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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 5,855 $ 2,825
Available for sale securities 69 183
Accounts receivable trade 6,801 5,182
Commodity risk management asset 14 472
Assets held for sale 0 17,051
Other current assets 422 302
Total current assets 13,161 26,015
Investment 0 2,264
Properties and equipment    
Oil & gas properties under full cost method, net of $57,077 and $43,454 accumulated depletion, depreciation and amortization 86,922 85,634
Undeveloped mining claims 20,739 20,739
Property, plant and equipment, net 4,199 4,435
Net properties and equipment 111,860 110,808
Other assets 1,780 1,740
Total assets 126,801 140,827
Current liabilities:    
Accounts payable 6,167 2,692
Accrued compensation 580 295
Commodity risk management liability 280 0
Current portion of debt 0 200
Liabilities held for sale 0 10,022
Other current liabilities 164 44
Total current liabilities 7,191 13,253
Long-term debt, net of current portion 9,000 10,000
Asset retirement obligations 812 686
Other accrued liabilities 741 771
Commitments and contingencies (Note L)      
Shareholders' equity    
Common stock, $.01 par value; unlimited shares authorized; 27,735,878 and 27,652,602 shares issued, respectively 277 277
Additional paid-in capital 123,510 123,078
Accumulated deficit (14,718) (7,339)
Other comprehensive (loss) income (12) 101
Total shareholders' equity 109,057 116,117
Total liabilities and shareholders' equity $ 126,801 $ 140,827