Oil And Gas Properties

3 Months Ended

Mar. 31, 2012

Oil And Gas Properties [Abstract]

Oil And Gas Properties

(6) Oil and Gas Properties

     The following table sets forth information concerning the Company's oil and gas properties (in thousands):

		March 31, 2012			December 31, 2011
Oil and gas properties, at cost	$	38,747		$	36,002
Unevaluated properties		268			268
Accumulated depletion		(16,686	)		(16,064	)
Oil and gas properties, net	$	22,329		$	20,206

     The Company recorded $0.62 million in depletion expense for the first three months of 2012 and $0.46 million for the first three months of 2011.