Oil and Gas Properties	12 Months Ended
Dec. 31, 2012
Oil and Gas Properties [Abstract]
OIL AND GAS PROPERTIES	NOTE 6 – OIL AND GAS PROPERTIES Total additions for oil and gas properties for the year ended December 31, 2012 and 2011 were $24,216,129 and $16,124,574, respectively. Depreciation, depletion, and amortization expenses on oil and gas properties were $3,563,599 and $5,368,176 for the years ended December 31, 2012 and 2011, respectively. For 2012, the Company recorded an impairment of $10,132,702 to write down oil and gas properties related to its shallow wells to the fair market value of approximately $2,625,000 of net cash proceeds. As noted below, the shallow wells met the requirements to be classified as assets held for sale as of December 31, 2012; therefore, $22,107,091 of cost and $19,385,400 of accumulated depletion was reclassified to the Other Asset section of the Balance Sheet (See note 7).

The entire disclosure for oil and gas producing industries.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 932

-SubTopic 235

-Section 50

-URI http://asc.fasb.org/section&trid=2145543

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 19

-Paragraph 59A-59Z, 59AA, 59BB, 59CC

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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