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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 39,213 $ 26,623
Accounts receivable:    
Oil and gas sales 43,264 39,268
Joint interest and other, net of allowance for doubtful accounts of $1,184 at March 31, 2014 and December 31, 2013 17,326 17,121
Affiliates 137 264
Inventory 38,943 39,183
Deferred income taxes 6,383 7,581
Fair value of derivatives 0 2,518
Prepaids and other 4,795 5,753
TOTAL CURRENT ASSETS 150,061 138,311
PROPERTY AND EQUIPMENT    
Oil and gas properties, successful efforts method 2,413,224 2,403,277
Pipelines and other midstream facilities 56,101 54,800
Contract drilling equipment 103,927 96,270
Other 20,630 20,620
PROPERTY AND EQUIPMENT, GROSS 2,593,882 2,574,967
Less accumulated depreciation, depletion and amortization (1,409,635) (1,375,860)
Property and equipment, net 1,184,247 1,199,107
Debt issue costs, net    
Debt issue costs, net 12,115 12,785
Investments and other 16,407 16,534
TOTAL OTHER ASSETS 28,522 29,319
Total assets 1,362,830 1,366,737
Accounts payable:    
Trade 75,436 75,872
Oil and gas sales 42,064 37,834
Affiliates 1,463 874
Fair value of derivatives 1,594 208
Accrued liabilities and other 35,814 21,607
TOTAL CURRENT LIABILITIES 156,371 136,395
NON-CURRENT LIABILITIES    
Long-term debt 599,653 639,638
Deferred income taxes 146,076 140,809
Asset retirement obligations 47,813 49,981
Deferred revenue from volumetric production payment 28,056 29,770
Accrued compensation under non-equity award plans 18,752 15,469
Other 934 892
TOTAL NON-CURRENT LIABILITIES 841,284 876,559
COMMITMENTS AND CONTINGENCIES (Note 14)      
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $.10 per share, authorized — 3,000,000 shares; none issued 0 0
Common stock, par value $.10 per share, authorized — 30,000,000 shares; issued and outstanding — 12,165,536 shares at March 31, 2014 and December 31, 2013 1,216 1,216
Additional paid-in capital 152,556 152,556
Retained earnings 211,403 200,011
TOTAL STOCKHOLDERS' EQUITY 365,175 353,783
Total liabilities and equity $ 1,362,830 $ 1,366,737