XML 62 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 35,729 $ 53,544
Receivables:    
Crude oil and natural gas sales 468,650 366,441
Affiliated parties 12,410 31,108
Joint interest and other, net 356,111 379,991
Derivative assets 18,389 6,669
Inventories 46,743 41,270
Deferred and prepaid taxes 365 47,658
Prepaid expenses and other 8,386 9,692
Total current assets 946,783 936,373
Net property and equipment, based on successful efforts method of accounting 8,105,269 4,681,733
Net debt issuance costs and other 55,726 24,355
Noncurrent derivative assets 32,231 3,625
Total assets 9,140,009 5,646,086
Current liabilities:    
Accounts payable trade 687,310 642,889
Revenues and royalties payable 261,856 222,027
Payables to affiliated parties 6,069 9,939
Accrued liabilities and other 153,454 117,674
Derivative liabilities 12,999 116,985
Current portion of asset retirement obligations 2,227 2,287
Current portion of long-term debt 1,950  
Total current liabilities 1,125,865 1,111,801
Long-term debt, net of current portion 3,537,771 1,254,301
Other noncurrent liabilities:    
Deferred income tax liabilities 1,262,576 850,282
Asset retirement obligations, net of current portion 44,944 60,338
Noncurrent derivative liabilities 2,173 57,598
Other noncurrent liabilities 2,981 3,640
Total other noncurrent liabilities 1,312,674 971,858
Commitments and contingencies (Note 10)      
Shareholders' equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding      
Common stock, $0.01 par value; 500,000,000 shares authorized; 185,604,681 shares issued and outstanding at December 31, 2012; 180,871,688 shares issued and outstanding at December 31, 2011 1,856 1,809
Additional paid-in capital 1,226,835 1,110,694
Retained earnings 1,935,008 1,195,623
Total shareholders' equity 3,163,699 2,308,126
Total liabilities and shareholders' equity $ 9,140,009 $ 5,646,086