BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2014

Summary of Operations in Different Segments

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

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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