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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 4,254 $ 5,855
Available for sale securities 41 69
Accounts receivable trade 6,460 6,801
Commodity risk management asset 0 14
Other current assets 215 422
Total current assets 10,970 13,161
Properties and equipment    
Oil and gas properties under full cost method, net of $63,954 and $57,077 accumulated depletion, depreciation and amortization 85,824 86,922
Undeveloped mining claims 21,942 20,739
Property, plant and equipment, net 4,073 4,199
Net properties and equipment 111,839 111,860
Other assets 1,825 1,780
Total assets 124,634 126,801
Current liabilities:    
Accounts payable 4,209 6,167
Accrued compensation 518 580
Commodity risk management liability 677 280
Other current liabilities 129 164
Total current liabilities 5,533 7,191
Long-term debt, net of current portion 8,000 9,000
Asset retirement obligations 959 812
Other accrued liabilities 716 741
Commitments and contingencies      
Shareholders' equity    
Common stock, $.01 par value; unlimited shares authorized; 27,896,697 and 27,735,878shares issued, respectively 279 277
Additional paid-in capital 123,600 123,510
Accumulated deficit (14,412) (14,718)
Other comprehensive loss (41) (12)
Total shareholders' equity 109,426 109,057
Total liabilities and shareholders' equity $ 124,634 $ 126,801