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Oil And Gas Properties (Tables)
9 Months Ended
Sep. 30, 2012
Oil And Gas Properties [Abstract]  
Costs Associated With Oil And Gas Properties

 

 

 

 

 

At September 30,

 

At December 31,

 

2012

 

2011

Proved oil and gas properties

$                70,931

 

$                66,361

 

 

 

 

Unproved leasehold costs

275 

 

275 

Unproved oil and gas properties

 -

 

1,624 

Total unproved oil and gas properties

275 

 

1,899 

Accumulated depreciation, depletion and amortization

(1,718)

 

(744)

 

 

 

 

Total oil and gas properties, net

$                69,488

 

$                67,516

 

 

 

 

 

Net Changes In Capitalized Exploratory Well Costs

 

 

 

 

 

For the nine months ended

 

 

September 30, 2012

Beginning balance at January 1

 

$                             1,624

Additions to unevaluated exploratory

 

 

  well costs pending the determination of proved reserves

 

 -

Reclassifications of wells, facilities,

 

 

  and equipment based on the determination of proved reserves

 

 -

Reclassified to Proved Oil and Gas

 

 

  Properties per Shouyang Modification Agreement

 

(1,624)

Unevaluated exploratory well costs charged to expense

 

 -

Ending balance at September 30

 

$                                     -