Consolidated Statements of Operations and Comprehensive Income (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues:
Oil and gas sales	$ 7,789	$ 5,515	$ 14,912	$ 11,543
Oilfield services	1,393	578	1,417	722
Total revenues	9,182	6,093	16,329	12,265
Operating costs and expenses:
Lease operating expenses	1,031	797	1,801	1,678
Exploration costs	4,054	1,162	6,931	1,524
Property impairment	0	515	0	515
Oilfield services costs	1,200	441	1,341	610
Depreciation, depletion and amortization	931	532	1,668	1,106
Accretion expense	17	19	34	39
Stock compensation	356	351	711	703
General and administrative	2,161	2,253	4,123	3,981
Total operating costs and expenses	9,750	6,070	16,609	10,156
Operating income (loss)	(568)	23	(280)	2,109
Other income (expense):
Interest expense	(435)	(162)	(1,035)	(318)
Interest and other income	56	17	108	22
Foreign exchange gain (loss)	3,494	(21,961)	10,288	(22,967)
Total other income (expense)	3,115	(22,106)	9,361	(23,263)
Net income (loss)	2,547	(22,083)	9,081	(21,154)
Other comprehensive income (loss)
Foreign currency translation adjustment	(2,332)	16,808	(6,809)	17,566
Comprehensive income (loss)	215	(5,275)	2,272	(3,588)
Basic (in dollars per share)	$ 0.05	$ (0.51)	$ 0.18	$ (0.49)
Diluted (in dollars per share)	$ 0.05	$ (0.51)	$ 0.18	$ (0.49)
Basic (in shares)	52,315	43,260	49,529	43,238
Dilutive effect of stock options	$ 0	$ 0	$ 0	$ 0
Diluted (in shares)	52,315	43,260	49,529	43,238