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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 15,835 $ (19,924)
Adjustments to net income to reconcile to net cash provided by operating activities:    
Unrealized gain on derivatives, net (1,533) 27,745
Depreciation, depletion and amortization 39,814 32,357
Amortization and impairment of natural gas and crude oil properties 653 453
Exploratory dry hole costs 0 35
Loss (gain) from sale of properties and equipment (20,489) (3,928)
Deferred income taxes 10,914 (14,024)
Stock-based compensation 1,946 1,545
Amortization of debt issuance costs 1,641 1,704
Other 699 136
Changes in assets and liabilities (5,181) (10,623)
Net cash provided by operating activities 44,299 15,476
Cash flows from investing activities:    
Capital expenditures (107,029) (71,079)
Acquisition of natural gas and crude oil properties, net of cash acquired (10,000) 0
Proceeds from sale of properties and equipment 184,646 9,952
Increase in restricted cash   (101)
Net cash used in investing activities 67,617 (61,228)
Cash flows from financing activities:    
Proceeds from credit facility 144,750 0
Payment of credit facility (263,000) 0
Contribution by investing partner in PDCM 0 6,407
Other (249) (328)
Net cash provided by financing activities (118,499) 6,079
Net decrease in cash and cash equivalents (6,583) (39,673)
Cash and cash equivalents, beginning of period 8,238 [1]  
Cash and cash equivalents, end of period 1,655 14,699
Cash payments (receipts) for:    
Interest, net of capitalized interest 14,975 12,314
Income taxes, net of refunds (1,100) 85
Non-cash investing activities:    
Change in accounts payable related to purchases of properties and equipment (21,044) 5,832
Change in asset retirement obligation, with a corresponding increase to natural gas and crude oil properties, net of disposals $ (1,962) $ 229
[1] Derived from audited 2011 balance sheet.