CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 5,538	$ 2,825
Available for sale securities	75	183
Accounts receivable trade	5,792	5,182
Commodity risk management asset	62	472
Assets held for sale	0	17,051
Other current assets	453	302
Total current assets	11,920	26,015
Investment	2,224	2,264
Properties and equipment
Oil & gas properties under full cost method, net of $53,333 and $43,454 accumulated depletion, depreciation and amortization	84,513	85,634
Undeveloped mining claims	20,739	20,739
Property, plant and equipment, net	4,226	4,435
Net properties and equipment	109,478	110,808
Other assets	1,734	1,740
Total assets	125,356	140,827
Current liabilities:
Accounts payable	5,416	2,692
Accrued compensation	482	295
Commodity risk management liability	647	0
Current portion of debt	200	200
Liabilities held for sale	0	10,022
Other current liabilities	69	44
Total current liabilities	6,814	13,253
Long-term debt, net of current portion	7,000	10,000
Asset retirement obligations	775	686
Other accrued liabilities	746	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	123,249	123,078
Accumulated deficit	(13,498)	(7,339)
Other comprehensive (loss) income	(7)	101
Total shareholders' equity	110,021	116,117
Total liabilities and shareholders' equity	$ 125,356	$ 140,827