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Balance Sheets (amounts in thousands) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 1,621 $ 398
Accounts receivable from oil and gas sales 195 210
Other current assets 203 2
Total current assets 2,019 610
Oil and natural gas properties (full cost accounting method)    
Proved developed and undeveloped oil and gas properties, net of depletion 9,190 9,717
Property and equipment, net of depreciation    
Land, buildings and equipment - oil and gas operations 1,442 1,410
Other 183 204
Total property and equipment 1,625 1,614
Other assets (including $122,000 and $161,000 in 2013 and 2012 due from related parties) 474 543
Total assets 13,308 12,484
Current liabilities    
Accounts payable - trade 121 38
Accrued expenses 965 173
Current portion of long term debt 185 93
Total current liabilities 1,271 304
Long-term debt    
Notes payable less current portion 2,195 2,273
Asset retirement obligation 2,770 2,770
Other long-term liabilities   491
Total liabilities 6,236 5,838
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 (51,787) (52,213)
Total Stockholders' equity 7,072 6,646
Total liabilities & equity $ 13,308 $ 12,484