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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 23,683 $ (35,500)
Adjustments to net loss to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled derivatives (34,323) 32,057
Depreciation, depletion and amortization 151,293 88,877
Impairment of crude oil and natural gas properties 4,054 52,436
Accretion of asset retirement obligation 2,582 3,667
Stock-based compensation 13,111 9,991
Loss on sale of properties and equipment 384 1,571
Amortization of debt discount and issuance costs 5,206 5,093
Deferred income taxes 14,981 (21,714)
Other (759) (1,017)
Changes in assets and liabilities 21,753 (15,918)
Net cash from operating activities 201,965 119,543
Cash flows from investing activities:    
Capital expenditures (451,081) (256,096)
Proceeds from acquisition adjustments 0 7,579
Proceeds from sale of properties and equipment 1,587 178,987
Net cash from investing activities (449,494) (69,530)
Cash flows from financing activities:    
Proceeds from revolving credit facility 136,750 252,500
Repayment of revolving credit facility (61,000) (278,000)
Proceeds from sale of common stock, net of issuance costs 0 275,847
Other (2,726) (4,329)
Net cash from financing activities 73,024 246,018
Net change in cash and cash equivalents (174,505) 296,031
Cash and cash equivalents, beginning of period 193,243 2,457
Cash and cash equivalents, end of period 18,738  
Cash payments (receipts) for:    
Interest, net of capitalized interest 24,933 26,408
Income taxes 1,800 525
Non-cash investing activities:    
Change in accounts payable related to purchases of properties and equipment 19,320 24,308
Change in asset retirement obligation, with a corresponding change to natural gas and crude oil properties, net of disposals 500 337
Change in accounts payable related to disposition of properties and equipment $ 0 $ (231)