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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 119,194 $ 5,077
Accounts receivable (Note 2) 210,368 163,190
Refundable income taxes 5,581 8,482
Prepaid expenses and other 68,026 45,522
Derivative asset 55,813 43,491
Deferred income taxes 4,222 8,883
Total current assets 463,204 274,645
Land 1,548 1,491
Proved oil and gas properties 4,378,987 3,389,158
Less - accumulated depletion, depreciation, and amortization (1,766,445) (1,326,932)
Unproved oil and gas properties 120,966 94,290
Wells in progress 273,428 145,327
Materials inventory, at lower of cost or market 16,537 22,542
Other Assets Held-for-sale 246 86,811
Other property and equipment, net of accumulated depreciation of $18,394 in 2011 and $15,480 in 2010 71,369 21,365
Total property and equipment, net 3,096,636 2,434,052
Derivative Instruments and Hedges, Noncurrent 31,062 18,841
Restricted Cash and Cash Equivalents, Noncurrent 124,703 0
Other noncurrent assets 83,375 16,783
Total other noncurrent assets 239,140 35,624
Total Assets 3,798,980 2,744,321
LIABILITIES    
Accounts payable and accrued expenses 456,999 417,654
Derivative liability 42,806 82,044
Deposit associated with oil and gas properties held for sale 6,000 2,355
Total current liabilities 505,805 502,053
Long-term credit facility 0 48,000
3.50% Senior Convertible Notes, net of unamortized discount of $4,861 in 2011 and $11,827 in 2010 285,069 275,673
Senior Notes, 6.625%, Noncurrent 350,000 0
Senior Notes, 6.50%, Noncurrent 350,000 0
Asset retirement obligation 87,167 69,052
Asset retirement obligation associated with oil and gas properties held for sale 1,277 2,119
Net Profits Plan Liability (Note 11)   135,850
Deferred income taxes 568,263 443,135
Derivative Liabilities, Noncurrent 12,875 32,557
Other noncurrent liabilities 67,853 17,356
Total noncurrent liabilities 1,830,235 1,023,742
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued: 64,079,885 shares in 2011 and 63,412,800 shares in 2010; outstanding, net of treasury shares: 63,998,818 shares in 2011 and 63,310,165 shares in 2010 641 634
Additional paid-in capital 216,966 191,674
Treasury stock, at cost: 81,067 shares in 2011 and 102,635 shares in 2010 (1,544) (423)
Retained earnings 1,251,157 1,042,123
Accumulated other comprehensive loss (4,280) (15,482)
Total stockholders' equity 1,462,940 1,218,526
Total Liabilities and Stockholders' Equity $ 3,798,980 $ 2,744,321