Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

v2.4.0.8
ASSET RETIREMENT OBLIGATION (Tables)
6 Months Ended
Jun. 30, 2013
ASSET RETIREMENT OBLIGATION (Tables)  
Changes in Asset Retirement Obligations

Balance, December 31, 2012

$

496,286

Revision of estimate

 

211,691

Liabilities incurred

 

67,352

Accretion expense

 

23,277

Balance, June 30, 2013

$

798,606