NATURAL GAS AND OIL PROPERTIES (Tables)

12 Months Ended

Dec. 31, 2013

Natural Gas And Oil Properties Tables

Schedule of Proved Oil and Gas Properties

Properties	December 31, 2012		Additions		Disposals			Transfer from unproved properties		Depletion for the year			Impairment			December 31, 2013
USA properties	$	1,103,877	$	26,510	$	(168,214	)	$	363,231	$	(457,004	)	$	(521,082	)	$	347,318

Schedule of Unproved Oil and Gas Properties

Properties	December 31, 2012		Addition		Disposals		Transfer to proved properties			December 31, 2013
USA properties	$	517,299	$	6,670	$	-	$	(363,231	)	$	160,738

Summary of Oil and Gas Property Costs Not Being Amortized

The following table sets forth a summary of oil and gas property costs not being amortized at December 31, 2013, by the year in which such costs were incurred. There are no individually significant properties or significant development projects included in costs not being amortized. The majority of the evaluation activities are expected to be completed within five to ten years.

	Total			2013			2012			2011		2010 & Prior
Property acquisition costs and transfer to proved property pool		(363,231	)		(363,231	)		-			-		-
Exploration and development		523,969			6,670			(77,803	)		406,335		188,767
Capitalized interest		-			-			-			-		-
Total		160,738			(356,561	)		(77,803	)		406,335		188,767