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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 152 $ 2,195
Accounts receivable: oil and gas sales 14,587 3,014
Due from affiliate 11,804 0
Due from general partner 0 715
Derivative instruments 7,141 9,027
Prepaid and other current assets 701 1,264
Total current assets 34,385 16,215
Noncurrent assets:    
Oil and gas properties, using the full cost method of accounting 455,157 444,710
Less: accumulated depreciation, depletion and amortization (18,124) (913)
Total property and equipment, net 437,033 443,797
Derivative instruments 9,719 9,020
Deferred taxes 255 341
Deferred financing costs, net 2,573 2,645
Total noncurrent assets 449,580 455,803
Total assets 483,965 472,018
Current liabilities:    
Due to affiliate 0 442
Current portion of asset retirement obligations 1,783 1,848
Derivative instruments 4,075 7,045
Accrued and other liabilities 10,540 3,806
Total current liabilities 16,398 13,141
Noncurrent liabilities:    
Long-term debt 266,000 225,000
Derivative instruments 6,658 19,832
Asset retirement obligations 16,997 16,440
Total noncurrent liabilities 289,655 261,272
Commitments and contingencies (See Note 9)    
Partners' capital:    
General partner (35,729 units issued and outstanding as of June 30, 2011 and December 31,2010) 678 708
Public common unitholders (17,260,250 and 15,000,000 units issued and outstanding as of June 30, 2011 and December 31, 2010) 304,936 276,723
Affiliated common unitholders (11,297,737 units issued and outstanding as of June 30, 2011 and December 31, 2010) (78,225) (48,898)
Subordinated unitholders (7,145,866 units issued and outstanding as of June 30, 2011 and December 31, 2010) (49,477) (30,928)
Total partners' capital 177,912 197,605
Total liabilities and partners' capital $ 483,965 $ 472,018