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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
REVENUE:    
Crude oil sales $ 8,719,793 $ 239,810
Natural gas sales 1,525,833 68,304
NGL sales 861,948 25,002
Total revenue 11,107,574 333,116
COSTS AND EXPENSES:    
Lease operating expense 722,799 167,988
Production taxes, gathering and marketing 992,817 38,634
Exploration costs 61,693 19,259
Depletion, depreciation and amortization 2,836,891 65,033
Accretion expense 99,682 30,483
Plugging expense 9,608 31,122
Loss on impairment of proved crude oil and natural gas properties   116,303
General and administrative expense 6,205,412 4,022,969
Total costs and expenses 10,928,902 4,491,791
Operating income (loss) 178,672 (4,158,675)
OTHER INCOME (EXPENSE):    
Other income 39,381 573
Interest expense (9,293,782) (323,170)
Loss on conversion of notes payable (1,771,650)  
Total other (expense) (11,026,051) (322,597)
Net (loss) $ (10,847,379) $ (4,481,272)
Net (loss) per share:    
Basic and diluted (in dollars per share) $ (0.46) $ (0.21)
Weighted average number of shares outstanding:    
Basic and diluted (in shares) 23,530,583 21,828,853