XML 36 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions and Dispositions - Acquisitions (Details) (Permian Basin Fairway Operations, USD $)
0 Months Ended 9 Months Ended
Sep. 18, 2014
Jul. 31, 2014
Jun. 30, 2014
Sep. 30, 2014
drilling_location
Sep. 18, 2014
Jun. 30, 2014
producing_well
acre
completed_well
Permian Basin Fairway Operations
           
Business Acquisition [Line Items]            
Percentage of working interest acquired           10.00%
Percentage of net revenue interest acquired           7.50%
Acquisition cost     $ 2,491,888 $ 3,400,000    
Number of productive wells       50   7
Number of wells in process           4
Gross acres (acres)           2,080
Purchase price adjustment payment 346,988 558,246        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]            
Proved Producing Lease and Well Costs Acquired         2,240,530  
Proved Producing Leasehold Costs Acquired         197,654  
Unproved Leasehold Costs Acquired         958,938  
Total Oil and Gas Property Costs Acquired         $ 3,397,122