Note 1 - Summary of Significant Accounting Policies: Ceiling Test (Policies)	9 Months Ended
Sep. 30, 2013
Policies
Ceiling Test	*Ceiling Test* In applying the full cost method, Brenham performs an impairment test (ceiling test) at each reporting date, whereby the carrying value of oil and gas properties is compared to the “estimated present value” of its proved reserves discounted at a 10-percent interest rate of future net revenues, based on current economic and operating conditions at the end of the period, plus the cost of properties not being amortized, plus the lower of cost or fair market value of unproved properties included in costs being amortized, less the income tax effects related to book and tax basis differences of the properties. If capitalized costs exceed this limit, the excess is charged as an impairment expense. During the nine months ended September 30, 2013 and 2012, no impairment of oil and gas properties was recorded.

Note 1 - Summary of Significant Accounting Policies: Ceiling Test (Policies)

9 Months Ended

Sep. 30, 2013

Ceiling Test

In applying the full cost method, Brenham performs an impairment test (ceiling test) at each reporting date, whereby the carrying value of oil and gas properties is compared to the “estimated present value” of its proved reserves discounted at a 10-percent interest rate of future net revenues, based on current economic and operating conditions at the end of the period, plus the cost of properties not being amortized, plus the lower of cost or fair market value of unproved properties included in costs being amortized, less the income tax effects related to book and tax basis differences of the properties. If capitalized costs exceed this limit, the excess is charged as an impairment expense. During the nine months ended September 30, 2013 and 2012, no impairment of oil and gas properties was recorded.