2013 Q2 Form 10-Q Financial Statement

#000104746913007955 Filed on August 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q4 2012 Q2
Revenue $214.3M $124.8M $23.34M
YoY Change 818.31% 387.5% -17.09%
Cost Of Revenue $32.50M $21.80M $8.800M
YoY Change 269.32% 100.0% -9.28%
Gross Profit $181.9M $103.0M $14.50M
YoY Change 1154.48% 600.68% -21.62%
Gross Profit Margin 84.86% 82.53% 62.12%
Selling, General & Admin $52.10M $54.60M $14.80M
YoY Change 252.03% 628.0% 221.74%
% of Gross Profit 28.64% 53.01% 102.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.30M $55.60M $5.900M
YoY Change 1515.25% 811.48% 5.36%
% of Gross Profit 52.39% 53.98% 40.69%
Operating Expenses $150.2M $110.4M $20.90M
YoY Change 618.66% 717.78% 104.9%
Operating Profit $31.84M -$7.400M -$7.220M
YoY Change -541.01% -716.67% -187.29%
Interest Expense $28.40M -$14.30M $9.500M
YoY Change 198.95% -14.37% 143.59%
% of Operating Profit 89.19%
Other Income/Expense, Net $28.37M $9.492M
YoY Change 198.86% 142.95%
Pretax Income $60.21M -$22.40M $2.272M
YoY Change 2550.04% 34.13% -81.34%
Income Tax $23.12M -$14.40M -$5.387M
% Of Pretax Income 38.4% -237.1%
Net Earnings $37.09M -$8.000M $7.659M
YoY Change 384.24% -34.43% -14.29%
Net Earnings / Revenue 17.3% -6.41% 32.81%
Basic Earnings Per Share $0.10 -$0.59
Diluted Earnings Per Share $0.08 -$6.15 -$0.59
COMMON SHARES
Basic Shares Outstanding 366.7M shares 216.2M shares 136.1M shares
Diluted Shares Outstanding 441.1M shares 136.1M shares

Balance Sheet

Concept 2013 Q2 2012 Q4 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.100M $2.500M $219.2M
YoY Change -98.59% 43740.0%
Cash & Equivalents $3.061M $2.506M $219.2M
Short-Term Investments
Other Short-Term Assets $6.256M $8.000K $11.00K
YoY Change 56772.73% -99.55% -99.88%
Inventory $6.581M $3.116M $4.500M
Prepaid Expenses $6.712M $3.690M $2.502M
Receivables $264.2M $262.8M $9.340M
Other Receivables $4.303M $4.869M $0.00
Total Short-Term Assets $296.2M $287.9M $242.2M
YoY Change 22.28% 1317.6% 926.27%
LONG-TERM ASSETS
Property, Plant & Equipment $131.9M $51.63M $5.862M
YoY Change 2150.07% 1714.09% -97.25%
Goodwill $228.8M $227.8M
YoY Change
Intangibles
YoY Change
Long-Term Investments $11.06M $11.14M $2.700M
YoY Change 309.59% 430.33%
Other Assets $37.13M $934.0K $60.40M
YoY Change -38.52% 123.44% 64.58%
Total Long-Term Assets $5.871B $4.753B $752.6M
YoY Change 680.08% 1825.39% 201.28%
TOTAL ASSETS
Total Short-Term Assets $296.2M $287.9M $242.2M
Total Long-Term Assets $5.871B $4.753B $752.6M
Total Assets $6.167B $5.041B $994.8M
YoY Change 519.93% 1786.79% 263.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $261.1M $231.0M $29.60M
YoY Change 782.09% 989.62% 26.5%
Accrued Expenses $424.5M $350.7M $6.900M
YoY Change 6052.17% 9920.0% 200.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $74.70M $0.00
YoY Change
Long-Term Debt Due $74.67M
YoY Change
Total Short-Term Liabilities $714.7M $678.0M $38.22M
YoY Change 1769.97% 2327.73% 32.71%
LONG-TERM LIABILITIES
Long-Term Debt $2.714B $2.034B $242.6M
YoY Change 1018.69% 907.18% 18.17%
Other Long-Term Liabilities $3.785M $10.00K $33.10M
YoY Change -88.56% 0.0% -4.34%
Total Long-Term Liabilities $2.718B $2.035B $275.7M
YoY Change 885.76% 907.13% 14.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $714.7M $678.0M $38.22M
Total Long-Term Liabilities $2.718B $2.035B $275.7M
Total Liabilities $3.432B $2.712B $313.9M
YoY Change 993.48% 1079.67% 16.87%
SHAREHOLDERS EQUITY
Retained Earnings -$231.9M -$274.5M -$246.3M
YoY Change -5.84% 24.43%
Common Stock $37.00K $1.682B
YoY Change 633.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.298M
YoY Change 29.88%
Treasury Stock Shares 0.000 shares 1.650M shares 1.650M shares
Shareholders Equity $2.482B $1.398B $676.6M
YoY Change
Total Liabilities & Shareholders Equity $6.167B $5.041B $994.8M
YoY Change 519.92% 1786.79% 263.86%

