CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 4,141	$ 2,825
Available for sale securities	82	183
Accounts receivable trade	6,074	5,182
Commodity risk management asset	220	472
Assets held for sale	15,377	17,051
Other current assets	247	302
Total current assets	26,141	26,015
Investment	2,213	2,264
Properties and equipment
Oil & gas properties under full cost method, net of $50,128 and $43,454 accumulated depletion, depreciation and amortization	80,591	85,634
Undeveloped mining claims	20,739	20,739
Property, plant and equipment, net	4,293	4,435
Net properties and equipment	105,623	110,808
Other assets	1,639	1,740
Total assets	135,616	140,827
Current liabilities:
Accounts payable	2,719	2,692
Accrued compensation	435	295
Commodity risk management liability	36	0
Current portion of debt	200	200
Liabilities held for sale	9,888	10,022
Other current liabilities	60	44
Total current liabilities	13,338	13,253
Long-term debt, net of current portion	10,000	10,000
Asset retirement obligations	741	686
Other accrued liabilities	734	771
Commitment and contingencies
Shareholders' equity
Common stock, $.01 par value; unlimited shares authorized; 27,682,602 and 27,652,602 shares issued, respectively	277	277
Additional paid-in capital	123,189	123,078
Accumulated deficit	(12,664)	(7,339)
Other comprehensive income	1	101
Total shareholders' equity	110,803	116,117
Total liabilities and shareholders' equity	$ 135,616	$ 140,827