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OIL AND NATURAL GAS PROPERTIES (Tables)
 9 Months Ended
Sep. 30, 2019
OIL AND NATURAL GAS PROPERTIES  
Schedule of oil and natural gas properties

 

 

 

 

 

 

 

 

    

September 30, 

 

December 31, 

 

 

2019

 

2018

Oil and natural gas properties

 

 

 

 

 

 

Proved properties

 

$

688,328,675

 

$

538,290,590

Unevaluated properties

 

 

299,613,448

 

 

280,304,353

Less: accumulated depreciation, depletion and impairment

 

 

(211,242,100)

 

 

(107,779,453)

Total oil and natural gas properties

 

$

776,700,023

 

$

710,815,490