2014 Q2 Form 10-Q Financial Statement

#000104746914006531 Filed on July 31, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $327.1M $214.3M
YoY Change 52.63% 818.31%
Cost Of Revenue $35.00M $32.50M
YoY Change 7.69% 269.32%
Gross Profit $292.2M $181.9M
YoY Change 60.64% 1154.48%
Gross Profit Margin 89.32% 84.86%
Selling, General & Admin $58.10M $52.10M
YoY Change 11.52% 252.03%
% of Gross Profit 19.88% 28.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $133.5M $95.30M
YoY Change 40.08% 1515.25%
% of Gross Profit 45.69% 52.39%
Operating Expenses $200.9M $150.2M
YoY Change 33.75% 618.66%
Operating Profit $91.29M $31.84M
YoY Change 186.71% -541.01%
Interest Expense -$158.8M $28.40M
YoY Change -659.15% 198.95%
% of Operating Profit -173.95% 89.19%
Other Income/Expense, Net -$158.8M $28.37M
YoY Change -659.67% 198.86%
Pretax Income -$67.48M $60.21M
YoY Change -212.07% 2550.04%
Income Tax $0.00 $23.12M
% Of Pretax Income 38.4%
Net Earnings -$67.48M $37.09M
YoY Change -281.94% 384.24%
Net Earnings / Revenue -20.63% 17.3%
Basic Earnings Per Share -$0.18 $0.10
Diluted Earnings Per Share -$0.18 $0.08
COMMON SHARES
Basic Shares Outstanding 414.7M shares 366.7M shares
Diluted Shares Outstanding 414.7M shares 441.1M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $161.3M $3.100M
YoY Change 5103.23% -98.59%
Cash & Equivalents $161.3M $3.061M
Short-Term Investments
Other Short-Term Assets $1.085M $6.256M
YoY Change -82.66% 56772.73%
Inventory $6.091M $6.581M
Prepaid Expenses $7.691M $6.712M
Receivables $308.9M $264.2M
Other Receivables $1.282M $4.303M
Total Short-Term Assets $514.6M $296.2M
YoY Change 73.74% 22.28%
LONG-TERM ASSETS
Property, Plant & Equipment $133.1M $131.9M
YoY Change 0.88% 2150.07%
Goodwill $228.8M
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.706M $11.06M
YoY Change -57.45% 309.59%
Other Assets $66.50M $37.13M
YoY Change 79.09% -38.52%
Total Long-Term Assets $5.214B $5.871B
YoY Change -11.19% 680.08%
TOTAL ASSETS
Total Short-Term Assets $514.6M $296.2M
Total Long-Term Assets $5.214B $5.871B
Total Assets $5.729B $6.167B
YoY Change -7.11% 519.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $276.9M $261.1M
YoY Change 6.05% 782.09%
Accrued Expenses $352.4M $424.5M
YoY Change -16.98% 6052.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.389M
YoY Change
Total Short-Term Liabilities $739.9M $714.7M
YoY Change 3.53% 1769.97%
LONG-TERM LIABILITIES
Long-Term Debt $3.446B $2.714B
YoY Change 26.96% 1018.69%
Other Long-Term Liabilities $8.059M $3.785M
YoY Change 112.92% -88.56%
Total Long-Term Liabilities $3.454B $2.718B
YoY Change 27.08% 885.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $739.9M $714.7M
Total Long-Term Liabilities $3.454B $2.718B
Total Liabilities $4.194B $3.432B
YoY Change 22.18% 993.48%
SHAREHOLDERS EQUITY
Retained Earnings -$1.657B -$231.9M
YoY Change 614.71% -5.84%
Common Stock $41.00K $37.00K
YoY Change 10.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.319B $2.482B
YoY Change
Total Liabilities & Shareholders Equity $5.729B $6.167B
YoY Change -7.11% 519.92%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$67.48M $37.09M
YoY Change -281.94% 384.24%
Depreciation, Depletion And Amortization $133.5M $95.30M
YoY Change 40.08% 1515.25%
Cash From Operating Activities $251.4M $185.7M
YoY Change 35.38% 2756.92%
INVESTING ACTIVITIES
Capital Expenditures $434.5M $700.6M
YoY Change -37.98% 56.66%
Acquisitions
YoY Change
Other Investing Activities $336.4M -$21.50M
YoY Change -1664.65% -14.68%
Cash From Investing Activities -$98.10M -$722.2M
YoY Change -86.42% 52.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.600M 538.8M
YoY Change -98.59% -89900.0%
NET CHANGE
Cash From Operating Activities 251.4M 185.7M
Cash From Investing Activities -98.10M -722.2M
Cash From Financing Activities 7.600M 538.8M
Net Change In Cash 160.9M 2.300M
YoY Change 6895.65% -100.49%
FREE CASH FLOW
Cash From Operating Activities $251.4M $185.7M
Capital Expenditures $434.5M $700.6M
Free Cash Flow -$183.1M -$514.9M
YoY Change -64.44% 16.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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 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>
CY2014 hk Oil And Gas Prices First Day Average Of Twelve Months Of West Texas Intermediate Spot Market Price For Ceiling Test
OilAndGasPricesFirstDayAverageOfTwelveMonthsOfWestTexasIntermediateSpotMarketPriceForCeilingTest
100.27
CY2013 hk Oil And Gas Prices First Day Average Of Twelve Months Of West Texas Intermediate Spot Market Price For Ceiling Test
OilAndGasPricesFirstDayAverageOfTwelveMonthsOfWestTexasIntermediateSpotMarketPriceForCeilingTest
91.60
CY2014 hk Oil And Gas Prices First Day Average Of Twelve Months Of Henry Hub Price For Ceiling Test
OilAndGasPricesFirstDayAverageOfTwelveMonthsOfHenryHubPriceForCeilingTest
4.10
CY2013 hk Oil And Gas Prices First Day Average Of Twelve Months Of Henry Hub Price For Ceiling Test
OilAndGasPricesFirstDayAverageOfTwelveMonthsOfHenryHubPriceForCeilingTest
3.45
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
61165000 USD
CY2014Q1 hk Impairment Of Oil And Gas Properties After Tax
