XML 66 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 20 - Legal Proceedings
6 Months Ended
Jun. 30, 2013
Disclosure Text Block Supplement [Abstract]  
Legal Matters and Contingencies [Text Block]

Note 20 — Legal Proceedings


From time to time, the Company may become a party to various legal proceedings arising in the ordinary course of business. While the outcome of lawsuits cannot be predicted with certainty, the Company is not currently a party to any proceeding that it believes could have a potential material adverse effect on its financial condition, results of operations or cash flows.


Additionally, the Company is subject to numerous laws and regulations governing the discharge of materials into the environment or otherwise relating to environmental protection. To the extent laws are enacted or other governmental action is taken that restricts drilling or imposes environmental protection requirements that result in increased costs to the oil and natural gas industry in general, the business and prospects of the Company could be adversely affected.