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Consolidated Statements Of Operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Oil and natural gas sales $ 131,215 $ 129,905 $ 374,452 $ 403,986
Gain (loss) from oil hedging activities 11,468 (6,889) 35,777 (20,450)
Other revenues 0 1,134 0 3,339
Total revenues 142,683 124,150 410,229 386,875
Costs and expenses:        
Lease operating 35,278 31,830 98,946 91,134
Production tax 8,748 8,626 24,258 26,706
Depreciation, depletion and amortization 44,421 37,059 119,807 107,913
General and administrative 12,878 11,063 39,165 28,638
Other expenses 0 879 0 2,788
Total costs and expenses 101,325 89,457 282,176 257,179
Operating income 41,358 34,693 128,053 129,696
Non-operating expense:        
Interest expense (24,087) (24,470) (72,666) (72,401)
Non-hedge derivative gains (losses) (25,030) 93,601 37,035 79,971
Loss on extinguishment of debt (18) 0 (21,714) (20,576)
Other income (expenses), net 104 (137) 236 (22)
Net non-operating income (expense) (49,031) 68,994 (57,109) (13,028)
Income (loss) before income taxes (7,673) 103,687 70,944 116,668
Income tax expense (benefit) (2,727) 39,091 25,645 44,942
Net income (loss) $ (4,946) $ 64,596 $ 45,299 $ 71,726