New Concept Energy (GBR) Balance Sheet

Click line-items for a historical chart and %

Cash and cash equivalents
Accounts receivable from oil and gas sales	105K
Other current assets	47K
Total current assets	682K
Note and interest receivable – related party
Proved developed and undeveloped oil and gas properties, net of depletion
Land, buildings and equipment - oil and gas operations
Other	142K
Total property and equipment	864K
Other assets
Total assets	8.55M
Accounts payable - trade
Accrued expenses	148K
Total current liabilities	1.58M
Notes payable
Payable - related parties
Asset retirement obligation
Other long-term liabilities
Total liabilities	5.47M
Preferred stock, Series B	1K
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 1,946,935 shares at June 30, 2011 and December 31, 2010	20K
Additional paid-in capital	58.84M
Accumulated deficit	-55.78M
Stockholders' equity	3.08M
Total liabilities & equity	8.55M

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