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Commodity Price Risk Management (Tables)
 6 Months Ended
Jun. 30, 2013
Commodity Price Risk Management [Abstract]  
Commodity Derivative Contracts
Energy One's commodity derivative contracts as of June 30, 2013 are summarized below:
 
         
Quantity
      
Settlement Period
 
Counterparty
 
Basis
 
(Bbls/day)
 
Strike Price
 
                
Crude Oil Costless Collar
              
01/01/13 - 06/30/13
 
 Wells Fargo
 
 WTI
  200 
Put:
 $90.00 
            
Call:
 $105.75 
Crude Oil Costless Collar
                
04/01/13 - 06/30/13
 
 Wells Fargo
 
 WTI
  200 
Put:
 $90.00 
            
Call:
 $97.50 
Crude Oil Costless Collar
                
10/01/12 - 09/30/13
 
 BNP Paribas
 
 WTI
  200 
Put:
 $95.00 
            
Call:
 $116.60 
Crude Oil Costless Collar
                
07/01/13 - 09/30/13
 
 Wells Fargo
 
 WTI
  400 
Put:
 $90.00 
            
Call:
 $97.50 
Crude Oil Costless Collar
                
10/01/13 - 12/31/13
 
 Wells Fargo
 
 WTI
  600 
Put:
 $90.00 
            
Call:
 $97.50 
Crude Oil Costless Collar
                
01/01/14 - 06/30/14
 
 Wells Fargo
 
 WTI
  300 
Put:
 $90.00 
            
Call:
 $95.00 
Crude Oil Costless Collar
                
01/01/14 - 06/30/14
 
 Wells Fargo
 
 WTI
  300 
Put:
 $90.00 
            
Call:
 $97.25 
Fair Value of Derivatives Recorded in Applicable Consolidated Balance Sheet, By Category
The following table details the fair value of the derivatives recorded in the applicable condensed consolidated balance sheet, by category:
 
 
As of June 30, 2013
 
 
(in thousands)
 
 
Derivative Assets
 
Derivative Liabilities
 
 
Balance Sheet
 
Fair
 
Balance Sheet
 
Fair
 
 
Classification
 
Value
 
Classification
 
Value
 
            
Crude oil costless collars
Current Asset
 $220 
Current Liability
 $36