Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2013

Business Acquisition, Pro Forma Information

Unaudited Pro Forma Acquisition Information. The following combined pro forma total revenues and other income and net income are presented as if the CCA Acquisition, Bakken Exchange Transaction and Thompson Field acquisition had occurred on January 1, 2012:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
In thousands, except per share data	2013		2012		2013		2012
Pro forma total revenues and other income	$	684,835	$	598,340	$	2,000,179	$	1,925,385
Pro forma net income	102,054		92,857		347,624		461,009
Pro forma net income per common share
Basic	$	0.28	$	0.24	$	0.94	$	1.19
Diluted	0.28		0.24		0.94		1.18

Cedar Creek Anticline [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions

The following table presents a summary of the fair value of assets acquired and liabilities assumed in the CCA acquisition:



In thousands
Consideration:
Cash consideration ⁽¹⁾	$	1,001,707

Fair value of assets acquired and liabilities assumed:
Oil and natural gas properties
Proved	783,507
Unevaluated	222,820
Other assets	2,589
Asset retirement obligations	(7,209		)
	$	1,001,707

(1)

$989.0 million of this cash consideration was paid through a qualified intermediary from cash placed in qualifying trust accounts from a portion of the proceeds received from the Bakken Exchange Transaction (as defined below) in order to enable a like-kind-exchange transaction for federal income tax purposes. As such, this amount is not reflected as a cash payment to purchase oil and natural gas properties in our Unaudited Condensed Consolidated Statement of Cash Flows.

Bakken Exchange Transaction [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions

The following table presents a summary of the fair value of assets acquired and liabilities assumed in the Bakken Exchange Transaction:



In thousands
Consideration:
Fair value of net assets transferred	$	1,866,107

Fair value of assets acquired and liabilities assumed:
Cash	1,277,041
Oil and natural gas properties
Proved	182,289
Unevaluated	90,690
CO₂ properties	314,505
Other property and equipment	23,424
Other assets	477
Other liabilities	(8,528		)
Asset retirement obligations	(13,791		)
	$	1,866,107