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Property And Equipment
12 Months Ended
Dec. 31, 2014
Property And Equipment  
Property and Equipment

NOTE 4 – PROPERTY AND EQUIPMENT

 

As of December 31, 2014 and 2013 the Company’s oil and gas pumping and support equipment consisted of the following:

 

   December 31,
2014
  December 31,
2013
       
Oil and gas pumping and support equipment  $267,631   $229,864 
Accumulated depreciation   (124,341)   (88,698)
Net  $143,289   $141,166 

 

Depreciation expense was $58,608 and $45,500 for the years ended December 31, 2014 and 2013, respectively.