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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS  
Cash and cash equivalents$ 4,572$ 4,836
Accounts receivable, net42,88838,081
Other receivables2,6976,338
Prepaid expenses and other current assets3,7252,292
Derivative financial instruments25,78710,436
TOTAL CURRENT ASSETS79,66961,983
PROPERTY AND EQUIPMENT  
Oil and natural gas properties, successful efforts method, net555,357442,880
Other property and equipment, net16,02913,384
TOTAL PROPERTY AND EQUIPMENT, NET571,386456,264
OTHER ASSETS  
Investment in Partnership - cost9,0009,000
Deferred financing costs, net12,89813,552
Derivative financial instruments24,10614,165
Advances to operators4,0882,699
Deposits1,896576
TOTAL OTHER ASSETS51,98839,992
TOTAL ASSETS703,043558,239
CURRENT LIABILITIES  
Accounts payable and accrued liabilities79,31887,255
Current portion, asset retirement obligations3,4181,617
Derivative financial instruments1,9593,092
TOTAL CURRENT LIABILITIES84,69591,964
LONG-TERM LIABILITIES  
Asset retirement obligations43,27541,096
Long-term debt471,971371,276
Notes payable to founder20,60619,709
Derivative financial instruments02,296
Other long-term liabilities5,0527,240
TOTAL LONG-TERM LIABILITIES540,904441,617
TOTAL LIABILITIES625,599533,581
COMMITMENTS AND CONTINGENCIES (NOTE 10)  
PARTNERS' CAPITAL77,44424,658
TOTAL LIABILITIES AND PARTNERS' CAPITAL$ 703,043$ 558,239