2013 Q1 Form 10-Q Financial Statement
#000110465913039758 Filed on May 10, 2013
Income Statement
| Concept | 2013 Q1 | 2012 Q4 | 2012 Q1 |
|---|---|---|---|
| Revenue | $78.30M | $73.60M | $47.80M |
| YoY Change | 63.81% | 109.69% | 133.17% |
| Cost Of Revenue | $11.10M | $8.200M | $7.100M |
| YoY Change | 56.34% | 32.26% | 91.89% |
| Gross Profit | $67.20M | $65.40M | $40.70M |
| YoY Change | 65.11% | 126.3% | 140.83% |
| Gross Profit Margin | 85.82% | 88.86% | 85.15% |
| Selling, General & Admin | $13.20M | $9.000M | $6.000M |
| YoY Change | 120.0% | 5.88% | 172.73% |
| % of Gross Profit | 19.64% | 13.76% | 14.74% |
| Research & Development | $600.0K | $1.200M | $1.200M |
| YoY Change | -50.0% | 300.0% | 140.0% |
| % of Gross Profit | 0.89% | 1.83% | 2.95% |
| Depreciation & Amortization | $23.47M | $24.50M | $11.83M |
| YoY Change | 98.4% | 135.58% | 85.18% |
| % of Gross Profit | 34.92% | 37.46% | 29.06% |
| Operating Expenses | $53.03M | $34.60M | $28.86M |
| YoY Change | 83.77% | 88.04% | 94.75% |
| Operating Profit | $25.27M | $36.67M | $26.13M |
| YoY Change | -3.27% | -99.79% | -99.75% |
| Interest Expense | $1.963M | -$2.700M | $561.5K |
| YoY Change | 249.59% | -69.66% | -21.22% |
| % of Operating Profit | 7.77% | -7.36% | 2.15% |
| Other Income/Expense, Net | -$6.942M | $0.00 | -$5.186M |
| YoY Change | 33.85% | -5286.21% | |
| Pretax Income | $18.33M | $23.40M | $13.79M |
| YoY Change | 32.98% | -4780.0% | 1869.31% |
| Income Tax | $7.058M | $10.20M | $5.307M |
| % Of Pretax Income | 38.5% | 43.59% | 38.5% |
| Net Earnings | $11.30M | $13.00M | $8.500M |
| YoY Change | 32.94% | -6600.0% | 2733.33% |
| Net Earnings / Revenue | 14.43% | 17.66% | 17.78% |
| Basic Earnings Per Share | $0.28 | ||
| Diluted Earnings Per Share | $0.28 | $32.50 | $21.25 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 39.25M shares | ||
| Diluted Shares Outstanding | 39.29M shares |
Balance Sheet
| Concept | 2013 Q1 | 2012 Q4 | 2012 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $3.000M | $4.000M | $0.00 |
| YoY Change | |||
| Cash & Equivalents | $3.170M | $4.268M | $0.00 |
| Short-Term Investments | |||
| Other Short-Term Assets | $4.000M | $5.000M | $3.000M |
| YoY Change | 33.33% | ||
| Inventory | $3.957M | $1.741M | $41.00M |
| Prepaid Expenses | |||
| Receivables | $43.84M | $38.60M | |
| Other Receivables | $7.155M | $5.485M | |
| Total Short-Term Assets | $61.77M | $55.30M | $43.56M |
| YoY Change | 41.82% | 72.14% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $5.230M | $943.8M | $678.0M |
| YoY Change | -99.23% | 50795.41% | |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $3.262M | $3.430M | $4.000M |
| YoY Change | -18.44% | 0.32% | |
| Total Long-Term Assets | $987.0M | $947.2M | $681.5M |
| YoY Change | 44.82% | 49.82% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $61.77M | $55.30M | $43.56M |
| Total Long-Term Assets | $987.0M | $947.2M | $681.5M |
| Total Assets | $1.049B | $1.002B | $725.1M |
| YoY Change | 44.64% | 50.9% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $0.00 | $10.00M | $2.000M |
| YoY Change | -100.0% | ||
| Accrued Expenses | $62.00M | $2.824M | $50.00M |
| YoY Change | 24.0% | 32.69% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $93.94M | $102.6M | $66.88M |
| YoY Change | 40.47% | 166.29% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $192.0M | $158.0M | $22.00M |
| YoY Change | 772.73% | ||
| Other Long-Term Liabilities | $55.00M | $53.00M | $14.00M |
| YoY Change | 292.86% | ||
| Total Long-Term Liabilities | $247.0M | $158.0M | $36.00M |
| YoY Change | 586.11% | ||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $93.94M | $102.6M | $66.88M |
| Total Long-Term Liabilities | $247.0M | $158.0M | $36.00M |
| Total Liabilities | $457.5M | $424.0M | $187.9M |
| YoY Change | 143.51% | 210.9% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $70.31M | $59.05M | |
| YoY Change | 371.31% | ||
| Common Stock | $520.9M | $519.5M | |
| YoY Change | 0.78% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $591.2M | $578.5M | $537.2M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.049B | $1.002B | $725.1M |
| YoY Change | 44.64% | 50.9% |
Cashflow Statement
| Concept | 2013 Q1 | 2012 Q4 | 2012 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $11.30M | $13.00M | $8.500M |
| YoY Change | 32.94% | -6600.0% | 2733.33% |
| Depreciation, Depletion And Amortization | $23.47M | $24.50M | $11.83M |
| YoY Change | 98.4% | 135.58% | 85.18% |
| Cash From Operating Activities | $39.80M | $64.30M | $17.69M |
| YoY Change | 125.04% | 216.75% | 73.39% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $69.90M | $103.7M | $34.60M |
| YoY Change | 102.02% | 115.59% | 97.71% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$1.500M | $4.100M | -$100.0K |
| YoY Change | 1400.0% | -110.0% | |
| Cash From Investing Activities | -$71.44M | -$99.70M | -$34.74M |
| YoY Change | 105.63% | 107.71% | 110.54% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | $30.54M | 34.80M | $14.96M |
| YoY Change | 104.08% | 17.17% | 110.77% |
| NET CHANGE | |||
| Cash From Operating Activities | $39.80M | 64.30M | $17.69M |
| Cash From Investing Activities | -$71.44M | -99.70M | -$34.74M |
| Cash From Financing Activities | $30.54M | 34.80M | $14.96M |
| Net Change In Cash | -$1.097M | -600.0K | -$2.090M |
| YoY Change | -47.5% | -130.0% | -361.21% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $39.80M | $64.30M | $17.69M |
| Capital Expenditures | $69.90M | $103.7M | $34.60M |
| Free Cash Flow | -$30.10M | -$39.40M | -$16.91M |
