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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 117,634 $ 149,426 $ 194,332
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 350,574 344,365 280,020
Accretion expense 33,575 33,331 30,764
Deferred income tax provision 79,629 69,575 129,520
Settlement of asset retirement obligations (83,854) (65,567) (63,391)
Non-cash stock compensation expense 10,347 8,699 5,905
Excess tax benefits (156) (949) (1,493)
Non-cash derivative expense (income) 2,239 (509) (2,216)
Loss on early extinguishment of debt 27,279 1,972 607
Non-cash interest expense 16,219 13,085 1,908
Other non-cash income     (1,602)
Change in current income taxes 2,767 10,618 (19,451)
Increase in accounts receivable (4,683) (55,871) (19,600)
(Increase) decrease in other current assets 1,752 (2,836) (66)
Decrease in inventory 583 436 1,619
Increase in accounts payable 402 5,101 6,039
Increase (decrease) in other current liabilities 42,451 (10,426) 29,583
Other (2,553) 9,299 (1,628)
Net cash provided by (used in) operating activities 594,205 509,749 570,850
Cash flows from investing activities:      
Investment in oil and gas properties (663,299) (555,855) (764,933)
Proceeds from sale of oil and gas properties, net of expenses 48,821 403 87,930
Sale of fixed assets   134  
Investment in fixed and other assets (6,816) (13,370) (2,247)
Change in restricted funds (1,742)    
Net cash used in investing activities (623,036) (568,688) (679,250)
Cash flows from financing activities:      
Proceeds from bank borrowings   25,000 75,000
Repayments of bank borrowings   (70,000) (30,000)
Proceeds from issuance of senior convertible notes   300,000  
Deferred financing costs of senior convertible notes   (8,855)  
Proceeds from sold warrants   40,170  
Payments for purchased call options   (70,830)  
Proceeds from issuance of senior notes 489,250 300,000  
Deferred financing costs (9,065) (11,966) (4,017)
Redemption of senior notes (396,014)    
Redemption of senior subordinated notes   (200,681)  
Excess tax benefits 156 949 1,493
Net payments for share-based compensation (3,733) (3,773) (2,581)
Net cash provided by financing activities 80,594 300,014 39,895
Effect of exchange rate changes on cash (65)    
Net change in cash and cash equivalents 51,698 241,075 (68,505)
Cash and cash equivalents, beginning of period 279,526 38,451 106,956
Cash and cash equivalents, end of period 331,224 279,526 38,451
Supplemental cash flow information:      
Interest, net of amount capitalized (29,883) (20,150) (9,808)
Income taxes $ 13,670 $ (4,405) $ 935