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CONSOLIDATED BALANCE SHEETS (amounts in thousands) (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 398 $ 109
Accounts receivable from oil and gas sales 210 167
Other current assets 2 20
Total current assets 610 296
Oil and natural gas properties (full cost accounting method)    
Proved developed and undeveloped oil and gas 9,717 11,141
Land, buildings and equipment - oil and gas operations 1,410 1,486
Other 204 150
Total property and equipment 1,614 1,636
Other assets (including $161,300 in 2012 due from related parties) 543 377
Total assets 12,484 13,450
Current liabilities    
Accounts payable - trade 38 422
Accrued expenses 173 417
Total current liabilities 211 839
Long-term debt    
Notes payable 2,366 2,249
Payable - related parties   691
Asset retirement obligation 2,770 2,702
Other long-term liabilities 491 491
Total liabilities 5,838 6,972
Stockholders' equity    
Series B convertible preferred stock, $10 par value, liquidation value of $100 authorized 100 shares, issued and outstanding one share 1 1
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,935 shares at December 31, 2010 and 2009 20 20
Additional paid-in capital 58,838 58,838
Accumulated deficit (52,213) (52,381)
Total Stockholders' Equity 6,646 6,478
Total liabilities & equity $ 12,484 $ 13,450