| Reclassifications |
The table below provides a summary of the reclassifications related to the consolidated balance sheet for the comparative period presented.
|
|
|
|
|
|
June 30,
2011 |
|
(In thousands) |
CONSOLIDATED BALANCE SHEET |
|
As reported previously: |
|
Oil and gas properties (successful efforts method) |
$ |
138,577 |
|
Land, buildings, and equipment |
4,089 |
|
Field equipment |
6,390 |
|
Less accumulated depletion, depreciation, and amortization |
(119,903 |
) |
Net property and equipment |
$ |
29,153 |
|
|
|
As currently reported: |
|
Proved oil and gas properties |
$ |
136,094 |
|
Less accumulated depletion, depreciation, and amortization |
(115,917 |
) |
Unproved oil and gas properties |
3,368 |
|
Wells in progress |
4,315 |
|
Land, buildings, and equipment, net of accumulated depreciation |
1,293 |
|
Net property and equipment |
$ |
29,153 |
|
The table below provides a summary of the reclassifications related to the consolidated statements of operations for the comparative periods presented.
|
|
|
|
|
|
|
|
|
|
June 30, |
|
2011 |
|
2010 |
|
(In thousands) |
CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
As reported previously: |
|
|
|
Salaries and employee benefits |
$ |
5,079 |
|
|
$ |
4,816 |
|
Depletion, depreciation, and amortization |
2,326 |
|
|
4,680 |
|
Auditing, accounting, and legal services |
2,595 |
|
|
1,948 |
|
Accretion expense |
564 |
|
|
748 |
|
Shareholder communications |
396 |
|
|
551 |
|
Other administrative expenses |
7,286 |
|
|
6,031 |
|
Foreign transaction loss |
951 |
|
|
677 |
|
Total |
$ |
19,197 |
|
|
$ |
19,451 |
|
|
|
|
|
As currently reported: |
|
|
|
Depletion, depreciation, amortization, and accretion |
$ |
2,890 |
|
|
$ |
5,428 |
|
General and administrative |
16,307 |
|
|
14,023 |
|
Total |
$ |
19,197 |
|
|
$ |
19,451 |
|
|