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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES:    
Oil and gas sales $ 1,043,599 $ 1,007,803
COSTS AND EXPENSES:    
Operating expenses 496,290 434,438
General and administrative 577,963 222,141
Taxes, other than income and payroll taxes 33,609 30,397
Provision for depletion, depreciation, and amortization 103,970 112,979
Accretion expense 9,417 10,379
Other costs and expenses 46,090 33,224
Costs and expenses, Total 1,267,339 843,558
OPERATING (LOSS) INCOME (223,740) 164,245
OTHER INCOME:    
Interest 9,661 10,311
Other 7,000 0
Nonoperating Income (Expense) 16,661 10,311
(LOSS) INCOME BEFORE INCOME TAX (BENEFIT) EXPENSE (207,079) 174,556
Income tax (benefit) expense    
Current (525,000) 5,769
Deferred 476,500 56,100
Income tax (benefit) expense, Total (48,500) 61,869
NET (LOSS) INCOME $ (158,579) $ 112,687
BASIC (LOSS) INCOME PER COMMON SHARE (in dollars per share) $ (0.03) $ 0.02
DILUTED (LOSS) INCOME PER COMMON SHARE (in dollars per share) $ (0.03) $ 0.02
Weighted average number of common shares outstanding (in shares) 4,688,085 4,688,085
Diluted average number of common shares outstanding (in shares) 4,688,085 4,688,085