Quarterly report pursuant to Section 13 or 15(d)

Asset Retirement Obligation table (Tables)

v3.3.0.814
Asset Retirement Obligation table (Tables)
9 Months Ended
Sep. 30, 2015
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of asset retirement obligations
The following table is a reconciliation of the asset retirement obligation as of September 30, 2015:
Asset Retirement Obligation
 
 
September 30, 2015
 
December 31, 2014
Beginning asset retirement obligation
 
$

 
$

Liabilities assumed
 
12,152,096

 

Expenditures
 

 

ARO accretion expense
 
169,521

 

Ending asset retirement obligation
 
$
12,321,617

 
$