| YoY Change | 77.96% | 41.73% | 131.71% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-size:10.0pt;font-family:Times New Roman;FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">2. BASIS OF PRESENTATION</font></b><font style="FONT-SIZE: 10pt;" size="2">:</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 26pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">These statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The quarterly financial statements included herein do not necessarily include all of the disclosures as may be required under generally accepted accounting principles. The readers of these quarterly financial statements should also read the audited consolidated financial statements and related notes of BCEI that were included in BCEI’s Annual Report on Form 10-K filed with the SEC on March 15, 2013. These consolidated financial statements include all of the adjustments, which, in the opinion of management, are necessary for a fair presentation of the financial position and results of operations. All such adjustments are of a normal recurring nature only. The results of operations for the quarterly periods are not necessarily indicative of the results to be expected for the full fiscal year.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 26pt;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Principles of Consolidation</font></i><font style="FONT-SIZE: 10pt;" size="2">—The consolidated balance sheets include the accounts of the Company and its wholly owned subsidiaries, Bonanza Creek Energy Operating Company, LLC, Bonanza Creek Energy Resources, LLC, Holmes Eastern Company, LLC, Bonanza Creek Energy Upstream LLC, and Bonanza Creek Energy Midstream, LLC. All significant intercompany accounts and transactions have been eliminated.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman;" size="2">Oil and Gas Producing Activities</font></i><font style="FONT-SIZE: 10pt;" size="2">—The Company follows the successful efforts method of accounting for its oil and gas properties. Under this method of accounting, all property acquisition costs and costs of exploratory and development wells will be capitalized at cost when incurred, pending determination of whether the well has found proved reserves. If an exploratory well has not found proved reserves, the costs of drilling the well and other associated costs will be charged to expense. The costs of development wells will be capitalized whether productive or nonproductive. Costs incurred to maintain wells and related equipment and lease and well operating costs are charged to expense as incurred. Gains and losses arising from sales of properties will be included in income. However, sales that do not significantly affect a field’s unit-of-production depletion rate will be accounted for as normal retirements with no gain or loss recognized. Geological and geophysical costs of exploratory prospects and the costs of carrying and retaining unproved properties are expensed as incurred.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">Depletion, depreciation and amortization (“DD&A”) of capitalized costs of proved oil and gas properties are provided for on a field-by-field basis using the units of production method based upon proved reserves. The computation of DD&A takes into consideration the anticipated proceeds from equipment salvage and the Company’s expected cost to abandon its well interests.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"> </p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">The Company assesses its proved oil and gas properties for impairment whenever events or circumstances indicate that the carrying value of the assets may not be recoverable. The impairment test compares undiscounted future net cash flows to the assets’ net book value. If the net capitalized costs exceed future net cash flows, then the cost of the property will be written down to “fair value.” Fair value for oil and natural gas properties is generally determined based on discounted future net cash flows.</font></p></div> | |
| CY2013Q1 | bcei |
Accrued General And Administrative Cost Current
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|
5142425 | USD |
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Stock Issued During Period Shares New Issues
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|
10000000 | shares |
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Period Within Which Sale Of Asset Takes Place To Classify It As Held For Sale
PeriodWithinWhichSaleOfAssetTakesPlaceToClassifyItAsHeldForSale
|
P1Y | |
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Drilling And Completion Costs Current
DrillingAndCompletionCostsCurrent
|
46239017 | USD |
| CY2012Q4 | bcei |
Drilling And Completion Costs Current
DrillingAndCompletionCostsCurrent
|
51698682 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
407591 | USD |
| CY2012Q4 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
10049131 | USD |
| CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2824300 | USD |
| CY2013Q1 | us-gaap |
Accrued Reclamation Costs Current
AccruedReclamationCostsCurrent
|
400000 | USD |
| CY2012Q4 | us-gaap |
Accrued Reclamation Costs Current
AccruedReclamationCostsCurrent
|
400000 | USD |
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Accrued Interest Current
AccruedInterestCurrent
|
303839 | USD |
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Accrued Interest Current
AccruedInterestCurrent
|
219494 | USD |
| CY2013Q1 | bcei |
Accrued Oil And Gas Hedging Current
AccruedOilAndGasHedgingCurrent
|
433616 | USD |
| CY2013Q1 | bcei |
Production Taxes And Other Current
ProductionTaxesAndOtherCurrent
|
5318984 | USD |
| CY2013Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
62292672 | USD |
