June 30,

2016

December 31,

2015

(Unaudited)

(Audited)

Oil and Gas

Producing properties, including drilling costs

$

5,212,837

$

5,217,637

Undeveloped properties

2,333,221

2,381,564

Lease and well equipment

4,255,390

4,339,122

11,801,448

11,938,323

Accumulated depletion, depreciation & amortization

(7,772,047

)

(7,656,731

)

4,029,401

4,281,592

Commercial and Other

Real Estate, Bldg Improvements, including furn and fix

-

2,266,050

Vehicles

118,061

Furniture and equipment

1,120,760

1,238,821

3,504,871

Accumulated depreciation

(1,194,525

)

(1,253,985

)

44,296

2,250,886

$

4,073,697

$

6,532,478