Annual report pursuant to Section 13 and 15(d)

Other Assets

v2.4.0.6
Other Assets
12 Months Ended
Dec. 31, 2012
Other Assets, Noncurrent Disclosure [Abstract]  
Other Assets
OTHER ASSETS
Other assets consist of the following as of December 31, 2012 and 2011:
 
 
December 31,
 
2012
 
2011
Plugging and abandonment escrow account on the WCBB properties (Note 16)
$
3,113,000

 
$
3,121,000

Certificates of Deposit securing letter of credit
275,000

 
275,000

Prepaid drilling costs
515,000

 
228,000

Loan commitment fees
9,388,000

 
1,495,000

Deposits
4,000

 
4,000

 
$
13,295,000

 
$
5,123,000