Property and Equipment

12 Months Ended

Dec. 31, 2012

Property and Equipment and Sale of Oil and Gas Acreage [Abstract]

PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

At December 31, 2012 and 2011, property and equipment consisted of:

	2012			2011
Buildings	$	—		$	—
Vehicles		140,768			136,090
Machinery and equipment		123,402			123,402
Roadways		—			—
Furniture and fixtures		227,334			184,139
Leasehold improvements		30,696			30,696
Land		382,951			382,951
Accumulated depreciation		(239,277	)		(201,214	)
Total fixed assets	$	665,874		$	656,064

Total additions for property, plant and equipment for the years ended December 31, 2012 and 2011 were $93,244 and $130,252, respectively. Depreciation, depletion and amortization expenses for property and equipment were $214,964 and $197,374 for the years ended December 31, 2012 and 2011, respectively. As noted below, certain property and equipment met the requirements to be classified as assets held for sale as of December 31, 2012: therefore, $986,232 of cost and $694,923 of accumulated depreciation related to the property sold was reclassified to the Other Asset section of the Balance Sheet (See note 7).