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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Successor
Mar. 31, 2012
Predecessor
Cash flows from operating activities:    
Net loss $ (4,816,000) $ (13,463,000)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation, depletion, amortization and accretion 767,000 5,327,000
Interest, prepayments premiums and exit penalty capitalized into note balance 2,278,000 677,000
Gain on sale of assets held for sale (50,000)  
Loss on disposal of other assets 33,000  
Stock-based compensation 140,000 1,017,000
Amortization of deferred financing costs and bond discount 424,000  
Unrealized gain on derivative contracts 2,240,000  
(Income) loss from unconsolidated affiliates 2,360,000 (2,000)
Professional fees paid through restricted cash related to trust activities 1,297,000  
Other   51,000
Net changes in operating assets and liabilities:    
Trade accounts receivable (2,794,000) 3,845,000
Deposits and prepaid assets 269,000 23,000
Inventories (2,875,000)  
Other assets 6,000  
Accounts payable and other accrued liabilities (7,905,000) (2,756,000)
Other accrued liabilities   1,640,000
Net cash used in operating activities (8,626,000) (3,641,000)
Cash flows from investing activities:    
Additions to property and equipment (10,000) (679,000)
Capitalized drilling costs owed to operator (218,000)  
Proceeds from sale of assets held for sale 2,850,000  
Net cash provided by (used in) investing activities 2,622,000 (679,000)
Cash flows from financing activities:    
Proceeds from borrowings 8,000,000  
Release of restricted cash held to secure letters of credit 6,500,000  
Net cash provided by financing activities 14,500,000  
Net increase (decrease) in cash and cash equivalents 8,496,000 (4,320,000)
Cash at beginning of period 6,185,000 12,862,000
Cash at end of period 14,681,000 8,542,000
Non cash investing and financing activities and supplemental disclosure of cash paid:    
Stock issued to settle bankruptcy claims 1,934,000  
Restricted cash used to settle bankruptcy claims $ 783,000