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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 2$ 59
Accounts receivable from oil and gas sales221223
Other current assets1514
Total current assets238296
Note and interest receivable related party10,00710,361
Oil and natural gas properties (full cost accounting method)  
Proved developed and undeveloped oil and gas properties, net of depletion11,91311,789
Property and equipment, net of depreciation  
Land, buildings and equipment - oil and gas operations1,3731,395
Other151156
Total property and equipment1,5241,551
Other assets52070
Total assets24,20224,067
Current liabilities  
Accounts payable - trade34083
Accrued expenses135156
Total current liabilities475239
Long-term debt  
Notes payable1,3901,308
Payable - related parties611953
Asset retirement obligation2,6692,573
Other long-term liabilities680723
Total liabilities5,8255,796
Stockholders' equity  
Preferred stock, Series B11
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,935 shares at June 30, 2011 and December 31, 20102020
Additional paid-in capital58,83858,838
Accumulated deficit(40,482)(40,588)
Stock holders Equity18,37718,271
Total liabilities & equity$ 24,202$ 24,067