Cashflow Statement

Concept 2013 Q2 2012 Q4 2012 Q2
OPERATING ACTIVITIES
Net Income $37.09M -$8.000M $7.659M
YoY Change 384.24% -34.43% -14.29%
Depreciation, Depletion And Amortization $95.30M $55.60M $5.900M
YoY Change 1515.25% 811.48% 5.36%
Cash From Operating Activities $185.7M $82.50M $6.500M
YoY Change 2756.92% 1275.0% -26.14%
INVESTING ACTIVITIES
Capital Expenditures $700.6M $487.6M $447.2M
YoY Change 56.66% 8306.9% 5353.66%
Acquisitions
YoY Change
Other Investing Activities -$21.50M -$732.6M -$25.20M
YoY Change -14.68%
Cash From Investing Activities -$722.2M -$1.220B -$472.4M
YoY Change 52.88% 20937.93% 5732.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 538.8M 1.122B -600.0K
YoY Change -89900.0% -561150.0% 100.0%
NET CHANGE
Cash From Operating Activities 185.7M 82.50M 6.500M
Cash From Investing Activities -722.2M -1.220B -472.4M
Cash From Financing Activities 538.8M 1.122B -600.0K
Net Change In Cash 2.300M -15.60M -466.5M
YoY Change -100.49% -576356901656774400.0% -116725.0%
FREE CASH FLOW
Cash From Operating Activities $185.7M $82.50M $6.500M
Capital Expenditures $700.6M $487.6M $447.2M
Free Cash Flow -$514.9M -$405.1M -$440.7M
YoY Change 16.84% -202650.0% -73550.0%

