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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 2,512 $ 5,855
Available for sale securities 45 69
Accounts receivable trade 6,443 6,801
Commodity risk management asset 0 14
Other current assets 314 422
Total current assets 9,314 13,161
Properties and equipment    
Oil & gas properties under full cost method, net of $60,370 and $57,077 accumulated depletion, depreciation and amortization 91,603 86,922
Undeveloped mining claims 21,942 20,739
Property, plant and equipment, net 4,130 4,199
Net properties and equipment 117,675 111,860
Other assets 1,788 1,780
Total assets 128,777 126,801
Current liabilities:    
Accounts payable 5,841 6,167
Accrued compensation 423 580
Commodity risk management liability 439 280
Other current liabilities 143 164
Total current liabilities 6,846 7,191
Long-term debt, net of current portion 11,000 9,000
Asset retirement obligations 898 812
Other accrued liabilities 718 741
Commitments and contingencies      
Shareholders' equity    
Common stock, $.01 par value; unlimited shares authorized; 27,765,514 and 27,735,878 shares issued, respectively 278 277
Additional paid-in capital 123,542 123,510
Accumulated deficit (14,468) (14,718)
Other comprehensive loss (37) (12)
Total shareholders' equity 109,315 109,057
Total liabilities and shareholders' equity $ 128,777 $ 126,801