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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net Income (Loss) Attributable to Parent $ (2,176,898) $ 453,202 $ 464,459
Adjustments to reconcile net (Loss) income to cash provided by operating activities:      
Depletion and depreciation 388,985 346,394 241,796
Ceiling test and other impairments 2,972,464 0 0
Deferred and current non-cash income taxes (712,576) 251,206 253,926
Unrealized loss (gain) on commodity derivatives 230,385 (100,383) (208,625)
Excess tax benefit from stock based compensation 4,427 (6,212) (17,522)
Stock compensation 10,756 13,919 12,944
Other 3,667 1,495 734
Net changes in operating assets and liabilities:      
Restricted cash 0 (23) 1,583
Accounts receivable 62,758 (26,910) (31,966)
Prepaid expenses and other 2,066 (1,274) (229)
Other non-current assets 284 0 (1,176)
Accounts payable and accrued liabilities (115,597) 86,079 91,982
Production taxes payable (14,372) 8,735 (7,439)
Interest payable (213) 3,428 14,867
Other long-term obligations (9,031) 433 6,035
Current taxes payable 7,720 3,203 3,359
Net cash provided by operating activities 654,825 1,033,292 824,728
Investing Activities:      
Acquisition of oil and gas properties 0 0 403,806
Oil and gas property expenditures (708,017) (1,435,611) (1,164,389)
Gathering system expenditures (127,149) (83,996) (76,703)
Restricted Cash Non Current 0 0 28,257
Proceeds on sale of subsidiary, net of transaction costs 0 5,821 68,420
Proceeds from sale of liquids gathering system 203,046 0 0
Proceeds from sale of marketable securities 21,235 0 0
Change in capital cost accrual 38,338 125,261 19,826
Inventory (374) 1,595 1,738
Purchase of property, plant and equipment (4,302) (21,865) (2,442)
Net cash used in investing activities (577,223) (1,408,795) (1,529,099)
Financing activities:      
Borrowings on long-term debt 852,000 1,257,000 1,000,000
Payments on long-term debt (918,000) (914,000) (1,260,000)
Proceeds from issuance of Senior Notes 0 0 1,025,000
Deferred financing costs 0 (6,866) (4,425)
Repurchased shares/net share settlements (6,718) (36,298) (23,707)
Excess tax benefit from stock based compensation (4,427) 6,212 17,522
Proceeds from exercise of options 1,157 9,928 6,561
Net cash provided by (used in) financing activities (75,988) 315,976 760,951
(Decrease)/increase in cash during the period 1,614 (59,527) 56,580
Cash and cash equivalents, beginning of period 11,307 70,834 14,254
Cash and cash equivalents, end of period 12,921 11,307 70,834
Cash paid for:      
Interest 101,237 88,964 53,291
Income taxes $ 4,379 $ 7,260 $ 2,537