XML 22 R43.htm IDEA: XBRL DOCUMENT  v2.3.0.11
GEOGRAPHICAL SEGMENTS (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
GEOGRAPHICAL SEGMENTS          
Number of industry segments 1   1    
Number of reportable geographical segments     3    
Segment Reporting Information          
Oil, natural gas, and natural gas liquids sales $ 237,848,000 $ 207,954,000 $ 440,419,000 $ 429,683,000  
Costs and expenses:          
Lease operating expenses 32,463,000 28,422,000 64,320,000 57,524,000  
Production and property taxes 13,278,000 12,487,000 25,487,000 23,915,000  
Transportation and processing costs 7,805,000 6,020,000 15,081,000 10,879,000  
Depletion 71,146,000 60,135,000 136,545,000 109,762,000  
Accretion of asset retirement obligations 1,787,000 1,909,000 3,511,000 3,748,000  
Segment earnings (loss) 111,369,000 98,981,000 195,475,000 223,855,000  
Capital expenditures 358,428,000 217,501,000 626,666,000 492,752,000  
Goodwill 257,386,000 255,696,000 257,386,000 255,696,000 256,842,000
Long-lived assets 3,107,670,000 2,517,620,000 3,107,670,000 2,517,620,000  
TOTAL ASSETS 4,377,713,000 3,650,776,000 4,377,713,000 3,650,776,000 3,785,388,000
Changes in estimated discounted asset retirement obligations 1,800,000 6,800,000 1,900,000 (2,800,000)  
Reconciliation of segment earnings to consolidated earnings before income taxes          
Segment earnings 111,369,000 98,981,000 195,475,000 223,855,000  
Interest and other income 286,000 141,000 850,000 277,000  
General and administrative expense (15,737,000) (17,781,000) (34,771,000) (36,534,000)  
Depreciation and amortization expense (2,176,000) (2,311,000) (4,340,000) (4,996,000)  
Interest expense (38,842,000) (37,109,000) (76,722,000) (75,152,000)  
Realized and unrealized losses on derivative instruments, net 46,047,000 25,031,000 9,801,000 118,242,000  
Other, net (10,265,000) (12,640,000) (4,658,000) (2,807,000)  
Earnings before income taxes 90,682,000 54,312,000 85,635,000 222,885,000  
United States
         
Segment Reporting Information          
Oil, natural gas, and natural gas liquids sales 186,593,000 169,699,000 352,903,000 354,021,000  
Costs and expenses:          
Lease operating expenses 23,483,000 22,479,000 47,113,000 45,947,000  
Production and property taxes 12,655,000 11,862,000 24,261,000 22,668,000  
Transportation and processing costs 3,415,000 3,271,000 7,066,000 5,926,000  
Depletion 50,545,000 43,919,000 97,349,000 80,430,000  
Accretion of asset retirement obligations 1,480,000 1,627,000 2,903,000 3,176,000  
Segment earnings (loss) 95,015,000 86,541,000 174,211,000 195,874,000  
Capital expenditures 246,289,000 164,270,000 436,067,000 330,766,000  
Goodwill 239,420,000 239,420,000 239,420,000 239,420,000  
Long-lived assets 2,196,410,000 1,879,893,000 2,196,410,000 1,879,893,000  
TOTAL ASSETS 3,387,568,000 2,938,736,000 3,387,568,000 2,938,736,000  
Reconciliation of segment earnings to consolidated earnings before income taxes          
Segment earnings 95,015,000 86,541,000 174,211,000 195,874,000  
Canada
         
Segment Reporting Information          
Oil, natural gas, and natural gas liquids sales 51,255,000 38,255,000 87,516,000 75,662,000  
Costs and expenses:          
Lease operating expenses 8,980,000 5,943,000 17,207,000 11,577,000  
Production and property taxes 623,000 625,000 1,226,000 1,247,000  
Transportation and processing costs 4,390,000 2,749,000 8,015,000 4,953,000  
Depletion 20,601,000 16,216,000 39,196,000 29,332,000  
Accretion of asset retirement obligations 279,000 258,000 554,000 523,000  
Segment earnings (loss) 16,382,000 12,464,000 21,318,000 28,030,000  
Capital expenditures 108,724,000 52,240,000 186,667,000 159,881,000  
Goodwill 17,966,000 16,276,000 17,966,000 16,276,000  
Long-lived assets 815,794,000 548,632,000 815,794,000 548,632,000  
TOTAL ASSETS 893,797,000 622,162,000 893,797,000 622,162,000  
Reconciliation of segment earnings to consolidated earnings before income taxes          
Segment earnings 16,382,000 12,464,000 21,318,000 28,030,000  
International
         
Costs and expenses:          
Accretion of asset retirement obligations 28,000 24,000 54,000 49,000  
Segment earnings (loss) (28,000) (24,000) (54,000) (49,000)  
Capital expenditures 3,415,000 991,000 3,932,000 2,105,000  
Long-lived assets 95,466,000 89,095,000 95,466,000 89,095,000  
TOTAL ASSETS 96,348,000 89,878,000 96,348,000 89,878,000  
Reconciliation of segment earnings to consolidated earnings before income taxes          
Segment earnings $ (28,000) $ (24,000) $ (54,000) $ (49,000)