Note 6 - Asset Retirement Obligation (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of Asset Retirement Obligations [Table Text Block]

Asset Category	Asset Retirement Obligation Liability			Estimated Life (years)
Oil and gas producing properties	$	5	(1)		15

(1) This is a Level III fair value measurement.

Schedule of Change in Asset Retirement Obligation [Table Text Block]

Asset retirement obligation at beginning of period	$	4
Additions during the period		1
Disposals during the period		-
Revisions of estimates		-
Accretion expense		-
Asset retirement obligation at end of period	$	5