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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2013
Long-Term Debt [Abstract]  
Components of long-term debt
                 
    March 31,
2013
    December 31,
2012
 
    (Thousands of dollars)  

Senior Notes dated September 23, 2010, interest only payable semi-annually at 8.625%, maturing October 15, 2018

  $ 300,000     $ 300,000  

Revolving Credit Facility due September 1, 2014 with a group of commercial banks, interest payable at variable rates

    79,155       86,755  
   

 

 

   

 

 

 

Total long-term debt

  $ 379,155     $ 386,755