| Schedule Of Derivative Liabilities At Fair Value |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Zero Cost Collars – Oil (NYMEX)
|
|
|
|
|
|
|
|
|
|
Weighted Average
Contract Price |
|
|
Fair Value |
|
|
Termination Period
|
|
Notional
Quantity (Bbls)
|
|
|
Floor |
|
|
Ceiling |
|
|
Liability
(in thousands) |
|
|
2012:
|
|
2nd quarter |
|
|
364,000 |
|
|
$ |
75.00 |
|
|
$ |
97.88 |
|
|
$ |
2,603 |
|
| |
|
3rd quarter |
|
|
124,000 |
|
|
|
75.00 |
|
|
|
97.88 |
|
|
|
1,185 |
|
| |
|
4th quarter |
|
|
251,000 |
|
|
|
75.00 |
|
|
|
98.99 |
|
|
|
2,808 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
739,000 |
|
|
$ |
75.00 |
|
|
$ |
98.25 |
|
|
$ |
6,596 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule Of Derivative Liabilities At Fair Value |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Swaps – Oil (Brent)
|
|
|
Termination Period
|
|
Notional
Quantity (Bbls) |
|
|
Weighted Average
Contract Price
|
|
|
Fair Value
Liability
(in thousands) |
|
|
2012:
|
|
2nd quarter |
|
|
401,310 |
|
|
$ |
109.81 |
|
|
$ |
4,619 |
|
| |
|
3rd quarter |
|
|
414,000 |
|
|
|
107.28 |
|
|
|
4,884 |
|
| |
|
4th quarter |
|
|
257,600 |
|
|
|
107.28 |
|
|
|
2,543 |
|
|
2013:
|
|
1st quarter |
|
|
351,000 |
|
|
|
101.97 |
|
|
|
4,563 |
|
| |
|
2nd quarter |
|
|
336,700 |
|
|
|
101.97 |
|
|
|
3,714 |
|
| |
|
3rd quarter |
|
|
312,800 |
|
|
|
101.98 |
|
|
|
2,860 |
|
| |
|
4th quarter |
|
|
294,400 |
|
|
|
101.98 |
|
|
|
2,149 |
|
|
2014:
|
|
1st quarter |
|
|
180,000 |
|
|
|
97.38 |
|
|
|
1,793 |
|
| |
|
2nd quarter |
|
|
172,900 |
|
|
|
97.38 |
|
|
|
1,405 |
|
| |
|
3rd quarter |
|
|
165,600 |
|
|
|
97.38 |
|
|
|
1,066 |
|
| |
|
4th quarter |
|
|
156,400 |
|
|
|
97.37 |
|
|
|
754 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
3,042,710 |
|
|
$ |
103.16 |
|
|
$ |
30,350 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|