PROPERTY AND EQUIPMENT (Details) (USD $)	3 Months Ended
Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012
Property, plant and equipment
Total property, plant, & equipment	$ 1,690,734		$ 859,690
Accumulated depreciation & depletion	(183,082)		(178,135)
Property & equipment, net	1,507,652	47,776	681,555
Depreciation and depletion	5,062	18,336
Total oil and gas properties
Property, plant and equipment
Total property, plant, & equipment	1,551,468		757,920
Oil and gas properties - proved
Property, plant and equipment
Total property, plant, & equipment	611,926		229,844
Oil and gas properties - unproved
Property, plant and equipment
Total property, plant, & equipment	939,542		528,076
Furniture, fixtures, and equipment
Property, plant and equipment
Total property, plant, & equipment	$ 139,266		$ 101,770

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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