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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 91,901 $ 213,447
Short-term investments 0 25,891
Accounts receivable — oil and gas revenues 175,653 110,341
Accounts receivable — joint interest partners 139,459 99,194
Inventory 20,652 20,707
Prepaid expenses 10,191 1,770
Advances to joint interest partners 760 1,985
Derivative instruments 2,264 19,016
Deferred income taxes 6,335 0
Other current assets 391 335
Total current assets 447,606 492,686
Property, plant and equipment    
Oil and gas properties (successful efforts method) 4,528,958 2,348,128
Other property and equipment 188,468 49,732
Less: accumulated depreciation, depletion, amortization and impairment (637,676) (391,260)
Total property, plant and equipment, net 4,079,750 2,006,600
Assets held for sale 137,066 0
Derivative instruments 1,333 4,981
Deferred costs and other assets 46,169 24,527
Total assets 4,711,924 2,528,794
Current liabilities    
Accounts payable 8,920 12,491
Advances from joint interest partners 12,829 21,176
Revenues and production taxes payable 146,741 71,553
Accrued liabilities 241,830 189,863
Accrued interest payable 47,910 30,096
Derivative instruments 8,188 1,048
Deferred income taxes 0 4,558
Total current liabilities 466,418 330,785
Long-term debt 2,535,570 1,200,000
Asset retirement obligations 35,918 22,956
Derivative instruments 139 380
Deferred income taxes 323,147 177,671
Other liabilities 2,183 1,997
Total liabilities 3,363,375 1,733,789
Commitments and contingencies (Note 17)      
Stockholders’ equity    
Common stock, $0.01 par value; 300,000,000 shares authorized; 100,866,589 shares and 93,432,712 shares issued at December 31, 2013 and 2012, respectively 996 925
Treasury stock, at cost; 167,155 shares and 129,414 shares at December 31, 2013 and 2012, respectively (5,362) (3,796)
Additional paid-in-capital 985,023 657,943
Retained earnings 367,892 139,933
Total stockholders’ equity 1,348,549 795,005
Total liabilities and stockholders’ equity $ 4,711,924 $ 2,528,794