ASSET RETIREMENT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2013

ASSET RETIREMENT OBLIGATIONS

Schedule of composition of asset retirement obligations rollforward

Beginning January 1, 2013 liability	$	11,029,206
Accretion expense	244,182
Liabilities incurred	16,727
Liabilities settled	(187,976		)
Revisions	5,422
Ending June 30, 2013 liability	$	11,107,561