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EXCEL - IDEA: XBRL DOCUMENT - Petron Energy II, Inc.Financial_Report.xls
10-K - FORM 10-K - Petron Energy II, Inc.tenk.htm
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EX-31 - EXHIBIT 31 - Petron Energy II, Inc.exhibit31.htm
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v2.4.0.6
PIPELINE AND OTHER DEPRECIABLE EQUIPMENT
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
NOTE 5 - PIPELINE AND OTHER DEPRECIABLE EQUIPMENT

 

    2011     2010  
             
Pipeline   $ 988,000     $ 988,000  
Accumulated Depreciation     (179,289 )     (113,422 )
                 
Net Pipeline   $ 808,711     $ 874,578  
                 
                 
Equipment and Other   $ 211,603     $ 67,832  
Accumulated Depreciation     (31,339 )     (17,618 )
                 
Net Equipment and Other   $ 180,264     $ 50,214  

 

Depreciation expenses for the years ended December 31, 2011 and 2010 was $79,588 and $61,748, respectively.