Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 1,284		$ 473
Accounts receivable:
Revenue	1,822		1,815
Joint interest billings and other	612		713
Firm transportation contract obligations (note 13)	984	[1]	1,019	[1]
Due from related parties (note 14)	620	[2]	228	[2]
Prepaid expense, deposits and other current assets	123		85
Derivative assets	131		308
Total current assets	5,576		4,641
Oil and gas properties, full cost method of accounting:
Proved, net	34,031		48,890
Unevaluated	1,518		1,369
Net other property and equipment	286		287
Total property and equipment	35,835		50,546
Investments in affiliates (note 6)	1,241	[3]	1,126	[3]
Other long-term assets	1,263		1,869
Total assets	43,915		58,182
Current liabilities:
Accounts payable and accrued liabilities	4,493		5,856
Firm transportation contract obligations (note 13)	2,591	[1]	2,681	[1]
Total current liabilities	7,084		8,537
Non-current liabilities:
Asset retirement obligation (note 2)	2,211		2,149
Firm transportation contract obligations (note 13)	2,834	[1]	4,096	[1]
Notes payable (note 7)	13,788	[4]	8,758	[4]
Total non-current liabilities	18,833		15,003
Commitments (note 13)		[1]		[1]
Stockholders’ equity:
Preferred stock, $0.01 par value; authorized 1,000,000 shares, no shares issued and outstanding at June 30, 2012 and December 31, 2011
Common stock, $0.01 par value; authorized 200,000,000 shares, 115,795,405 and 114,185,405 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively	1,142		1,142
Additional paid-in capital	54,128		53,922
Non-controlling interests	3,165		4,884
Accumulated deficit	(40,437)		(25,306)
Total stockholders’ equity	17,998		34,642
Total liabilities and stockholders’ equity	$ 43,915		$ 58,182

[1] (note 13)

[2] (note 14)

[3] (note 6)

[4] (note 7)