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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 (loss) income $ (33,261) $ (10,309) $ 6,377
Adjustments to reconcile net (loss) income to net cash provided by operating activities      
Unrealized loss (gain) on derivatives 4,802 (5,138) (3,139)
Depletion, depreciation and amortization 80,454 31,754 15,596
Accretion of asset retirement obligations 256 209 155
Full-cost ceiling impairment 63,475 35,673 0
Stock option and grant expense (589) 2,362 824
Restricted stock grants 729 44 74
Deferred income tax (benefit) provision (1,430) (5,475) 4,932
Loss on asset sales and inventory impairment 485 154 224
Changes in operating assets and liabilities      
Accounts receivable (16,342) (1,523) (386)
Lease and well equipment inventory 50 22 (8)
Prepaid expenses 50 650 (580)
Other assets (673) (814) 33
Accounts payable, accrued liabilities and other current liabilities 19,740 13,497 2,488
Royalties payable 4,685 873 309
Advances from joint interest owners 1,515 (723) 273
Other long-term liabilities 282 613 101
Net cash provided by operating activities 124,228 61,868 27,273
Investing activities      
Oil and natural gas properties capital expenditures (300,689) (156,431) (159,050)
Expenditures for other property and equipment (7,332) (4,671) (1,610)
Purchases of certificates of deposit (496) (4,298) (3,739)
Sales of certificates of deposit. 1,601 5,312 17,065
Net cash used in investing activities (306,916) (160,088) (147,334)
Financing activities      
Repayments of borrowings under Credit Agreement (123,000) (103,000)  
Borrowings under Credit Agreement 160,000 191,000 25,000
Proceeds from issuance of common stock 146,510 592 20,652
Swing sale profit contribution 24    
Cost to issue equity (11,599) (1,710) (172)
Proceeds from stock options exercised 2,660 837 1,978
Payment of dividends - Class B (96) (275) (275)
Purchases of treasury stock     (10,292)
Net cash provided by financing activities 174,499 87,444 36,891
Decrease in cash and cash equivalents (8,189) (10,776) (83,170)
Cash and cash equivalents at beginning of year 10,284 21,060 104,230
Cash and cash equivalents at end of year $ 2,095 $ 10,284 $ 21,060