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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the acquisition date fair values of the net assets acquired (in thousands):
Oil and gas properties
 
$
192,067

Unevaluated oil and gas properties
 
12,033

Asset retirement obligations
 
(15,319
)
Net assets acquired
 
$
188,781

Pro Forma Financial Information
The following unaudited summary pro forma financial information for the nine month period ended September 30, 2013 has been prepared to give effect to the Gulf of Mexico Acquisition as if it had occurred on January 1, 2012. The pro forma financial information is not necessarily indicative of the results that might have occurred had the transaction taken place on January 1, 2012 and is not intended to be a projection of future results. Future results may vary significantly from the results reflected in the following pro forma financial information because of normal production declines, changes in commodity prices, future acquisitions and divestitures, future development and exploration activities and other factors. Amounts in thousands, except per share amounts.

 
Nine Months Ended
 
September 30, 2013
 
 
Revenues
$
162,494

Income from operations
15,487

Income available to common stockholders
12,107

 
 
Basic earnings per share
0.19

Diluted earnings per share
0.19