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Condensed Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Dec. 31, 2010
Current assets:        
Cash and cash equivalents $ 223,849 $ 38,451 $ 82,021 $ 106,956
Accounts receivable 148,934 118,139    
Fair value of hedging contracts 61,203 25,177    
Current income tax receivable 24,353 19,946    
Deferred taxes 7,474 26,072    
Inventory 4,607 4,643    
Other current assets 914 791    
Total current assets 471,334 233,219    
Oil and gas properties, full cost method of accounting:        
Proved 6,927,917 6,648,168    
Less: accumulated depreciation, depletion and amortization (5,339,251) (5,174,729)    
Net proved oil and gas properties 1,588,666 1,473,439    
Unevaluated 435,384 401,609    
Other property and equipment, net 11,910 11,172    
Fair value of hedging contracts 41,981 22,543    
Other assets, net 33,955 23,769    
Total assets 2,583,230 2,165,751    
Current liabilities:        
Accounts payable to vendors 143,389 102,946    
Undistributed oil and gas proceeds 27,248 27,328    
Accrued interest 15,735 14,059    
Fair value of hedging contracts   11,122    
Asset retirement obligations 75,493 62,676    
Other current liabilities 9,470 28,370    
Total current liabilities 271,335 246,501    
Long-term debt 808,050 620,000    
Deferred taxes 298,551 247,835    
Asset retirement obligations 351,785 363,103    
Fair value of hedging contracts 366 815    
Other long-term liabilities 20,651 19,668    
Total liabilities 1,750,738 1,497,922    
Commitments and contingencies          
Stockholders' equity:        
Common stock, $.01 par value; authorized 100,000,000 shares; issued 48,331,956 and 48,076,860 shares, respectively 483 481    
Treasury stock (16,582 shares, at cost) (860) (860)    
Additional paid-in capital 1,380,568 1,338,565    
Accumulated deficit (610,704) (692,225)    
Accumulated other comprehensive income 63,005 21,868    
Total stockholders' equity 832,492 667,829    
Total liabilities and stockholders' equity $ 2,583,230 $ 2,165,751