BALANCE SHEETS - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash	$ 4,994,598	$ 3,763,819
Other Receivables, net	676,647	381,192
Revenue Receivables	303,528	147,936
Prepaid Expenses	63,308	114,036
Total Current Assets	6,038,081	4,406,983
Other Assets	610,779	730,844
Oil And Gas Properties (Successful Efforts Basis), Real Property and Equipment and Fixtures, net	1,733,424	6,532,478
Total Assets	8,382,284	11,670,305
Current Liabilities:
Accounts Payable and Accrued Expenses	2,469,245	2,937,226
Cash Advances on Pending Transactions	1,580,000	0
Current Portion of Long-Term Debt	0	30,528
Deferred Drilling Obligations	7,894,001	8,415,528
Total Current Liabilities	11,943,246	11,383,282
Asset Retirement Obligation	952,110	1,096,179
Note Payable, less current portion	0	1,416,325
Total Noncurrent Liabilities	952,110	2,512,504
Total Liabilities	12,895,356	13,895,786
Stockholders' Deficit:
Convertible Preferred Stock, Series AA, No Par Value, 147,500 Shares Authorized; 0 and 46,662 Shares Issued and Outstanding, at December 31, 2016 and 2015, Respectively	0	136,149
Common Stock, No Par Value, 30,000,000 Shares Authorized; 21,836,033 and 16,396,579 Shares Issued and Outstanding, at December 31, 2016 and 2015, respectively	41,265,449	39,272,429
Accumulated Deficit	(45,778,521)	(41,634,059)
Total Stockholders' Deficit	(4,513,072)	(2,225,481)
Total Liabilities and Stockholders' Deficit	$ 8,382,284	$ 11,670,305

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.