Note 2 - Current Liabilities

6 Months Ended

Jun. 30, 2019

Notes to Financial Statements

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

Note 2. Current Liabilities

The Company’s current liabilities consist of the following at

June 30, 2019

and

December 31, 2018:

	June 30,		December 31,
	2019		2018
Accounts Payable:
Production and related other	$	1,742,721	$	1,522,106
Other		294,636		299,150
Joint venture partner deposits		48,629		48,629
Total accounts payable	$	2,085,986	$	1,869,885
Accrued Expenses:
Payroll and retirement plan contributions	$	275,240	$	692,083
Current portion of asset retirement obligations		196,000		196,000
Repurchase of Units		129,582		-
Drilling		106,100		106,100
Other		42,900		55,100
Federal, state and local taxes		21,533		35,064
Total accrued expenses	$	771,355	$	1,084,347

EVERFLOW EASTERN PARTNERS, L.P.

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS