E. COMMODITY DERIVATIVE INSTRUMENTS (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
E. Commodity Derivative Instruments Details 2
Sales of natural gas and crude oil	$ 4,649,009	$ 7,821,497	$ 14,756,582	$ 31,837,566
Gains (losses) realized from sale of commodity derivatives			4,030,000
Other gains (losses) realized on commodity derivatives	$ 432,825	$ (223,614)	1,084,610	$ (2,264,661)
Unrealized gains (losses) on commodity derivatives	$ 3,460,825	2,607,959	$ (1,847,371)	921,026
Amortized gains from benefit of sold qualified gas options		23,438		70,313
Total revenue from natural gas and crude oil	$ 8,542,659	$ 10,229,280	$ 18,023,821	$ 30,564,244