STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (158,579)	$ 112,687
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Provision for depletion, depreciation, and amortization	103,970	112,979
Accretion expense	9,417	10,379
Deferred income taxes	476,500	56,100
Changes in operating assets and liabilities:
Trade accounts and income taxes receivable	(488,700)	(87,474)
Crude oil inventories	27,727	(34,486)
Prepaid expenses	47,105	56,235
Deferred compensation liability	(744,341)	0
Accounts payable and accrued liabilities	(80,522)	(94,856)
Net cash (used in) provided by operating activities	(807,423)	131,564
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	0	(128,928)
Restricted cash	967,329	0
Increase in short-term investments	(1,065)	(1,331)
Increase in long-term investments	(7,442)	(7,442)
Net cash provided by (used in) investing activities	958,822	(137,701)
Net increase (decrease) in cash and cash equivalents	151,399	(6,137)
Cash and cash equivalents at beginning of period	4,404,246	3,834,097
Cash and cash equivalents at end of period	$ 4,555,645	$ 3,827,960