Participation in Revenues and Costs

12 Months Ended

Dec. 31, 2012

Participation in Revenues and Costs [Abstract]

NOTE 3 — PARTICIPATION IN REVENUES AND COSTS

The MGP and the limited partners will generally participate in revenues and costs in the following manner:

	Managing
	General	Limited
	Partner	Partners
Organization and offering cost	100%	0%
Lease costs	100%	0%
Revenues ⁽¹⁾	28.09%	71.91%
Operating costs, administrative costs, direct and all other costs ⁽²⁾	28.09%	71.91%
Intangible drilling costs	5.27%	94.73%
Tangible equipment costs	28.50%	71.50%

___________

(1) Subject to the MGP's subordination obligation, substantially all partnership revenues will be shared in the same percentage as capital contributions are to the total partnership capital contributions, except that the MGP will receive an additional 10% of the partnership revenues. (2) These costs will be charged to the partners in the same ratio as the related production revenues are credited.

- Definition

The entire disclosure for the formation, structure, control and ownership of the partnership. Disclosures related to accounts comprising partners' capital. Includes balances of general partners' capital account, limited partners' capital account, preferred partners' capital account and total partners' capital account and units outstanding; accumulated other comprehensive income; amount and nature of changes to amount of partner's capital and units outstanding by class, rights and privileges for each class of units; distribution policies and distributions paid by unit class; impact of and correction of an error in previously issued financial statements; limitations of partners' liability; redemption, conversion and distribution policies; and deferred compensation related to the issuance of units.

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