Subsequent Event

12 Months Ended

Dec. 31, 2013

Subsequent Event

Subsequent Event

7. Subsequent Event

In early November 2013, following a second unsuccessful workover attempt to restore production from a well shut-in during June 2013, the Partnership, after careful evaluation, decided not to participate in any future procedures the well operator might propose during 2014. The operator subsequently proposed to deepen the well, and the Partnership non-consented their proposal. During January 2014, the operator found third parties to assume the interest previously owned by the Partnership, and moved a rig onto the well with the intent to deepen the well. As a result of these operations, the Partnership no longer owns an interest in the well, and has been relieved of its obligation to plug and abandon the well. The Partnership has removed its asset retirement obligation totaling $9,849 during the first quarter of 2014.