|
STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
| Revenue | ||
| Oil and gas revenue | $ 2,429 | $ 3,773 |
| Expenses | ||
| Depletion, depreciation and amortization | 1,385 | 3,245 |
| Dry-hole costs | (113) | (26) |
| Impairment of oil and gas properties | 505 | 3,114 |
| Management fees to affiliate (Note 4) | 371 | 789 |
| Operating expenses | 553 | 523 |
| General and administrative expenses | 216 | 198 |
| Total expenses | 2,917 | 7,843 |
| Gain on sale of oil and gas properties | 20 | |
| Loss from operations | (488) | (4,050) |
| Other income | 3 | |
| Net loss | (488) | (4,047) |
| Manager Interest | ||
| Net income | 179 | 292 |
| Shareholder Interest | ||
| Net loss | $ (667) | $ (4,339) |
| Net loss per share | $ (1,371) | $ (8,920) |