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PROPERTY AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2019

Property And Equipment

Schedule of capitalized costs of oil and natural gas properties

Proved producing wells		$	3,302,921
Proved undeveloped			2,131,560
Lease and well equipment			964,926
Asset retirement obligation			3,496,101
Gross capitalized costs			9,895,508

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- References

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- Definition

Tabular disclosure of in process activities, such as the number of wells in process of drilling (including wells temporarily suspended), water floods in process of installation, pressure maintenance operations, and any other related operations of material importance by appropriate geographic areas.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1206

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