Oil And Gas Properties

3 Months Ended

Mar. 31, 2015

Oil And Gas Properties [Abstract]

Oil And Gas Properties

(6) Oil and Gas Properties

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

		March 31, 2015			December 31, 2014
Oil and gas properties, at cost	$	49,562		$	49,388
Unevaluated properties		507			462
Accumulated depletion		(25,134	)		(24,437	)
Oil and gas properties, net	$	24,935		$	25,413

The Company recorded depletion expense of $696,000 and $636,000 for the three months ended March 31, 2015 and 2014, respectively.