2013 Form 10-K Financial Statement

#000156459014000736 Filed on March 13, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $169.3M $53.55M $37.63M
YoY Change -13.31% -20.98% 0.75%
Cost Of Revenue $36.60M $8.720M $5.940M
YoY Change 37.08% -22.28% 32.89%
Gross Profit $132.7M $44.83M $31.69M
YoY Change -21.29% -20.73% -3.62%
Gross Profit Margin 78.38% 83.72% 84.21%
Selling, General & Admin $14.60M $3.370M $2.920M
YoY Change 8.96% 22.55% -56.02%
% of Gross Profit 11.0% 7.52% 9.21%
Research & Development $23.90M $36.00M $700.0K
YoY Change -41.71% 1582.24% -44.44%
% of Gross Profit 18.01% 80.3% 2.21%
Depreciation & Amortization $16.93M $3.200M $4.800M
YoY Change -14.99% -58.97% -7.69%
% of Gross Profit 12.76% 7.14% 15.15%
Operating Expenses $55.50M $42.57M $8.480M
YoY Change -25.4% 235.73% -35.07%
Operating Profit $77.23M $2.261M $15.59M
YoY Change -10.82% -94.85% -21.32%
Interest Expense $100.0K $40.00K $40.00K
YoY Change 0.0% -20.0% -20.0%
% of Operating Profit 0.13% 1.77% 0.26%
Other Income/Expense, Net -$38.00K -$140.0K $9.000K
YoY Change -106.8% -173.68% -98.71%
Pretax Income -$17.65M $2.160M $15.60M
YoY Change -69.03% -94.48% -24.15%
Income Tax $34.12M $21.07M $14.19M
% Of Pretax Income 975.46% 90.95%
Net Earnings $43.07M -$18.92M $106.0K
YoY Change 6725.99% -316.94% -95.58%
Net Earnings / Revenue 25.44% -35.33% 0.28%
Basic Earnings Per Share $0.75 -$0.33 $0.00
Diluted Earnings Per Share $0.74 -$0.32 $0.00
COMMON SHARES
Basic Shares Outstanding 57.30M 57.85M
Diluted Shares Outstanding 57.93M 58.95M

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $130.5M $130.8M $136.3M
YoY Change -0.23% -4.6% 21.05%
Cash & Equivalents $130.5M $130.8M $136.3M
Short-Term Investments
Other Short-Term Assets $14.70M $4.463M $6.300M
YoY Change 250.0% 27.51% 3.28%
Inventory $500.0K $1.000M $2.700M
Prepaid Expenses
Receivables $17.30M $8.700M $20.30M
Other Receivables $4.400M $4.400M $3.000M
Total Short-Term Assets $167.5M $149.1M $168.6M
YoY Change 12.34% -8.46% 13.23%
LONG-TERM ASSETS
Property, Plant & Equipment $138.5M $106.6M $114.3M
YoY Change 29.92% 6.82% 11.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.200M $12.20M $12.20M
YoY Change -81.97% 0.0% 0.0%
Total Long-Term Assets $140.7M $118.8M $126.5M
YoY Change 18.33% 5.99% 10.29%
TOTAL ASSETS
Total Short-Term Assets $167.5M $149.1M $168.6M
Total Long-Term Assets $140.7M $118.8M $126.5M
Total Assets $308.2M $268.0M $295.1M
YoY Change 15.0% -2.57% 11.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.300M $14.70M $25.50M
YoY Change -77.55% 3575.0% 13.84%
Accrued Expenses
YoY Change
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 $45.80M $45.06M $25.50M
YoY Change 1.55% 79.53% 13.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.50M $10.40M $12.50M
YoY Change 10.58% -38.46% -27.33%
Total Long-Term Liabilities $11.50M $10.40M $12.50M
YoY Change 10.58% -38.46% -27.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.80M $45.06M $25.50M
Total Long-Term Liabilities $11.50M $10.40M $12.50M
Total Liabilities $57.30M $55.43M $41.10M
YoY Change 3.43% 20.76% -5.52%
SHAREHOLDERS EQUITY
Retained Earnings $181.4M
YoY Change
Common Stock $6.314M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $23.98M
YoY Change
Treasury Stock Shares $5.258M
Shareholders Equity $250.9M $212.5M $254.1M
YoY Change
Total Liabilities & Shareholders Equity $308.2M $268.0M $295.1M
YoY Change 15.0% -2.56% 11.95%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $43.07M -$18.92M $106.0K
YoY Change 6725.99% -316.94% -95.58%
Depreciation, Depletion And Amortization $16.93M $3.200M $4.800M
YoY Change -14.99% -58.97% -7.69%
Cash From Operating Activities $75.40M $49.20M $16.80M
YoY Change -19.75% 39.38% 27.27%
INVESTING ACTIVITIES
Capital Expenditures $66.88M -$28.40M -$16.30M
YoY Change -7.0% 215.56% 39.32%
Acquisitions
YoY Change
Other Investing Activities -$1.100M $0.00 $0.00
YoY Change -1200.0% -100.0%
Cash From Investing Activities -$67.94M -$28.30M -$16.40M
YoY Change -5.42% 201.06% 41.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.727M
YoY Change 131.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.727M -26.30M -2.000M
YoY Change -72.85% 1923.08% -44.44%
NET CHANGE
Cash From Operating Activities 75.40M 49.20M 16.80M
Cash From Investing Activities -67.94M -28.30M -16.40M
Cash From Financing Activities -7.727M -26.30M -2.000M
Net Change In Cash -270.0K -5.400M -1.600M
YoY Change -95.74% -121.95% -20.0%
FREE CASH FLOW
Cash From Operating Activities $75.40M $49.20M $16.80M
Capital Expenditures $66.88M -$28.40M -$16.30M
Free Cash Flow $8.522M $77.60M $33.10M
YoY Change -61.34% 75.17% 32.93%

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CapitalExpendituresIncurredButNotYetPaid
13440000
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9814000
CY2011 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6450000
CY2012 egy Receivable From Employees For Stock Option Exercise
ReceivableFromEmployeesForStockOptionExercise
173000
CY2013 us-gaap Nature Of Operations
NatureOfOperations
<div> <div align="left"><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;margin-left:0%;margin-right:0%"><tr><td valign="top" style="width:4.54%;white-space:nowrap"><p style="margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td><td valign="top" style="width:95.46%;"><p style="margin-bottom:0pt;margin-top:0pt;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">ORGANIZATION </font></p></td></tr></table></div><p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">VAALCO Energy, Inc., a Delaware corporation, is a Houston-based independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. As used herein, the terms &#8220;Company&#8221; and &#8220;VAALCO&#8221; mean VAALCO Energy, Inc. and its subsidiaries, unless the context otherwise requires. VAALCO owns producing properties and conducts exploration activities as operator of consortiums internationally in Gabon and Angola and has conducted exploration activities as a non-operator in</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Equatorial Guinea, West Africa. Domestically, the Company has interests in Texas, Montana, South Dakota, Alabama, and the Louisiana Gulf Coast area. </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:4.54%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">VAALCO&#8217;s international subsidiaries are VAALCO Gabon (Etame), Inc., VAALCO Production (Gabon), Inc., VAALCO Angola (Kwanza), Inc., VAALCO UK (North Sea), Ltd., VAALCO International, Inc., VAALCO Energy (EG), Inc. and VAALCO Energy Mauritius (EG) Limited. VAALCO Energy (USA), Inc. holds interests in properties located in the United States. </font></p></div>
