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STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues:    
Sale of Oil and Gas $ 1,018,928 $ 2,598,297
Supervisory Fees and Other 694,160 623,201
Total Revenues 1,713,088 3,221,498
Costs and Expenses:    
General and Administrative 3,181,571 3,162,113
Lease Operating 1,000,769 1,427,673
Delay Rentals 448,313 616,806
Lease Impairment 424,163 268,093
Well Equipment Write Down 60,960 0
Bad Debt Expense 536,538 653,133
Legal and Accounting 558,471 401,160
Marketing 326,143 430,779
Depreciation, Depletion and Amortization 400,813 315,574
Total Costs and Expenses 6,937,741 7,275,331
Gain on Turnkey Drilling Programs 2,330,969 1,640,731
Gain on Sale of Assets 968,956 342,851
Loss from Operations (1,924,728) (2,070,251)
Other Expense:    
Interest Expense (86,088) (81,605)
Loss Before Income Tax Expense (2,010,816) (2,151,856)
Provision for Income Taxes 0 0
Net Loss $ (2,010,816) $ (2,151,856)
Basic Loss Per Share (in Dollars per share) $ (0.13) $ (0.14)
Diluted Loss Per Share (in Dollars per share) $ (0.13) $ (0.14)
Other Comprehensive Income (Loss)    
Unrealized Loss on Equity Securities $ 0 $ 16,448
Less: Reclassification Adjustment for Losses Included in Net Income (6,503) 0
Other Comprehensive Gain (Loss) before tax 6,503 (16,448)
Other Comprehensive Gain (Loss), net of tax 6,503 (16,448)
Comprehensive Loss $ (2,004,313) $ (2,168,304)