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Consolidated statements of operations (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Commodity sales $ 192,976 $ 144,353 $ 366,315 $ 271,865
Gain from oil hedging activities 0 9,509 0 19,512
Total revenues 192,976 153,862 366,315 291,377
Costs and expenses:        
Lease operating 36,564 32,949 71,585 66,926
Production taxes 8,159 8,588 14,802 16,468
Depreciation, depletion & amortization 63,354 47,941 119,104 91,857
General and administrative 14,992 11,553 28,379 25,561
Total costs and expenses 123,069 101,031 233,870 200,812
Operating income 69,907 52,831 132,445 90,565
Non-operating (expense) income:        
Interest expense (26,203) (24,200) (52,662) (48,491)
Non-hedge derivative (losses) gains (57,996) 32,892 (87,195) 17,346
Other income, net 805 187 965 413
Net non-operating (expense) income (83,394) 8,879 (138,892) (30,732)
(Loss) income before income taxes (13,487) 61,710 (6,447) 59,833
Income tax (benefit) expense (5,054) 22,810 (2,419) 22,123
Net (loss) income $ (8,433) $ 38,900 $ (4,028) $ 37,710