Oil and Gas Properties (Tables)

6 Months Ended

Jun. 30, 2012

Aggregate Amount of Capitalized Costs Relating to Crude Oil and Natural Gas Producing Activities and Aggregate Amount of Related Accumulated Depreciation Depletion and Amortization

The aggregate amount of capitalized costs relating to crude oil and natural gas producing activities and the aggregate amount of related accumulated depreciation, depletion and amortization at June 30, 2012 and December 31, 2011 were:

	June 30 2012			December 31 2011			Change ($)
Unproven Properties	$	533,293		$	530,539		$	2,754
Depreciation and impairment		(512,328	)		(511,847	)		(481	)
Oil and gas properties, net	$	20,965		$	18,692		$	2,273