Property, Plant and Equipment
|6 Months Ended|
Jun. 30, 2019
|Property, Plant and Equipment [Abstract]|
|Property, Plant and Equipment||
NOTE 2 — PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment is comprised of fixed assets and oil and natural gas properties, as shown below (in thousands):
We own land in Louisiana for the purpose of constructing the Driftwood Project.
We own producing and non-producing acreage in northern Louisiana.
Unproved PropertiesWe own interests in unproved properties in the Weald Basin, United Kingdom through our holding of non-operating interests in two licenses which expire in June and September 2021.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef