STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:
Sale of Oil and Gas	$ 498,838	$ 387,477	$ 1,286,834	$ 1,255,321
Turnkey drilling	2,470,322	0	3,363,989	0
Supervisory Fees and Other	160,496	166,170	485,534	535,717
Total Revenues	3,129,656	553,647	5,136,357	1,791,038
Costs and Expenses:
General and Administrative	753,227	821,603	2,309,441	2,833,050
Turnkey Drilling and Development	1,220,536	(343,707)	1,762,379	(153,549)
Lease Operating	326,515	272,635	860,465	878,966
Lease Impairment	46,311	20,500	46,311	202,127
Geological and Geophysical Expense	24,997	773	24,997	423,459
Inventory Write Down	39,185	0	39,185	62,744
Legal and Accounting	26,509	80,772	278,973	500,647
Marketing	101,844	182,161	204,565	508,302
Depreciation, Depletion and Amortization	346,093	656,909	807,357	1,394,028
Total Costs and Expenses	2,885,217	1,691,646	6,333,673	6,649,774
Gain on Sale of Assets, Net	350,233	1,547	2,645,153	3,284
Income (Loss) From Operations	594,672	(1,136,452)	1,447,837	(4,855,452)
Other Income (Expense):
Interest Expense	(1,105)	(19,039)	(304,472)	(87,401)
Income (Loss) Before Income Tax Expense (Benefit)	593,567	(1,155,491)	1,143,365	(4,942,853)
Income tax provision (benefit)	0	(330,306)	0	(1,434,089)
Net Income (Loss)	593,567	(825,185)	1,143,365	(3,508,764)
Basic Earnings (Loss) Per Share (in Dollars per share)	$ 0.04	$ (0.07)	$ 0.08	$ (0.32)
Diluted Earnings (Loss) Per Share (in Dollars per share)	$ 0.04	$ (0.07)	$ 0.08	$ (0.32)
Other Comprehensive Income
Unrealized Gain on Equity Securities	9,945	1,501	9,945	1,843
Other Comprehensive Income, before tax	9,945	1,501	9,945	1,843
Income Tax Expense Related to Items of Other Comprehensive Income	0	436	0	535
Other Comprehensive Income, net of tax	9,945	1,065	9,945	1,308
Comprehensive Income (Loss)	$ 603,512	$ (824,120)	$ 1,153,310	$ (3,507,456)