Susequent Event	9 Months Ended
Sep. 30, 2014
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Note 14 – Subsequent Event On October 15, 2014, the Company, together with Liberty, (the “Sellers”) entered into a Purchase and Sale Agreement (the “PSA”) for the sale of a portion of the Company’s interest in rights below the base of the Clinton Formation (the “Deep Rights”) underlying certain oil and gas leases located in Kentucky and West Virginia (the “Leases”). Pursuant to the PSA, the Sellers will reserve (i) a minority working interest in the Deep Rights, (ii) an overriding royalty interest in certain of the Deep Rights and (iii) all rights from the surface to the base of the Clinton formation underlying the Leases. In consideration of the conveyance of the Deep Rights, at closing, the Company’s share of the cash proceeds from the sale will be approximately $12 million. The closing of the PSA transaction is subject to due diligence by the buyer. The PSA contains customary representations, warranties and covenants by the parties. The PSA may be terminated by the Sellers or the buyer: (i) if the downward adjustments to the Purchase Price attributable to title defects or adverse environmental conditions exceed certain thresholds; (ii) if the representations and warranties by either party fail to be materially correct at closing; or (iii) if either party fails to perform or satisfy covenants required for closing. The PSA provides for a closing date no later than 60 days from the date of the PSA.

Susequent Event

9 Months Ended

Sep. 30, 2014

Note 14 – Subsequent Event

On October 15, 2014, the Company, together with Liberty, (the “Sellers”) entered into a Purchase and Sale Agreement (the “PSA”) for the sale of a portion of the Company’s interest in rights below the base of the Clinton Formation (the “Deep Rights”) underlying certain oil and gas leases located in Kentucky and West Virginia (the “Leases”).

Pursuant to the PSA, the Sellers will reserve (i) a minority working interest in the Deep Rights, (ii) an overriding royalty interest in certain of the Deep Rights and (iii) all rights from the surface to the base of the Clinton formation underlying the Leases. In consideration of the conveyance of the Deep Rights, at closing, the Company’s share of the cash proceeds from the sale will be approximately $12 million.

The closing of the PSA transaction is subject to due diligence by the buyer. The PSA contains customary representations, warranties and covenants by the parties. The PSA may be terminated by the Sellers or the buyer: (i) if the downward adjustments to the Purchase Price attributable to title defects or adverse environmental conditions exceed certain thresholds; (ii) if the representations and warranties by either party fail to be materially correct at closing; or (iii) if either party fails to perform or satisfy covenants required for closing. The PSA provides for a closing date no later than 60 days from the date of the PSA.