Basis Of Presentation And Significant Accounting Policies Oil and Gas Properties (Details) (USD $)
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3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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Basis Of Presentation And Significant Accounting Policies Oil and Gas Properties | ||||
Depreciation, depletion and amortization | $ 3,477,816 | $ 396,662 | $ 5,008,012 | $ 740,270 |
Depletion at the rate per barrel | 26.80 | 23.33 | 26.80 | 23.33 |
Depreciation expenses on oil & Gas properties | $ 25,741 | $ 13,902 | $ 47,427 | $ 25,406 |
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- Details
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- Definition
Depletion at the rate per barrel No definition available.
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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