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CONDENSED CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 309,987 $ 23,400
Restricted cash 0 28,094
Accounts receivable, net 191,270 222,476
Inventories 13,731 17,468
Deferred income taxes 53,725 81,855
Other current assets 19,233 5,606
Total current assets 587,946 378,899
Properties and equipment, net (Successful efforts method) 5,130,213 4,546,227
Equity method investments 57,495 26,892
Other assets 31,610 29,062
TOTAL ASSETS 5,807,264 4,981,080
Current liabilities    
Accounts payable 379,787 288,801
Accrued liabilities 44,843 87,513
Income taxes payable 8,161 31,591
Total current liabilities 432,791 407,905
Postretirement benefits 35,936 33,554
Long-term debt 1,612,000 1,147,000
Deferred income taxes 1,208,036 1,067,912
Asset retirement obligation 114,241 73,853
Other liabilities 37,789 46,254
Total liabilities 3,440,793 2,776,478
Commitments and contingencies      
Stockholders’ equity    
Common stock: Authorized -- 960,000,000 and 480,000,000 shares of $0.10 par value in 2014 and 2013, respectively Issued--422,912,560 and 422,014,681 shares in 2014 and 2013, respectively 42,291 42,201
Additional paid-in capital 713,087 710,940
Retained earnings 1,929,026 1,627,805
Accumulated other comprehensive income (loss) (19,199) (8,361)
Less treasury stock, at cost: 9,638,980 and 5,618,166 shares in 2014 and 2013, respectively (298,734) (167,983)
Total stockholders’ equity 2,366,471 2,204,602
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,807,264 $ 4,981,080