Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

The Company's results of operations from discontinued operations are as follows:

	For the Three Months Ended		For the Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012

Transportation of natural gas and liquids	$ -	$ 78,049	$ 38,447	$ 158,505
Operation and maintenance	-	(8,540)	(5,289)	(19,906)
Depreciation	-	(12,700)	(5,292)	(25,401)
Other income (expense)	-	(1,129)	807	(6,256)
Gain on sale of assets	-	-	97,474	-
Income from discontinued operations, net of taxes	$ -	$ 55,680	$ 126,147	$ 106,942

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details

GATEWAY ENERGY CORP/NE 10-Q/A