XML 30 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 89 $ 141
Accounts receivable 1,535 1,517
Accounts receivable - related party 705 993
Inventory 692 577
Deferred tax asset-current   264
Unrealized derivative asset-current 90  
Other assets- current 75 33
Total current assets 3,186 3,525
Restricted cash 121 121
Loan fees, net 121 99
Oil and gas properties, net (full cost accounting method) 16,303 14,157
Pipeline facilities, net 6,953 7,041
Methane project, net 4,859 4,394
Other property and equipment, net 382 308
Deferred tax asset-noncurrent 9,536 10,095
Unrealized derivative asset-noncurrent 140  
Other assets-noncurrent 37 9
Total assets 41,638 39,749
Liabilities and Stockholders' Equity    
Accounts payable - trade 774 550
Accounts payable - other 705 993
Accrued liabilities 542 571
Prepaid revenues - current 178 594
Current maturities of long-term debt 107 129
Unrealized derivative liability - current 104 687
Total current liabilities 2,410 3,524
Asset retirement obligation 1,454 1,437
Long term debt, less current maturities 11,134 9,564
Total liabilities 14,998 14,525
Stockholders' equity    
Common stock, $.001 par value; authorized 100,000,000 shares; 60,687,413 shares issued and outstanding 61 61
Additional paid -in capital 55,487 55,402
Accumulated deficit (28,908) (30,239)
Total stockholders' equity 26,640 25,224
Total liabilities and stockholders' equity $ 41,638 $ 39,749