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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 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
REVENUES        
Oil and gas sales $ 107,480 $ 104,004 $ 331,369 $ 296,146
Midstream services 1,883 1,146 5,336 3,373
Drilling rig services 7,066 4,044 22,438 12,896
Other operating revenues 2,854 1,971 14,640 4,533
Total revenues 119,283 111,165 373,783 316,948
COSTS AND EXPENSES        
Production 25,927 25,651 77,006 83,254
Exploration:        
Abandonments and impairments 2,026 609 8,752 2,980
Seismic and other 247 177 1,955 3,541
Midstream services 624 392 1,648 1,318
Drilling rig services 4,630 3,239 14,968 12,704
Depreciation, depletion and amortization 37,037 34,928 112,242 109,863
Impairment of property and equipment 0 709 3,406 89,811
Accretion of asset retirement obligations 936 1,049 2,723 3,169
General and administrative 811 10,030 33,980 20,401
Other operating expenses 1,480 463 2,220 1,869
Total costs and expenses 73,718 77,247 258,900 328,910
Operating income (loss) 45,565 33,918 114,883 (11,962)
OTHER INCOME (EXPENSE)        
Interest expense (12,609) (9,262) (37,975) (30,106)
Gain (loss) on derivatives 9,650 (8,278) (3,715) (9,919)
Other 385 474 2,274 2,007
Total other income (expense) (2,574) (17,066) (39,416) (38,018)
Income (loss) before income taxes 42,991 16,852 75,467 (49,980)
Income tax (expense) benefit (15,562) (5,901) (27,319) 18,693
NET INCOME (LOSS) $ 27,429 $ 10,951 $ 48,148 $ (31,287)
Net income (loss) per common share:        
Basic (in dollars per share) $ 2.25 $ 0.90 $ 3.96 $ (2.57)
Diluted (in dollars per share) $ 2.25 $ 0.90 $ 3.96 $ (2.57)
Weighted average common shares outstanding:        
Basic (in shares) 12,166 12,165 12,166 12,165
Diluted (in shares) 12,166 12,165 12,166 12,165