Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended			6 Months Ended	2 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2010	Jun. 30, 2011	Mar. 05, 2010 Predecessors
Revenues
Oil and gas sales	$ 21,525	$ 20,120	$ 28,591	$ 41,762	$ 18,659
Gathering	1,533	1,474	1,904	2,889	1,076
Pipeline	2,466	2,232	3,159	5,639	1,749
Total	25,524	23,826	33,654	50,290	21,484
Costs and expenses
Production expense	11,406	12,005	16,123	23,840	8,645
Pipeline expense	1,356	1,664	2,301	3,016	1,110
General and administrative	5,148	7,910	9,494	10,036	5,735
Litigation reserve	100	50	1,620	9,600
Depreciation, depletion and amortization	6,836	4,905	6,008	13,727	4,164
(Gain) loss on sale of assets	(2,435)	(32)	140	(12,357)
Total	22,411	26,502	35,686	47,862	19,654
Operating income (loss)	3,113	(2,676)	(2,032)	2,428	1,830
Other income (expense)
Gain (loss) from derivative financial instruments	5,568	(605)	17,968	4,747	25,246
Gain on forgiveness of debt	1,647			1,647
Other income (expense), net	(164)	19	(90)	170	(4)
Interest expense, net	(2,633)	(6,325)	(8,423)	(5,322)	(5,336)
Total other income (expense)	4,418	(6,911)	9,455	1,242	19,906
Income (loss) before income taxes	7,531	(9,587)	7,423	3,670	21,736
Income taxes	0	0	0	0	0
Net income (loss)	7,531	(9,587)	7,423	3,670	21,736
Net income attributable to non-controlling interest					(9,958)
Net income (loss) attributable to controlling interest	7,531	(9,587)	7,423	3,670	11,778
Preferred dividends	(1,915)			(3,774)
Accretion of redeemable preferred stock	(380)			(735)
Net income (loss) available to common stock	$ 5,236	$ (9,587)	$ 7,423	$ (839)	$ 11,778
Net income (loss) per common share
Basic	$ 0.63	$ (1.19)	$ 0.92	$ (0.10)	$ 0.37
Diluted	$ 0.28	$ (1.19)	$ 0.91	$ (0.10)	$ 0.36
Weighted average common shares outstanding
Basic	8,311	8,049	8,047	8,283	32,137
Diluted	18,792	8,049	8,116	8,283	32,614