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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 8,334,632 $ 5,625,495
Oil, natural gas and NGL receivables 6,597,763 6,792,837
Accounts receivable and other current assets 226,641 236,673
Total current assets 15,159,036 12,655,005
Property and equipment, net 107,889 165,232
Oil and natural gas properties    
Oil and natural gas properties, using full cost method of accounting 287,050,787 297,609,797
Less: accumulated depreciation, depletion, accretion and impairment (77,946,337) (15,394,238)
Total oil and natural gas properties 209,104,450 282,215,559
Deposits on oil and natural gas properties 23,533,243  
Other assets 1,189,994  
Loan origination costs, net 223,958 255,208
Total assets 249,318,570 295,291,004
Current liabilities    
Accounts payable 5,239,072 316,486
Other current liabilities 1,226,727 1,746,662
Commodity derivative liabilities 400,798 183,957
Total current liabilities 6,866,597 2,247,105
Commodity derivative liabilities 599,561 134,872
Long-term debt 42,972,997 30,843,593
Total liabilities 50,439,155 33,225,570
Commitments and contingencies
Partners' capital 198,879,415 262,065,434
Total liabilities and partners' capital $ 249,318,570 $ 295,291,004