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Divestiture
3 Months Ended
Mar. 31, 2013
Divestiture [Abstract]  
Divestiture

 

(2) DIVESTITURES

 

In May 2012, we sold certain oil and natural gas leases, wells and gathering equipment in East Texas for approximately $166.0 millionThe assets included in the sale represented all of the Company’s interests and related assets in the Overton Field in Smith County. The net production from the sold assets was approximately 24.0 MMcfe per day as of the closing date and our net proved reserves were approximately 143.0 Bcfe at December 31, 2011.