STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
REVENUES:
Oil and gas sales	$ 5,688,437	$ 4,515,211	$ 3,311,895
Gain on sales of property and equipment	1,512	320,556	0
Oil and Gas Revenue Including Gain On Fixed Assets	5,689,949	4,835,767	3,311,895
COSTS AND EXPENSES:
Operating expenses	1,789,569	1,576,892	1,411,721
General and administrative	879,779	874,899	924,676
Stock based compensation	43,743	123,283	209,935
Taxes, other than income and payroll taxes	137,163	128,351	147,724
Provision for depletion, depreciation, and amortization	735,231	703,094	639,738
Valuation allowances	751,263	1,222,527	358,757
Accretion expense	45,314	34,955	41,618
Other costs and expenses	147,330	118,043	115,164
Operating Expenses	4,529,392	4,782,044	3,849,333
OPERATING INCOME (LOSS)	1,160,557	53,723	(537,438)
OTHER INCOME (EXPENSE):
Interest income	49,863	43,601	75,427
Other income (expense)	500	(14,061)	14,400
Interest expense	(3,020)	(300)	(1,313)
Nonoperating Income (Expense)	47,343	29,240	88,514
INCOME (LOSS) BEFORE INCOME TAX PROVISION (BENEFIT)	1,207,900	82,963	(448,924)
Income tax provision (benefit)
Current	203,203	109,100	(195,282)
Deferred	(90,500)	(272,000)	(64,355)
Income Tax Expense (Benefit)	112,703	(162,900)	(259,637)
NET INCOME (LOSS)	$ 1,095,197	$ 245,863	$ (189,287)
BASIC INCOME (LOSS) PER COMMON SHARE (in dollars per share)	$ 0.23	$ 0.05	$ (0.04)
DILUTED INCOME (LOSS) PER COMMON SHARE (in dollars per share)	$ 0.23	$ 0.05	$ (0.04)
Weighted average number of common shares outstanding (in shares)	4,683,853	4,677,728	4,677,728
Diluted average number of common shares outstanding (in shares)	4,687,580	4,686,003	4,677,728