Quarterly report pursuant to Section 13 or 15(d)

Concentrations

v2.4.1.9
Concentrations
 3 Months Ended
Mar. 31, 2015
Risks and Uncertainties [Abstract]  
CONCENTRATIONS
CONCENTRATIONS
Mowood, Omega
Omega had a ten-year agreement (the "DOD Agreement") with the Department of Defense (“DOD”) to provide natural gas and gas distribution services to Fort Leonard Wood. The DOD Agreement expired January 31, 2015. On January 28, 2015, the DOD awarded Omega a 6 month bridge agreement with very similar terms and conditions as the original agreement for Omega to continue providing natural gas and gas distribution services until a new 10 year agreement is reached.
Revenue related to the DOD contract accounted for 91 percent of our sales revenue for each of the three months ended March 31, 2015 and 2014. Omega performs management and supervision services related to the expansion of the natural gas distribution system used by the DOD. The amount due from the DOD accounts for 94 percent and 88 percent of the consolidated accounts receivable balances as of March 31, 2015, and December 31, 2014, respectively.
Omega’s contracts for its supply of natural gas are concentrated among select providers. Purchases from its largest supplier of natural gas accounted for 96 percent of our cost of sales for the three months ended March 31, 2015. This compares to 77 percent for the three months ended March 31, 2014.
MoGas
MoGas generates revenue from the transportation of natural gas to a concentrated group of customers. Transportation revenue relating to MoGas' largest customer accounted for 66 percent of the contracted capacity for three months ended March 31, 2015.