Property and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

The following table summarizes our property and equipment as of the dates presented:



	As of
	June 30,			December 31,
	2013			2012
Oil and gas properties:
Proved	$	2,774,854		$	2,277,811
Unproved	172,684			60,746
Total oil and gas properties	2,947,538			2,338,557
Other property and equipment	103,251			93,648
Total property and equipment	3,050,789			2,432,205
Accumulated depreciation, depletion and amortization	(816,533		)	(708,846		)
	$	2,234,256		$	1,723,359

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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