Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Property, Plant and Equipment

The following table sets forth the Company’s property, plant and equipment:


	December 31,
	2012			2011
	(In thousands)
Proved oil and gas properties	$	2,271,711		$	1,152,532
Less: Accumulated depreciation, depletion, amortization and impairment		(383,564	)		(174,948	)

Proved oil and gas properties, net		1,888,147			977,584
Unproved oil and gas properties		76,417			82,825
Other property and equipment		49,732			20,859
Less: Accumulated depreciation		(7,696	)		(1,313	)

Other property and equipment, net		42,036			19,546

Total property, plant and equipment, net	$	2,006,600		$	1,079,955

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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