Supplemental Oil and Gas Disclosures (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Supplemental Oil and Gas Disclosures (Unaudited) (Tables)

Costs Incurred in Acquisition, Exploration, and Development Activities Table

	Year Ended December 31,
	2012		2011			2010
	(In Thousands)
Acquisition	$	-		$	141		$	5,497
Exploration		-			-			16,822
Development		-			5,798			87,465
Total costs incurred	$	-		$	5,939		$	109,784

Results of Operations for Producing Activities Table

	Year Ended December 31,
	2012		2011			2010
	(In Thousands)
Oil and gas sales revenues	$	6,158		$	81,941		$	197,841
Production (lifting) costs (1)		3,749			33,496			71,066
Depreciation, depletion, and amortization		60			27,640			73,679
Impairments of properties		-			15,233			63,774
Excess decommissioning and abandonment costs		40,767			78,382			53,997
Exploration expenses		-			77			306
Accretion expense		979			3,705			5,008
Dry hole costs		-			(32)			325
Gain on insurance recoveries		-			-			(2,541)
Pretax income (loss) from producing activities		(39,397)			(76,560)			(67,773)
Income tax expense (benefit)		(13,789)			(26,797)			(25,186)
Results of oil and gas producing activities	$	(25,608)		$	(49,763)		$	(42,587)

^{(1) Impairments of oil and gas properties during 2010 were primarily due to the increase in Maritech's decommissioning liabilities.}

Reserve Quantity Information Table

Reserve Quantity Information	Oil	NGL	Gas
	(MBbls)	(MBbls)	(MMcf)
December 31, 2009
Proved developed reserves	5,502	188	32,387
Proved undeveloped reserves	1,367	16	1,124
Total proved reserves at December 31, 2009	6,869	204	33,511
December 31, 2010
Proved developed reserves	5,760	415	24,795
Proved undeveloped reserves	1,012	74	790
Total proved reserves at December 31, 2010	6,772	489	25,585
December 31, 2011
Proved developed reserves	95	40	676
Proved undeveloped reserves	107	60	480
Total proved reserves at December 31, 2011	202	100	1,156
December 31, 2012
Proved developed reserves	-	-	-
Proved undeveloped reserves	-	-	-
Total proved reserves at December 31, 2012	-	-	-
	Oil	NGL	Gas
	(MBbls)	(MBbls)	(MMcf)
Total proved reserves at December 31, 2009	6,869	204	33,511
Revisions of previous estimates	266	310	(6,303)
Production	(1,360)	(132)	(7,065)
Extensions and discoveries	712	107	4,749
Purchases of reserves in place	293	-	876
Sales of reserves in place	(8)	-	(183)
Total proved reserves at December 31, 2010	6,772	489	25,585
Revisions of previous estimates	(88)	22	(1,903)
Production	(612)	(88)	(3,322)
Extensions and discoveries	-	-	-
Purchases of reserves in place	-	-	-
Sales of reserves in place	(5,870)	(323)	(19,204)
Total proved reserves at December 31, 2011	202	100	1,156
Revisions of previous estimates	(8)	39	(52)
Production	(23)	(39)	(311)
Extensions and discoveries	-	-	-
Purchases of reserves in place	-	-	-
Sales of reserves in place	(171)	(100)	(793)
Total proved reserves at December 31, 2012	-	-	-

Discounted Future Net Cash Flows and Changes in Discounted Future Net Cash Flows Table

	December 31,
	2012		2011
	(In Thousands)
Future cash inflows	$	-		$	28,873
Future costs
Production		-			10,240
Development and abandonment		-			7,922
Future net cash flows before income taxes		-			10,711
Future income taxes		-			(1,513)
Future net cash flows		-			9,198
Discount at 10% annual rate		-			(2,723)
Standardized measure of discounted future net cash flows	$	-		$	6,475

Changes in Standardized Measure of Discounted Future Net Cash Flows

	Year Ended December 31,
	2012		2011			2010
	(In Thousands)
Standardized measure, beginning of year	$	6,475		$	133,269		$	86,049
Sales, net of production costs		(2,409)			(48,445)			(74,718)
Net change in prices, net of production costs		-			(11,916)			92,065
Changes in future development and abandonment costs		-			43,792			(48,002)
Development and abandonment costs incurred		-			25,083			42,151
Accretion of discount		-			17,909			9,720
Net change in income taxes		-			44,612			(34,665)
Purchases of reserves in place		-			-			8,694
Extensions and discoveries		-			-			63,411
Sales of reserves in place		(7,918)			(198,324)			(58)
Net change due to revision in quantity estimates		-			(10,814)			(13,738)
Changes in production rates (timing) and other		3,852			11,309			2,360
Subtotal		(6,475)			(126,794)			47,220
Standardized measure, end of year	$	-		$	6,475		$	133,269