Oil And Gas Properties

9 Months Ended

Sep. 30, 2014

Oil And Gas Properties [Abstract]

Oil And Gas Properties

(5) Oil and Gas Properties

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

		September 30, 2014			December 31, 2013
Oil and gas properties, at cost	$	47,955		$	45,101
Unevaluated properties		751			736
Accumulated depletion		(23,688	)		(21,714	)
Oil and gas properties, net	$	25,018		$	24,123

The Company recorded depletion expense of $2,020,000 and $1,969,000 for the nine months ended September 30, 2014 and 2013, respectively.