SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Land	$ 2,469,000	$ 2,469,000
Office business machines	1,381,968	1,361,149
Drilling and operating equipment	982,010	982,010
Furniture and fixtures	412,215	412,215
Automotive	351,707	351,707
Office leasehold improvements	332,607	332,607
Buildings and improvements	326,000	326,000
Total other property and equipment	6,255,507	6,234,688
Less: Accumulated depreciation and leasehold improvement amortization	(2,174,316)	(1,909,352)
Net book value	$ 4,081,191	$ 4,325,336
Office business machines [Member] | Minimum [Member]
Estimated useful life in years	3 years
Office business machines [Member] | Maximum [Member]
Estimated useful life in years	5 years
Drilling and operating equipment [Member]
Estimated useful life in years	14 years
Furniture and fixtures [Member]
Estimated useful life in years	7 years
Automotive [Member]
Estimated useful life in years	5 years
Office leasehold improvements [Member]
Estimated useful life in years	5 years
Buildings and improvements [Member] | Minimum [Member]
Estimated useful life in years	3 years
Buildings and improvements [Member] | Maximum [Member]
Estimated useful life in years	25 years