BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and Cash Equivalents	$ 3,763,819	$ 3,061,841
Other Receivables, net	381,192	1,760,181
Revenue Receivables	147,936	493,295
Prepaid Expenses	114,036	158,404
Total Current Assets	4,406,983	5,473,721
Other Assets	730,844	510,821
Oil And Gas Properties (Successful Efforts Basis), Real Property and Equipment and Fixtures, net	6,532,478	7,594,666
Total Assets	11,670,305	13,579,208
Current Liabilities:
Accounts Payable and Accrued Expenses	2,937,226	4,502,559
Current Portion of Long-Term Debt	30,528	29,031
Deferred Drilling Obligations	8,415,528	7,937,786
Total Current Liabilities	11,383,282	12,469,376
Noncurrent Liabilities:
Asset Retirement Obligation	1,096,179	804,206
Note Payable, less current portion	1,416,325	1,446,853
Total Noncurrent Liabilities	2,512,504	2,251,059
Total Liabilities	13,895,786	14,720,435
Stockholders' Deficit:
Convertible Preferred Stock, Series AA, No Par Value, 147,500 Shares Authorized; 46,662 Shares Issued and Outstanding, at December 31, 2015 and 2014, Respectively	136,149	136,149
Common Stock, No Par Value, 30,000,000 Shares Authorized; 16,396,579 and 14,945,789 Shares Issued and Outstanding, at December 31, 2015 and 2014, respectively	38,846,751	38,014,730
Paid in Capital	425,678	337,640
Accumulated Deficit	(41,634,059)	(39,623,243)
Accumulated Other Comprehensive Loss	0	(6,503)
Total Stockholders' Deficit	(2,225,481)	(1,141,227)
Total Liabilities and Stockholders' Deficit	$ 11,670,305	$ 13,579,208