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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
OIL AND GAS REVENUE $ 124,448 $ 56,805 $ 340,541 $ 230,278
EXPENSES OF OPERATIONS        
Lease operating expense and severance tax 52,652 24,528 112,300 73,859
General and administrative expense 390,411 473,942 1,122,987 1,763,494
Impairment of oil and gas properties 0 0 677,051 0
Depreciation and depletion 149,717 71,254 427,792 126,677
Total operating expenses 592,780 569,724 2,340,130 1,964,030
Loss from operations (468,332) (512,919) (1,999,589) (1,733,752)
OTHER INCOME (EXPENSE)        
Interest income 5,129 1,723 15,574 4,900
Other expense 0 0 0 (3)
Total other income 5,129 1,723 15,574 4,897
Net loss before taxes (463,203) (511,196) (1,984,015) (1,728,855)
Income tax expense 363 457 18,423 1,810
Net loss $ (463,566) $ (511,653) $ (2,002,438) $ (1,730,665)
Basic and diluted loss per common share (in dollars per share) $ (0.01) $ (0.01) $ (0.04) $ (0.03)
Basic and diluted weighted average number of common shares outstanding (in shares) 52,169,945 52,169,945 52,169,945 52,169,945