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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash $ 14,635 $ 6,287
Accounts receivable    
Oil and natural gas revenues 33,493 25,823
Joint interest billings 9,925 4,785
Other 1,594 1,066
Derivative instruments 22 19
Deferred Tax Assets, Net 4,294 1,636
Lease and well equipment inventory 954 785
Prepaid expenses 2,427 1,771
Total current assets 67,344 42,172
Oil and natural gas properties, full-cost method    
Evaluated 1,278,003 1,090,656
Unproved and unevaluated 277,949 194,306
Other property and equipment 32,219 29,910
Less accumulated depletion, depreciation and amortization (524,822) (468,995)
Net property and equipment 1,063,349 845,877
Other assets    
Derivative instruments 171 173
Other assets 2,577 2,108
Total other assets 2,748 2,281
Total assets 1,133,441 890,330
Current liabilities    
Accounts payable 18,541 25,358
Accrued liabilities 105,129 63,987
Royalties payable 13,687 7,798
Derivative instruments 10,264 2,692
Accrued Income Taxes, Current 3,219 404
Other current liabilities 88 88
Total current liabilities 150,928 100,327
Long-term liabilities    
Borrowings under Credit Agreement 150,000 200,000
Asset retirement obligations 9,723 7,309
Derivative Liability, Noncurrent 1,025 253
Deferred Tax Liabilities, Net, Noncurrent 30,942 10,929
Other long-term liabilities 3,581 2,588
Total long-term liabilities 195,271 221,079
Commitments and contingencies      
Shareholders' equity    
Common stock - $0.01 par value, 80,000,000 shares authorized; 74,657,951 and 66,958,867 shares issued; and 73,327,906 and 65,652,690 shares outstanding, respectively 747 670
Additional paid-in capital 732,587 548,935
Retained deficit 64,673 30,084
Treasury stock, at cost, 1,330,045 and 1,306,177 shares, respectively (10,765) (10,765)
Total shareholders' equity 787,242 568,924
Total liabilities and shareholders' equity $ 1,133,441 $ 890,330