Business Segments

12 Months Ended

Dec. 31, 2015

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	Exploration
	Year Ended	and			Pipeline
	December 31,	Production			Transmission			Corporate			Total
Revenue	2015	$	12,261,539		$	151,080		$	29,409		$	12,442,028
	2014	$	26,969,359		$	161,975		$	89,484		$	27,220,818
Income (Loss) from operations	2015		(8,024,877	)		46,978			(5,050,216	)		(13,028,115	)
	2014		11,187,962			(172	)		(12,537,073	)		(1,349,283	)
Interest expense	2015		18,953,219			—			6,498			18,959,717
	2014		19,776,017			—			6,586			19,782,603
Depreciation, depletion, amortization and accretion	2015		8,710,067			1,000			70,872			8,781,939
	2014		9,701,086			1,106			—			9,702,192
Property and equipment acquisitions, including oil and gas properties	2015		7,159,356			—			5,168			7,164,524
	2014		32,709,147			—			8,470			32,717,617
Total assets, net of intercompany accounts:
December 31, 2015	96,815,769					47,322						96,863,091
December 31, 2014	111,755,587					13,558						111,769,145