Condensed Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended	9 Months Ended	2 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2010	Sep. 30, 2011	Mar. 05, 2010 Predecessors
Revenues
Oil and gas sales	$ 20,543	$ 21,484	$ 50,075	$ 62,305	$ 18,659
Gathering	1,383	1,437	3,341	4,272	1,076
Pipeline	2,501	2,402	5,561	8,140	1,749
Total	24,427	25,323	58,977	74,717	21,484
Costs and expenses
Production expense	11,845	10,904	27,027	35,685	8,645
Pipeline expense	1,132	1,431	3,732	4,148	1,110
General and administrative	4,241	4,638	14,132	14,277	5,735
Litigation reserve	1,981	20	1,640	11,581
Depreciation, depletion and amortization	6,755	4,874	10,882	20,482	4,164
Gain (loss) on sale of assets	(28)	(9)	131	(12,385)
Recovery of misappropriated funds		(997)	(997)
Total	25,926	20,861	56,547	73,788	19,654
Operating income (loss)	(1,499)	4,462	2,430	929	1,830
Other income (expense)
Gain from derivative financial instruments	11,953	32,271	50,239	16,700	25,246
Loss from investment in affiliates	(859)			(859)
Gain on forgiveness of debt				1,647
Other income (expense), net	23	58	(32)	193	(4)
Interest expense, net	(2,611)	(8,602)	(17,025)	(7,933)	(5,336)
Total	8,506	23,727	33,182	9,748	19,906
Income before income taxes	7,007	28,189	35,612	10,677	21,736
Income taxes	0	0	0	0	0
Net income	7,007	28,189	35,612	10,677	21,736
Net income attributable to non-controlling interest					(9,958)
Net income attributable to controlling interest	7,007	28,189	35,612	10,677	11,778
Preferred dividends	(1,973)	(180)	(180)	(5,747)
Accretion of redeemable preferred stock	(406)	(29)	(29)	(1,141)
Net income available to common stock	$ 4,628	$ 27,980	$ 35,403	$ 3,789	$ 11,778
Net income per common share
Basic	$ 0.51	$ 3.47	$ 4.40	$ 0.44	$ 0.37
Diluted	$ 0.29	$ 3.21	$ 4.22	$ 0.23	$ 0.36
Weighted average common shares outstanding
Basic	9,009	8,063	8,053	8,528	32,137
Diluted	16,009	8,719	8,381	16,753	32,614