XML 61 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2011
Business Combinations [Abstract]  
Consideration paid to sellers and recognized amounts of identifiable assets acquired and liabilities assumed
 
(in thousands)
Consideration paid to sellers:
 
Cash consideration
$
128,398

Recognized amounts of identifiable assets acquired and liabilities assumed:
 
Proved developed and undeveloped properties
128,697

Asset retirement obligation
(119
)
Other liabilities assumed
(180
)
Total identifiable net assets
$
128,398

 
(in thousands)
Consideration paid to sellers:
 
Cash consideration
$
327,032

Recognized amounts of identifiable assets acquired and liabilities assumed:
 
Proved developed and undeveloped properties
332,214

Other assets acquired
342

Asset retirement obligation
(3,498
)
Deferred income tax liability
(647
)
Other liabilities assumed
(333
)
Total identifiable net assets
$
328,078

Schedule of Earnings from discontinued operations, net of tax on the accompanying Statement of Operations

 
Year Ended December 31, 2009
Sales of oil and natural gas(1)
$
11,555

Loss on sale of asset
(908
)
Other revenue
623

Total revenues
11,270

Realized and unrealized (gain) on derivatives, net
(13,786
)
Other expenses(2)
15,799

Total expenses
2,013

Earnings from discontinued operations, before income taxes
9,257

Provision for income taxes
2,451

Net earnings from discontinued operations
$
6,806

________________________________________