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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and Cash Equivalents $ 263,737 $ 4,471
Accounts Receivable:    
Oil and gas sales 39,057 35,734
Joint interest operations 23,045 5,608
Marketable Securities   12,312
Assets of Discontinued Operations   7,568
Derivative Financial Instruments 3,524 11,651
Other Current Assets 5,143 5,310
Total current assets 334,506 82,654
Property and Equipment:    
Unevaluated oil and gas properties 74,612 112,851
Oil and gas properties, successful efforts method 3,517,588 3,373,695
Other 18,440 18,628
Accumulated depreciation, depletion and amortization (1,700,831) (1,546,487)
Net property and equipment 1,909,809 1,958,687
Assets of Discontinued Operations   511,366
Other Assets 17,907 19,944
Total Assets 2,262,222 2,572,651
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts Payable 82,679 70,552
Deferred Income Taxes 1,233 5,340
Accrued Liabilities 38,214 37,001
Liabilities of Discontinued Operations   33,280
Total current liabilities 122,126 146,173
Long-term Debt 883,324 1,324,383
Deferred Income Taxes 209,529 149,901
Reserve for Future Abandonment Costs 16,660 16,387
Other Non-Current Liabilities 2,202 2,273
Total liabilities 1,233,841 1,639,117
Commitments and Contingencies      
Stockholders’ Equity:    
Common stock – $0.50 par, 75,000,000 shares authorized, 48,315,612 and 48,408,734 shares outstanding at June 30, 2013 and December 31, 2012, respectively 24,158 24,204
Additional paid-in capital 483,386 480,595
Retained earnings 520,837 424,317
Accumulated other comprehensive income   4,418
Total stockholders’ equity 1,028,381 933,534
Total liabilities and stockholders' equity $ 2,262,222 $ 2,572,651