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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]    
OIL AND GAS REVENUE $ 48,260 $ 101,971
EXPENSES OF OPERATIONS    
Lease operating expense and severance tax 10,388 28,913
General and administrative expense 356,270 455,873
Impairment of oil and gas properties 0 677,051
Depreciation and depletion 25,013 131,903
Total operating expenses 391,671 1,293,740
Loss from operations (343,411) (1,191,769)
OTHER INCOME    
Interest income 3,960 5,456
Total other income 3,960 5,456
Net loss before taxes (339,451) (1,186,313)
Income tax expense 0 751
Net loss $ (339,451) $ (1,187,064)
Basic and diluted loss per common share (in dollars per share) $ (0.01) $ (0.02)
Basic and diluted weighted average number of common shares outstanding (in shares) 51,646,527 52,169,945