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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended 95 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Condensed Consolidated Statements of Operations          
Oil and gas revenue     $ 0    
Operating costs and expenses:          
Seismic and exploration 14,555 6,327 41,430 35,682 431,603
Dry hole expense and impairment 108,321 15,041 212,199 131,720 450,931
General and administrative 22,347 18,916 68,507 52,239 374,448
Depreciation and amortization 440 269 1,345 782 6,097
Total operating costs and expenses 145,663 40,553 323,481 220,423 1,263,079
Operating income (loss) (145,663) (40,553) (323,481) (220,423) (1,263,079)
Other income (expense):          
Gain on sale of assets     2,993   2,993
Interest income 1,465 1,339 4,610 3,955 19,653
Interest expense (15,802)   (51,027)   (54,307)
Total other income (expense) (14,337) 1,339 (43,424) 3,955 (31,661)
Net income (loss) before income tax (160,000) (39,214) (366,905) (216,468) (1,294,740)
Income tax expense     0    
Net income (loss) $ (160,000) $ (39,214) $ (366,905) $ (216,468) $ (1,294,740)
Basic and diluted income (loss) per share (in dollars per share) $ (0.39) $ (0.10) $ (0.90) $ (0.54)  
Basic and diluted weighted average common shares outstanding (in shares) 406,941,392 406,543,628 406,803,860 402,272,534