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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Consolidated Statements of Cash Flows [Abstract]  
Net income (loss)$ 9,081$ (21,154)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:  
Depreciation, depletion and amortization1,6681,106
Accretion expense3439
Amortization of bank fees289121
Property impairment0515
Stock compensation711703
Foreign exchange (gains) losses(10,298)22,923
Common stock issued for services712635
Increase (decrease) from changes in working capital items:  
Receivables(12,053)743
Inventory1(9)
Other current assets114235
Accounts payable and accrued liabilities4,037(832)
Net cash provided by (used in) operating activities(5,704)5,025
Cash flows from investing activities:  
Additions to oil and gas properties(10,593)(901)
Additions to other property and equipment(775)(543)
Net cash used in investing activities(11,368)(1,444)
Cash flows from financing activities:  
Proceeds from stock option exercises1280
Proceeds from common stock offering, net45,0420
Payments made on credit facility(35,000)0
Net cash provided by in financing activities10,1700
Effect of exchange-rate changes on cash652(737)
Net increase (decrease) in cash(6,250)2,844
Cash and cash equivalents at beginning of year19,7404,225
Cash and cash equivalents at end of period$ 13,490$ 7,069