CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenues:
Oil sales	$ 243,848	$ 219,404	$ 683,827	$ 633,961
Natural gas sales	21,385	20,220	55,828	65,638
Royalty revenues	0	483	1,959	1,760
Total revenues	265,233	240,107	741,614	701,359
Oil and gas producing activities:
Lease operating expenses	215,167	313,086	660,197	800,541
Production taxes	18,595	19,367	47,604	55,434
Depreciation, depletion, amortization and accretion	62,000	104,523	198,000	403,333
Impairment	0	0	0	252,000
General and administrative expenses:
Director fees	10,000	10,000	30,000	30,000
Investor relations	1,108	1,097	4,962	8,410
Legal, auditing and professional fees	2,473	23,185	66,219	109,069
Consulting fees executive services-Related Parties	8,812	14,000	40,030	54,732
Other administrative expenses	8,132	10,103	24,428	33,275
Total operating expenses	326,287	495,361	1,071,440	1,746,794
Operating loss	(61,054)	(255,254)	(329,826)	(1,045,435)
Other income (expense):
Gain on sale of oil & gas properties	23,844	0	23,844	0
Other income	0	0	2,218	0
Interest income (expense), net	(25,296)	(25,067)	(77,831)	(70,019)
Total other income (expense)	(1,452)	(25,067)	(51,769)	(70,019)
Loss before income taxes	(62,506)	(280,321)	(381,595)	(1,115,454)
Income tax benefit (expense)	0	0	0	0
Net loss	(62,506)	(280,321)	(381,595)	(1,115,454)
Net Loss Applicable to Common Stockholders:
Net loss	(62,506)	(280,321)	(381,595)	(1,115,454)
Preferred stock dividends declared	(47,990)	(47,991)	(142,930)	(143,970)
Net loss applicable to common stockholders	$ (110,496)	$ (328,312)	$ (524,525)	$ (1,259,424)
Loss Per Share Applicable to Common Stockholders:
Basic	$ (0.01)	$ (0.02)	$ (0.04)	$ (0.09)
Diluted	$ (0.01)	$ (0.02)	$ (0.04)	$ (0.09)
Weighted Average Number of Common Shares Outstanding:
Basic	14,674,580	14,673,700	14,674,580	14,450,550
Diluted	14,674,580	14,673,700	14,674,580	14,450,550