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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 514 $ 243
Accounts receivable:    
Revenue 2,779 2,551
Joint interest billings and other 498 627
Derivative Asset 147   
Prepaid expense, deposits and other current assets 159 95
Total current assets 4,097 3,516
Oil and gas properties, full cost method of accounting:    
Proved, net 41,471 39,033
Unevaluated 3,439 2,235
Other property and equipment, net 252 287
Total property and equipment, net 45,162 41,555
Investments in affiliates (note 5) 1,009 1,002
Other long-term assets 519 688
Total assets 50,787 46,761
Current liabilities:    
Accounts payable and accrued liabilities 7,318 6,605
Firm transportation contract obligations (note 12) 512 556
Derivative liabilities    226
Total current liabilities 7,830 7,387
Non-current liabilities:    
Derivative liability    100
Asset retirement obligations (note 2) 2,921 2,699
Firm transportation contract obligations (note 12) 965 1,340
Notes payable (note 6) 13,888 12,789
Total non-current liabilities 17,774 16,928
Commitments (note 12)      
Stockholders' equity:    
Preferred stock, $0.01 par value; authorized 1,000,000 shares, no shares issued and outstanding at September 30, 2014 and December 31, 2013      
Common stock, $0.01 par value; authorized 200,000,000 shares, 106,875,447 and 114,470,223 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively 1,069 1,145
Additional paid-in capital 52,770 55,029
Non-controlling interests 3,015 3,045
Accumulated deficit (31,671) (36,773)
Total stockholders' equity 25,183 22,446
Total liabilities and stockholders' equity $ 50,787 $ 46,761