CONSOLIDATED BALANCE SHEET (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 3,772	$ 5,205
Accounts receivable:
Joint owners	5,648	15,493
Oil and gas production sales	15,308	16,625
Other	647	1,497
Total accounts receivable	21,603	33,615
Derivative asset	12,214	85
Other current assets	843	644
Total current assets	38,432	39,549
Oil and gas properties, full cost method of accounting:
Proved	716,922	564,755
Other property and equipment	40,683	38,959
Total	757,605	603,714
Less accumulated depreciation, depletion, and amortization	(434,726)	(423,069)
Total property and equipment, net	322,879	180,645
Deferred financing fees, net	2,216	2,140
Derivative asset	10,981	925
Other assets	391	391
Total assets	374,899	223,650
Current liabilities:
Accounts payable	63,549	52,793
Joint interest oil and gas production payable	14,423	23,810
Accrued interest	72	31
Other accrued expenses	1,006	1,231
Derivative liability	13	2,728
Current maturities of long-term debt	2,235	2,142
Total current liabilities	81,298	82,735
Long-term debt – less current maturities	76,554	41,790
Other liabilities	57	57
Derivative liability	0	2,274
Future site restoration	9,495	9,888
Total liabilities	167,404	136,744
Stockholders’ Equity:
Preferred stock, par value $.01 per share – authorized 1,000,000 shares; -0- shares issued and outstanding
Common stock, par value $.01 per share – authorized 200,000,000 shares; issued and outstanding 92,906,049 and 106,186,678	1,062	929
Additional paid-in capital	309,773	253,193
Accumulated deficit	(103,340)	(166,609)
Accumulated other comprehensive (loss)	0	(607)
Total stockholders’ equity	207,495	86,906
Total liabilities and stockholders’ equity	$ 374,899	$ 223,650