CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 520	$ 113
Accounts receivable from oil and gas sales	122	119
Other current assets	73	206
Total current assets	715	438
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion	5,551	5,608
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations	703	706
Other	0	25
Total property and equipment	703	731
Other assets	322	401
Total assets	7,291	7,178
Current liabilities
Accounts payable - (including $463 and $160 due to related parties in 2017 and 2016)	526	238
Accrued expenses	53	59
Current portion of long term debt	89	96
Total current liabilities	668	393
Long-term debt
Notes payable less current portion	293	296
Asset retirement obligation	2,770	2,770
Total liabilities	3,731	3,459
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 March 31, 2017 and December 31, 2016	20	20
Additional paid-in capital	58,838	58,838
Accumulated deficit	(55,299)	(55,140)
Total shareholders' equity	3,560	3,719
Total liabilities & equity	$ 7,291	$ 7,178