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9. NOTES PAYABLE (Details Narrative) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Deferred interest   $ 2,527
Deferred principal   $ 519
Number of warrant shares issued   3,100,000
Net proceeds from drilling activities   $ 1,593
Amortization of the deferred financing costs   148
Fees and expenses   13,500
Amortization of debt discount $ 5,576 4,418
Amortization of deferred financing costs   2,101
Interest expense 7,832 4,869
Unamortized debt discount 113 113
Unamortized debt discount and deferred financing costs 6,988 11,801
Debt premium 5,576 6,519
Payment of outstandng Initial Notes 0 863
Bridge Note Financing    
Accrued Interest   491
Principal and interest balance 475  
Interest expense 57 58
Unamortized debt premium 113 113
Additional PIK 48 48
MIE Jurassic Energy Corporation    
Interest expense 494 574
Loss on debt extinguishment   2,192
Available borrowings   $ 4,925
Subordinated Note Payable Assumed [Member]    
Balance owed with accrued interest 10,173  
Deferred interest 794  
Interest expense $ 1,164