Oil and Gas Properties	6 Months Ended
Oil and Gas Properties	Jun. 30, 2011
Oil and Gas Properties
Oil and Gas Properties	Note 4 — Oil and Gas Properties Acquisitions During June 2011, we acquired interests in three deepwater licenses in the Mediterranean Sea off the coast of Israel. We will operate the licenses with working interests of 40%. Impairment of Oil and Gas Properties During the second quarter of 2011, we recognized impairment expense of $45.7 related to two older properties South Timbalier 77 (acquired in 2005) and Eugene Island 30 (acquired in 1999). The impairment at South Timbalier 77 represents the majority of the expense and was primarily due to our decision not to move forward with a related capital program.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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