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BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 100 $ 109
Accounts receivable from oil and gas sales 216 167
Other current assets 5 20
Total current assets 321 296
Oil and natural gas properties (full cost accounting method)    
Proved developed and undeveloped oil and gas properties, net of depletion 9,930 11,141
Property and equipment, net of depreciation Land, buildings and equipment - oil and gas operations 1,448 1,486
Other 158 150
Total property and equipment 1,606 1,636
Other assets 578 377
Total assets 12,435 13,450
Current liabilities    
Accounts payable - trade 284 422
Accrued expenses 208 417
Total current liabilities 492 839
Long-term debt    
Notes payable 2,329 2,249
Payable - related parties 1,312 691
Asset retirement obligation 2,770 2,702
Other long-term liabilities 490 491
Total liabilities 7,393 6,972
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 June 30, 2012 and December 31, 2011 20 20
Additional paid-in capital 58,838 58,838
Accumulated deficit (53,817) (52,381)
Total Stockholders' Equity 5,042 6,478
Total liabilities & equity $ 12,435 $ 13,450