OIL PRICE RISK DERIVATIVES (Details Narrative) $ in Thousands	3 Months Ended
Sep. 30, 2016 USD ($) Boe	Dec. 31, 2015 USD ($)
Call Contract [Member]
Derivative contracts	$ 1	$ 40
Put Contract [Member]
Derivative contracts	$ 78	1,674
Wells Fargo [Member]
Production of barrels of oil \| Boe	27,600
Price risk derivative	$ 77	$ 1,634

Fair value of each cash settlement alternative for each freestanding option contract.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 50
-Paragraph 5
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6445032&loc=d3e90205-114008

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- Definition

Fair value as of the balance sheet date of all price risk derivatives designated as fair value hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

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- Definition

Energy measure of oil and natural gas production reserves.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1204

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