OIL AND GAS PROPERTIES (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of Proved Developed and Undeveloped Oil and Gas Reserve Quantities [Table Text Block]

Capitalized exploration costs	June 30, 2014	Dec 31, 2013
Unproved, not subject to depletion	742,361	772,855
Proved subject to depletion	-	-
Accumulated depletion	-	-
Total capitalized exploration costs	742,361	772,855