NOTE 6 – OTHER ASSETS

As of September 30, 2011 and December 31, 2010, the Partnership had the following other assets:

	September 30, 2011		December 31, 2010
Deferred financing costs, net	$	2,429	$	2,645
Deferred reduction to net asset contribution		8,476		-
Other assets	$	10,905	$	2,645

On September 30, 2011, the Partnership recorded an $8.5 million adjustment to other assets related to the novation of interest rate derivatives from the Predecessor (see Note 4). These novated interest rates derivatives are part of the purchase of oil and gas properties on October 3, 2011 (see Note 15). The other asset is a deferred reduction to the net asset contribution effective October 1, 2011 and will be recorded as part of the closing to partners' capital.