STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)	$ (529,711)	$ 774,859
Adjustments to Reconcile Net Income (Loss) to Net Cash Used in Operating Activities:
Depreciation, Depletion and Amortization	178,135	126,311
(Gain) Loss on Sale of Assets	34,601	(2,294,920)
(Gain) on Turnkey Drilling Programs	(396,454)	(241,932)
Debt Discount Amortization, net of adjustments	0	280,583
Decrease (Increase) in:
Accounts Receivable	(840,416)	426,047
Prepaid Expenses and Other Assets	101,399	(119,584)
Increase (Decrease) in:
Accounts Payable and Accrued expenses	265,992	(452,057)
Deferred Drilling Obligations	(518,982)	(118,118)
Net Cash Used in Operating Activities	(1,705,436)	(1,618,811)
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for Oil and Gas Properties and Other Capital Expenditures	(2,495,777)	(1,156,458)
Proceeds from Turnkey Drilling Programs	2,300,831	893,667
Proceeds from Sale of Assets	0	3,413,155
Net Cash Provided (Used) by Investing Activities	(194,946)	3,150,364
CASH FLOWS FROM FINANCING ACTIVITIES
Principal Payments on Long-Term Debt	(10,342)	(1,183,333)
Proceeds from Stock Option and Warrant Exercises	0	639,671
Proceeds from Sale of Common Stock	0	1,021,668
Net Cash Provided (Used) by Financing Activities	(10,342)	478,006
Net Increase (Decrease) in Cash and Cash Equivalents	(1,910,724)	2,009,559
Cash at Beginning of Year	4,878,233	1,489,930
Cash at End of Period	2,967,509	3,499,489
Cash Paid for Interest	37,293	22,785
Cash Paid for Taxes	1,900	800
Non-Cash Investing and Financing Transactions
Conversion of Debt to Common Stock	$ 0	$ 954,547