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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues      
Crude oil $ 347,407 $ 229,572 $ 119,582
Natural gas liquids (NGLs) 30,748 31,051 43,394
Natural gas 52,538 49,861 137,070
Gain (loss) on sales of property and equipment, net (266) 4,282 3,570
Other 1,041 2,383 2,389
Total revenues 431,468 317,149 306,005
Operating expenses      
Lease operating 35,461 31,266 36,988
Gathering, processing and transportation 12,839 14,196 15,157
Production and ad valorem taxes 22,404 10,634 13,690
General and administrative 53,998 45,900 48,328
Exploration 20,994 34,092 78,943
Depreciation, depletion and amortization 245,594 206,336 162,534
Impairments 132,224 104,484 104,688
Loss on firm transportation commitment 0 17,332 0
Other 0 0 1,096
Total operating expenses 523,514 464,240 461,424
Operating loss (92,046) (147,091) (155,419)
Other income (expense)      
Interest expense (78,841) (59,339) (56,216)
Loss on extinguishment of debt (29,174) (3,164) (25,421)
Derivatives (20,852) 36,187 15,651
Other 147 116 335
Loss before income taxes (220,766) (173,291) (221,070)
Income tax benefit 77,696 68,702 88,155
Net loss (143,070) (104,589) (132,915)
Preferred stock dividends (6,900) (1,687) 0
Net loss attributable to common shareholders $ (149,970) $ (106,276) $ (132,915)
Net loss per share:      
Net loss (in dollars per share) $ (2.41) $ (2.22) $ (2.90)
Net loss (in dollars per share) $ (2.41) $ (2.22) $ (2.90)
Weighted average shares outstanding - basic 62,335 47,919 45,784
Weighted average shares outstanding - diluted 62,335 47,919 45,784