Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Property and Equipment

Schedule of property and equipment

The Company's property and equipment as of December 31, 2013 and 2012 was as follows (in thousands):

	December 31, 2013			December 31, 2012
	(in thousands)
Oil and gas properties, on the basis of full-cost accounting:
Proved properties	$	2,817,062		$	1,522,723
Unevaluated properties		243,599			313,941
Other property and equipment		11,113			5,038
Less accumulated depreciation, depletion, amortization and impairment		(976,880	)		(274,294	)
Net property and equipment	$	2,094,894		$	1,567,408