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Note 18 - Standby Costs	12 Months Ended
Dec. 31, 2014
Standby Costs [Abstract]
Standby Costs [Text Block]	Note 18 —Standby Costs For the year ended December 31, 2014, the Company had no standby rig costs. For the year ended December 31, 2013, the Company incurred $4.3 million in standby rig costs. During 2013 the Company had the Petrex-10 rig partially or fully on standby for approximately three months and two rigs, the Petrex-28 rig and Petrex-21 rig, partially or fully on standby for approximately five months. For the year ended December 31, 2012, the Company incurred $5.3 million in standby rig costs. During 2012, the Company had the Petrex-18 rig, which was previously leased to another operator in 2011, on standby through July 31, 2012. The Company’s contract on this rig was amended and the contract was suspended from August 1, 2012 through April 30, 2013. The Company had the Petrex-28 rig on standby, from September 2012 through December 2012, as the Company expected to use this rig in drilling operations on the CX-15 platform. Additionally in 2012, the Company had a workover rig, the Petrex-10, on standby for two months to allow for seismic acquisition activities where the workover rig was operating.

Note 18 - Standby Costs

12 Months Ended

Dec. 31, 2014

Note 18 —Standby Costs

For the year ended December 31, 2014, the Company had no standby rig costs.

For the year ended December 31, 2013, the Company incurred $4.3 million in standby rig costs.

During 2013 the Company had the Petrex-10 rig partially or fully on standby for approximately three months and two rigs, the Petrex-28 rig and Petrex-21 rig, partially or fully on standby for approximately five months.

For the year ended December 31, 2012, the Company incurred $5.3 million in standby rig costs.

During 2012, the Company had the Petrex-18 rig, which was previously leased to another operator in 2011, on standby through July 31, 2012. The Company’s contract on this rig was amended and the contract was suspended from August 1, 2012 through April 30, 2013. The Company had the Petrex-28 rig on standby, from September 2012 through December 2012, as the Company expected to use this rig in drilling operations on the CX-15 platform. Additionally in 2012, the Company had a workover rig, the Petrex-10, on standby for two months to allow for seismic acquisition activities where the workover rig was operating.