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Isramco Inc – ‘10-K’ for 12/31/17 – ‘EX-23.1’

On:  Tuesday, 3/13/18, at 1:11pm ET   ·   For:  12/31/17   ·   Accession #:  1185185-18-404   ·   File #:  0-12500

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/13/18  Isramco Inc                       10-K       12/31/17   78:11M                                    Federal Filings, LLC/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.13M 
 2: EX-23.1     Consent of Experts or Counsel                       HTML     27K 
 3: EX-23.2     Consent of Experts or Counsel                       HTML     25K 
10: EX-99.1     Miscellaneous Exhibit                               HTML     46K 
11: EX-99.2     Miscellaneous Exhibit                               HTML    105K 
 4: EX-31.1     Certification -- §302 - SOA'02                      HTML     28K 
 5: EX-31.2     Certification -- §302 - SOA'02                      HTML     28K 
 6: EX-31.3     Certification -- §302 - SOA'02                      HTML     28K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     24K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     24K 
 9: EX-32.3     Certification -- §906 - SOA'02                      HTML     24K 
18: R1          Document And Entity Information                     HTML     52K 
19: R2          Consolidated Balance Sheets                         HTML    133K 
20: R3          Consolidated Balance Sheets (Parentheticals)        HTML     42K 
21: R4          Consolidated Statements of Operations               HTML     99K 
22: R5          Consolidated Statements of Comprehensive Income     HTML     35K 
                (Loss)                                                           
23: R6          Consolidated Statements of Changes in               HTML     39K 
                Shareholders' Equity (Deficit)                                   
24: R7          Consolidated Statements of Cash Flows               HTML    115K 
25: R8          1. Summary of Significant Accounting Policies       HTML     76K 
26: R9          2. Transactions with Affiliates and Related         HTML     32K 
                Parties                                                          
27: R10         3. Financial Instruments and Fair Value             HTML     56K 
28: R11         4. Long-Term Debt and Interest Expense              HTML     83K 
29: R12         5. Income Taxes                                     HTML     96K 
30: R13         6. Earnings Per Share                               HTML     45K 
31: R14         7. Stock Options                                    HTML     28K 
32: R15         8. Supplemental Cash Flow Information               HTML     38K 
33: R16         9. Concentrations of Credit Risk                    HTML     28K 
34: R17         10. Segment Information                             HTML    185K 
35: R18         11. Commitments and Contingencies                   HTML     27K 
36: R19         12. Asset Retirement Obligation                     HTML     39K 
37: R20         13. Supplemental Oil and Gas Information            HTML    526K 
                (Unaudited)                                                      
38: R21         Accounting Policies, by Policy (Policies)           HTML    149K 
39: R22         1. Summary of Significant Accounting Policies       HTML     31K 
                (Tables)                                                         
40: R23         3. Financial Instruments and Fair Value (Tables)    HTML     51K 
41: R24         4. Long-Term Debt and Interest Expense (Tables)     HTML     59K 
42: R25         5. Income Taxes (Tables)                            HTML     95K 
43: R26         6. Earnings Per Share (Tables)                      HTML     45K 
44: R27         10. Segment Information (Tables)                    HTML    182K 
45: R28         12. Asset Retirement Obligation (Tables)            HTML     37K 
46: R29         13. Supplemental Oil and Gas Information            HTML    537K 
                (Unaudited) (Tables)                                             
47: R30         1. Summary of Significant Accounting Policies       HTML     68K 
                (Details)                                                        
48: R31         1. Summary of Significant Accounting Policies       HTML     39K 
                (Details) - Schedule of Property and Equipment,                  
                Estimated Useful Lives                                           
49: R32         2. Transactions with Affiliates and Related         HTML     52K 
                Parties (Details)                                                
50: R33         3. Financial Instruments and Fair Value (Details)   HTML     60K 
51: R34         3. Financial Instruments and Fair Value (Details)   HTML     37K 
                - Fair Value, by Balance Sheet Grouping                          
52: R35         4. Long-Term Debt and Interest Expense (Details)    HTML    287K 
53: R36         4. Long-Term Debt and Interest Expense (Details) -  HTML     43K 
                Schedule of Long-term Debt                                       
54: R37         4. Long-Term Debt and Interest Expense (Details) -  HTML     43K 
                Schedule of Maturities of Long-term Debt                         
55: R38         4. Long-Term Debt and Interest Expense (Details) -  HTML     31K 
                Schedule of Interest Expense                                     
56: R39         5. Income Taxes (Details)                           HTML     65K 
57: R40         5. Income Taxes (Details) - Schedule of Effective   HTML     45K 
                Income Tax Rate Reconciliation                                   
