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Oil And Gas Properties
9 Months Ended
Sep. 30, 2011
Oil And Gas Properties [Abstract] 
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):

 

 

September 30, 2011

December 31, 2010

Oil and gas properties, at cost

$     33,092

$    27,837

Unevaluated properties

308

189

Accumulated depletion

(15,435)

(13,869)

Oil and gas properties, net

$    17,965

$    14,157

 

The Company recorded $1.6 million in depletion expense for the first nine months of 2011 and $1.3 million for the first nine months of 2010.