NATURE OF COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Concentration of Credit Risk [Abstract]
Cash deposits in excess of the FDIC's current insured limit	$ 8,300,000
Current insured limit on interest bearing accounts	250,000
Ceiling Test [Abstract]
Discount rate, net of related tax effects (in hundredths)	10.00%
Property, Plant and Equipment [Line Items]
Depletion and amortization	66,971	185,931
Accumulated amortization, depreciation and impairment	47,105,751	1,675,232
Preferred Stock [Abstract]
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Concentration Risk [Line Items]
Percentage of sales to a single buyer (in hundredths)	10.00%
Allowance for uncollectible accounts	0	0
Oil and Gas Property Investment [Member] | Hupecol Operating LLC [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	96.50%
Revenue [Member] | Hupecol Operating LLC [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	64.00%
Mineral Revenue [Member] | International integrated oil company [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	100.00%
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	2,443,057	1,833,682
Oil and Gas Properties [Member]
Property, Plant and Equipment [Line Items]
Depletion and amortization	49,391	168,351
Accumulated amortization, depreciation and impairment	47,043,262	1,630,323
Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Depletion and amortization	17,580	17,580
Accumulated amortization, depreciation and impairment	$ 62,489	$ 44,909
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life of the assets	3 years
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life of the assets	5 years