ImpairmentOfOilAndGasPropertiesAfterTax
39000000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3183823000 USD
CY2014Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3445638000 USD
CY2014Q2 hk Deferred Premiums On Derivative Contracts Current
DeferredPremiumsOnDerivativeContractsCurrent
1400000 USD
CY2013Q4 hk Deferred Premiums On Derivative Contracts Current
DeferredPremiumsOnDerivativeContractsCurrent
1400000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
77000 USD
CY2014Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
59476000 USD
CY2013Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
64308000 USD
CY2014Q2 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
3477000 USD
hk Fair Value Measurement Asset Transfers Between Levels
FairValueMeasurementAssetTransfersBetweenLevels
0 USD
hk Fair Value Measurement Liability Transfers Between Levels
FairValueMeasurementLiabilityTransfersBetweenLevels
0 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
694000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
24762000 USD
CY2014Q2 hk Derivative Fair Value Of Derivative Asset Not Offset Against Derivative Assets
DerivativeFairValueOfDerivativeAssetNotOffsetAgainstDerivativeAssets
694000 USD
CY2013Q4 hk Derivative Fair Value Of Derivative Asset Not Offset Against Derivative Assets
DerivativeFairValueOfDerivativeAssetNotOffsetAgainstDerivativeAssets
20036000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
4726000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
145203000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
37192000 USD
CY2014Q2 hk Derivative Fair Value Of Derivative Liability Not Offset Against Derivative Liabilities
DerivativeFairValueOfDerivativeLiabilityNotOffsetAgainstDerivativeLiabilities
675000 USD
CY2013Q4 hk Derivative Fair Value Of Derivative Liability Not Offset Against Derivative Liabilities
DerivativeFairValueOfDerivativeLiabilityNotOffsetAgainstDerivativeLiabilities
19507000 USD
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
144528000 USD
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
17685000 USD
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
39257000 USD
CY2014Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
34414000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
8039000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1988000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
948000 USD
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
155000 USD
hk Asset Retirement Obligation Liabilities Acquisitions
AssetRetirementObligationLiabilitiesAcquisitions
105000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4000000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4400000 USD
CY2014Q2 hk Non Cancelable Termination Penalties
NonCancelableTerminationPenalties
39200000 USD
CY2014Q2 hk Drilling Rig Related Commitment Amount
DrillingRigRelatedCommitmentAmount
73100000 USD
CY2014Q2 hk Long Term Lease Agreement Amount
LongTermLeaseAgreementAmount
66100000 USD
hk Period Of Cumulative Book Loss That Limits Ability To Consider Other Subjective Evidence For Growth
PeriodOfCumulativeBookLossThatLimitsAbilityToConsiderOtherSubjectiveEvidenceForGrowth
P3Y
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26415000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-140441000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-67477000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.383 pure
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-73333000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36372000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-151256000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
41837000 USD
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
179900000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
176800000 shares
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
356482000 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
43900000 shares
CY2014Q2 hk Oil And Natural Gas Revenues Receivable Current
OilAndNaturalGasRevenuesReceivableCurrent
188802000 USD
CY2014Q2 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
118561000 USD
CY2013Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
974000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1974000 USD
CY2014Q2 hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
-73333000 USD
CY2013Q2 hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
37346000 USD
hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
-151256000 USD
hk Net Income Loss Available To Common Stockholders Basic After Assumed Conversions
NetIncomeLossAvailableToCommonStockholdersBasicAfterAssumedConversions
43811000 USD
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414722000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
366712000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
414125000 shares
CY2014Q2 hk Accounts Receivable Affiliated Partnerships Current
AccountsReceivableAffiliatedPartnershipsCurrent
234000 USD
CY2013Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9954000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
