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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues:        
Oil, natural gas and natural gas liquids revenues $ 68,109 $ 39,431 $ 127,730 $ 78,027
Transportation and marketing-related revenues 1,484 1,476 2,885 3,054
Total revenues 69,593 40,907 130,615 81,081
Operating costs and expenses:        
Lease operating expenses 17,949 14,869 35,311 26,301
Cost of purchased natural gas 1,120 1,095 2,170 2,315
Dry hole and exploration costs 441   844  
Production taxes 3,119 1,673 5,770 3,800
Asset retirement obligations accretion expense 970 764 1,936 1,274
Depreciation, depletion and amortization 18,443 13,436 36,007 25,520
General and administrative expenses 7,132 5,825 15,725 10,549
Impairment of oil and natural gas properties 5,078   6,666  
Gain on sale of oil and natural gas properties   (4,388)   (3,824)
Total operating costs and expenses 54,252 33,274 104,429 65,935
Operating income 15,341 7,633 26,186 15,146
Other income (expense), net:        
Realized gains on derivatives, net 14,242 13,901 27,784 21,866
Unrealized gains (losses) on derivatives, net 17,422 (2,158) (35,633) 30,502
Interest expense (8,124) (3,269) (13,283) (5,372)
Other income, net 313 252 233 393
Total other income (expense), net 23,853 8,726 (20,899) 47,389
Income before income taxes 39,194 16,359 5,287 62,535
Income taxes (31) (79) (113) (131)
Net income 39,163 16,280 5,174 62,404
General partner's interest in net income, including incentive distribution rights 3,728 2,624 5,982 5,836
Limited partners' interest in net income (loss) $ 35,435 $ 13,656 $ (808) $ 56,568
Net income (loss) per limited partner unit:        
Basic 1.03 0.50 (0.02) 2.14
Diluted 1.03 0.50 (0.02) 2.14
Weighted average limited partner units outstanding:        
Basic 34,294 27,210 33,002 26,403
Diluted 34,534 27,264 33,002 26,438
Distributions declared per unit $ 0.761 $ 0.757 $ 1.521 $ 1.513