Business Segments

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Business Segments

NOTE 15—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		2014	$	26,969,359	$	161,975		$	89,484		$	27,220,818
		2013	$	18,174,524	$	158,937		$	32,097		$	18,365,558
Income (Loss) from operations		2014		11,187,962		(172	)		(12,537,073	)		(1,349,283	)
		2013		9,302,666		70,263			(6,194,414	)		3,178,515
Interest expense		2014		19,776,017		—			6,586			19,782,603
		2013		15,047,619		—			—			15,047,619
Depreciation, depletion, amortization and accretion		2014		9,701,086		1,106			—			9,702,192
		2013		5,751,781		580			—			5,752,361
Property and equipment acquisitions, including oil and gas properties		2014		32,709,147		—			8,470			32,717,617
		2013		29,698,602		10,000			9,141			29,717,743
Total assets, net of intercompany accounts:
December 31, 2014		111,755,587				13,558						111,769,145
December 31, 2013		90,098,192				17,129						90,115,321