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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 974 $ 865
Prepaid and other current assets 618 1,140
Total Current Assets 1,592 2,005
Property, plant and equipment, at cost:    
Property, plant and equipment 113,927 114,496
Less accumulated depreciation, depletion and impairment (65,778) (65,684)
Net property, plant and equipment 48,149 48,812
Restricted cash 4,032 4,026
Long-term assets held for sale 2,123 2,123
Total Assets 55,896 56,966
Current Liabilities:    
Accounts payable 2,858 3,046
Accrued liabilities 1,525 1,569
Convertible loan, net of discount - related party 7,054 6,154
Current portion of asset retirement obligations 121 121
Total Current Liabilities 11,558 10,890
Asset retirement obligations, net of current portion 4,433 4,242
Other long-term liabilities and deferred credits 750 800
Long-term liabilities related to assets held for sale 555 555
Total Liabilities 17,296 16,487
Commitments and Contingencies
Stockholders' Equity:    
Common stock, 100,000,000 shares authorized, $.001 par value; Issued shares - 7,526,882 and 4,530,211, respectively Outstanding shares - 7,518,857 and 4,522,186, respectively 8 5
Paid-in capital 265,027 258,096
Accumulated other comprehensive income (67)
Accumulated deficit (226,177) (217,297)
Treasury stock (8,025 and 8,025 shares, respectively), at cost (258) (258)
Total Stockholders' Equity 38,600 40,479
Total Liabilities and Stockholders' Equity $ 55,896 $ 56,966