Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

v3.19.1
ASSET RETIREMENT OBLIGATION (Tables)
3 Months Ended
Mar. 31, 2019
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations [Table Text Block]
Changes in the asset retirement obligation were as follows:
 
 
Balance, December 31, 2018
 
$
13,055,797
 
Liabilities acquired
 
 
2,979,645
 
Liabilities incurred
 
 
175,173
 
Liabilities settled
 
 
(107,770
)
Accretion expense
 
 
215,945
 
Balance, March 31, 2019
 
$
16,318,790