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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
OPERATING ACTIVITIES    
Net income (loss) $ 8,448,877 $ (7,951,078)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depletion, depreciation and amortization 1,175,643 997,671
Unrealized loss on derivatives 26,150 (297,020)
Amortization of debt issue costs 25,350 25,350
Amortization of intangible assets    9,463
Accretion expense 158,264 84,513
Abandonment costs incurred    51,360
Common stock issued for services 75,001 100,000
Loss on disposal of assets 4,400   
Changes in operating assets and liabilities    
Restricted cash (678,498) 62,210
Accounts receivable 2,058,624 6,358,937
Prepaid expenses and other current assets 152,655 (186,467)
Deposits and other assets (490,838) (213)
Inventory (2,879,729) (2,085,969)
Accounts payable, accrued expenses and other liabilities (5,144) (3,395,086)
Accounts payable, related party (1,857,964) 1,665,782
Net cash provided by (used in) operating activities 6,212,791 (4,560,547)
INVESTING ACTIVITIES    
Capital expenditures (1,145,720) (1,244,859)
Proceeds from sale of assets    201,000
Net cash used in investing activities (1,145,720) (1,043,859)
FINANCING ACTIVITIES    
Proceeds from issuance of debt    5,750,611
Payments on long-term debt (6,103,131) (60,876)
Proceeds from notes payable 2,000,000 15,032
Payments on notes payable (216,182) (206,445)
Net cash provided by (used in) financing activities (4,319,313) 5,498,322
Net increase (decrease) in cash and cash equivalents 747,758 (106,084)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 434,717 420,896
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,182,475 314,812
Non-cash operating activities    
Reduction in accounts receivable in exchange for treasury stock received    800,000
Surety bond funded by seller of pipeline interest 850,000   
Non-cash investing and financing activities:    
New asset retirement obligations 300,980   
Financing of capital expenditures via capital lease 536,635   
Deferred revenue recognized 115,254   
Accrued services payable converted to common stock    50,000
Interest paid $ 1,211,773 $ 617,091