Basis Of Presentation And Significant Accounting Policies Oil and Gas Properties (Details) (USD $)
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3 Months Ended | |
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Mar. 31, 2013
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Mar. 31, 2012
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Amortization expense | $ 343,608 | $ 70,623 |
Depletion at the rate per barrel | 21.84 | 19.16 |
Depreciation expenses | $ 11,504 | $ 10,505 |
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- Definition
The amount of amortization expense expected to be recognized during year two of the five succeeding fiscal years. No definition available.
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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. No definition available.
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