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Oil And Gas Properties (Q2)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
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,
2020
  
December 31,
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.
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.