CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2011	Dec. 31, 2010
Current assets
Cash and cash equivalents	$ 109	$ 59
Accounts receivable from oil and gas sales	167	223
Other current assets	20	101
Total current assets	296	383
Note and interest receivable - related party	0	10,361
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion	11,141	11,789
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations	1,486	1,308
Other	150	156
Total property and equipment	1,636	1,464
Other assets	377	70
Total assets	13,450	24,067
Current liabilities
Accounts payable - trade	422	83
Accrued expenses	417	156
Total current liabilities	839	239
Long-term debt
Notes payable	2,249	1,308
Payable - related parties	691	953
Asset retirement obligation	2,702	2,573
Other long-term liabilities	491	723
Total liabilities	6,972	5,796
Stockholders' equity
Preferred stock, Series B	1	1
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,935 shares at December 31, 2011 and 2010	20	20
Additional paid-in capital	58,838	58,838
Accumulated deficit	(52,381)	(40,588)
Total Stockholders' Equity	6,478	18,271
Total liabilities & equity	$ 13,450	$ 24,067