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Construction-in-Progress (Tables)

9 Months Ended

Sep. 30, 2013

The Company’s construction-in-progress is as follows:

	September 30, 2013		December 31, 2012
Berth and berth improvements	$	573,983	$	529,556
Oil blending and storage tanks		903,883		12,330,639
Total	$	1,477,866	$	12,860,195

- Definition

Tabular disclosure of the aggregate of costs (whether the costs are capitalized or charged to expense at the time they are incurred ) incurred for the year in oil and gas property acquisition, exploration and development activities.

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