With oil trading around $135 a barrel, it's hard to go wrong in this sector.
As for GCOG having only one employee? Big deal. This is very common in the wildcatter business. Ask T. Boone Pickens. When he started out building Marathon oil he worked alone. Oil prospectors do not carry employees around--they subcontract work. Lease rigs, etc.
GCOG is doing fine, IMO. And has a pretty attractive future, given the energy situation and its leases in areas of known production.