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CHANGES IN STANDARDIZED MEASUREOF FUTURE NET CASHFLOWS (Tables) | 12 Months Ended
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Dec. 31, 2012
CHANGES IN STANDARDIZED MEASUREOF FUTURE NET CASHFLOWS (Tables) |
CHANGES IN STANDARDIZED MEASUREOF FUTURE NET CASHFLOWS (Tables) | The following table reflects the principal changes in the standardized measure of discounted future net cash flows attributable to our proved reserves.
|  | 2012 |  |  | 2011 |
Beginning balance |  | $ | 11,141 |  |  | $ | 12,418 |
Oil and gas sales, net of production costs |  |  | (719 | ) |  |  | (75 | )
Purchase of reserves, net of future development costs |  |  | - |  |  |  | - |
Net changes in prices and production costs |  |  |  |  |  |  |  |
Extensions and discoveries, net of future development costs- |  |  | 302 |  |  |  | (1,202) |
Revisions of quantity estimates |  |  | - |  |  |  | - |
Other changes |  |  | - |  |  |  | - |
Ending balance |  | $ | 10,724 |  |  | $ | 11,141 |

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