F. DEBT (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Debt

	September 30,			December 31,
	2014			2013
Variable rate revolving credit facility payable to Société Générale,
OneWest Bank, FSB, and View Point Bank, N.A., maturing
May 20, 2017, secured by oil and natural gas properties held by
Yuma Exploration and Production Company, Inc. and guaranteed
by The Yuma Companies, Inc.	$	24,965,000		$	31,215,000
Installment loan due February 28, 2015, originating from the
financing of insurance premiums at 3.65% interest rate.		565,166			178,027
		25,530,166			31,393,027
Less:  current portion		(565,166	)		(178,027	)
Total long-term debt	$	24,965,000		$	31,215,000

Borrowing base utilization

		LIBOR
Borrowing base utilization	Prime margin	margin
Utilization ≥ 90%	2.25%	3.25%
75% ≤ utilization < 90%	2.00%	3.00%
50% ≤ utilization < 75%	1.75%	2.75%
25% ≤ utilization < 50%	1.50%	2.50%
Utilization < 25%	1.25%	2.25%

Schedule interest expense

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2014	2013	2014	2013
Credit facility	$ 308,486	$ 223,967	$ 889,111	$ 748,450
Credit facility commitment fees	19,133	14,140	47,209	39,053
Amortization and write offs of
credit facility loan costs	47,715	36,436	140,955	431,603
Insurance installment loan	4,955	6,222	9,244	12,789
Louisiana Mineral Board	-	32,383	-	32,383
Other interest charges	616	331	3,069	12,724
Capitalized interest	(266,500)	(249,403)	(767,908)	(788,214)
Total interest expense	$ 114,405	$ 64,076	$ 321,680	$ 488,788