STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss	$ (624,320)	$ (1,131,916)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Depreciation, Depletion and Amortization	77,183	74,791
Lease Impairment	0	12,681
Gain on Turnkey Drilling Programs	(220,074)	0
Well Equipment Write Down	10,589	19,000
Stock-Based Compensation	182,187	33,786
(Increase) Decrease in:
Other & Revenue Receivables	20,266	23,942
Prepaid Expenses and Other Assets	(24,627)	(487,506)
Increase (Decrease) in:
Accounts Payable and Accrued expenses	302,663	(93,180)
Net Cash Used in Operating Activities	(276,133)	(1,548,402)
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for Oil and Gas Properties and Other Capital Expenditures	(1,411,811)	(1,055,922)
Proceeds from Turnkey Drilling Programs	475,000	625,001
Net Cash Used In Investing Activities	(936,811)	(430,921)
CASH FLOWS FROM FINANCING ACTIVITIES
Principal Payments on Long-Term Debt	(7,579)	(7,390)
Net Cash Used in Financing Activities	(7,579)	(7,390)
Net Decrease in Cash and Cash Equivalents	(1,220,523)	(1,986,713)
Cash at Beginning of Period	3,763,819	3,061,841
Cash at End of Period	2,543,296	1,075,128
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:
Cash Paid for Interest	21,650	21,185
Cash Paid for Taxes	$ 2,100	$ 800