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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
ASSETS    
Cash and Cash Equivalents $ 3,813 $ 2,967
Accounts Receivable:    
Oil and gas sales 57,635 35,867
Joint interest operations 23,032 15,534
Derivative Financial Instruments   970
Deferred Income Taxes 2,972  
Other Current Assets 2,745 1,796
Total current assets 90,197 57,134
Property and Equipment:    
Unevaluated oil and gas properties 178,384 134,350
Oil and gas properties, successful efforts method 4,046,243 3,781,313
Other 19,438 18,373
Accumulated depreciation, depletion and amortization (2,050,567) (1,867,301)
Net property and equipment 2,193,498 2,066,735
Other Assets 16,564 15,529
Total Assets 2,300,259 2,139,398
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts Payable 128,938 101,872
Deferred Income Taxes   339
Current Taxes Payable 102 1,487
Derivative Financial Instruments 8,492  
Accrued Liabilities 42,135 91,297
Total current liabilities 179,667 194,995
Long-term Debt 975,151 798,700
Deferred Income Taxes 183,274 177,026
Reserve for Future Abandonment Costs 15,630 14,534
Other Non-Current Liabilities 1,803 2,138
Total liabilities 1,355,525 1,187,393
Commitments and Contingencies      
Stockholders’ Equity:    
Common stock – $0.50 par, 75,000,000 shares authorized, 47,864,249 and 47,680,516 shares outstanding at June 30, 2014 and December 31, 2013, respectively 23,932 23,840
Additional paid-in capital 482,353 480,816
Retained earnings 438,449 447,349
Total stockholders’ equity 944,734 952,005
Total liabilities and stockholders' equity $ 2,300,259 $ 2,139,398