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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (amounts in thousands) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income/loss $ 84 $ 106
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation, depletion and amortization 570 300
Accretion of Asset RetirementsObligation, 158 96
Changes in operating assets and liabilities    
Other current and non-current assets (277) (155)
Accounts payable and other liabilities (1,179) 319
Interest receivable 0 (340)
Impairment of oil and gas properties 912 0
Net cash provided by (used) in operating activities 268 326
Cash flows from investing activities    
Investment in oil and gas properties (79) (349)
Fixed asset additions (71) (25)
Net cash provided by (used in) investing activities (150) (374)
Cash flows from financing activities    
Proceeds from loans 42 0
Payment on notes payable (34) (9)
Net cash provided by (used in) financing activities 8 (9)
Net increase (decrease) in cash and cash equivalents 126 (57)
Cash and cash equivalents at beginning of year 109 59
Cash and cash equivalents at end of year $ 235 $ 2