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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue:                      
Oil and natural gas                 $ 688,743 $ 422,529 $ 348,207
Other                 4,295 1,104 120
Total Revenues 142,610 183,992 184,087 182,349 138,899 86,668 99,270 98,796 693,038 423,633 348,327
Costs and expenses:                      
Lease operating                 165,841 94,850 70,281
Transportation                 3,568 615 779
Exploration expenditures and dry hole costs                 26,555 18,799 14,268
Impairments                 2,937 8,883 32,466
Depreciation, depletion and amortization                 200,359 113,581 104,624
Accretion of liability for asset retirement obligations                 28,299 15,565 15,942
General and administrative                 28,137 23,208 18,741
Taxes, other than on earnings                 11,490 13,007 14,365
Gain on sale of assets                 (28,681)    
Other                 34,942 4,678 9,735
Total costs and expenses 122,077 143,178 98,535 109,657 86,235 67,379 68,071 71,501 473,447 293,186 281,201
Income from operations 20,533 40,814 85,552 72,692 52,664 19,289 31,199 27,295 219,591 130,447 67,126
Other income (expense):                      
Interest income                 99 136 102
Interest expense                 (52,368) (28,568) (17,548)
Loss on derivative instruments                 (32,361) (13,305) (5,870)
Loss on early extinguishment of debt                     (2,377)
Total other income (expense)                 (84,630) (41,737) (25,693)
Income before income taxes                 134,961 88,710 41,433
Deferred income tax expense                 (49,687) (29,900) (14,822)
Net income $ (12,058) $ (1,284) $ 69,579 $ 29,037 $ 24,153 $ (2,247) $ 35,401 $ 1,503 $ 85,274 $ 58,810 $ 26,611
Basic earnings per share $ (0.31) $ (0.03) $ 1.77 $ 0.74 $ 0.62 $ (0.06) $ 0.90 $ 0.04 $ 2.18 $ 1.50 $ 0.66
Diluted earnings per share $ (0.31) $ (0.03) $ 1.75 $ 0.73 $ 0.61 $ (0.06) $ 0.90 $ 0.04 $ 2.15 $ 1.50 $ 0.66
Weighted average common shares used in computing earnings per share:                      
Basic                 38,730 38,885 39,946
Diluted                 39,236 39,034 40,050