DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2013

KS Energy

Financial information for the discontinued operation

Financial information for the discontinued operation

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Revenues
Staffing services	$	—		$	2,903		$	40,500		$	2,903
Total revenues	—			2,903			40,500			2,903
Expenses
Depreciation and amortization	—			—			355			—
Selling, general, and administrative expenses	20,035			110,085			150,683			135,170
Total expenses	20,035			110,085			151,038			135,170
Income (loss) before income taxes	$	(20,035	)	$	(107,182	)	$	(110,538	)	$	(132,267	)

Francis Drilling Fluids

Financial information for the discontinued operation

Financial information for the discontinued operation

	Three Months Ended June 30,			Six Months Ended June 30,
	2012			2012
Revenues
Oilfield services	$	6,346,711		$	24,077,027
Drilling fluids	1,256,211			3,576,111
Total revenues	7,602,922			27,653,138
Expenses
Cost of goods sold - drilling fluids	546,706			1,325,674
Depreciation and amortization	853,147			3,126,243
Selling, general, and administrative expenses	6,943,512			24,605,436
(Gain) loss on sale of assets	11,960			75,692
Interest expense	558,045			1,687,504
Change in fair value of derivative liabilities	—			4,267,000
Accretion of preferred stock liability	356,313			1,299,495
Other	(1,456		)	(5,878		)
Total expenses	9,268,227			36,381,166
Income (loss) before income taxes	$	(1,665,305	)	$	(8,728,028	)