Oil And Gas Properties

6 Months Ended

Jun. 30, 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):

	June 30, 2012			December 31, 2011
Oil and gas properties, at cost	$	42,695		$	36,002
Unevaluated properties		268			268
Accumulated depletion		(17,450	)		(16,064	)
Oil and gas properties, net	$	25,513		$	20,206

     The Company recorded $1.4 million in depletion expense for the first six months of 2012 and $1.0 million for the first six months of 2011.