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Accounts Payable And Accrued Liabilities Current
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|
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Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
13058588 | USD |
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Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
13496680 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
13539742 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
204685240 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
1391894 | USD |
| CY2013Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
246172144 | USD |
| CY2013Q1 | bcei |
Number Of Lenders Out Of Total Counterparties In Derivative Financial Instruments
NumberOfLendersOutOfTotalCounterpartiesInDerivativeFinancialInstruments
|
4 | item |
| CY2013Q1 | bcei |
Number Of Counterparties In Derivative Financial Instruments
NumberOfCounterpartiesInDerivativeFinancialInstruments
|
5 | item |
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Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.10 | pure |
| CY2012Q1 | us-gaap |
Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.10 | pure |
| CY2013Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Bonanza Creek Energy, Inc. | |
| CY2013Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001509589 | |
| CY2013Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2013Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-03-31 | |
| CY2013Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2013Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2013Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2013Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
| CY2013Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2013Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3170403 | USD |
| CY2013Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
43842227 | USD |
| CY2013Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
7154967 | USD |
| CY2013Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2950855 | USD |
| CY2013Q1 | us-gaap |
Inventory Net
InventoryNet
|
3956611 | USD |
| CY2013Q1 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
696195 | USD |
| CY2013Q1 | us-gaap |
Assets Current
AssetsCurrent
|
61771258 | USD |
| CY2013Q1 | us-gaap |
Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
|
841450815 | USD |
| CY2013Q1 | us-gaap |
Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
|
73286904 | USD |
| CY2013Q1 | us-gaap |
Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
|
104331607 | USD |
| CY2013Q1 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
1019069326 | USD |
| CY2013Q1 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
111949634 | USD |
| CY2013Q1 | us-gaap |
Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
|
907119692 | USD |
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Inventory Net
InventoryNet
|
1740934 | USD |
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Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
74276579 | USD |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
4016914 | USD |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
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Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6476164 | USD |
| CY2013Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1245821 | USD |
| CY2013Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5230343 | USD |
| CY2013Q1 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
534993 | USD |
| CY2013Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3262256 | USD |
| CY2013Q1 | us-gaap |
Assets
Assets
|
1048750286 | USD |
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Accrued Royalties Current
AccruedRoyaltiesCurrent
|
11503132 | USD |
| CY2013Q1 | bcei |
Contractual Obligation For Land Acquisition Current
ContractualObligationForLandAcquisitionCurrent
|
11999877 | USD |
| CY2013Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
8145564 | USD |
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Liabilities Current
LiabilitiesCurrent
|
93941245 | USD |
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Long Term Line Of Credit
LongTermLineOfCredit
|
191500000 | USD |
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Contractual Obligation For Land Acquisition Noncurrent
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|
33461957 | USD |
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Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
12259384 | USD |
| CY2013Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
924520 | USD |
| CY2013Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
117424350 | USD |
| CY2013Q1 | us-gaap |
Oil And Gas Reclamation Liability Noncurrent
OilAndGasReclamationLiabilityNoncurrent
|
7995594 | USD |
| CY2013Q1 | us-gaap |
Liabilities
Liabilities
|
457507050 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4267667 | USD |
| CY2013Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
40269 | USD |
| CY2013Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
520895119 | USD |
| CY2013Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
70307848 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
591243236 | USD |
| CY2013Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1048750286 | USD |
| CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
38600436 | USD |
| CY2012Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
5484620 | USD |
| CY2012Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3031815 | USD |
| CY2012Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
2178064 | USD |
| CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
