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Oil And Gas Properties

6 Months Ended

Jun. 30, 2011

Oil And Gas Properties

Oil And Gas Properties

(7) Oil and Gas Properties

     The following table sets forth information concerning the Company's oil and gas properties (in thousands):

		June 30, 2011			December 31, 2010
Oil and gas properties, at cost	$	30,796		$	27,837
Unevaluated properties		372			189
Accumulated depletion		(14,865	)		(13,869	)
Oil and gas properties, net	$	16,303		$	14,157

     The Company recorded $1.0 million in depletion expense for the first six months of 2011 and $0.8 million for the first six months of 2010.

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- Definition

The entire disclosure for oil and gas producing industries.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 19
-Paragraph 59A-59Z, 59AA, 59BB, 59CC
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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