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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 27,939 $ 29,032
Marketable securities 8,748 0
Accounts receivable, net of allowance for doubtful accounts of $1,351 and $1,064, respectively 212,748 190,169
Inventories 20,393 14,591
Fair value contracts 7,805 2,764
Income tax receivable 407 2,316
Prepayments 8,480 8,104
Total current assets 286,520 246,976
Property and Equipment    
Marketing 33,850 25,407
Transportation 51,096 43,131
Oil and gas (successful efforts method) 84,415 73,011
Other 192 188
Property and Equipment 169,553 141,737
Less - Accumulated depreciation, depletion and amortization (99,991) (94,148)
Net Property and Equipment 69,562 47,589
Other Assets:    
Oil and gas property held for sale 0 3,389
Deferred income tax asset 275 374
Cash deposits and other 3,031 2,977
Total Assests 359,388 301,305
Current Liabilities:    
Accounts payable 237,450 200,763
Accounts payable - related party 95 9
Fair value contracts 6,011 1,478
Accrued and other liabilities 6,824 3,894
Current deferred income taxes 916 854
Total current liabilities 251,296 206,998
Other Liabilities:    
Asset retirement obligations 1,412 1,390
Deferred taxes and other liabilities 7,353 2,762
Total Liabilities 260,061 211,150
Commitments and Contingencies (Note 5)    
Shareholders' Equity:    
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding 0 0
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding 422 422
Contributed capital 11,693 11,693
Retained earnings 87,212 78,040
Total shareholders' equity 99,327 90,155
Liabilities and Stockholders Equity $ 359,388 $ 301,305