Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Revenues:
Oil and gas sales	$ 38,980	$ 46,229	$ 122,446	$ 135,631
Net gas gathering revenue	49	45	161	164
Total revenues	39,029	46,274	122,607	135,795
Expenses:
Lease operating expenses	10,376	9,742	30,085	28,457
Production taxes	1,446	361	2,070	3,308
Depreciation, depletion and amortization	14,696	14,739	43,415	43,467
Ceiling test writedown			18,907
General and administrative	4,990	5,581	13,668	15,906
Accretion of asset retirement obligation	433	424	1,612	1,300
Interest expense	2,299	3,147	7,248	7,336
Total expenses	34,240	33,994	117,005	99,774
Gain on legal settlement				12,400
Loss on early extinguishment of debt		(5,973)		(5,973)
Other income (expense)	(40)	218	237	229
Income from operations	4,749	6,525	5,839	42,677
Income tax expense (benefit)	(265)	299	(594)	(1,081)
Net income	5,014	6,226	6,433	43,758
Preferred stock dividend	1,287	1,287	3,854	3,854
Net income available to common stockholders	$ 3,727	$ 4,939	$ 2,579	$ 39,904
Basic
Net income per share	$ 0.06	$ 0.08	$ 0.04	$ 0.63
Diluted
Net income per share	$ 0.06	$ 0.08	$ 0.04	$ 0.63
Weighted average number of common shares:
Basic	62,041	61,446	61,876	61,372
Diluted	62,415	61,814	62,278	61,744