CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,278,997	$ 2,112,263
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of oil and natural gas properties	(4,000)	(204,000)
Unrealized loss on commodity derivatives	4,000	0
Depletion and depreciation	2,395,000	2,092,000
Exploration expense	152,650	0
Impairment of oil and natural gas properties	485,999	204,190
Deferred income tax expense	638,000	862,000
Accretion of discount on asset retirement obligations	96,000	91,000
Changes in current assets and liabilities:
Accounts receivable	117,825	(206,667)
Income taxes receivable	(122,542)	135,579
Prepaid expenses and other current assets	(22,402)	79,396
Accounts payable and accrued expenses	(291,205)	(1,858,934)
Oil and natural gas revenues payable	(45,646)	27,105
Other	(19)	(233)
Net cash provided by operating activities	4,682,657	3,333,699
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and natural gas properties and other equipment	(3,536,845)	(4,360,806)
Proceeds from the sale of oil and natural gas properties	5,000	204,000
Net cash used in investing activities	(3,531,845)	(4,156,806)
CASH FLOWS FROM FINANCING ACTIVITIES:
Sale of common stock	0	193,589
Common stock issued from the exercise of warrants	89,600	0
Net cash provided by financing activities	89,600	193,589
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,240,412	(629,518)
CASH AND CASH EQUIVALENTS, beginning of year	1,408,075	2,037,593
CASH AND CASH EQUIVALENTS, end of the year	2,648,487	1,408,075
SUPPLEMENTAL INFORMATION:
Cash paid during the year for interest	199,405	264,120
Cash paid during the year for income taxes	334,595	5,410
Capital items in accounts payable	$ 143,902	$ 210,518