CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 4,010	$ 5,855
Available for sale securities	25	69
Accounts receivable trade	3,177	6,801
Commodity risk management asset	0	14
Other current assets	288	422
Total current assets	7,500	13,161
Oil and gas properties under full cost method,
Proved oil and properties	147,486	136,521
Unproved oil and gas properties	10,188	7,478
Exploratory wells in progress	2,357	0
Less accumulated depreciation depletion and amortization	(71,762)	(57,077)
Net book value	88,269	86,922
Undeveloped mining claims	21,942	20,739
Property, plant and equipment, net of accumulated depreciation of $4,404 and $4,135	3,942	4,199
Other assets	1,870	1,780
Total assets	123,523	126,801
Current liabilities:
Accounts payable	7,441	6,167
Accrued compensation	441	580
Commodity risk management liability	0	280
Other current liabilities	84	164
Total current liabilities	7,966	7,191
Noncurrent liabilities:
Long-term debt, net of current portion	6,000	9,000
Asset retirement obligations	1,133	812
Other accrued liabilities	1,029	741
Total noncurrent liabilities	8,162	10,553
Commitments and contingencies:
Shareholders' equity:
Common stock, $.01 par value; unlimited shares authorized; 28,047,661 and 27,735,878 shares issued, respectively	280	277
Additional paid-in capital	123,980	123,510
Accumulated deficit	(16,809)	(14,718)
Other comprehensive loss	(56)	(12)
Total shareholders' equity	107,395	109,057
Total liabilities and shareholders' equity	$ 123,523	$ 126,801