SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2013

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 19 — SUBSEQUENT EVENTS:

On January 16, 2014, we completed the sale of our interests in the Cut Off and Clovelly fields for cash consideration of approximately $41,575. On January 31, 2014, we completed the sale of our interest in the Hatch Point field for cash consideration of approximately $9,720. These sales will be accounted for as an adjustment to capitalized costs with no gain or loss recognized.