CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
OPERATING REVENUES
Natural gas sales	$ 14,747,982	$ 15,474,237	$ 45,011,246	$ 43,490,452
Crude oil sales	8,866,235	5,404,136	25,718,944	15,095,988
Natural gas liquids sales	5,299,854	3,529,359	15,470,606	9,577,462
Operating overhead and other income	180,926	128,175	505,014	434,807
Total operating revenues	29,094,997	24,535,907	86,705,810	68,598,709
OPERATING EXPENSES
Lease operating expenses	912,698	3,583,572	9,600,620	11,420,069
Production and ad valorem taxes	1,615,539	1,399,292	5,454,014	4,580,119
Exploration expenses	573,697	1,311,678	954,906	1,994,794
Depreciation, depletion and amortization	13,445,305	12,035,848	41,311,873	32,973,530
Impairment and abandonment of oil and gas properties	4,810,708		14,220,733
General and administrative	4,636,803	4,501,413	13,171,622	13,897,108
(Gain) loss on sale of assets		(10,453)		420,366
Total operating expenses	25,994,750	22,821,350	84,713,768	65,285,986
INCOME FROM OPERATIONS	3,100,247	1,714,557	1,992,042	3,312,723
OTHER INCOME (EXPENSE)
Interest expense, net of amount capitalized	(6,045,543)	(5,785,042)	(19,028,127)	(16,387,881)
Other financing cost	(269,756)	(776,137)	(1,441,626)	(2,349,167)
Unrealized (loss) gain on derivative instruments	4,222,523	(1,258,326)	2,059,233	265,899
Total other income (expense)	(2,092,776)	(7,819,505)	(18,410,520)	(18,471,149)
INCOME (LOSS) BEFORE INCOME TAXES	1,007,471	(6,104,948)	(16,418,478)	(15,158,426)
Income tax (expense) benefit	(480,871)	2,285,040	5,572,553	5,176,483
NET INCOME (LOSS)	$ 526,600	$ (3,819,908)	$ (10,845,925)	$ (9,981,943)
NET INCOME (LOSS) PER SHARE
Basic (in dollars per share)	$ 0.01	$ (0.10)	$ (0.24)	$ (0.26)
Diluted (in dollars per share)	$ 0.01	$ (0.10)	$ (0.24)	$ (0.26)
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in shares)	45,121,172	38,819,780	45,084,200	38,655,038
Diluted (in shares)	45,166,566	38,819,780	45,084,200	38,655,038