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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net earnings (loss) $ (543,846) $ 35,644
Less: net earnings from discontinued operations 0 16,461
Net earnings (loss) from continuing operations (543,846) 19,183
Adjustments to reconcile net earnings (loss) from continuing operations to net cash provided by operating activities of continuing operations:    
Depreciation, depletion, and amortization 139,957 100,904
Deferred income tax 167,880 13,340
Unrealized (gains) losses on derivative instruments, net (5,423) 14,010
Ceiling test write-down of oil and natural gas properties 383,793 0
Stock-based compensation expense 9,257 8,077
Accretion of asset retirement obligations 3,195 2,957
Other, net 4,638 4,059
Changes in operating assets and liabilities:    
Accounts receivable 19,077 32,941
Other current assets 2,305 10,441
Accounts payable and accrued liabilities (20,601) (8,623)
Accrued interest and other current liabilities 16,192 (3,640)
Net cash provided by operating activities of continuing operations 176,424 193,649
Capital expenditures for property and equipment:    
Exploration, development, and leasehold acquisition costs (395,781) (374,638)
Other fixed assets (4,910) (3,559)
Proceeds from sales of assets 1,102 120,634
Net cash used by investing activities of continuing operations (399,589) (257,563)
Financing activities:    
Proceeds from bank borrowings 443,000 12,000
Repayments of bank borrowings (200,000) (12,000)
Payment of debt issue costs 0 (7,924)
Change in bank overdrafts (20,666) 14,353
Other, net (1,501) (4,488)
Net cash provided by financing activities of continuing operations 220,833 1,941
Cash flows of discontinued operations:    
Operating cash flows 0 57,234
Investing cash flows 0 (205,274)
Financing cash flows 0 474,367
Net cash provided by discontinued operations 0 326,327
Effect of exchange rate changes on cash 0 (3,350)
Net (decrease) increase in cash and cash equivalents (2,332) 261,004
Net increase in cash and cash equivalents of discontinued operations 0 (4,434)
Net (decrease) increase in cash and cash equivalents of continuing operations (2,332) 256,570
Cash and cash equivalents of continuing operations at beginning of period 3,012 217,569
Cash and cash equivalents of continuing operations at end of period 680 474,139
Cash paid by continuing operations during the period for:    
Interest (net of capitalized amounts) 61,622 70,807
Income taxes (net of refunded amounts) 915 31,029
Non-cash investing activities of continuing operations:    
Increase in accrued capital expenditures 5,672 59,520
Increase in asset retirement costs 2,453 921
Common stock issued for acquisition of unproved oil and natural gas properties $ 36,431 $ 0