Subsequent Events

3 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Events

10. Subsequent Events

On May 13, 2015 the company entered into a costless collar hedging agreement with Citibank for 200 barrels of oil per day that runs for a term of six months from June 1, 2015 to December 31, 2015, with a floor of $55 per barrel and a ceiling of $70 per barrel.