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Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Oil and natural gas sales $ 115,448 $ 146,482 $ 243,237 $ 274,081
Gain (loss) from oil hedging activities 11,886 (6,806) 24,309 (13,561)
Other revenues 0 1,060 0 2,205
Total revenues 127,334 140,736 267,546 262,725
Costs and expenses:        
Lease operating 32,719 31,748 63,668 59,304
Production tax 7,220 9,456 15,510 18,080
Depreciation, depletion and amortization 38,454 36,877 75,386 70,854
General and administrative 12,838 9,567 26,287 17,575
Other expenses 0 827 0 1,909
Total costs and expenses 91,231 88,475 180,851 167,722
Operating income 36,103 52,261 86,695 95,003
Non-operating expense:        
Interest expense (24,423) (24,221) (48,579) (47,931)
Non-hedge derivative gains (losses) 72,528 47,296 62,065 (13,630)
Loss on extinguishment of debt (21,696) 0 (21,696) (20,576)
Other income and expenses 127 68 132 115
Net non-operating income (expense) 26,536 23,143 (8,078) (82,022)
Income before income taxes 62,639 75,404 78,617 12,981
Income tax expense 22,176 28,010 28,372 5,851
Net income $ 40,463 $ 47,394 $ 50,245 $ 7,130