3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Current and non-current asset retirement obligations

	Year ended December 31,
	2015	2014
Balance, beginning of period	$             366	$             415
Additions	16	19
Releases	(25)	(66)
Revisions to cost estimates	-	(2)
Balance, end of period	$             357	$             366

Financial instruments recognized at fair value on a recurring basis

	December 31, 2015			December 31, 2014
	Level 1	Level 2	Total	Level 1	Level 2	Total
Assets
Cash and cash equivalents	$ 3,881	$           -	$ 3,881	$ 10,139	$           -	$ 10,139
Total financial assets	$ 3,881	$           -	$ 3,881	$ 10,139	$           -	$ 10,139
Liabilities
Accounts payable and accrued liabilities	$   909	$           -	$   909	$   1,098	$           -	$   1,098
Asset retirement obligation	-	357	357	-	366	366
Total financial assets and liabilities	$ 4,790	$      357	$ 5,147	$ 11,237	$      366	$ 11,603