Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Consolidated Statements of Operations [Abstract]
REVENUES	$ 3,894,316	$ 1,502,711	$ 5,524,415	$ 2,610,070
COSTS AND EXPENSES
Production Costs	840,321	560,999	1,266,408	1,197,714
Depreciation, depletion, amortization and accretion	1,850,178	593,945	2,403,920	1,143,720
Selling, general and administrative	1,581,112	626,799	2,642,890	1,258,975
Total costs and expenses	4,271,611	1,781,743	6,313,218	3,600,409
Gain (loss) on sale of assets			12,624,365	(184)
INCOME (LOSS) FROM OPERATIONS	(377,295)	(279,032)	11,835,562	(990,523)
OTHER INCOME (EXPENSES)
Interest Income	221	4,191	468	9,799
Interest Expense	(442,923)	(817,963)	(850,117)	(1,368,978)
Gain on derivative contracts	12,654	103,105	10,019	153,796
Total other income (expenses)	(430,048)	(710,667)	(839,630)	(1,205,383)
NET INCOME (LOSS) BEFORE INCOME TAXES	(807,343)	(989,699)	10,995,932	(2,195,906)
INCOME TAXES	(20,000)		250,000
NET INCOME (LOSS)	$ (787,343)	$ (989,699)	$ 10,745,932	$ (2,195,906)
NET INCOME (LOSS) PER SHARE - BASIC	$ (0.06)	$ (0.08)	$ 0.84	$ (0.18)
NET INCOME (LOSS) PER SHARE - DILUTED	$ (0.06)	$ (0.08)	$ 0.80	$ (0.18)
WEIGHTED AVERAGE SHARES - BASIC	12,736,831	12,531,078	12,736,084	12,308,914
WEIGHTED AVERAGE SHARES - DILUTED	12,736,831	12,531,078	13,410,084	12,308,914