12183000 shares
CY2013Q2 hk Incremental Common Shares Attributable To Restricted Shares
IncrementalCommonSharesAttributableToRestrictedShares
108000 shares
hk Incremental Common Shares Attributable To Restricted Shares
IncrementalCommonSharesAttributableToRestrictedShares
682000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
10880000 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414722000 shares
CY2013Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
64371000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
32185000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
441145000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
414125000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
412412000 shares
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2014Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1282000 USD
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
308879000 USD
CY2014Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7691000 USD
CY2014Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
5403000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
1085000 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
14179000 USD
CY2014Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
119823000 USD
CY2014Q2 hk Accrued Cost Of Oil And Gas Costs
AccruedCostOfOilAndGasCosts
234940000 USD
CY2014Q2 hk Revenues And Royalties Payable Current
RevenuesAndRoyaltiesPayableCurrent
155927000 USD
CY2014Q2 us-gaap Interest Payable Current
InterestPayableCurrent
82564000 USD
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9803000 USD
CY2014Q2 hk Accrued Drilling Advances Current
AccruedDrillingAdvancesCurrent
29361000 USD
CY2014Q2 hk Accounts Payable Affiliated Partnerships Current
AccountsPayableAffiliatedPartnershipsCurrent
866000 USD
CY2014Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
287000 USD
CY2014Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
658634000 USD
CY2013Q4 hk Oil And Natural Gas Revenues Receivable Current
OilAndNaturalGasRevenuesReceivableCurrent
129355000 USD
CY2013Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
170907000 USD
CY2013Q4 hk Accounts Receivable Affiliated Partnerships Current
AccountsReceivableAffiliatedPartnershipsCurrent
500000 USD
CY2013Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
11756000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
312518000 USD
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
5636000 USD
CY2013Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10404000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
58000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16098000 USD
CY2013Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
87661000 USD
CY2013Q4 hk Accrued Cost Of Oil And Gas Costs
AccruedCostOfOilAndGasCosts
292472000 USD
CY2013Q4 hk Revenues And Royalties Payable Current
RevenuesAndRoyaltiesPayableCurrent
124222000 USD
CY2013Q4 us-gaap Interest Payable Current
InterestPayableCurrent
82570000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2272000 USD
CY2013Q4 hk Accrued Drilling Advances Current
AccruedDrillingAdvancesCurrent
24882000 USD
CY2013Q4 hk Accounts Payable Affiliated Partnerships Current
AccountsPayableAffiliatedPartnershipsCurrent
679000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
362000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
636589000 USD
hk Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
25063000 USD
CY2013 hk Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
21469000 USD
CY2014Q2 hk Oil Sales Revenue
OilSalesRevenue
304212000 USD
CY2014Q2 us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
10308000 USD
CY2014Q2 hk Natural Gas Liquid Revenue
NaturalGasLiquidRevenue
9364000 USD
CY2014Q2 us-gaap Oil And Gas Revenue
OilAndGasRevenue
323884000 USD
CY2014Q2 us-gaap Other Operating Income
OtherOperatingIncome
3260000 USD
CY2014Q2 us-gaap Revenues
Revenues
327144000 USD
CY2013Q2 hk Oil Sales Revenue
OilSalesRevenue
202490000 USD
CY2013Q2 us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
6845000 USD
CY2013Q2 hk Natural Gas Liquid Revenue
NaturalGasLiquidRevenue
4254000 USD
CY2013Q2 us-gaap Oil And Gas Revenue
OilAndGasRevenue
213589000 USD
CY2013Q2 us-gaap Other Operating Income
OtherOperatingIncome
754000 USD
CY2013Q2 us-gaap Revenues
Revenues
214343000 USD
hk Oil Sales Revenue
OilSalesRevenue
383317000 USD
us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
12514000 USD
hk Natural Gas Liquid Revenue
NaturalGasLiquidRevenue
8082000 USD
us-gaap Oil And Gas Revenue
OilAndGasRevenue
403913000 USD
us-gaap Other Operating Income
OtherOperatingIncome
1284000 USD
us-gaap Revenues
Revenues
405197000 USD
CY2014Q2 us-gaap Lease Operating Expense
LeaseOperatingExpense
30968000 USD
CY2014Q2 hk Work Over And Other Expense
WorkOverAndOtherExpense
3988000 USD
CY2014Q2 us-gaap Production Tax Expense
ProductionTaxExpense
30310000 USD
CY2014Q2 hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
5898000 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27743000 USD