Facts In Submission

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CY2012Q4 us-gaap Commitments And Contingencies
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USD
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CommitmentsAndContingencies
USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
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CommonStockValue
37000 USD
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CommonStockValue
26000 USD
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TemporaryEquitySharesIssued
10880 shares
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
670000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
336666666 shares
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
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CommonStockParOrStatedValuePerShare
0.0001
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CommonStockSharesIssued
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CommonStockSharesIssued
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CommonStockSharesOutstanding
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CommonStockSharesOutstanding
258152468 shares
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TreasuryStockShares
0 shares
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TreasuryStockShares
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StockholdersEquity
1680000 USD
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AdjustmentsToAdditionalPaidInCapitalWarrantIssued
43590000 USD
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StockIssuedDuringPeriodValueCommonStockNewIssues
569000000 USD
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311556000 USD
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StockIssuedIssuanceCosts
19603000 USD
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StockIssuedDuringPeriodValueAcquisitions
452039000 USD
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TreasuryStockValueAcquiredCostMethod
2139000 USD
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7299000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
695238000 USD
hk Stock Issued Issuance Costs
StockIssuedIssuanceCosts
9658000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10710000 USD
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RetainedEarningsAccumulatedDeficit
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CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
676600000 USD
us-gaap Number Of Operating Segments
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1 item
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><b>Use of Estimates</b></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The preparation of the Company's unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires the Company's management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, if any, at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the respective reporting periods. Estimates and assumptions that, in the opinion of management of the Company, are significant include oil and natural gas revenue, capital and operating expense accruals, oil and natural gas reserves, depletion relating to oil and natural gas properties, asset retirement obligations, fair value estimates, beneficial conversion feature estimates and income taxes. The Company bases its estimates and judgments on historical experience and on various other assumptions and information that are believed to be reasonable under the circumstances. Estimates and assumptions about future events and their effects cannot be perceived with certainty and, accordingly, these estimates may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company's operating environment changes. Actual results may differ from the estimates and assumptions used in the preparation of the Company's unaudited condensed consolidated financial statements.</font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Interim period results are not necessarily indicative of results of operations or cash flows for the full year and accordingly, certain information normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States, has been condensed or omitted. The Company has evaluated events or transactions through the date of issuance of these unaudited condensed consolidated financial statements.</font></p> </div>
CY2012Q1 hk Number Of Executive Officers Resigned Or Terminated
NumberOfExecutiveOfficersResignedOrTerminated
4 item
CY2012Q1 hk Recapitalization Cost Charged To Expense
RecapitalizationCostChargedToExpense
4600000 USD
CY2012Q1 hk Recapitalization Professional Fees And Other
RecapitalizationProfessionalFeesAndOther
800000 USD
CY2012Q1 hk Recapitalization Closing Fees And Expense
RecapitalizationClosingFeesAndExpense
11200000 USD
CY2012Q1 hk Recapitalization Termination Fees Included In Closing Fees And Expense
RecapitalizationTerminationFeesIncludedInClosingFeesAndExpense
2500000 USD
hk Maximum Period From Acquisition Date For Adjusting Acquired Assets And Liabilities
MaximumPeriodFromAcquisitionDateForAdjustingAcquiredAssetsAndLiabilities
P1Y
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
75132000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
265000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
5037000 USD
hk Asset Retirement Obligation Liabilities Acquisitions
AssetRetirementObligationLiabilitiesAcquisitions
1055000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-1825000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-433000 USD
CY2013Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
82351000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4400000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000 USD
CY2013Q2 hk Drilling Rig Related Commitment Amount
DrillingRigRelatedCommitmentAmount
68900000 USD
CY2013Q2 hk Non Cancelable Termination Penalties
NonCancelableTerminationPenalties
42600000 USD
CY2013Q2 hk Long Term Lease Agreement Amount
LongTermLeaseAgreementAmount
66700000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0 USD
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
0 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.383 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008 pure
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
69000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-25500000 USD
CY2013Q2 hk Oil And Natural Gas Revenues Receivable Current
OilAndNaturalGasRevenuesReceivableCurrent
126193000 USD
CY2012Q4 hk Oil And Natural Gas Revenues Receivable Current
OilAndNaturalGasRevenuesReceivableCurrent
143794000 USD
CY2012Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
113671000 USD
CY2013Q2 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
133334000 USD
CY2013Q2 hk Accounts Receivable Affiliated Partnerships Current
AccountsReceivableAffiliatedPartnershipsCurrent
386000 USD
CY2012Q4 hk Accounts Receivable Affiliated Partnerships Current
AccountsReceivableAffiliatedPartnershipsCurrent
475000 USD
CY2012Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
4869000 USD
CY2013Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
4303000 USD
CY2013Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6712000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
6256000 USD
