STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
REVENUES:
Oil and gas sales	$ 1,154,409	$ 1,340,314	$ 2,162,212	$ 2,709,372
COSTS AND EXPENSES:
Operating expenses	500,043	459,798	934,481	889,739
General and administrative	234,862	228,878	457,003	439,894
Taxes, other than income and payroll taxes	37,158	36,960	67,555	84,381
Provision for depletion, depreciation, and amortization	148,817	186,738	261,796	367,894
Accretion expense	7,932	5,730	18,311	18,817
Other costs and expenses	52,973	54,669	86,198	84,474
Operating Expenses	981,785	972,773	1,825,344	1,885,199
OPERATING INCOME	172,624	367,541	336,868	824,173
OTHER INCOME (EXPENSE):
Interest income	10,004	10,170	20,315	20,860
Other income	0	250	0	250
Interest expense	0	(290)	0	(716)
Nonoperating Income (Expense)	10,004	10,130	20,315	20,394
INCOME BEFORE INCOME TAX PROVISION	182,628	377,671	357,183	844,567
Income tax provision
Current	9,357	34,600	15,126	83,000
Deferred	43,200	54,500	99,300	100,900
Income Tax Expense (Benefit)	52,557	89,100	114,426	183,900
NET INCOME	$ 130,071	$ 288,571	$ 242,757	$ 660,667
BASIC INCOME PER COMMON SHARE (in dollars per share)	$ 0.03	$ 0.06	$ 0.05	$ 0.14
DILUTED INCOME PER COMMON SHARE (in dollars per share)	$ 0.03	$ 0.06	$ 0.05	$ 0.14
Weighted average number of common shares outstanding (in shares)	4,688,085	4,683,853	4,688,085	4,683,853
Diluted average number of common shares outstanding (in shares)	4,688,085	4,686,827	4,688,085	4,686,929