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Commitments and Contingencies
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

Operating Leases

The Company leases office space in Dickinson, North Dakota, Lusk, Wyoming and Denver, Colorado. During 2012, 2013 and 2014, rent expense incurred for the Dickinson, North Dakota office was $23,800, $26,073, and $26,265, respectively. The lease expires on October 31, 2016. Rent expense incurred for the Lusk, Wyoming office for 2012, 2013 and 2014 was $9,000 for each year. The lease expires on December 31, 2016. In 2013 the Company leased office space in Denver, Colorado, and rent expense incurred on this lease was $2,834 and $14,554 for 2013 and 2014, respectively. The lease expires on December 31, 2015.

Litigation and Contingencies

From time to time, the Company is involved in litigation relating to claims arising out of its operations in the normal course of business.  At December 31, 2014, the Company was not engaged in any legal proceedings that are expected, individually or in the aggregate, to have a material adverse effect on the Company.