ACQUISITIONS AND DIVESTITURES (Tables)

12 Months Ended

Dec. 31, 2012

Allocation of Recorded Value of Net Assets Acquired in Transaction

The following represents the allocation of the recorded value of net assets acquired in the transaction.

Proved oil and gas properties	$	39,221
Unevaluated oil and gas properties		1,637
Asset retirement obligations		(14,460	)
Total fair value of net assets	$	26,398

Proved oil and gas properties	$	208,680
Unevaluated oil and gas properties		17,314
Asset retirement obligations		(58,363	)
Total fair value of net assets	$	167,631

Pro Forma Combined Statement of Operations Data

Future results may vary significantly from the results reflected in the following pro forma financial information because of normal production declines, changes in commodity prices, future acquisitions and divestitures, future development and exploration activities and other factors.

	Year Ended December 31, 2011
	(Unaudited)
Revenues	$	1,007,376
Income from operations		392,054
Net income		242,118
Basic earnings per share	$	4.95
Diluted earnings per share	$	4.95