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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 101,080 $ 5,077
Accounts receivable 173,557 163,190
Refundable income taxes 3,134 8,482
Prepaid expenses and other 32,281 45,522
Derivative asset 28,985 43,491
Deferred income taxes 7,086 8,883
Total current assets 346,123 274,645
Property and equipment (successful efforts method), at cost:    
Land 1,526 1,491
Proved oil and gas properties 3,799,844 3,389,158
Less - accumulated depletion, depreciation, and amortization (1,532,670) (1,326,932)
Unproved oil and gas properties 89,317 94,290
Wells in progress 245,650 145,327
Materials inventory, at lower of cost or market 15,915 22,542
Oil and gas properties held for sale (note 3) 130,077 86,811
Other property and equipment, net of accumulated depreciation of $17,550 in 2011 and $15,480 in 2010 61,831 21,365
Total property and equipment (successful efforts method) 2,811,490 2,434,052
Other noncurrent assets:    
Derivative asset 10,624 18,841
Other noncurrent assets 51,656 16,783
Total other noncurrent assets 62,280 35,624
Total Assets 3,219,893 2,744,321
Current liabilities:    
Accounts payable and accrued expenses 413,048 417,654
Derivative liability 70,100 82,044
Deposit associated with oil and gas properties held for sale   2,355
Total current liabilities 483,148 502,053
Noncurrent liabilities:    
Long-term credit facility   48,000
3.50% Senior Convertible Notes, net of unamortized discount of $7,209 in 2011 and $11,827 in 2010 280,291 275,673
6.625% Senior Notes 350,000  
Asset retirement obligation 72,273 69,052
Asset retirement obligation associated with oil and gas properties held for sale (note 3) 92 2,119
Net Profits Plan liability 133,419 135,850
Deferred income taxes 496,405 443,135
Derivative liability 38,233 32,557
Other noncurrent liabilities 16,866 17,356
Total noncurrent liabilities 1,387,579 1,023,742
Commitments and contingencies (note 7)    
Stockholders' equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued: 63,764,421 shares in 2011 and 63,412,800 shares in 2010; outstanding, net of treasury shares: 63,683,354 shares in 2011 and 63,310,165 shares in 2010 638 634
Additional paid-in capital 215,704 191,674
Treasury stock, at cost: 81,067 shares in 2011 and 102,635 shares in 2010 (1,544) (423)
Retained earnings 1,144,972 1,042,123
Accumulated other comprehensive loss (10,604) (15,482)
Total stockholders' equity 1,349,166 1,218,526
Total Liabilities and Stockholders' Equity $ 3,219,893 $ 2,744,321