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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Drilling services$ 108,764$ 85,667$ 315,043$ 217,580
Production services78,88749,877197,242121,012
Total revenues187,651135,544512,285338,592
Costs and expenses:    
Drilling services72,43059,957213,129164,409
Production services44,39429,196115,37673,688
Depreciation and amortization32,99230,84797,67289,275
General and administrative17,70513,03048,08636,760
Bad debt expense (recovery)322(22)377(104)
Impairment of equipment48404840
Total costs and expenses168,327133,008475,124364,028
Income (loss) from operations19,3242,53637,161(25,436)
Other income (expense):    
Interest expense(6,137)(7,573)(21,659)(18,746)
Other(1,193)845(6,956)1,644
Total other expense(7,330)(6,728)(28,615)(17,102)
Income (loss) before income taxes11,994(4,192)8,546(42,538)
Income tax (expense) benefit(5,250)1,612(4,187)15,269
Net income (loss)$ 6,744$ (2,580)$ 4,359$ (27,269)
Income (loss) per common share - Basic$ 0.11$ (0.05)$ 0.08$ (0.51)
Income (loss) per common share - Diluted$ 0.11$ (0.05)$ 0.08$ (0.51)
Weighted-average number of shares outstanding - Basic59,89853,81156,04553,770
Weighted-average number of shares outstanding - Diluted61,42853,81157,52253,770