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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 2,643,508$ 625,854
Accounts receivable, net of allowance for doubtful accounts716,750598,391
Prepaid expenses and other current assets83,163213,071
Loan receivable, net of allowance for loan receivable00
Total current assets3,443,4211,437,316
Property and equipment, at cost:  
Oil and gas properties (full-cost method)2,377,0412,222,535
Pipelines4,342,4804,659,686
Onshore separation and handling facilities1,344,4551,919,402
Land473,225860,275
Other property and equipment557,374503,813
Total property and equipment, at cost9,094,57510,165,711
Less: Accumulated depletion, depreciation and amortization5,233,2435,630,730
Total property and equipment, net3,861,3324,534,981
Loan receivable, net of allowance for loan receivable00
Other assets9,4639,463
Total assets7,314,2165,981,760
Current liabilities:  
Accounts payable463,094543,327
Note payable - insurance0124,936
Asset retirement obligations, current portion138,538192,470
Accrued expenses and other current liabilities39,5982,142
Total current liabilities641,230862,875
Long-term liabilities:  
Asset retirement obligations, net of current portion2,351,9752,535,386
Total liabilities2,993,2053,398,261
Commitments and contingencies  
Stockholders' equity:  
Common stock ($0.01 par value, 100,000,000 shares authorized, 2,098,390 and 2,078,514 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively)20,98420,785
Additional paid-in capital33,753,06133,693,260
Accumulated deficit(29,453,034)(31,130,546)
Total stockholders' equity4,321,0112,583,499
Total liabilities and stockholders' equity$ 7,314,216$ 5,981,760