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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 68 $ 141
Accounts receivable 1,579 1,517
Accounts receivable-related party 265 993
Inventory 823 577
Deferred tax asset-current 164 264
Commodity derivative asset-current 142  
Other current assets 79 42
Total current assets 3,120 3,534
Restricted cash 121 121
Loan fees, net 82 99
Oil and gas properties, net (full cost accounting method) 20,206 14,157
Pipeline facilities, net 6,865 7,041
Methane project, net 5,102 4,394
Other property and equipment, net 426 308
Deferred tax asset-noncurrent 10,077 10,095
Total assets 45,999 39,749
Liabilities and Stockholders' Equity    
Accounts payable-trade 1,203 550
Accounts payable other 265 993
Accrued liabilities 710 571
Prepaid revenues- current   594
Current maturities of long-term debt 103 129
Commodity derivative liability-current   687
Total current liabilities 2,281 3,524
Asset retirement obligation 1,927 1,437
Long term debt, less current maturities 11,694 9,564
Total liabilities 15,902 14,525
Stockholders' equity    
Common stock, $.001 par value: authorized 100,000,000 Shares;60,737,413 and 60,687,413 shares issued and outstanding 61 61
Additional paid in capital 55,595 55,402
Accumulated deficit (25,559) (30,239)
Total stockholders' equity 30,097 25,224
Total liabilities and stockholders' equity $ 45,999 $ 39,749