v3.4.0.3

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues {1}
Operating revenues:	$ 0	$ 0
Operating expenses:
Lease operating expense	1,425	1,050
Production and other taxes	0	1,000
Depreciation, depletion and amortization	0	74
General and administrative	10,504	19,824
Total operating expenses	11,929	21,948
Loss from operations	(11,929)	(21,948)
Other expense:
Interest expense	(427)	(744)
Total other expense	(427)	(744)
Loss before income taxes	(12,356)	(22,692)
Income tax provision	0	0
Net loss	(12,356)	(22,692)
Series A preferred dividends	0	587
Net loss available to common stockholders	$ (12,356)	$ (23,279)
Net loss per common share: (basic and diluted)	$ 0.00	$ 0.00
Weighted average common shares outstanding: (basic and diluted)	23,416,388	23,140,656

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

REGENT TECHNOLOGIES INC 10-Q