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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues        
Crude oil $ 112,090 $ 86,867 $ 217,666 $ 149,925
Natural gas liquids (NGLs) 8,037 7,313 17,410 14,440
Natural gas 16,302 15,554 34,505 27,593
Gain (Loss) on Disposition of Property Plant Equipment (51) 256 56,775 (293)
Other, net 2,983 (335) 2,870 1,188
Total revenues 139,361 109,655 329,226 192,853
Operating expenses        
Lease operating 12,403 8,629 22,807 16,434
Gathering, processing and transportation 3,526 2,980 6,487 6,559
Production and ad valorem taxes 7,510 6,976 14,815 12,935
General and administrative 14,840 15,656 31,528 26,599
Exploration 3,373 7,845 12,009 14,140
Depreciation, depletion and amortization 71,437 64,329 143,624 115,905
Asset Impairment Charges 117,908 0 117,908 0
Total operating expenses 230,997 106,415 349,178 192,572
Operating income (loss) (91,636) 3,240 (19,952) 281
Other income (expense)        
Interest expense (23,229) (21,808) (45,763) (36,287)
Gains (Losses) on Extinguishment of Debt 0 (29,157) 0 (29,157)
Derivatives (42,665) 8,588 (58,327) 827
Other 30 17 31 44
Loss before income taxes (157,500) (39,120) (124,011) (64,292)
Income tax benefit 56,716 13,682 42,452 22,471
Net loss (100,784) (25,438) (81,559) (41,821)
Preferred stock dividends (1,718) (1,725) (3,440) (3,450)
Preferred Stock Conversions, Inducements (3,368) 0 (3,368) 0
Net loss attributable to common shareholders - Diluted $ (105,870) $ (27,163) $ (88,367) $ (45,271)
Net loss per share:        
Basic (in dollars per share) $ (1.59) $ (0.43) $ (1.34) $ (0.77)
Diluted (in dollars per share) $ (1.59) $ (0.43) $ (1.34) $ (0.77)
Weighted average shares outstanding - basic 66,514 62,899 66,065 59,141
Weighted average shares outstanding - diluted 66,514 62,899 66,065 59,141