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CONDENSED CONSOLIDATED STATEMENT OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating revenue:    
Oil production $ 138,289 $ 186,925
Gas production 56,362 36,822
Natural gas liquids production 27,970 9,178
Other operational income 1,209 807
Total operating revenue 223,830 233,732
Operating expenses:    
Lease operating expenses 46,903 53,044
Transportation, processing and gathering expenses 14,626 5,397
Production taxes 3,062 2,089
Depreciation, depletion and amortization 82,646 75,435
Accretion expense 7,555 8,263
Salaries, general and administrative expenses 16,329 13,952
Incentive compensation expense 3,134 1,431
Other operational expenses 424 72
Derivative expense, net 599 1,221
Total operating expenses 175,278 160,904
Income from operations 48,552 72,828
Other (income) expenses:    
Interest expense 8,357 9,635
Interest income (143) (117)
Other income (707) (726)
Total other (income) expenses 7,507 8,792
Income before income taxes 41,045 64,036
Provision (benefit) for income taxes:    
Current   (3,746)
Deferred 15,102 27,024
Total income taxes 15,102 23,278
Net income $ 25,943 $ 40,758
Basic earnings per share $ 0.52 $ 0.82
Diluted earnings per share $ 0.52 $ 0.82
Average shares outstanding 49,013 48,619
Average shares outstanding assuming dilution 49,062 48,657