Oil And Gas Properties

6 Months Ended

Jun. 30, 2014

Oil And Gas Properties [Abstract]

Oil And Gas Properties

(5) Oil and Gas Properties

     The following table sets forth information concerning the Company's oil and gas properties (in thousands):

		June 30, 2014			December 31, 2013
Oil and gas properties, at cost	$	46,835		$	45,101
Unevaluated properties		736			736
Accumulated depletion		(23,000	)		(21,714	)
Oil and gas properties, net	$	24,571		$	24,123

     The Company recorded depletion expense of $1,325,000 and $1,370,000 for the six months ended June 30, 2014 and 2013, respectively.