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Dispositions | 12 Months Ended
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Dec. 31, 2013
Dispositions |
(3) | DISPOSITIONS
We recognized an aggregate gain on the sale of assets in continuing operations of $92.3 million in 2013 compared to $49.1 million in 2012 and $2.3 million in 2011. The following describes the significant divestitures that are included in continuing operations.
— | In April 2013, we completed the sale of our Delaware and Permian Basin properties in southeast New Mexico and West Texas for a price of $275.0 million and we recognized a pre-tax gain of $83.3 million, before selling expenses of $4.2 million.
— | In November 2012, we completed the sale of our Ardmore Woodford properties in Southern Oklahoma for cash proceeds of $135.0 million and we recognized a pre-tax gain of $55.2 million related to this sale.
— | During 2013, 2012 and 2011, we sold miscellaneous proved and unproved oil and gas properties, inventory, an equity method investment, surface and other property and equipment and recorded a pre-tax gain of $13.2 million in 2013, compared to a pre-tax loss of $6.1 million in 2012 and a pre-tax gain of $2.3 million in 2011.
Dispositions recorded in discontinued operations In August 2011, we completed the sale of our Barnett Shale properties located in North Central Texas for proceeds of $889.3 million, including certain derivative contracts assumed by the buyer. We recorded a pretax gain of $4.8 million in discontinued operations related to this sale. For more information on discontinued operations, see Note 4.

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References No definition available. + Details
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