| Cash and cash equivalents |
508.32K |
| Certificates of deposit |
| Oil and natural gas sales |
| Joint interest billings, less allowance for doubtful accounts of $99,192, each period |
| Prepaid income taxes |
18.2K |
| Deferred income tax asset--current |
| Prepaid drilling expense |
| Prepaid expenses and other current assets |
61.62K |
| Total current assets |
1.16M |
| Oil and natural gas properties (successful efforts method) |
41.09M |
| Other equipment |
108.46K |
| Less accumulated depletion and depreciation |
| Net property and equipment |
| Total assets |
8.5M |
| Accounts payable and accrued expenses |
937.49K |
| Oil and gas revenues payable |
457.14K |
| Unrealized loss on commodity derivatives |
| Total current liabilities |
7.93M |
| LONG-TERM DEBT |
| DEFERRED INCOME TAXES |
| ASSET RETIREMENT OBLIGATION |
1.75M |
| Total liabilities |
9.69M |
| Common stock, $.01 par value, 75,000,000 shares authorized; 8,910,175 shares issued each period, and 7,997,175 and 8,077,175 outstanding, respectively |
98.27K |
| Additional paid-in capital |
13.01M |
| Retained earnings |
-12.33M |
| Treasury stock, 913,000 and 833,000 shares, at cost |
-1.97M |
| Total stockholders' equity |
-1.19M |
| Total liabilities and stockholders' equity |
8.5M |
