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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH PROVIDED BY OPERATIONS:    
Net earnings $ 20,224 $ 18,198
Adjustments to reconcile net earnings to net cash from operating activities -    
Depreciation, depletion and amortization 14,639 11,370
Property sale (gains) losses (4,364) (4,035)
Dry hole costs incurred 43 1,165
Impairment of oil and gas properties 878 1,208
Provision for doubtful accounts (49) 750
Deferred income taxes 3,728 8,703
Net change in fair value contracts 2,555 2,728
Decrease (increase) in accounts receivable 34,740 773
Decrease (increase) in inventories (7,516) (3,824)
Decrease (increase) in income tax receivable 417 2,554
Decrease (increase) in prepayments 1,480 (1,987)
Increase (decrease) in accounts payable (22,797) 15,296
Increase (decrease) in accrued liabilities 6,870 4,680
Other changes, net 394 (137)
Net cash provided by operating activities 51,242 57,442
INVESTING ACTIVITIES:    
Property and equipment additions (43,129) (41,206)
Insurance and state collateral (deposits) refunds 268 (308)
Proceeds from property sales 3,061 8,032
Proceeds from discontinued operations 3,546 0
Investment in marketable securities 0 7,666
Redemption of marketable securities 0 (11,098)
Net cash (used in) investing activities (36,254) (36,914)
Increase (decrease) in cash and cash equivalents 14,988 20,528
Cash and cash equivalents at beginning of period 37,066 29,032
Cash and cash equivalents at end of period $ 52,054 $ 49,560