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:12pt;margin-left:4.54%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="text-decoration:underline;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">Use of Estimates in Financial Statement Preparation</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%"> - The preparation of financial statements in conformity with generally accepted accounting principles requires estimates and assumptions that affect the reported amounts of assets and liabilities as well as certain disclosures. The Company&#8217;s consolidated financial statements include amounts that are based on management&#8217;s best estimates and judgments. Actual results could differ from those estimates. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:4.54%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">Estimates of oil and gas reserves used in the consolidated financial statements to estimate depletion expense and impairment charges require extensive judgments and are generally less precise than other estimates made in connection with financial disclosures. The Company considers its estimates to be reasonable; however, due to inherent uncertainties and the limited nature of data, estimates are imprecise and subject to change over time as additional information become available. </font></p></div>
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6069000
CY2013 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1562000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7631000
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4448000
CY2012 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1621000
CY2013 egy Cash And Cash Equivalents Maturity Description
CashAndCashEquivalentsMaturityDescription
three months or less
CY2013Q4 egy Bank Guarantees For Customs Clearance
BankGuaranteesForCustomsClearance
2400000
CY2012Q4 egy Bank Guarantees For Customs Clearance
BankGuaranteesForCustomsClearance
2400000
CY2013Q4 us-gaap Escrow Deposit
EscrowDeposit
800000
CY2012Q4 us-gaap Escrow Deposit
EscrowDeposit
800000
CY2013Q4 egy Fund Secure For Drilling Obligations
FundSecureForDrillingObligations
10000000
CY2012Q4 egy Fund Secure For Drilling Obligations
FundSecureForDrillingObligations
10000000
CY2013 egy Cash Equivalent Maturity Description
CashEquivalentMaturityDescription
not exceeding 90 days
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-100000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
400000
CY2011 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4065000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1836000
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
877000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
97000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4927000
CY2013Q4 egy Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingNumber
3459000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
4854000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.12
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.55
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.25
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.51
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.95
CY2013Q4 egy Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageExercisePrice
6.58
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
6.95
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M24D
CY2013 egy Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm
P4Y29D
CY2013 egy Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageRemainingContractualTerm
P0Y
CY2013 egy Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageRemainingContractualTerm
P3Y6M26D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M6D
CY2013 egy Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingWeightedAverageRemainingContractualTerm
P2Y5M9D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y10M6D
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2810000
CY2013Q4 egy Share Based Compensation Arrangement By Share Based Payment Award Options Vested Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedOutstandingAggregateIntrinsicValue
2660000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2810000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1024000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1169000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.45
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.49
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.09
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.62
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.12
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
759000
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
302000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1201000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3267000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
859000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.51
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y6M
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.003
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.65
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y6M
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.005
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.47
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y6M
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2013 egy Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisablePeriod
P5Y
CY2013 egy Share Based Compensation Arrangement By Share Based Payment Award Award Remainder Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRemainderVestingPeriod
P3Y
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1523713
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
0
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2600000
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3700000
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3300000
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1900000
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
626091
