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Oil And Gas Properties
 6 Months Ended
Jun. 30, 2020
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):







 

 

 

 

 

 



 

 

 

 

 

 



 

June 30,

 

December 31,



 

2020

 

2019

Oil and gas properties

 

$

 6,687 

 

$

 6,751 

Unevaluated properties

 

 

 —

 

 

 —

Accumulated depreciation, depletion, and amortization

 

 

 (2,642)

 

 

 (2,366)

Oil and gas properties, net

 

$

 4,045 

 

$

 4,385 



The Company recorded depletion expense of $279,000 and $339,000 for the six months ended June 30, 2020 and 2019, respectively.  During the six months ended June 30, 2020 and 2019, the Company also recorded in “Accumulated depreciation, depletion, and amortization” a $3,000 loss on asset retirement obligations and a $4,000 gain on asset retirement obligations, respectively.