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Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Oil and natural gas sales $ 530,041 $ 408,561 $ 292,387
Gain (loss) from oil and natural gas hedging activities (27,452) (29,393) 19,403
Other revenues 4,070 4,127 2,864
Total revenues 506,659 383,295 314,654
Costs and expenses:      
Lease operating 121,420 106,127 94,070
Production tax 34,321 26,495 20,341
Depreciation, depletion and amortization 146,083 109,503 104,193
Loss on impairment of oil and natural gas properties 0 0 240,790
Loss on impairment of other assets 0 4,150 0
General and administrative 42,056 29,915 23,741
Litigation settlement 0 0 2,928
Other expenses 3,448 3,148 1,957
Total costs and expenses 347,328 279,338 488,020
Operating income (loss) 159,331 103,957 (173,366)
Non-operating income (expense):      
Interest expense (96,720) (81,370) (90,102)
Non-hedge derivative gains 34,408 38,595 11,169
Loss on extinguishment of debt (20,592) (2,241) 0
Financing costs 0 (1,812) (2,169)
Other income 1,545 387 13,921
Net non-operating expense (81,359) (46,441) (67,181)
Income (loss) from continuing operations before income taxes 77,972 57,516 (240,547)
Income tax expense (benefit) 35,924 23,803 (89,777)
Income (loss) from continuing operations 42,048 33,713 (150,770)
Income from discontinued operations, net of related taxes 0 0 6,452
Net income (loss) $ 42,048 $ 33,713 $ (144,318)