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ASSET RETIREMENT OBLIGATION (Tables)
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3 Months Ended | |||||||||||||||||||||
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Mar. 31, 2015
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| Asset Retirement Obligation Disclosure [Abstract] | ||||||||||||||||||||||
| Schedule of Asset Retirement Obligations [Table Text Block] |
The asset retirement obligation incurred at the time of drilling was computed using the annual credit-adjusted risk-free discount rate at the applicable dates. Changes in the asset retirement obligation were as follows:
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- Details
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- Definition
Tabular disclosure of the carrying amount of a liability for asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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