CY2014Q2 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
133470000 USD
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
235854000 USD
CY2013Q2 us-gaap Lease Operating Expense
LeaseOperatingExpense
31833000 USD
CY2013Q2 hk Work Over And Other Expense
WorkOverAndOtherExpense
623000 USD
CY2013Q2 us-gaap Production Tax Expense
ProductionTaxExpense
18567000 USD
CY2013Q2 hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
2802000 USD
CY2013Q2 us-gaap Restructuring Charges
RestructuringCharges
-164000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
33526000 USD
CY2013Q2 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
95315000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
182502000 USD
us-gaap Costs And Expenses
CostsAndExpenses
519372000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
57137000 USD
hk Work Over And Other Expense
WorkOverAndOtherExpense
2247000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
36003000 USD
hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
3135000 USD
us-gaap Restructuring Charges
RestructuringCharges
507000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
65123000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
177173000 USD
us-gaap Costs And Expenses
CostsAndExpenses
341325000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
91290000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
31841000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
63872000 USD
CY2014Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-121042000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
21305000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9246000 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 And Premiums
PaidInKindInterestAndAmortizationOfDiscountAndPremiums
1054000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2912000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
52686000 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
62741000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
410942000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
231366000 USD
CY2014Q2 hk Interest Expense And Other Nonoperating Income Expense
InterestExpenseAndOtherNonoperatingIncomeExpense
37725000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-158767000 USD
CY2013Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
34100000 USD
CY2013Q2 hk Interest Expense And Other Nonoperating Income Expense
InterestExpenseAndOtherNonoperatingIncomeExpense
5732000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
28368000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
68968000 USD
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
15678000 USD
hk Interest Expense And Other Nonoperating Income Expense
InterestExpenseAndOtherNonoperatingIncomeExpense
10582000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5096000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60209000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23121000 USD
CY2014Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
4960000 USD
CY2013Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
716000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
9919000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
716000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
82921000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-223362000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
253378000 USD
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
1036456000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29739000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
80692000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
30805000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1167226000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1528000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
915400000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11527000 USD
hk Payment Of Offering Costs And Other
PaymentOfOfferingCostsAndOther
9658000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
936415000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
158438000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
555000 USD
hk Proceeds From Issuance Of Series A Preferred Stock
ProceedsFromIssuanceOfSeriesAPreferredStock
345000000 USD
hk Accrued Interest
AccruedInterest
-1476000 USD
us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
5394000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
9919000 USD
CY2013Q4 us-gaap Cash
Cash
2834000 USD
CY2013Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2028000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
5148000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
338626000 USD
CY2013Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
4960467000 USD
CY2013Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
2028044000 USD
CY2013Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
6988511000 USD
CY2013Q4 hk Oil And Gas Property Full Cost Method Accumulated Depletion And Impairment
OilAndGasPropertyFullCostMethodAccumulatedDepletionAndImpairment
2189515000 USD
