CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Oil sales	$ 2,934	$ 7,949	$ 5,231	$ 15,523
Gas sales	269	872	600	1,353
NGL sales	82	307	133	508
Total Revenues	3,285	9,128	5,964	17,384
Operating expenses:
Oil and gas	2,021	2,586	3,873	4,558
Oil and gas depreciation, depletion and amortization	2,055	3,583	4,929	6,877
Impairment of oil and gas properties	3,208	0	22,448	0
Water treatment plant	455	452	913	909
Mineral holding costs	252	205	547	505
General and administrative	1,221	1,533	2,700	3,139
Total operating expenses	9,212	8,359	35,410	15,988
(Loss) income from operations	(5,927)	769	(29,446)	1,396
Other income and (expenses):
Realized (loss) on risk management activities	(25)	(374)	(139)	(532)
Unrealized (loss) on risk management activities	(272)	(238)	(335)	(411)
Gain on the sale of assets	0	0	16	28
Miscellaneous income	9	47	48	68
Interest income	1	1	2	2
Interest expense	(66)	(149)	(129)	(245)
Total other income and (expenses)	(353)	(713)	(537)	(1,090)
(Loss) income before income taxes	(6,280)	56	(29,983)	306
Income taxes:
Current (provision for)	0	0	0	0
Deferred benefit from	0	0	0	0
Total income taxes	0	0	0	0
Net (loss) income	$ (6,280)	$ 56	$ (29,983)	$ 306
(Loss) income per share basic and diluted	$ (0.22)	$ 0	$ (1.07)	$ 0.01
Weighted average shares outstanding
Basic (in shares)	28,047,661	27,785,280	28,047,661	27,761,837
Diluted (in shares)	28,047,661	28,237,883	28,047,661	28,195,116