DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2012

Components of Discontinued Operations

The following table represents the components of our Barnett Shale operations as discontinued operations for the three months and the nine months ended September 30, 2011 (in thousands).

	Three  Months Ended September 30, 2011			Nine Months Ended September 30, 2011
Revenues and other income:
Natural gas, NGLs and oil sales	$	1,673		$	58,997
Other		—			10
Gain on the sale of assets		1,032			4,852
Total revenues and other income		2,705			63,859
Costs and expenses:
Direct operating		(611	)		9,835
Transportation, gathering and compression		950			5,240
Production and ad valorem taxes		(44	)		1,206
Exploration expense		—			37
Interest expense (a)		—			14,791
Depletion, depreciation and amortization		—			8,894
Total costs and expenses		295			40,003
Income before income taxes		2,410			23,856
Income tax expense
Current		—			—
Deferred		841			8,372
		841			8,372
Net income from discontinued operations	$	1,569		$	15,484

^(a) Interest expense is allocated to discontinued operations based on the ratio of net assets of discontinued operations to our consolidated net assets plus long-term debt.

Composition of Liabilities of Discontinued Operations

The carrying values of our Barnett operations were included in discontinued operations in the accompanying consolidated balance sheets, which is comprised of the following (in thousands):

	December 31, 2011
Composition of liabilities of discontinued operations:
Accrued liabilities	$	653
Total current liabilities of discontinued operations	$	653