Oil And Gas Properties	12 Months Ended
Oil And Gas Properties	Dec. 31, 2011
Oil And Gas Properties [Abstract]
Oil And Gas Properties	Note 5 — Oil and Gas Properties Acquisitions During June 2011, we acquired interests in three deepwater licenses in the Mediterranean Sea off the coast of Israel for approximately $1.7 million. We will operate the licenses with initial working interests of 40%. During November and December 2011, we acquired an aggregate additional 45% interest in GC 300 at our Clipper property from partners in the project. We now operate that property with a 100% working interest. Dispositions During December 2011, we sold to a third party our 100% working interest in the deep operating rights of one of our Gulf of Mexico properties resulting in a $26.0 million gain.

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.

+ References+ Details