Business Segments

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Business Segments

NOTE 13 — 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	2015	$	4,385,037		$	42,716	$	1,777		$	4,429,530
	2014		9,716,422			54,789		5,131			9,776,342
Income (Loss) from operations	2015		(421,576	)		29,580		(1,199,320	)		(1,591,316	)
	2014		4,554,604			56,327		(1,442,688	)		3,168,243
Interest expense	2015		3,115,358			—		379			3,115,737
	2014		4,127,501			—		3,692			4,131,193
Depreciation, depletion, amortization and accretion	2015		1,782,313			250		20,267			1,802,830
	2014		2,111,370			356		—			2,111,726
Property and equipment acquisitions, including oil and gas Properties	2015		7,108,042			—		2,239			7,110,281
	2014		1,986,807			—		—			1,986,807
Total assets, net of intercompany accounts:
March 31, 2015			123,098,320			13,308					123,111,628
December 31, 2014			111,755,587			13,558					111,769,145

Property and equipment acquisitions include accrued amounts and reclassifications.