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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 149,426 $ 194,332 $ 96,429
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 344,365 280,020 248,201
Accretion expense 33,331 30,764 34,469
Deferred income tax provision 69,575 129,520 50,474
Settlement of asset retirement obligations (65,567) (63,391) (36,901)
Non-cash stock compensation expense 8,699 5,905 5,692
Excess tax benefits (949) (1,493) (299)
Non-cash derivative income (509) (2,216) (324)
Loss on early extinguishment of debt 1,972 607 1,820
Non-cash interest expense 13,085 1,908 858
Other non-cash (income) expense   (1,602) 979
Change in current income taxes 10,618 (19,451) (10,871)
(Increase) decrease in accounts receivable (55,871) (19,600) 49,633
(Increase) decrease in other current assets (2,836) (66) 74
Decrease in inventory 436 1,619 2,123
Increase (decrease) in accounts payable 5,101 6,039 (773)
Increase (decrease) in other current liabilities (10,426) 29,583 (18,088)
Other 9,299 (1,628) 1,298
Net cash provided by (used in) operating activities 509,749 570,850 424,794
Cash flows from investing activities:      
Investment in oil and gas properties (555,855) (764,933) (401,767)
Proceeds from sale of oil and gas properties, net of expenses 403 87,930 31,635
Sale of fixed assets 134    
Investment in fixed and other assets (13,370) (2,247) (2,949)
Acquisition of non-controlling interest in subsidiary     (1,007)
Net cash used in investing activities (568,688) (679,250) (374,088)
Cash flows from financing activities:      
Proceeds from bank borrowings 25,000 75,000  
Repayments of bank borrowings (70,000) (30,000) (175,000)
Proceeds from issuance of senior convertible notes 300,000    
Deferred financing costs of senior convertible notes (8,855)    
Proceeds from sold warrants 40,170    
Payments for purchased call options (70,830)    
Proceeds from issuance of senior notes 300,000   375,000
Deferred financing costs (11,966) (4,017) (11,474)
Redemption of senior subordinated notes (200,681)   (200,503)
Excess tax benefits 949 1,493 299
Net payments for share based compensation (3,773) (2,581) (1,365)
Net cash provided by (used in) financing activities 300,014 39,895 (13,043)
Net change in cash and cash equivalents 241,075 (68,505) 37,663
Cash and cash equivalents, beginning of year 38,451 106,956 69,293
Cash and cash equivalents, end of year 279,526 38,451 106,956
Cash (paid) refunded during the year for:      
Interest, net of amount capitalized (20,150) (9,808) (8,760)
Income taxes $ (4,405) $ 935 $ (26,525)