Quarterly report pursuant to Section 13 or 15(d)

Changes in the asset retirement obligation as follows (Details)

v2.4.0.8
Changes in the asset retirement obligation as follows (Details) (USD $)
Asset Retirement obligation
Balance at Dec. 31, 2013 $ 1,182,410
Liabilities acquired 294,772
Liabilities incurred 737,969
Accretion expense 61,694
Balance at Jun. 30, 2014 $ 2,276,845