September 30, 2013

December 31, 2012

Royalty interest in 24 acres in Washington County, Texas (a)

$ -

Royalty interest in 700 acres in the Permian Basin (b)

8,400

10% working interest in the Pierce Junction Field (c)

87,500

-

Lease of 394 acres in the Gillock Field (d)

-

Capitalized asset retirement costs

1,966

-

Total oil and gas properties

97,866

8,400

Accumulated depletion

(101)

-

Net capitalized costs

$ 97,765

$ 8,400