CY2013Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
4798996000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
125837000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8461000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
117376000 USD
CY2013Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
22734000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
8474000 USD
CY2013Q4 us-gaap Equity Method Investments
EquityMethodInvestments
4463000 USD
CY2013Q4 hk Funds In Escrow And Other Assets Noncurrent
FundsInEscrowAndOtherAssetsNoncurrent
1514000 USD
CY2013Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
17859000 USD
CY2013Q4 us-gaap Assets
Assets
5356491000 USD
CY2013Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
71000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
8474000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1389000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
664382000 USD
CY2013Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
19333000 USD
CY2013Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
39186000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7789000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2157000 USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
41000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2953786000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1506217000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1447610000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5356491000 USD
CY2014Q2 us-gaap Assets Current
AssetsCurrent
514553000 USD
CY2014Q2 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
7513008000 USD
CY2014Q2 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
5014144000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
133059000 USD
CY2014Q2 us-gaap Assets
Assets
5728639000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
739921000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
1319475000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5728639000 USD
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
345000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
345000 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
345000 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
345000 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
670000000 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1340000000 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
421652565 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
415729962 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
415729962 shares
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
421652565 shares
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0575 pure
CY2013 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0575 pure
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
110051000 USD
hk Accrued Interest
AccruedInterest
-1068000 USD
us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
-4450000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1397982000 USD
CY2013 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
695238000 USD
CY2013 hk Stock Issued During Period Value Series A Preferred Stock New Issues
StockIssuedDuringPeriodValueSeriesAPreferredStockNewIssues
345000000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
222870000 USD
hk Stock Issued Issuance Costs
StockIssuedIssuanceCosts
-39000 USD
CY2013 hk Stock Issued Issuance Costs
StockIssuedIssuanceCosts
17346000 USD
hk Purchase Of Shares To Cover Individuals Tax Withholding Value
PurchaseOfSharesToCoverIndividualsTaxWithholdingValue
421000 USD
CY2013 hk Purchase Of Shares To Cover Individuals Tax Withholding Value
PurchaseOfSharesToCoverIndividualsTaxWithholdingValue
148000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13584000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
26676000 USD
dei Entity Registrant Name
EntityRegistrantName
HALCON RESOURCES CORP
dei Entity Central Index Key
EntityCentralIndexKey
0001282648
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
421570923 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Profit Loss
ProfitLoss
42553000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-67477000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
37088000 USD
CY2014Q2 us-gaap Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
108038000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
500000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2834000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
161272000 USD
hk Oil Sales Revenue
OilSalesRevenue
560241000 USD
us-gaap Natural Gas Production Revenue
NaturalGasProductionRevenue
19717000 USD
hk Natural Gas Liquid Revenue
NaturalGasLiquidRevenue
18123000 USD
us-gaap Oil And Gas Revenue
OilAndGasRevenue
598081000 USD
us-gaap Other Operating Income
OtherOperatingIncome
4212000 USD
us-gaap Revenues
Revenues
602293000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
67606000 USD
hk Work Over And Other Expense
WorkOverAndOtherExpense
6777000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
54470000 USD
