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OIL PRICE RISK DERIVATIVES (Details Narrative)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
Boe
Dec. 31, 2015
USD ($)
Production of barrels of oil | Boe 87,050  
Call Contract [Member]    
Derivative contracts $ 18 $ 40
Put Contract [Member]    
Derivative contracts $ 1,079 1,674
Wells Fargo [Member]    
Production of barrels of oil | Boe 87,050  
Price risk derivative $ 1,061 $ 1,634