Oil And Gas Properties

3 Months Ended

Mar. 31, 2014

Oil And Gas Properties [Abstract]

Oil And Gas Properties

(5) Oil and Gas Properties

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

		March 31, 2014			December 31, 2013
Oil and gas properties, at cost	$	45,861		$	45,101
Unevaluated properties		736			736
Accumulated depletion		(22,337	)		(21,714	)
Oil and gas properties, net	$	24,260		$	24,123

     The Company recorded depletion expense of $636,000 and $712,000 for the three months ended March 31, 2014 and 2013, respectively