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1158717
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
925050
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3508865
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1018900
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1169064
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
34115000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
81813000
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
93468000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
CY2013Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
31440000
CY2012Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
30619000
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
55908000
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
23836000
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1349000
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1349000
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
42688000
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
38782000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
4012000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
3629000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3300000
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2731000
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
138697000
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
100946000
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
137348000
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
99597000
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1349000
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1349000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-17649000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-56979000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-16282000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
94836000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
144131000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
150312000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
27015000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
30503000
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46911000
CY2013 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
-2072000
CY2012 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
25266000
CY2011 us-gaap Income Tax Reconciliation Tax Settlements Foreign
IncomeTaxReconciliationTaxSettlementsForeign
28414000
CY2013 us-gaap Income Tax Reconciliation Tax Settlements Other
IncomeTaxReconciliationTaxSettlementsOther
973000
CY2012 us-gaap Income Tax Reconciliation Tax Settlements Other
IncomeTaxReconciliationTaxSettlementsOther
2370000
CY2013 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
28027000
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
0
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
0
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2889000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
37752000
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
23675000
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
22038000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1526000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1006000
CY2013 egy Increase In Deferred Tax Assets Tax Credit Carryforwards Foreign
IncreaseInDeferredTaxAssetsTaxCreditCarryforwardsForeign
28000000
CY2012 egy Period Of Charter
PeriodOfCharter
P2Y
CY2012 egy Percentage Of Share In Charter Payment
PercentageOfShareInCharterPayment
0.281
CY2013Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
25843000
CY2013Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
25843000
CY2013Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
25914000
CY2013Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
25843000
CY2013Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
25843000
CY2013Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
51757000
CY2013Q4 us-gaap Contractual Obligation
ContractualObligation
181043000
CY2013 egy Contractual Obligation Company Share Due In Next Twelve Months
ContractualObligationCompanyShareDueInNextTwelveMonths
7255000
CY2013 egy Contractual Obligation Company Share Due In Second Year
ContractualObligationCompanyShareDueInSecondYear
7255000
CY2013 egy Contractual Obligation Company Share Due In Third Year
ContractualObligationCompanyShareDueInThirdYear
7275000
CY2013 egy Contractual Obligation Company Share Due In Fourth Year
ContractualObligationCompanyShareDueInFourthYear
7255000
CY2013 egy Contractual Obligation Company Share Due In Fifth Year
ContractualObligationCompanyShareDueInFifthYear
7255000
CY2013 egy Contractual Obligation Company Share Due After Fifth Year
ContractualObligationCompanyShareDueAfterFifthYear
14530000
CY2013 egy Contractual Obligation Company Share
ContractualObligationCompanyShare
50825000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7927000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
5963000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3962000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
434000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
36000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
217000
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
18539000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due Current
OperatingLeasesFutureMinimumPaymentsCompanyShareDueCurrent
2697000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due In Two Years
OperatingLeasesFutureMinimumPaymentsCompanyShareDueInTwoYears
2121000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due In Three Years
OperatingLeasesFutureMinimumPaymentsCompanyShareDueInThreeYears
1422000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due In Four Years
OperatingLeasesFutureMinimumPaymentsCompanyShareDueInFourYears
434000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due In Five Years
OperatingLeasesFutureMinimumPaymentsCompanyShareDueInFiveYears
36000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due Thereafter
OperatingLeasesFutureMinimumPaymentsCompanyShareDueThereafter
217000
CY2013 egy Operating Leases Future Minimum Payments Company Share Due
OperatingLeasesFutureMinimumPaymentsCompanyShareDue
6927000
CY2013Q4 egy Guarantee Obligations Current Fair Value
GuaranteeObligationsCurrentFairValue
1100000
CY2012Q4 egy Guarantee Obligations Current Fair Value
