Basis of Financial Statement Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2012

Basis of Financial Statement Presentation and Significant Accounting Policies [Abstract]

Changes to asset retirement obligations

The following is a description of the changes to Trans Energy’s asset retirement obligations for the six months ended June 30:

	2012		2011
Asset retirement obligations at beginning of period	$	256,651	$	219,478
Liabilities incurred during the period		—		5,683
Accretion expense		11,143		10,037
Asset retirement obligations at end of period	$	267,794	$	235,198