CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (4,698,448)	$ (10,209,703)
Adjustment to reconcile net loss to net cash provided by (used in) operating activities:
Depletion, depreciation, amortization, accretion and impairment expense	999,278	9,553,266
Stock-based compensation	100,256	136,861
Change in fair value of derivative instruments	(732,500)	(532,142)
Gain on sale of assets		(2,567,574)
Amortization of debt discount, deferred expenses and other	2,485,555	1,925,462
Payment of deposit	(19,927)	(46,138)
Changes in operating assets and liabilities:
Accounts receivable	(655,446)	(410,627)
Inventory	30,743	7,974
Prepaid expenses	96,367	78,346
Accounts payable	880,807	(1,119,867)
Revenue payable	663,979	(308,795)
Accrued interest	1,264,116
Accrued expenses	(160,000)	25,785
Net cash provided by (used in) operating activities	254,780	(3,467,152)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash paid for acquisitions, development and exploration	(1,162,835)	(3,812,087)
Cash paid for furniture, fixtures and other		(196,572)
Proceeds from sale of assets		19,192,321
Decrease in advances from joint interest owners		(1,779)
Net cash (used in) provided by investing activities	(1,162,835)	15,181,883
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings under line of credit		2,000,000
Repayment of borrowings		(10,544,969)
Net cash used in financing activities		(8,544,969)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(908,055)	3,169,762
CASH AND CASH EQUIVALENTS:
BEGINNING OF PERIOD	2,938,086	1,965,967
END OF PERIOD	$ 2,030,031	$ 5,135,729