Business Segments

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Business Segments

NOTE 12 — 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		2016	$	2,476,706		$	19,463	$	133		$	2,496,302
		2015	$	4,385,037		$	42,716	$	1,777		$	4,429,530
Income (Loss) from operations		2016		(7,315,451	)		6,606		(838,745	)		(8,147,590	)
		2015		(421,576	)		29,580		(1,199,320	)		(1,591,316	)
Interest expense		2016		6,890,792			—		1,816			6,892,608
		2015		3,115,358			—		379			3,115,737
Depreciation, depletion, amortization and accretion		2016		7,252,457			250		10,114			7,262,821
		2015		1,782,313			250		20,267			1,802,830
Property and equipment acquisitions, including oil and gas properties		2016		(972,293	)		—		—			(972,293	)
		2015		7,108,042			—		2,239			7,110,281
Total assets, net of intercompany accounts:
March 31, 2016		85,829,266					50,855		—			85,880,121
December 31, 2015		93,265,585					47,322		—			93,312,907