GuaranteeObligationsCurrentFairValue
1200000
CY2011 egy Charter Fee Per Barrel For Production Level One
CharterFeePerBarrelForProductionLevelOne
0.25
CY2013 egy Charter Fee Per Barrel For Production Level One
CharterFeePerBarrelForProductionLevelOne
0.93
CY2013 egy Charter Fee Per Barrel For Production Level Two
CharterFeePerBarrelForProductionLevelTwo
2.50
CY2013 egy Charter Expenses
CharterExpenses
10400000
CY2012 egy Charter Expenses
CharterExpenses
9700000
CY2011 egy Charter Expenses
CharterExpenses
7300000
CY2013 us-gaap Lease Operating Expense
LeaseOperatingExpense
4100000
CY2012 us-gaap Lease Operating Expense
LeaseOperatingExpense
4400000
CY2011 us-gaap Lease Operating Expense
LeaseOperatingExpense
3600000
CY2013Q4 egy Number Of Exploration Wells Drilling Required To Pay Remaining Obligation
NumberOfExplorationWellsDrillingRequiredToPayRemainingObligation
CY2010Q4 egy Extended Drilling Period
ExtendedDrillingPeriod
P1Y
CY2012Q3 egy Extended Drilling Period
ExtendedDrillingPeriod
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CY2013Q4 us-gaap Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
5000000
CY2013Q4 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
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RestrictedCashAndCashEquivalents
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CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
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CY2011Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Of One Year Or Less
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess
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CY2013Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
16700000
CY2012Q4 us-gaap Capitalized Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
8100000
CY2013Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
16700000
CY2012Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
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CY2011Q4 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
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CY2013Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
2
CY2012Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
1
CY2011Q4 us-gaap Projects That Have Exploratory Well Costs That Have Been Capitalized For Period Greater Than One Year
ProjectsThatHaveExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear
1
CY2013 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
182500
CY2012 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
204000
CY2011 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
172000
CY2013Q4 egy Number Of Wells
NumberOfWells
2
CY2012 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-5744000
CY2013 us-gaap Long Lived Assets To Be Abandoned Timing Of Expected Disposition
LongLivedAssetsToBeAbandonedTimingOfExpectedDisposition
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CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2010Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
13425000
CY2013 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
643000
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
814000
CY2011 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1014000
CY2013 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
453000
CY2012 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
770000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-18917000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2011 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
96000
CY2013 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0
CY2011 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-7000
CY2013Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
11464000
CY2013 egy Abandonment Cost Related To Annual Funding
AbandonmentCostRelatedToAnnualFunding
10100000
CY2013 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
53691000
CY2012 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
46366000
CY2011 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
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CY2011Q4 us-gaap Noncurrent Assets
NoncurrentAssets
99848000
CY2011Q4 us-gaap Assets
Assets
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CY2012 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
7600000
CY2013Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
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CY2013Q2 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
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CY2013Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
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CY2013Q4 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
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CY2013Q1 us-gaap Costs And Expenses
CostsAndExpenses
22634000
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
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CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
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CY2013Q4 us-gaap Costs And Expenses
CostsAndExpenses
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CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2013Q1 us-gaap Profit Loss
ProfitLoss
7188000
CY2013Q2 us-gaap Profit Loss
ProfitLoss
7121000
CY2013Q3 us-gaap Profit Loss
ProfitLoss
2386000
CY2013Q4 us-gaap Profit Loss
ProfitLoss
26377000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.4
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.4
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2012Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
45286000
CY2012Q2 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
58818000
CY2012Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
37630000
CY2012Q4 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
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CY2012Q1 us-gaap Costs And Expenses
CostsAndExpenses
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CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
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CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
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CY2012Q4 us-gaap Costs And Expenses
CostsAndExpenses
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CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2012Q1 us-gaap Profit Loss
ProfitLoss
