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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 89 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Condensed Consolidated Statements of Operations      
Oil and gas revenue $ 0   $ 0
Operating costs and expenses:      
Seismic and exploration 22,318 17,350 412,490
Dry hole expense and impairment 68,168 5,324 306,901
General and administrative 21,507 14,840 327,450
Depreciation and amortization 459 201 5,210
Total operating costs and expenses 112,452 37,715 1,052,051
Operating income (loss) (112,452) (37,715) (1,052,051)
Other income (expense):      
Gain on sale of assets 1,497   1,497
Interest income 1,525 1,184 16,569
Interest expense, net (18,657)   (21,937)
Total other income (expense) (15,635) 1,184 (3,871)
Net income (loss) before income tax (128,087) (36,531) (1,055,922)
Net income (loss) $ (128,087) $ (36,531) $ (1,055,922)
Basic and diluted income (loss) per common share (in dollars per share) $ (0.31) $ (0.09)  
Weighted average common shares outstanding (in shares) 406,651,869 394,058,437