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STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 549,798 $ (2,683,579)
Adjustments to Reconcile Net Income (Loss) to Net Cash Used by Operating Activities:    
Depreciation, Depletion and Amortization 461,264 737,119
Lease Impairment 0 181,627
Gain on Sale of Assets (2,294,920) (1,737)
Inventory Write Down 0 62,744
Stock-Based Compensation, net of adjustments 0 19,630
Debt Discount Amortization, net of adjustments 280,583 0
Decrease (Increase) in:    
Accounts Receivable 426,047 349,529
Prepaid Expenses and Other Assets (119,584) 77,009
Increase (Decrease) in:    
Accounts Payable and Accrued expenses (452,057) (102,834)
Deferred Revenues - DWI (118,118) 2,409,940
Deferred Income Tax expense (benefit) 0 (1,103,782)
Net Cash Used by Operating Activities (1,266,987) (54,334)
CASH FLOWS FROM INVESTING ACTIVITIES    
Expenditures for Oil and Gas Properties and Other Capital Expenditures (614,615) (379,619)
Proceeds from Sale of Assets 3,413,155 1,737
Net Cash Provided (Used) by Investing Activities 2,798,540 (377,882)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Long-Term Debt (1,183,333) (1,200,000)
Proceeds from Stock Option and Warrant Exercises 639,671 1,156,635
Proceeds from Sale of Common Stock 1,021,668 0
Net Cash Provided (Used) by Financing Activities 478,006 (43,365)
Net Increase/Decrease in Cash and Cash Equivalents 2,009,559 (475,581)
Cash at Beginning of Year 1,489,930 2,946,131
Cash at End of Period 3,499,489 2,470,550
Cash Paid for Interest 22,785 60,485
Cash Paid for Taxes 800 800
Non-Cash Investing and Financing Transactions    
Conversion of Debt to Common Stock $ 954,547 $ 0