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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue:        
Oil and natural gas $ 183,001 $ 99,249 $ 363,985 $ 198,021
Other 1,086 21 2,451 45
Total Revenues 184,087 99,270 366,436 198,066
Costs and expenses:        
Lease operating 42,793 18,661 84,372 37,072
Transportation 693 99 1,343 250
Exploration expenditures and dry hole costs 6,530 2,587 8,463 16,896
Impairments 2,129 3,394 2,171 5,708
Depreciation, depletion and amortization 53,336 27,918 99,858 51,826
Accretion of liability for asset retirement obligations 6,166 3,411 12,198 6,559
General and administrative 7,409 5,654 14,501 10,998
Taxes, other than on earnings 2,739 2,904 5,599 6,645
Gain on sale of assets (26,856)   (26,856)  
Other 3,596 3,443 6,543 3,618
Total costs and expenses 98,535 68,071 208,192 139,572
Income from operations 85,552 31,199 158,244 58,494
Other income (expense):        
Interest income 17 50 27 88
Interest expense (13,098) (5,093) (26,193) (9,967)
Gain on derivative instruments 36,930 30,305 22,979 10,243
Total other income (expense) 23,849 25,262 (3,187) 364
Income before income taxes 109,401 56,461 155,057 58,858
Current income tax expense (50)   (150) (300)
Deferred income tax expense (39,772) (21,060) (56,291) (21,654)
Total provision for income taxes (39,822) (21,060) (56,441) (21,954)
Net income $ 69,579 $ 35,401 $ 98,616 $ 36,904
Basic earnings per share $ 1.77 $ 0.90 $ 2.51 $ 0.94
Diluted earnings per share $ 1.75 $ 0.90 $ 2.48 $ 0.94
Weighted average common shares used in computing earnings per share:        
Basic 38,871 38,914 38,847 39,018
Diluted 39,383 39,027 39,302 39,132