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CY2012Q2 us-gaap Profit Loss
ProfitLoss
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CY2012Q3 us-gaap Profit Loss
ProfitLoss
1412000
CY2012Q4 us-gaap Profit Loss
ProfitLoss
-18917000
CY2012Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1509000
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1893000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
-155681000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
-164142000
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1306000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
-186982000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
-89708000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
-155344000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
-182001000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
9018000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
10424000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
106000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2013Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
88194000
CY2012Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
66794000
CY2011Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
46047000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
733761000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
784906000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
636820000
CY2013Q4 us-gaap Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
222032000
CY2012Q4 us-gaap Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
195329000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
-226681000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
-206684000
CY2011Q4 us-gaap Capitalized Costs Asset Retirement Costs
CapitalizedCostsAssetRetirementCosts
182820000
CY2013Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
310226000
CY2012Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
262123000
CY2011Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
228867000
CY2013Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
171854000
CY2012Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
155681000
CY2011Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
129166000
CY2013Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
138372000
CY2012Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
106442000
CY2011Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
99701000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
-183233000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
187594000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
209239000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
208198000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
50158000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
56337000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
42011000
CY2013 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
137436000
CY2012 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
152902000
CY2011 us-gaap Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
166187000
CY2012Q4 us-gaap Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
152902000
CY2011Q4 us-gaap Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
166187000
CY2010Q4 us-gaap Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
124824000
CY2013 us-gaap Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
132662000
CY2012 us-gaap Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
168563000
CY2011 us-gaap Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
183705000
CY2013 us-gaap Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-52056000
CY2012 us-gaap Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-11223000
CY2011 us-gaap Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
194633000
CY2013 us-gaap Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
43815000
CY2012 us-gaap Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
155111000
CY2011 us-gaap Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
75713000
CY2013 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
29620000
CY2012 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
69092000
CY2011 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
7742000
CY2013 us-gaap Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-5345000
CY2012 us-gaap Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-67834000
CY2011 us-gaap Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-5831000
CY2013 us-gaap Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
44389000
CY2012 us-gaap Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
34944000
CY2011 us-gaap Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
31913000
CY2013 us-gaap Accretion Of Discount
AccretionOfDiscount
15290000
CY2012 us-gaap Accretion Of Discount
AccretionOfDiscount
16619000
CY2011 us-gaap Accretion Of Discount
AccretionOfDiscount
12482000
CY2013 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
26120000
CY2012 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
7445000
CY2011 us-gaap Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
4455000
CY2013 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
15363000
CY2012 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-48876000
CY2011 us-gaap Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-96039000
CY2013Q4 us-gaap Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
137436000
CY2013 us-gaap Results Of Operations Dry Hole Costs
ResultsOfOperationsDryHoleCosts
23900000
CY2012 us-gaap Results Of Operations Dry Hole Costs
ResultsOfOperationsDryHoleCosts
37300000
CY2011 us-gaap Results Of Operations Dry Hole Costs
ResultsOfOperationsDryHoleCosts
100000
CY2013 egy Percentage Of Working Interest Acquired
PercentageOfWorkingInterestAcquired
0.31
CY2013 us-gaap Significant Costs Incurred To Acquire Mineral Interest Of Proved Reserves
SignificantCostsIncurredToAcquireMineralInterestOfProvedReserves
10000000
CY2013 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
5200000
CY2012 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
4700000
CY2011 us-gaap Costs Incurred Asset Retirement Obligation Incurred
CostsIncurredAssetRetirementObligationIncurred
10400000
CY2013 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
52800000
CY2013 egy Development Cost To Company
DevelopmentCostToCompany
14800000

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