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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES    
Crude oil sales $ 1,126 $ 15,490
Oil & Gas operating costs 8,764 8,514
Gross Profit (7,638) 6,976
OPERATING EXPENSES    
Depreciation 706 706
General and administrative 28,051 27,743
Compensation and professional fees 32,564 48,403
Total Operating Expenses 61,321 76,852
LOSS FROM OPERATIONS (68,959) (69,876)
OTHER INCOME (EXPENSE)    
Interest expense (25,676) (25,706)
Total Other Income (Expense) (25,676) (25,706)
NET INCOME (LOSS) BEFORE INCOME TAXES (94,635) (95,582)
PROVISION FOR INCOME TAXES 0 0
NET INCOME (LOSS) (94,635) (95,582)
OTHER COMPREHENSIVE INCOME/(LOSS) NET OF TAXES    
Unrealized income (loss) on available for sale marketable securities 4,195 5,591
COMPREHENSIVE INCOME/(LOSS) $ (90,440) $ (89,991)
LOSS PER SHARE - BASIC & DILUTED $ (0.01) $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 8,425,089 8,175,090