58: R41         5. Income Taxes (Details) - Schedule of Deferred    HTML     47K 
                Tax Assets and Liabilities                                       
59: R42         5. Income Taxes (Details) - Schedule of Income      HTML     36K 
                before Income Tax, Domestic and Foreign                          
60: R43         5. Income Taxes (Details) - Schedule of Components  HTML     52K 
                of Income Tax Expense (Benefit)                                  
61: R44         6. Earnings Per Share (Details) - Schedule of       HTML     52K 
                Earnings Per Share, Basic and Diluted                            
62: R45         7. Stock Options (Details)                          HTML     35K 
63: R46         8. Supplemental Cash Flow Information (Details)     HTML     56K 
64: R47         10. Segment Information (Details)                   HTML     28K 
65: R48         10. Segment Information (Details) - Schedule of     HTML    143K 
                Segment Reporting Information, by Segment                        
66: R49         12. Asset Retirement Obligation (Details) -         HTML     34K 
                Schedule of Change in Asset Retirement Obligation                
67: R50         13. Supplemental Oil and Gas Information            HTML     34K 
                (Unaudited) (Details)                                            
68: R51         13. Supplemental Oil and Gas Information            HTML     34K 
                (Unaudited) (Details) - Schedule of Capitalized                  
                Costs Relating to Oil and Gas Producing Activities               
                Disclosure                                                       
69: R52         13. Supplemental Oil and Gas Information            HTML     31K 
                (Unaudited) (Details) - Schedule of Cost Incurred                
                in Oil and Gas Property Acquisition, Exploration,                
                and Development Activities Disclosure                            
70: R53         13. Supplemental Oil and Gas Information            HTML    116K 
                (Unaudited) (Details) - Schedule of Proved                       
                Developed and Undeveloped Oil and Gas Reserve                    
                Quantities                                                       
71: R54         13. Supplemental Oil and Gas Information            HTML     45K 
                (Unaudited) (Details) - Schedule of Results of                   
                Operations for Oil and Gas Producing Activities                  
                Disclosure                                                       
72: R55         13. Supplemental Oil and Gas Information            HTML     62K 
                (Unaudited) (Details) - Schedule of Standardized                 
                Measure of Discounted Future Cash Flows Relating                 
                to Proved Reserves Disclosure                                    
73: R56         13. Supplemental Oil and Gas Information            HTML     32K 
                (Unaudited) (Details) - Schedule of Standardized                 
                Measure of Discounted Future Cash Flows Relating                 
                to Proved Reserves Disclosure (Parentheticals)                   
74: R57         13. Supplemental Oil and Gas Information            HTML     71K 
                (Unaudited) (Details) - Schedule of Changes in                   
                Standardized Measure of Discounted Future Net Cash               
                Flows                                                            
75: R58         13. Supplemental Oil and Gas Information            HTML     62K 
                (Unaudited) (Details) - Schedule of Quarterly                    
                Financial Information                                            
77: XML         IDEA XML File -- Filing Summary                      XML    137K 
76: EXCEL       IDEA Workbook of Financial Reports                  XLSX    105K 
12: EX-101.INS  XBRL Instance -- isrl-20171231                       XML   3.32M 
14: EX-101.CAL  XBRL Calculations -- isrl-20171231_cal               XML    200K 
15: EX-101.DEF  XBRL Definitions -- isrl-20171231_def                XML    827K 
16: EX-101.LAB  XBRL Labels -- isrl-20171231_lab                     XML   1.10M 
17: EX-101.PRE  XBRL Presentations -- isrl-20171231_pre              XML    794K 
13: EX-101.SCH  XBRL Schema -- isrl-20171231                         XSD    164K 
78: ZIP         XBRL Zipped Folder -- 0001185185-18-000404-xbrl      Zip    215K 


‘EX-23.1’   —   Consent of Experts or Counsel


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 C: 

 
EXHIBIT 23.1

 
Cawley, Gillespie & Associates, Inc.
petroleum consultants
 
13640 BRIARWICK DRIVE, SUITE 100
306 WEST SEVENTH STREET, SUITE 302
1000 LOUISIANA STREET, SUITE 1900
512-249-7000
817- 336-2461
713-651-9944
 
 
 

CONSENT OF CAWLEY, GILLESPIE & ASSOCIATES, INC.
 
The undersigned hereby consents to the inclusion of the information included in this Annual Report on Form 10-K with respect to the oil and gas reserves of Isramco, Inc as of the year ended December 31, 2017. We hereby further consent to all references to our firm included in this Annual Report on Form 10-K.



CAWLEY, GILLESPIE & ASSOCIATES, INC.
 
Fort Worth, Texas



 
 

Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/13/18None on these Dates
3/12/18
For Period end:12/31/17
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Filing Submission 0001185185-18-000404   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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