Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Details)

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PROPERTY AND EQUIPMENT (Details) (USD $)
Sep. 30, 2013
Dec. 31, 2012
Property and equipment, gross $ 1,898,800 $ 1,514,400
Less: accumulated depreciation and amortization (860,000) (762,300)
Property and equipment, net 1,038,800 752,100 [1]
Field and Shop Equipment
   
Property and equipment, gross 1,301,400 1,051,900
Vehicles
   
Property and equipment, gross 516,700 382,500
Furniture and office equipment
   
Property and equipment, gross 25,200 24,500
Leasehold Improvements
   
Property and equipment, gross $ 55,500 $ 55,500
[1] These numbers were derived from the audited financial statements for the year ended December 31, 2012.