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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 30,826 $ 26,623
Accounts receivable:    
Oil and gas sales 41,014 39,268
Joint interest and other, net of allowance for doubtful accounts of $1,204 and $1,184 at September 30, 2014 and December 31, 2013 16,593 17,121
Affiliates 480 264
Inventory 32,447 39,183
Deferred income taxes 4,088 7,581
Fair value of derivatives 3,372 2,518
Prepaids and other 6,650 5,753
TOTAL CURRENT ASSETS 135,470 138,311
PROPERTY AND EQUIPMENT    
Oil and gas properties, successful efforts method 2,576,901 2,403,277
Pipelines and other midstream facilities 58,333 54,800
Contract drilling equipment 116,264 96,270
Other 21,084 20,620
PROPERTY AND EQUIPMENT, GROSS 2,772,582 2,574,967
Less accumulated depreciation, depletion and amortization (1,487,411) (1,375,860)
Property and equipment, net 1,285,171 1,199,107
Debt issue costs, net    
Debt issue costs, net 12,991 12,785
Investments and other 16,914 16,534
TOTAL OTHER ASSETS 29,905 29,319
Total assets 1,450,546 1,366,737
Accounts payable:    
Trade 75,335 75,872
Oil and gas sales 45,552 37,834
Affiliates 891 874
Fair value of derivatives 0 208
Accrued liabilities and other 34,426 21,607
TOTAL CURRENT LIABILITIES 156,204 136,395
NON-CURRENT LIABILITIES    
Long-term debt 631,682 639,638
Deferred income taxes 164,635 140,809
Asset retirement obligations 45,223 49,981
Deferred revenue from volumetric production payment 24,725 29,770
Accrued compensation under non-equity award plans 25,064 15,469
Other 952 892
TOTAL NON-CURRENT LIABILITIES 892,281 876,559
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 — 12,169,536 and 12,165,536 shares at September 30, 2014 and December 31, 2013 1,216 1,216
Additional paid-in capital 152,686 152,556
Retained earnings 248,159 200,011
TOTAL STOCKHOLDERS' EQUITY 402,061 353,783
Total liabilities and equity $ 1,450,546 $ 1,366,737