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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 98,616 $ 36,904
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 99,858 51,826
Accretion of liability for asset retirement obligations 12,198 6,559
Unrealized loss (gain) on derivative contracts (27,300) (13,958)
Non-cash compensation 3,448 2,318
Deferred income taxes 56,291 21,654
Exploration expenditures 3,691 4,173
Impairments 2,171 5,708
Amortization of deferred financing costs and discount on debt 2,655 1,004
Gain on sale of assets 26,856  
Other 5,420 3,401
Changes in operating assets and liabilities:    
Trade accounts receivable (10,260) 901
Prepaid expenses (5,857) 1,820
Other assets 284 (78)
Accounts payable and accrued expenses 4,888 5,297
Asset retirement obligation settlements (26,771) (19,346)
Net cash provided by operating activities 192,476 108,183
Cash flows provided (used) in investing activities:    
Property acquisitions (2,082) (33,064)
Exploration and development expenditures (152,104) (85,133)
Other property and equipment additions (1,263) (1,145)
Proceeds from sale of assets 52,237  
Increase in restricted cash (51,757)  
Net cash used in investing activities (154,969) (119,342)
Cash flows provided by (used in) financing activities:    
Repayments of indebtedness (30,000)  
Deferred financing costs (638) (6)
Purchase of shares into treasury (5,096) (8,183)
Exercise of stock options 591 67
Net cash used in financing activities (35,143) (8,122)
Net increase (decrease) in cash and cash equivalents 2,364 (19,281)
Cash and cash equivalents at beginning of period 1,521 80,128
Cash and cash equivalents at end of period $ 3,885 $ 60,847