BALANCE SHEETS (USD $)	Jun. 30, 2013	Dec. 31, 2012
Current Assets
Cash and Cash Equivalents	$ 3,499,489	$ 1,489,930
Accounts Receivable, net	3,543,113	3,969,160
Prepaid Expenses	764,481	469,038
Available for Sale Security	6,503	0
Inventory	354,421	612,464
Total Current Assets	8,168,007	6,540,592
Other Assets	946	6,946
Oil and Gas Properties, at cost, (successful efforts basis), Equipment and Fixtures	10,072,594	10,955,797
Total Assets	18,241,547	17,503,335
Current Liabilities:
Accounts Payable and Accrued Expenses	4,498,964	4,932,468
Current Portion of Long-Term Debt, Net of Discount	401,371	2,258,668
Current Portion of Deferred Tax Liability	1,775	1,775
Deferred Revenue from Turnkey Drilling	8,575,625	8,693,743
Total Current Liabilities	13,477,735	15,886,654
Noncurrent Liabilities:
Asset Retirement Obligation	935,535	954,088
Total Noncurrent Liabilities	935,535	954,088
Total Liabilities	14,413,270	16,840,742
Stockholders' Equity:
Common Stock, no par value, 20,000,000 shares authorized, 14,186,907 and 12,545,465 shares issued and outstanding , respectively	36,668,875	33,247,571
Convertible preferred stock, Series AA, no par value, 147,500 shares authorized; 52,784 and 52,784 shares issued and outstanding, respectively	154,014	154,014
Accumulated Deficit	(33,637,132)	(34,186,930)
Paid in Capital	642,520	1,447,938
Total Stockholders' Equity	3,828,277	662,593
Total Liabilities and Stockholders' Equity	$ 18,241,547	$ 17,503,335