3. SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Asset retirement obligation

		6/30/2014		12/31/2013
Previous Balance	$	101,250	$	-
Increases/(decreases) current period		-		101,250
Ending Balance	$	101,250	$	101,250

Investments at Cost

Investments are as follows:
Balance, December 31, 2013	$	0
Realized gains and losses		0
Unrealized gains and losses		0
Balance, June 30, 2014	$	0

Marketable securities

Balance at December 31, 2013:	$	54,649
Change in market value for the period		12,641
Balance at June 30, 2014:	$	67,290

Marketable Securities and Notes Payable within the fair value hierarchy

	Level 1	Level 2	Level 3
Marketable Securities – 2014	67,290	-0-		-0-
Marketable Securities – 2013	54,649	-0-		-0-
Notes payable - 2014	-0-	-0-		1,747,608
Notes payable - 2013	-0-	-0-		1,654,236

Level 3 reconciliation of the beginning and ending balances

	Notes payable
Balance, December 31, 2013	$	1,654,236
Note issuances		134,631
Note payments		(41,259)
Balance, June 30, 2014	$	1,747,608

Earnings per share

	For the Six Months			For the Six Months
	Ended June 30,			Ended June 30,
	2014			2013
Income (Loss) (numerator)	$	(169,710	)	$	(67,904	)
Shares (denominator)		8,175,090			5,932,650
Basic and diluted income (loss) per share	$	(0.02	)	$	(0.01	)