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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Oil and gas sales $ 110,586 $ 98,364
Midstream services 1,616 896
Drilling rig services 6,879 5,317
Other operating revenues 5,524 2,290
Total revenues 124,605 106,867
COSTS AND EXPENSES    
Production 26,447 31,489
Exploration:    
Abandonments and impairments 3,839 810
Seismic and other 1,483 2,587
Midstream services 534 407
Drilling rig services 4,856 5,068
Depreciation, depletion and amortization 36,255 39,063
Impairment of property and equipment 3,406 69,537
Accretion of asset retirement obligations 886 1,068
General and administrative 11,818 7,588
Other operating expenses 502 133
Total costs and expenses 90,026 157,750
Operating income (loss) 34,579 (50,883)
OTHER INCOME (EXPENSE)    
Interest expense (12,521) (10,571)
Loss on derivatives (5,041) (6,535)
Other 840 1,949
Total other income (expense) (16,722) (15,157)
Income (loss) before income taxes 17,857 (66,040)
Income tax (expense) benefit (6,465) 24,831
NET INCOME (LOSS) $ 11,392 $ (41,209)
Net income (loss) per common share:    
Basic (in dollars per share) $ 0.94 $ (3.39)
Diluted (in dollars per share) $ 0.94 $ (3.39)
Weighted average common shares outstanding:    
Basic (in shares) 12,166 12,165
Diluted (in shares) 12,166 12,165