Note 2. Summary of Significant Accounting Policies: Revenue Recognition (Policies)	12 Months Ended
Dec. 31, 2013
Policies
Revenue Recognition	Revenue Recognition Capital City recognizes oil and natural gas revenue under the sales method of accounting for its interests in producing wells as oil and natural gas is produced and sold from those wells. Oil and natural gas sold by Capital City is not significantly different from Capital City’s share of production. Revenues from management fees are recognized in the preceding month at end of each calendar quarter and paid in arrears.

Note 2. Summary of Significant Accounting Policies: Revenue Recognition (Policies)

12 Months Ended

Dec. 31, 2013

Revenue Recognition

Capital City recognizes oil and natural gas revenue under the sales method of accounting for its interests in producing wells as oil and natural gas is produced and sold from those wells. Oil and natural gas sold by Capital City is not significantly different from Capital City’s share of production. Revenues from management fees are recognized in the preceding month at end of each calendar quarter and paid in arrears.

- Definition

Disclosure of accounting policy for revenue recognition for leases, both capital and operating.

+ References+ Details

Capital City Energy Group, Inc. 10-K