Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2012

Asset Retirement Obligations

Schedule of changes in the Company's ARO's

The following table reflects the changes in the Company’s ARO’s for the nine months ended September 30, 2012 (in thousands):

Asset retirement obligations at January 1, 2012	$	7,627
Liabilities incurred	2,525
Revisions	1,189
Liabilities settled	—
Current period accretion expense	463
Asset retirement obligations at September 30, 2012	$	11,804