CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Oil sales	$ 260,574	$ 200,029	$ 414,557	$ 387,178
Natural gas sales	17,200	34,531	45,418	90,047
Royalty revenues	379	3,000	1,277	3,941
Sale of oil and natural gas properties				27,120
Total revenues	278,153	237,560	461,252	508,286
Oil and gas producing activities:
Lease operating expenses	204,897	198,069	487,455	414,868
Production taxes	21,953	19,374	36,067	37,799
Depreciation, depletion, amortization and accretion	120,268	133,988	298,810	341,957
Impairment			252,000
Gas gathering:
Operating expenses				1,406
Depreciation		11,055		22,110
General and administrative expenses:
Director fees	10,000	12,000	20,000	22,000
Investor relations	5,406	7,465	7,313	10,628
Legal, auditing and professional fees	56,713	61,290	85,884	73,855
Consulting fees executive services-Related Parties	24,232	36,000	40,732	83,400
Other administrative expenses	8,006	25,285	23,172	44,439
Depreciation		143		285
Total operating expenses	451,475	504,669	1,251,433	1,052,747
Operating loss	(173,322)	(267,109)	(790,181)	(544,461)
Interest income (expense), net	(22,237)	(31,522)	(44,952)	(58,680)
Total other expense	(22,237)	(31,522)	(44,952)	(58,680)
Loss before income taxes	(195,559)	(298,631)	(835,133)	(603,141)
Income tax benefit (expense)
Net loss attributable to Arete Industries, Inc.	(195,559)	(298,631)	(835,133)	(603,141)
Net Income Applicable to Common Stockholders:
Net loss	(195,559)	(298,631)	(835,133)	(603,141)
Preferred stock dividends declared	(47,470)		(95,979)
Net income (loss) applicable to common stockholders	$ (243,029)	$ (298,631)	$ (931,112)	$ (603,141)
Earnings (Loss) Per Share Applicable to Common Stockholders:
Basic	$ (0.02)	$ (0.02)	$ (0.06)	$ (0.05)
Diluted	$ (0.02)	$ (0.02)	$ (0.06)	$ (0.05)
Weighted Average Number of Common Shares Outstanding:
Basic	14,469,700	12,753,000	14,382,550	12,732,000
Diluted	14,469,700	12,753,000	14,382,550	12,732,000