Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2012


	Three Months Ended March 31,
	2012			2011
	(in thousands)
Revenues and other income:
Oil and gas	$	19,592		$	43,531
Interest and other		20			4,935
Gain (loss) on disposition of assets, net (a)		(23	)		649,872

		19,589			698,338

Costs and expenses:
Oil and gas production		790			3,222
Depletion, depreciation and amortization (a)		—			13,692
Exploration and abandonments		84			2,712
General and administrative		1,120			6,815
Accretion of discount on asset retirement obligations (a)		652			692
Interest		(75	)		—
Other		(397	)		1,202

		2,174			28,335

Income from discontinued operations before income taxes		17,415			670,003
Current tax provision		(5,405	)		(13,892	)
Deferred tax provision (a)		(1,315	)		(236,229	)

Income from discontinued operations	$	10,695		$	419,882

(a)	Represents the significant noncash components of discontinued operations.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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