Oil And Gas Properties

9 Months Ended

Sep. 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):

		September 30, 2012			December 31, 2011
Oil and gas properties, at cost	$	43,135		$	36,002
Unevaluated properties		457			268
Accumulated depletion		(18,301	)		(16,064	)
Oil and gas properties, net	$	25,291		$	20,206

     The Company recorded $2.2 million in depletion expense for the first nine months of 2012 and $1.6 million for the first nine months of 2011.