PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2013

Property and equipment was comprised of the following:

	September 30,			December 31,
	2013			2012

Field and shop equipment	$	1,301,400		$	1,051,900
Vehicles		516,700			382,500
Furniture and office equipment		25,200			24,500
Leasehold improvements		55,500			55,500
		1,898,800			1,514,400
Less: accumulated depreciation and amortization		(860,000	)		(762,300	)
Property and equipment, net	$	1,038,800		$	752,100

Property and equipment included the following amounts for leases that have been capitalized at:

	September 30,			December 31,
	2013			2012

Field and shop equipment	$	131,500		$	148,500
Less: accumulated amortization		(34,300	)		(29,500	)
	$	97,200		$	119,000