Annual report pursuant to Section 13 and 15(d)

Equity Investments (Tables)

v2.4.0.6
Equity Investments (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]  
Investments Accounted For By The Equity Method
Investments accounted for by the equity method consist of the following as of December 31, 2012 and 2011:
 
 
December 31,
 
2012
 
2011
Investment in Tatex Thailand II, LLC
$
203,000

 
$
1,030,000

Investment in Tatex Thailand III, LLC
8,657,000

 
8,282,000

Investment in Grizzly Oil Sands ULC
172,766,000

 
69,008,000

Investment in Bison Drilling and Field Services LLC
13,518,000

 
6,366,000

Investment in Muskie Holdings LLC
7,320,000

 
2,138,000

Investment in Timber Wolf Terminals LLC
878,000

 

Investment in Windsor Midstream LLC
9,503,000

 

Investment in Stingray Pressure Pumping LLC
13,265,000

 

Investment in Stingray Cementing LLC
3,110,000

 

Investment in Blackhawk Midstream LLC

 

Investment in Stingray Logistics LLC
947,000

 

Investment in Diamondback Energy LLC
151,317,000

 

 
$
381,484,000

 
$
86,824,000

Grizzly Oil Sands ULC [Member]
 
Schedule of Equity Method Investments [Line Items]  
Investments Accounted For By The Equity Method
The tables below summarize financial information for Grizzly as of December 31, 2012, 2011 and 2010:
Summarized balance sheet information:
 
December 31,
 
2012
 
2011
 
Current assets
$
30,098,000

 
$
21,247,000

 
Noncurrent assets
$
720,550,000

 
$
284,361,000

 
Current liabilities
$
42,547,000

 
$
25,984,000

 
Noncurrent liabilities
$
14,515,000

 
$
1,780,000

 
Summarized results of operations:
 
December 31,
 
2012
 
2011
 
2010
Gross revenue
$

 
$

 
$

Net loss
$
6,050,000

 
$
6,605,000

 
$
3,234,000

Diamondback Energy LLC [Member]
 
Schedule of Equity Method Investments [Line Items]  
Investments Accounted For By The Equity Method
The tables below summarize financial information for Diamondback as of December 31, 2012, 2011 and 2010:
Summarized balance sheet information:
 
December 31,
 
2012
 
2011
Current assets
$
50,275,000

 
$
30,812,000

Noncurrent assets
$
556,426,000

 
$
232,766,000

Current liabilities
$
79,232,000

 
$
42,298,000

Noncurrent liabilities
$
65,401,000

 
$
92,243,000


Summarized results of operations:

 
December 31,
 
2012
 
2011
 
2010
Gross revenue
$
74,962,000

 
$
49,366,000

 
$
27,253,000

Income from operations
$
17,307,000

 
$
15,147,000

 
$
9,181,000

Net income (loss)
$
(36,521,000
)
 
$
(386,000
)
 
$
8,231,000