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Consolidated statements of operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Oil and natural gas sales $ 163,625 $ 148,951
Natural gas transportation and treating 80 61
Total revenues 163,705 149,012
Costs and expenses:    
Lease operating expenses 22,442 14,984
Production and ad valorem taxes 11,445 8,919
Natural gas transportation and treating 108 43
Drilling and production 674 1,217
General and administrative (including non-cash stock-based compensation of $3,217 and $2,247 for the three months ended March 31, 2013 and 2012, respectively) 19,634 17,531
Accretion of asset retirement obligations 394 264
Depreciation, depletion and amortization 64,503 50,909
Total costs and expenses 119,200 93,867
Operating income 44,505 55,145
Realized and unrealized gain (loss):    
Commodity derivative financial instruments, net (16,854) 594
Interest rate derivatives, net (6) (323)
Loss from equity method investee (64) 0
Interest expense (25,349) (14,684)
Interest and other income 15 16
Non-operating income (expense), net (42,258) (14,397)
Income (loss) before income taxes 2,247 40,748
Income tax benefit (expense):    
Deferred (1,110) (14,669)
Total income tax expense (1,110) (14,669)
Income from continuing operations 1,137 26,079
Income from discontinued operations, net of tax 272 156
Net income $ 1,409 $ 26,235
Basic net income per share:    
Income from continuing operations, per basic share $ 0.01 $ 0.21
Income from discontinued operations, net of tax, per basic share $ 0.00 $ 0.00
Basic (in dollars per share) $ 0.01 $ 0.21
Diluted net income per share    
Income from continuing operations, per diluted share $ 0.01 $ 0.20
Income from discontinued operations, net of tax, per diluted share $ 0.00 $ 0.00
Diluted net income per share $ 0.01 $ 0.20
Weighted average common shares outstanding:    
Basic (in shares) 127,200 126,803
Diluted (in shares) 128,851 127,981