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SIGNIFICANT CONCENTRATIONS (Tables)

12 Months Ended

Dec. 31, 2015

Risks and Uncertainties [Abstract]

Schedule of three joint interest operators accounted for oil and gas sales

During the years ended December 31, 2015, 2014 and 2013, three joint interest operators accounted for the following percentages of the Company’s oil and gas sales:

Operator		2015				2014				2013
A			20	%			38	%			18	%
B			35	%			28	%			38	%
C			25	%			20	%			32	%

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- Definition

Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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