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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income (loss) $ 19,225 $ (16,383)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 72,187 51,576
Accretion of firm transportation obligation 354 207
Derivative contracts:    
Net losses 15,662 7,761
Cash settlements, net (3,057) 3,557
Deferred income tax expense (benefit) 14,064 (8,789)
(Gain) loss on sales of assets, net (56,826) 549
Non-cash exploration expense 3,294 5,262
Non-cash interest expense 1,012 946
Share-based compensation (equity-classified) 825 1,085
Other, net 206 81
Changes in operating assets and liabilities (386) (237)
Net cash provided by operating activities 66,560 45,615
Cash flows from investing activities    
Capital expenditures - property and equipment (159,804) (85,973)
Proceeds from sales of assets, net 95,964 878
Net cash used in investing activities (63,840) (85,095)
Cash flows from financing activities    
Proceeds from revolving credit facility borrowings 85,000 38,000
Repayment of revolving credit facility borrowings (101,000) 0
Dividends paid on preferred stock (1,725) (1,687)
Other, net 1,085 (61)
Net cash (used in) provided by financing activities (16,640) 36,252
Net decrease in cash and cash equivalents (13,920) (3,228)
Cash and cash equivalents - beginning of period 23,474 17,650
Cash and cash equivalents - end of period 9,554 14,422
Cash paid for:    
Interest 1,025 340
Income taxes (net of refunds received) $ 0 $ 0