Discontinued Operations

9 Months Ended

Sep. 30, 2011

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

NOTE 6 — DISCONTINUED OPERATIONS

On October 29, 2010, we entered into a definitive purchase and sale agreement for the sale of our 10.0% non-operated working interest in the Cinco Terry oil and gas properties located in Crockett County, Texas, which closed on October 29, 2010. See our 2010 annual report on Form 10-K, as amended, for details. The operating results of the Cinco Terry property for the three and nine months ended September 30, 2010 have been reclassified as discontinued operations in the consolidated statements of operations as detailed in the table below:

	Three months ended			Nine months ended
	September 30, 2010			September 30, 2010
	(in thousands)			(in thousands)
Oil and Gas Sales and other revenues	$	1,703		$	4,273
Operating expenses		(898	)		(2,287	)
Other income (expense)		(115	)		(341	)
Income from discontinued operations	$	690		$	1,645