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3690000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3001000 USD
CY2013Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
127324000 USD
CY2013Q2 hk Accrued Cost Of Oil And Gas Costs
AccruedCostOfOilAndGasCosts
358973000 USD
CY2013Q2 hk Revenues And Royalties Payable Current
RevenuesAndRoyaltiesPayableCurrent
133736000 USD
CY2013Q2 us-gaap Interest Payable Current
InterestPayableCurrent
52164000 USD
CY2013Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
4000 USD
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13328000 USD
CY2013Q2 hk Accrued Drilling Advances Current
AccruedDrillingAdvancesCurrent
20205000 USD
CY2013Q2 hk Accounts Payable Affiliated Partnerships Current
AccountsPayableAffiliatedPartnershipsCurrent
83000 USD
CY2012Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
147679000 USD
CY2012Q4 hk Accrued Cost Of Oil And Gas Costs
AccruedCostOfOilAndGasCosts
282245000 USD
CY2012Q4 hk Revenues And Royalties Payable Current
RevenuesAndRoyaltiesPayableCurrent
91761000 USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
45201000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
130000 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12321000 USD
CY2012Q4 hk Accrued Drilling Advances Current
AccruedDrillingAdvancesCurrent
8840000 USD
CY2012Q4 hk Accounts Payable Affiliated Partnerships Current
AccountsPayableAffiliatedPartnershipsCurrent
822000 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1552000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2239335000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
20635000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7799000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5198000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
12890000 USD
CY2013Q2 hk Derivative Fair Value Of Derivative Asset Not Offset Against Derivative Assets
DerivativeFairValueOfDerivativeAssetNotOffsetAgainstDerivativeAssets
3506000 USD
CY2012Q4 hk Derivative Fair Value Of Derivative Asset Not Offset Against Derivative Assets
DerivativeFairValueOfDerivativeAssetNotOffsetAgainstDerivativeAssets
4118000 USD
hk Fair Value Measurement Asset Transfers Between Levels
FairValueMeasurementAssetTransfersBetweenLevels
0 USD
hk Fair Value Measurement Liability Transfers Between Levels
FairValueMeasurementLiabilityTransfersBetweenLevels
0 USD
CY2013Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2532655000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
17129000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
3681000 USD
CY2013Q2 hk Derivative Fair Value Of Derivative Liability Not Offset Against Derivative Liabilities
DerivativeFairValueOfDerivativeLiabilityNotOffsetAgainstDerivativeLiabilities
3414000 USD
CY2012Q4 hk Derivative Fair Value Of Derivative Liability Not Offset Against Derivative Liabilities
DerivativeFairValueOfDerivativeLiabilityNotOffsetAgainstDerivativeLiabilities
3899000 USD
CY2013Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
1784000 USD
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
8991000 USD
CY2013Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9954000 shares
CY2013Q2 hk Incremental Common Shares Attributable To Restricted Shares
IncrementalCommonSharesAttributableToRestrictedShares
108000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
12183000 shares
hk Incremental Common Shares Attributable To Restricted Shares
IncrementalCommonSharesAttributableToRestrictedShares
682000 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
43900000 shares
CY2012Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
89400000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
75400000 shares
us-gaap Dividends Preferred Stock
DividendsPreferredStock
716000 USD
CY2013Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
716000 USD
CY2012Q4 us-gaap Temporary Equity Value Excluding Additional Paid In Capital
TemporaryEquityValueExcludingAdditionalPaidInCapital
695238000 USD
CY2012Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000000 shares
CY2012Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
10880 shares
hk Proceeds From Issuance Of Series A Preferred Stock
ProceedsFromIssuanceOfSeriesAPreferredStock
345000000 USD
CY2013Q2 hk Deferred Premiums On Derivative Contracts
DeferredPremiumsOnDerivativeContracts
1389000 USD
CY2013Q2 hk Gain Loss On Expiration Of Share Warrants
GainLossOnExpirationOfShareWarrants
1600000 USD
CY2013Q1 hk Unrealized Gain Loss On Share Warrants
UnrealizedGainLossOnShareWarrants
300000 USD
CY2013Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
974000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1528000000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
764000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1974000 USD
CY2013Q2 hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
37346000 USD
CY2012Q2 hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
-79684000 USD
hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
43811000 USD
hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
-114108000 USD
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
345000 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
345000 shares
hk Stock Issued During Period Value Preferred Stock New Issues
StockIssuedDuringPeriodValuePreferredStockNewIssues
345000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29739000 USD
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2012Q2 hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
60000 USD
hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
107000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52686000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
21305000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6975000 USD
hk Unrealized Gain Loss On Derivatives Net Of Premium Amortization
UnrealizedGainLossOnDerivativesNetOfPremiumAmortization
19139000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
508000 USD
hk Paid In Kind Interest And Amortization Of Discount
PaidInKindInterestAndAmortizationOfDiscount
1054000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2912000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
768000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
5438000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
61265000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
229890000 USD
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
1024488000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
80718000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
915400000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11527000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
9658000 USD
CY2013Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
277000 USD
CY2012Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
934000 USD
CY2013Q2 hk Deposits For Acquisition Of Oil And Natural Gas Properties
DepositsForAcquisitionOfOilAndNaturalGasProperties
36855000 USD
CY2013Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2713698000 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1681717000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
29039000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
30805000 USD
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
10880000 shares

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