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Oil And Gas Properties
 12 Months Ended
Dec. 31, 2019
Oil And Gas Properties [Abstract]  
Oil And Gas Properties

4. Oil and Gas Properties



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







 

 

 

 

 

 



 

 

 

 

 

 



 

December 31,



 

2019

 

2018

Oil and gas properties

 

$

 6,751 

 

$

 6,503 

Unevaluated properties

 

 

 —

 

 

 23 

Accumulated depreciation, depletion and amortization

 

 

 (2,366)

 

 

 (1,722)

Oil and gas properties, net

 

$

 4,385 

 

$

 4,804 



During the years ended December 31, 2019 and 2018, the Company recorded depletion expense of $637,000 and $722,000, respectively.