Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2012

Accrued Liabilities

Schedule of accrued liabilities

	December 31,
	2012		2011
Capital drilling and operating costs	$	4,317,352	$	12,708,058
Accrued compensation	1,800,000		2,800,000
Interest and loan fees	129,614		82,604
Other	433,877		540,662
Total	$	6,680,843	$	16,131,324