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Significant Concentrations
3 Months Ended
Mar. 31, 2018
Risks and Uncertainties [Abstract]  
Significant Concentrations

12. SIGNIFICANT CONCENTRATIONS

 

The Company has exposure to credit risk in the event of nonpayment by the joint interest operators of the Company’s oil and gas properties. Approximately 84% of the Company’s proved developed oil and gas reserve value is associated with properties that are operated by three operators: Operator A: 62%, Operator B: 13% and Operator C: 9%.