2013 Q2 Form 10-Q Financial Statement
#000104746913007955 Filed on August 01, 2013
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
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Revenues
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Entity Registrant Name
EntityRegistrantName
|
HALCON RESOURCES CORP | ||
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Entity Central Index Key
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|
0001282648 | ||
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Document Type
DocumentType
|
10-Q | ||
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Document Period End Date
DocumentPeriodEndDate
|
2013-06-30 | ||
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Amendment Flag
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|
false | ||
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Current Fiscal Year End Date
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|
--12-31 | ||
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Entity Current Reporting Status
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Yes | ||
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Entity Filer Category
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Accelerated Filer | ||
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Document Fiscal Year Focus
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2013 | ||
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Q2 | ||
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Natural Gas Production Revenue
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Results Of Operations Depreciation Depletion Amortization And Accretion
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|
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|
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|
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|
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|
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|
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|
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Production Tax Expense
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Production Tax Expense
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Gathering Transportation And Other Expenses
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Restructuring Charges
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Restructuring Charges
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|
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Restructuring Charges
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Deferred Income Tax Expense Benefit
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General And Administrative Expense
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|
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General And Administrative Expense
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|
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Weighted Average Number Of Shares Outstanding Basic
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
441145000 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
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Paid In Kind Interest And Amortization Of Discount
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|
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us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
17000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
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Increase Decrease In Inventories
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|
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Increase Decrease In Other Current Assets
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|
1841000 | USD | |
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Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
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us-gaap |
Net Cash Provided By Used In Operating Activities
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|
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Payments To Explore And Develop Oil And Gas Properties
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|
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Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3573000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1165750000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-500809000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
237410000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
208000000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
5053000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
18133000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2139000 | USD | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
311556000 | USD | |
hk |
Proceeds From Beneficial Conversion Feature Financing Activity
ProceedsFromBeneficialConversionFeatureFinancingActivity
|
88445000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
275000000 | USD | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
43590000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
936415000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
722676000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
555000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
219159000 | USD | |
CY2013Q2 | us-gaap |
Cash
Cash
|
3061000 | USD |
CY2012Q4 | us-gaap |
Cash
Cash
|
2506000 | USD |
CY2013Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
264216000 | USD |
CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
262809000 | USD |
CY2013Q2 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
9336000 | USD |
CY2012Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
7428000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
5307000 | USD |
CY2013Q2 | us-gaap |
Inventory Net
InventoryNet
|
6581000 | USD |
CY2012Q4 | us-gaap |
Inventory Net
InventoryNet
|
3116000 | USD |
CY2013Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
12968000 | USD |
CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6691000 | USD |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
296162000 | USD |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
287857000 | USD |
CY2013Q2 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
3843579000 | USD |
CY2012Q4 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
2669245000 | USD |
CY2013Q2 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
2307887000 | USD |
CY2012Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
2326598000 | USD |
CY2013Q2 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
6151466000 | USD |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
4995843000 | USD |
CY2013Q2 | hk |
Oil And Gas Property Full Cost Method Accumulated Depletion And Impairment
OilAndGasPropertyFullCostMethodAccumulatedDepletionAndImpairment
|
761013000 | USD |
CY2012Q4 | hk |
Oil And Gas Property Full Cost Method Accumulated Depletion And Impairment
OilAndGasPropertyFullCostMethodAccumulatedDepletionAndImpairment
|
588207000 | USD |
CY2013Q2 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
5390453000 | USD |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
4407636000 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
142436000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
59748000 | USD |
CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10537000 | USD |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8119000 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
131899000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
51629000 | USD |
CY2013Q2 | us-gaap |
Goodwill
Goodwill
|
228800000 | USD |
CY2012Q4 | us-gaap |
Goodwill
Goodwill
|
227762000 | USD |
CY2013Q2 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
11299000 | USD |
CY2012Q4 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
371000 | USD |
CY2013Q2 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
59294000 | USD |
CY2012Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
51609000 | USD |
CY2013Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
11059000 | USD |
CY2012Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
11137000 | USD |
CY2013Q2 | hk |
Funds In Escrow
FundsInEscrow
|
847000 | USD |
CY2012Q4 | hk |
Funds In Escrow
FundsInEscrow
|
2090000 | USD |
CY2013Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
37132000 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
934000 | USD |
CY2013Q2 | us-gaap |
Assets
Assets
|
6166945000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
5041025000 | USD |
CY2013Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
705817000 | USD |
CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
590551000 | USD |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
9298000 | USD |
CY2013Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-231910000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-274463000 | USD |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2481825000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1397982000 | USD |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6166945000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5041025000 | USD |
CY2012Q4 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.0001 | |
CY2013Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
5198000 | USD |
CY2012Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
10429000 | USD |
CY2013Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
2923000 | USD |
CY2012Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
2319000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
74669000 | USD |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
714702000 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
677968000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2713947000 | USD |
CY2012Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2034498000 | USD |
CY2012Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
2461000 | USD |
CY2013Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
79428000 | USD |
CY2012Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
72813000 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
173258000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
160055000 | USD |
CY2013Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3785000 | USD |
CY2012Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
10000 | USD |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
37000 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
26000 | USD |
CY2012Q4 | us-gaap |
Temporary Equity Shares Issued
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 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
370077763 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
259802377 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
370077763 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
258152468 | shares |
CY2013Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2012Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1649909 | shares |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1680000 | USD |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
43590000 | USD |
CY2012 | hk |
Stock Issued During Period Value Common Stock New Issues
StockIssuedDuringPeriodValueCommonStockNewIssues
|
569000000 | USD |
CY2012 | hk |
Stock Issued During Period Value Preferred Stock New Issues
StockIssuedDuringPeriodValuePreferredStockNewIssues
|
311556000 | USD |
CY2012 | hk |
Stock Issued Issuance Costs
StockIssuedIssuanceCosts
|
19603000 | USD |
CY2012 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
452039000 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-53885000 | USD |
CY2012 | hk |
Preferred Stock Convertible Beneficial Conversion Feature
PreferredStockConvertibleBeneficialConversionFeature
|
88445000 | USD |
CY2012 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
2139000 | USD |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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 | |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-246300000 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
676600000 | USD |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
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">        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">        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 |