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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income (loss) $ (2,352) $ (484) $ (3,246)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities      
Depreciation, depletion and amortization 84 247 320
Write-off of assets from discontinued operation 25
Impairment of oil & gas properties 2,285 2,626
Changes in operating assets and liabilities      
Other current and non-current assets 53 (22) 223
Accounts payable and other liabilities 299 (384) 178
Net cash provided by (used) in operating activities 369 (637) 202
Cash flows from investing activities      
Dry hole expenses (596)
Investment in undeveloped land (10)
Fixed asset additions (68)
Issuance of note receivable - related party (4,000)
Collections (issuance) of note receivable 40 24
Net cash provided by (used) in investing activities (664) (3,960) 14
Cash flows from financing activities      
Payment on notes payable (44) (70) (73)
Proceeds from the sale of common stock 4,609 163
Net cash provided by (used in) financing activities (44) 4,539 90
Net increase (decrease) in cash and cash equivalents (339) (58) 306
Cash and cash equivalents at beginning of year 361 419 113
Cash and cash equivalents at end of year 22 361 419
Supplemental disclosures of cash flow information      
Cash paid for interest on notes payable: 15 18 24
Cash paid for principal on notes payable: $ 44 $ 70 $ 73