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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 7,751 $ 5,812
Marketable securities    
Held to maturity - treasuries 1,106 17,843
Available for sale securities 937 1,364
Accounts receivable    
Trade 3,821 3,890
Reimbursable project costs 408 114
Income taxes 104 104
Assets held for sale 20,979 20,979
Other current assets 467 456
Total current assets 35,573 50,562
INVESTMENT 2,705 2,834
PROPERTIES AND EQUIPMENT:    
Oil & gas properties under full cost method, net of $20,469 and $14,563 accumulated depletion, depreciation and amortization 88,696 70,374
Undeveloped mining claims 20,771 21,077
Property, plant and equipment, net 9,069 9,336
Net properties and equipment 118,536 100,787
OTHER ASSETS 2,021 1,833
Total assets 158,835 156,016
CURRENT LIABILITIES:    
Accounts payable 10,148 14,830
Accrued compensation 801 1,669
Commodity risk management liability 827 1,725
Current portion of debt 200 200
Liabilities held for sale 10,236 323
Other current liabilities 55 16
Total current liabilities 22,267 18,763
LONG-TERM DEBT, net of current portion 3,400 400
DEFERRED TAX LIABILITY 3,142 5,015
ASSET RETIREMENT OBLIGATIONS 447 303
OTHER ACCRUED LIABILITIES 895 847
SHAREHOLDERS' EQUITY:    
Common stock, $.01 par value; unlimited shares authorized; 27,239,391 and 27,068,610 shares issued, respectively 272 271
Additional paid-in capital 121,616 121,062
Accumulated surplus 6,429 8,713
Unrealized gain on marketable securities 367 642
Total shareholders' equity 128,684 130,688
Total liabilities and shareholders' equity $ 158,835 $ 156,016