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BUSINESS SEGMENTS
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
BUSINESS SEGMENTS

NOTE 14 - BUSINESS SEGMENTS

Our principal operations consist of exploration and production through Trans Energy, American Shale and Prima, and pipeline transmission with Ritchie County Gathering Systems and Tyler Construction Company.

Certain financial information concerning our operations in different segments is as follows:

 

     For the
Year Ended
December 31,		      Exploration
and
Production		     Pipeline
Transmission		      Corporate     Total  

Revenue

      2013       $ 18,174,524      $ 158,937       $ 32,097      $ 18,365,558   
     2012       $ 11,356,626      $ 323,395       $ 75.400      $ 11,755,421   

Income (Loss) from operations

      2013         9,302,666        70,263         (6,194,412 )      3,178,517   
     2012         (9,065,844 )      172,146         (5,840,252 )      (14,733,950 ) 

Interest expense

      2013         15,047,619        —           —          15,047,619   
     2012         5,738,803        —           —          5,738,803   

Depreciation, depletion, amortization and accretion

      2013         5,751,781        580           5,752,361   
     2012         3,778,242        321           3,778,563   

Property and equipment acquisitions, including oil and gas properties

      2013         29,698,602        10,000         9,141        29,717,743   
     2012         25,080,332           93,244        25,173,576   
Total assets, net of intercompany accounts:             

December 31, 2013

         90,098,192        17,129           90,115,321   

December 31, 2012

         62,408,692        29,769           62,438,461