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Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 38,451 $ 106,956
Restricted cash 0 5,500
Accounts receivable 118,139 88,529
Fair value of hedging contracts 25,177 12,955
Current income tax receivable 19,946 0
Deferred taxes 26,072 27,274
Inventory 4,643 6,465
Other current assets 791 768
Total current assets 233,219 248,447
Oil and gas properties, full cost method of accounting:    
Proved 6,648,168 5,789,578
Less: accumulated depreciation, depletion and amortization (5,174,729) (4,804,949)
Net proved oil and gas properties 1,473,439 984,629
Unevaluated 401,609 413,180
Other property and equipment, net of accumulated depreciation of $24263, and $22,467, respectively 11,172 10,722
Fair value of hedging contracts 22,543 0
Other assets, net of accumulated depreciation and amortization of $5,911 and $11,277, respectively 23,769 22,112
Total assets 2,165,751 1,679,090
Current liabilities:    
Accounts payable to vendors 102,946 103,208
Undistributed oil and gas proceeds 27,328 10,037
Accrued interest 14,059 14,062
Fair value of hedging contracts 11,122 32,144
Asset retirement obligations 62,676 42,300
Current income tax payable 0 239
Other current liabilities 28,370 16,075
Total current liabilities 246,501 218,065
Long-term debt 620,000 575,000
Deferred taxes 247,835 99,227
Asset retirement obligations 363,103 331,620
Fair value of hedging contracts 815 3,606
Other long-term liabilities 19,668 21,215
Total liabilities 1,497,922 1,248,733
Commitments and contingencies      
Stockholders' equity:    
Common stock, $.01 par value; authorized 100,000,000 shares; issued 48,076,860 and 47,764,505 shares, respectively 481 478
Treasury stock (16,582 shares, respectively, at cost) (860) (860)
Additional paid-in capital 1,338,565 1,331,500
Accumulated deficit (692,225) (886,557)
Accumulated other comprehensive income (loss) 21,868 (14,204)
Total stockholders' equity 667,829 430,357
Total liabilities and stockholders' equity $ 2,165,751 $ 1,679,090