Commitments

6 Months Ended

Jun. 30, 2013

Commitments [Abstract]

Commitments

Note 12 – Commitments

The Company has long-term firm transportation contracts.  Firm transportation volumes and the related demand charges for the remaining term of the contracts at June 30, 2013 are (i) for the remainder of 2013; approximately 8,000 dekatherms per day capacity with demand charges ranging between $0.22 and $1.40 per dekatherm, (ii) for 2014 through May 2015; 4,590 dekatherms per day with demand charges ranging between $0.22 and $0.65, (iii) for June 2015 through 2017; 3,300 dekatherms per day with demand charges of $0.65 per dekatherm and for 2018 through April 2036; 1,000 dekatherms per day with demand charges of $0.22 per dekatherm.  A liability of approximately $2.8 million related to firm transportation contracts assumed in a 2011 asset acquisition, which represents the remaining commitment, is reflected on the Company’s consolidated balance sheets as of June 30, 2013.