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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Oil and natural gas sales $ 457,725 $ 554,035
Sale of oil and natural gas properties 949 533,048
Gas gathering income      
Total revenues 458,674 1,087,083
Oil and gas producing activities:    
Lease operating expenses 187,807 283,709
Production taxes 35,837 44,196
Depreciation, depletion, amortization and accretion 172,602 131,107
Gas gathering:    
Operating expenses 3,543 3,660
Depreciation 11,055 11,055
General and administrative expenses:    
Director fees 450 30,000
Investor relations 30,897 45,804
Legal, auditing and professional services 30,590 49,080
Consulting and executive services:    
Related parties 30,750 110,750
Unrelated parties   71,445
Other administrative expenses 21,370 13,546
Depreciation 285 143
Total operating expenses 525,186 794,495
Operating loss (66,512) 292,588
Other income (expense):    
Gain on extinguishment of debt      
Interest income 1 155
Interest expense (25,496) (17,845)
Income (loss) before income taxes (92,007) 274,898
Income tax benefit (expense)      
Net income (loss) (92,007) 274,898
Net Income (Loss) Applicable to Common Stockholders:    
Net income (loss) (92,007) 274,898
Accrued preferred stock dividends (195,875) (195,875)
Net income (loss) applicable to common stockholders $ (287,882) $ 79,023
Earnings (Loss) Per Share Applicable to Common Stockholders:    
Basic $ (0.04) $ 0.01
Diluted $ (0.04) $ 0.01
Weighted Average Number of Common Shares Outstanding:    
Basic 7,980,000 7,764,000
Diluted 7,980,000 7,764,000