BUSINESS SEGMENTS

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

BUSINESS SEGMENTS

NOTE 11 — 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 Three Months Ended March 31	Exploration and Production		Pipeline Transmission		Corporate			Total
Revenue	2014	$	9,716,422	$	54,789	$	5,131		$	9,776,342
	2013		3,573,883		35,443		—			3,609,326
Income (Loss) from operations	2014		4,554,604		56,327		(1,442,688	)		3,168,243
	2013		607,258		32,554		(1,558,700	)		(918,888	)
Interest expense	2014		4,127,501		—		3,692			4,131,193
	2013		1,897,900		—		4,846			1,902,746
Depreciation, depletion, amortization and accretion	2014		2,111,370		356		—			2,111,726
	2013		639,395		54		—			639,449
Property and equipment acquisitions, including oil and gas properties	2014		1,986,807		—		—			1,986,807
	2013		13,377,891		—		5,281			13,383,172
Total assets, net of intercompany accounts:
March 31, 2014			94,198,338		20,174					94,218,512
December 31, 2013			90,098,192		17,129					90,115,321

Property and equipment acquisitions include accrued amounts and reclassifications.