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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES:  
Net income$ 10,801$ 6,711
Adjustments to reconcile net income to net cash provided by operating activities-  
Depreciation and amortization15,65420,387
Amortization of deferred loan costs3,3251,566
Non-cash interest3622,336
Accretion expense1,2231,288
Unrealized gain on commodity derivatives, net of premium amortization(16,947)(3,859)
Unrealized loss on interest rate derivatives556 
Deferred income tax provision (benefit)11,129(933)
Share-based compensation2,2272,284
Gain on disposal of other property and equipment(22)(38)
Other income (574)
Changes in operating assets and liabilities-  
Accounts receivable1,2933,023
Prepaid expenses, inventory and other assets491,598
Derivative premiums4,889(3,738)
Accounts payable and proceeds due others(7,681)1,603
Accrued liabilities and other(2,386)(1,717)
Income taxes payable(381)(473)
Asset retirement obligations(278)(161)
Total adjustments13,01222,592
Net cash provided by operating activities23,81329,303
INVESTING ACTIVITIES:  
Payments for oil and natural gas properties and equipment(19,600)(27,476)
Proceeds from sales of oil and natural gas properties462478
Payments for other property and equipment(503)(721)
Proceeds from sales of other property and equipment114
Net cash used in investing activities(19,630)(27,715)
FINANCING ACTIVITIES:  
Payments on long-term debt(235,222)(37,618)
Proceeds from borrowings on long-term debt238,16636,261
Payments for deferred loan costs(7,003) 
Stock repurchased(117)(331)
Net cash used in financing activities(4,176)(1,688)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS7(100)
CASH AND CASH EQUIVALENTS, beginning of period37129
CASH AND CASH EQUIVALENTS, end of period4429
SUPPLEMENTAL CASH FLOW INFORMATION:  
Cash paid for income taxes531616
Cash paid for interest12,03613,518
DISCLOSURE OF NON CASH INVESTING AND FINANCING ACTIVITIES:  
Asset retirement obligations$ (23)$ 147