XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Jun. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
Dec. 31, 2011
Current assets:          
Cash and cash equivalents $ 243,075   $ 279,526 $ 176,186 $ 38,451
Accounts receivable 189,565   167,288    
Fair value of hedging contracts 14,423   39,655    
Current income tax receivable 10,893   10,027    
Deferred taxes 26,350 [1]   15,514 [1]    
Inventory 3,843   4,207    
Other current assets 1,439   3,626    
Total current assets 489,588   519,843    
Oil and gas properties, full cost method of accounting:          
Proved 7,589,153   7,244,466    
Less: accumulated depreciation, depletion and amortization (5,762,937)   (5,510,166)    
Net proved oil and gas properties 1,826,216   1,734,300    
Unevaluated 576,395   447,795    
Other property and equipment, net 23,965   22,115    
Fair value of hedging contracts 5,114   9,199    
Other assets, net 49,148   43,179    
Total assets 2,970,426   2,776,431    
Current liabilities:          
Accounts payable to vendors 104,486   94,361    
Undistributed oil and gas proceeds 42,913   23,414    
Accrued interest 14,272   18,546    
Fair value of hedging contracts 8,261   149    
Asset retirement obligations 60,938   66,260    
Other current liabilities 21,680   16,765    
Total current liabilities 252,550   219,495    
Long-term debt 923,745   914,126    
Deferred taxes 387,033 [1]   310,830 [1]    
Asset retirement obligations 407,712   422,042    
Fair value of hedging contracts 360   1,530    
Other long-term liabilities 26,463   36,275    
Total liabilities 1,997,863   1,904,298    
Commitments and contingencies            
Stockholders' equity:          
Common stock, $.01 par value; authorized 100,000,000 shares; issued 48,750,533 and 48,392,552 shares, respectively 488   484    
Treasury stock (16,582 shares, at cost) (860)   (860)    
Additional paid-in capital 1,393,439   1,386,475    
Accumulated deficit (426,917)   (542,799)    
Accumulated other comprehensive income 6,413 24,500 28,833    
Total stockholders' equity 972,563   872,133    
Total liabilities and stockholders' equity $ 2,970,426   $ 2,776,431    
[1] Deferred income taxes have been allocated to the Guarantor Subsidiary where related oil and gas properties reside.