hk Gathering Transportation And Other Expenses
GatheringTransportationAndOtherExpenses
10659000 USD
us-gaap Restructuring Charges
RestructuringCharges
987000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60541000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
3789000 USD
us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-154698000 USD
hk Interest Expense And Other Nonoperating Income Expense
InterestExpenseAndOtherNonoperatingIncomeExpense
68664000 USD
us-gaap Profit Loss
ProfitLoss
-140441000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2506000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3061000 USD
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
853738000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29525000 USD
hk Payment Of Advance On Carried Interest
PaymentOfAdvanceOnCarriedInterest
189442000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
307000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-607560000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1286000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1027000000 USD
hk Proceeds From Issuance Of Tranche Rights
ProceedsFromIssuanceOfTrancheRights
4516000 USD
hk Payment Of Offering Costs And Other
PaymentOfOfferingCostsAndOther
1941000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
355056000 USD
CY2014Q2 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
5267835000 USD
CY2014Q2 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
2245173000 USD
CY2014Q2 hk Oil And Gas Property Full Cost Method Accumulated Depletion And Impairment
OilAndGasPropertyFullCostMethodAccumulatedDepletionAndImpairment
2498864000 USD
CY2014Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
144795000 USD
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11736000 USD
CY2014Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
351000 USD
CY2014Q2 us-gaap Equity Method Investments
EquityMethodInvestments
4706000 USD
CY2014Q2 hk Funds In Escrow And Other Assets Noncurrent
FundsInEscrowAndOtherAssetsNoncurrent
2350000 USD
CY2014Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
79844000 USD
CY2014Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
54000 USD
CY2014Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1389000 USD
CY2014Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
65359000 USD
CY2014Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34360000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8059000 USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
41000 USD
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2976907000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1657473000 USD
CY2014Q2 us-gaap Cash
Cash
161272000 USD
CY2014Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
343000 USD
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
7789000 USD
CY2014Q2 us-gaap Inventory Net
InventoryNet
6091000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
-1222662000 USD
CY2014Q1 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
61200000 USD
CY2014Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
-896000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
-896000 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
16000000 USD
hk Dividends Attributable To Redeemable Noncontrolling Interest
DividendsAttributableToRedeemableNoncontrollingInterest
896000 USD
hk Unrealized Gain Loss On Derivatives Net Of Premium Amortization
UnrealizedGainLossOnDerivativesNetOfPremiumAmortization
-131053000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2161000 USD
hk Paid In Kind Interest And Amortization Of Discount And Premiums
PaidInKindInterestAndAmortizationOfDiscountAndPremiums
1232000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1230000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-71000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
943000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-2944000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
86057000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
465452000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
10466000 USD
hk Payments Of Restricted Cash
PaymentsOfRestrictedCash
16000000 USD
hk Deemed Dividend
DeemedDividend
403000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD

Files In Submission

Name View Source Status
0001047469-14-006531-index-headers.html Edgar Link pending
0001047469-14-006531-index.html Edgar Link pending
0001047469-14-006531.txt Edgar Link pending
0001047469-14-006531-xbrl.zip Edgar Link pending
a2220863z10-q.htm Edgar Link pending
a2220863zex-10_3.htm Edgar Link pending
a2220863zex-12_1.htm Edgar Link pending
a2220863zex-2_2.htm Edgar Link pending
a2220863zex-31_1.htm Edgar Link pending
a2220863zex-31_2.htm Edgar Link pending
a2220863zex-32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hk-20140630.xml Edgar Link completed
hk-20140630.xsd Edgar Link pending
hk-20140630_cal.xml Edgar Link unprocessable
hk-20140630_def.xml Edgar Link unprocessable
hk-20140630_lab.xml Edgar Link unprocessable
hk-20140630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending