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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
OIL AND GAS REVENUE $ 114,122 $ 67,450 $ 216,093 $ 173,473
EXPENSES OF OPERATIONS        
Lease operating expense and severance tax 30,735 22,428 59,648 49,331
General and administrative expense 276,703 681,043 732,576 1,289,552
Impairment of oil and gas properties 0 0 677,051 0
Depreciation and depletion 146,172 48,707 278,075 55,423
Total operating expenses 453,610 752,178 1,747,350 1,394,306
Loss from operations (339,488) (684,728) (1,531,257) (1,220,833)
OTHER INCOME (EXPENSE)        
Interest income 4,989 1,704 10,445 3,177
Other expense 0 (3) 0 (3)
Total other income (expense) 4,989 1,701 10,445 3,174
Net loss before taxes (334,499) (683,027) (1,520,812) (1,217,659)
Income tax expense (benefit) 17,309 617 18,060 1,353
Net loss $ (351,808) $ (683,644) $ (1,538,872) $ (1,219,012)
Basic and diluted loss per common share (in dollars per share) $ (0.01) $ (0.01) $ (0.03) $ (0.02)
Basic and diluted weighted average common shares outstanding (in shares) 52,169,945 52,169,945 52,169,945 52,169,945