CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
Oil and natural gas sales	$ 234,560	$ 669,488	$ 477,225	$ 1,165,239
Sale of oil and natural gas properties	0	78,815	27,120	242,472
Royalty revenue	3,000	963	3,941	1,770
Total revenues	508,286	749,266	508,286	1,409,481
Oil and gas producing activities:
Lease operating expenses	198,069	208,566	414,865	369,934
Production taxes	19,374	58,589	37,799	91,646
Depreciation, depletion, amortization and accretion	133,988	162,182	341,957	291,845
Gas gathering:
Operating expenses	0	3,385	1,406	7,370
Depreciation	11,055	11,055	22,110	22,110
General and administrative expenses:
Director fees	12,000	450	22,000	450
Investor relations	7,465	29,621	10,628	35,186
Legal, auditing and professional services	61,290	34,596	73,855	78,644
Consulting and executive services:
Related parties	36,000	97,500	83,400	127,500
Other administrative expenses	25,285	19,307	44,439	41,082
Depreciation	143	142	285	285
Total operating expenses	504,669	625,393	1,052,747	1,066,052
Operating loss	(267,108)	123,873	(544,461)	343,429
Other income (expense):
Interest income (expense), net	(31,522)	(34,808)	(58,680)	(69,978)
Total other expense	(31,522)	(34,808)	(58,680)	(69,978)
Income (loss) before income taxes	(298,631)	89,065	(603,141)	273,451
Income tax benefit (expense)	0	0	0	0
Net income (loss)	(298,631)	89,065	(603,141)	273,451
Net Income Applicable to Common Stockholders:
Net income (loss)	(298,631)	89,065	(603,141)	273,451
Accrued preferred stock dividends	0	(3,750)	0	(7,500)
Net income (loss) applicable to common stockholders	$ (298,631)	$ 85,315	$ (603,141)	$ 265,951
Earnings (Loss) Per Share Applicable to Common Stockholders:
Basic	$ (0.02)	$ 0.01	$ (0.05)	$ 0.02
Diluted	$ (0.02)	$ 0.01	$ (0.05)	$ 0.02
Weighted Average Number of Common Shares Outstanding:
Basic	12,753,000	12,408,000	12,732,000	12,607,000
Diluted	12,753,000	12,408,000	12,732,000	12,607,000