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Significant Customers
9 Months Ended
Sep. 30, 2016
Risks and Uncertainties [Abstract]  
Significant Customers
SIGNIFICANT CUSTOMERS
 
For the nine months ended September 30, 2016 and 2015, each of the following purchasers accounted for more than 10% of the Company’s revenue:
 
Nine Months Ended September 30,
 
2016
 
2015
Shell Trading (US) Company
35%
 
35%
BML, Inc.
18%
 
17%
Targa Pipeline Mid-Continent, LLC
13%
 
18%
TransOil Marketing, LLC
11%
 
16%

 
The Company does not require collateral and does not believe the loss of any single purchaser would materially impact its operating results, as crude oil and natural gas are fungible products with well-established markets and numerous purchasers.