Business Segments

3 Months Ended

Mar. 31, 2012

Business Segments [Abstract]

BUSINESS SEGMENTS

NOTE 9 — BUSINESS SEGMENTS

Trans Energy’s principal operations consist of exploration and production with Trans Energy and Prima Oil Company, and pipeline transmission with Ritchie County Gathering Systems and Tyler Construction Company.

Certain financial information concerning Trans Energy’s operations in different segments is as follows:

	For the Three Months Ended March 31,	Exploration and Production		Pipeline Transmission		Corporate			Total
Revenue	2012 2011	$	2,771,982 1,454,625	$	93,313 159,556	$	52,233 15,918		$	2,917,528 1,630,099
Income (loss) from operations	2012 2011		5,967 13,101,678		51,519 157,040		(1,123,042 (1,045,861	)  )		(1,065,556 12,212,857	)
Interest expense	2012 2011		438,744 407,194		—   —		—   —			438,744 407,194
Depreciation, depletion, amortization and accretion	2012 2011		1,248,417 511,226		80 2,516		—   —			1,248,498 553,742
Property and equipment acquisitions, including oil and gas properties	2012 2011		1,073,617 7,189,565		—   —		—   —			1,073,617 7,189,565
Total assets, net of intercompany accounts:
March 31, 2012		$	55,112,976	$	39,685	$	—		$	55,152,661
December 31, 2011		$	57,994,415	$	231,202	$	—		$	58,225,817

Property and equipment acquisitions include accrued amounts and reclassifications.