55303536 | USD |
| CY2012Q4 | us-gaap |
Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
|
811000239 | USD |
| CY2012Q4 | us-gaap |
Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
|
72928364 | USD |
| CY2012Q4 | us-gaap |
Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
|
75031806 | USD |
| CY2012Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Gross
OilAndGasPropertySuccessfulEffortMethodGross
|
958960409 | USD |
| CY2012Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
89669725 | USD |
| CY2012Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
|
869290684 | USD |
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Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
73087603 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
3403817 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
69683786 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5089795 | USD |
| CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
890093 | USD |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4199702 | USD |
| CY2012Q4 | bcei |
Oil And Gas Properties Held For Sale Net
OilAndGasPropertiesHeldForSaleNet
|
582388 | USD |
| CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3429711 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
1002489807 | USD |
| CY2012Q4 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
12552655 | USD |
| CY2012Q4 | bcei |
Contractual Obligation For Land Acquisition Current
ContractualObligationForLandAcquisitionCurrent
|
11999877 | USD |
| CY2012Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
5200202 | USD |
| CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
102603006 | USD |
| CY2012Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
158000000 | USD |
| CY2012Q4 | bcei |
Contractual Obligation For Land Acquisition Noncurrent
ContractualObligationForLandAcquisitionNoncurrent
|
33271631 | USD |
| CY2012Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
11179370 | USD |
| CY2013Q1 | bcei |
Depreciation Depletion And Amortization Continuing Operations
DepreciationDepletionAndAmortizationContinuingOperations
|
23363065 | USD |
| CY2013Q1 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-3608652 | USD |
| CY2013Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
136933 | USD |
| CY2012Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
1208106 | USD |
| CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
110376606 | USD |
| CY2012Q4 | us-gaap |
Oil And Gas Reclamation Liability Noncurrent
OilAndGasReclamationLiabilityNoncurrent
|
7333584 | USD |
| CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
423972303 | USD |
| CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
40116 | USD |
| CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
519425356 | USD |
| CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
59052032 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
578517504 | USD |
| CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1002489807 | USD |
| CY2013Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
| CY2013Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2013Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2013Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
225000000 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
225000000 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40269003 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
40115536 | shares |
| CY2013Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40269003 | shares |
| CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
40115536 | shares |
| CY2013Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
78307013 | USD |
| CY2013Q1 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
11130685 | USD |
| CY2013Q1 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
4812754 | USD |
| CY2013Q1 | us-gaap |
Exploration Expense
ExplorationExpense
|
562312 | USD |
| CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13166062 | USD |
| CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
53034878 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
-1507120 | USD |
| CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
1962718 | USD |
| CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-6941557 | USD |
| CY2013Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-27018 | USD |
| CY2013Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-10402 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11255816 | USD |
| CY2012Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
47830431 | USD |
| CY2012Q1 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
7107331 | USD |
| CY2012Q1 | us-gaap |
Production Tax Expense
ProductionTaxExpense
|
3595809 | USD |
| CY2012Q1 | us-gaap |
Exploration Expense
ExplorationExpense
|
1190123 | USD |
| CY2012Q1 | bcei |
Depreciation Depletion And Amortization Continuing Operations
DepreciationDepletionAndAmortizationContinuingOperations
|
11001043 | USD |
| CY2012Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5964718 | USD |
| CY2012Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
28859024 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
25272135 | USD |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
18971407 | USD |
| CY2012Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
-1211139 | USD |
| CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
561516 | USD |
| CY2012Q1 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-3375831 | USD |
| CY2012Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
-37727 | USD |
| CY2012Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5186213 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
18330578 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.28 | |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.22 | |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
13785194 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
11272432 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
8477894 | USD |
| CY2012Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
110990 | USD |
| CY2012Q1 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
42731 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
8546153 | USD |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.28 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.22 | |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
40084811 | shares |
| CY2012Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39477584 | shares |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4378287 | USD |
| CY2012Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
670564 | USD |
| CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
23467406 | USD |
| CY2013Q1 | bcei |
Exploration Expense Noncash
ExplorationExpenseNoncash
|
351464 | USD |
| CY2013Q1 | bcei |
Contractual Obligation Accretion Expense For Land Acquisition
ContractualObligationAccretionExpenseForLandAcquisition
|
190326 | USD |
| CY2013Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-3608652 | USD |
| CY2013Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-73342 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
6912138 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-80960 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5418908 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
-49163 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
38292479 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
|
934054 | USD |
| CY2013Q1 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
64334333 | USD |
| CY2013Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
3275378 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
1386369 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-69930134 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
33500000 | USD |
| CY2013Q1 | bcei |
Shares Of Common Stock Returned For Tax Withholdings
SharesOfCommonStockReturnedForTaxWithholdings
|
-2908373 | USD |
| CY2013Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
51236 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30540391 | USD |
| CY2013Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1469356 | USD |
| CY2012Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
243201 | USD |
| CY2013Q1 | bcei |
Changes In Working Capital Related To Drilling Expenditures And Property Acquisition
ChangesInWorkingCapitalRelatedToDrillingExpendituresAndPropertyAcquisition
|
-5459665 | USD |
| CY2012Q1 | bcei |
Changes In Working Capital Related To Drilling Expenditures And Property Acquisition
ChangesInWorkingCapitalRelatedToDrillingExpendituresAndPropertyAcquisition
|
26102288 | USD |
| CY2012Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11827980 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17685294 | USD |
| CY2013Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
218691 | USD |
| CY2012Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-3375831 | USD |
| CY2012Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-45000 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
14542748 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
106250 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2230988 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
-749 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
|
294127 | USD |
| CY2012Q1 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
27464392 | USD |
| CY2012Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
6246577 | USD |
| CY2012Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
139375 | USD |
| CY2012Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
595439 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34739910 | USD |
| CY2012Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
15000000 | USD |
| CY2012Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
35058 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14964942 | USD |
| CY2013Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
40263316 | shares |
| CY2013Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.3850 | pure |
| CY2013Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2013Q1 | bcei |
Deferred Income Tax Expense Benefit Continuing Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingDiscontinuedOperations
|
7047744 | USD |
| CY2012Q1 | bcei |
Deferred Income Tax Expense Benefit Continuing Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingDiscontinuedOperations
|
5350031 | USD |
| CY2013Q1 | bcei |
Oil And Gas Properties Held For Sale Net
OilAndGasPropertiesHeldForSaleNet
|
572079 | USD |
| CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7058146 | USD |
| CY2012Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5307300 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-16616 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
68259 | USD |
| CY2012Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
288494 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-1097264 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-2089674 | USD |
| CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2089674 | USD |
| CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2012Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.3850 | pure |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
11255816 | USD |
| CY2012Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8546153 | USD |
