Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table summarizes the valuation of our assets and liabilities that are measured at fair value on a recurring basis.
 
 
 
Fair Value Measurement Classification
 
 
 
 
 
 
Quoted prices in

Actives Markets

for Identical Assets

or (Liabilities)

(Level 1)
 
 
Significant Other

Observable Inputs

(Level 2)
 
 
Significant

Unobservable

Inputs (Level 3)
 
 
Total
 
As of 
March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Oil and gas derivative contracts
 
$
-
 
 
$
(340,685
)
 
$
-
 
 
$
(340,685
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
-
 
 
$
(340,685
)
 
$
-
 
 
$
(340,685
)