Business Segments (Tables)

6 Months Ended

Jun. 30, 2012

Business Segments [Abstract]

Operations in different segments

	For the Three Months Ended June 30,		Exploration and Production		Pipeline Transmission		Corporate			Total
Revenue		2012	$	2,137,362	$	94,375	$	232,965		$	2,464,702
		2011		3,798,469		85,487		10,360			3,894,316
Income (loss) from operations		2012		110		55,354		(1,343,071	)		(1,287,607	)
		2011		1,110,484		82,916		(1,570,695	)		(377,295	)
Interest expense		2012		1,432,141		—		—			1,432,141
		2011		442,923		—		—			442,923
Depreciation, depletion, amortization and accretion		2012		741,969		81		—			742,050
		2011		1,847,662		2,516		—			1,850,178
Property and equipment acquisitions, including oil and gas properties		2012		13,266,501		—		—			13,266,501
		2011		5,125,815		—		—			5,125,815

	For the Six Months Ended June 30,		Exploration and Production		Pipeline Transmission		Corporate			Total
Revenue		2012	$	4,909,344	$	187,688	$	285,198		$	5,382,230
		2011		5,253,094		245,043		26,278			5,524,415
Income (loss) from operations		2012		243,577		106,873		(2,703,613	)		(2,353,163	)
		2011		14,212,162		239,956		(2,616,556	)		11,835,562
Interest expense		2012		1,870,855		—		—			1,870,855
		2011		850,117		—		—			850,117
Depreciation, depletion, amortization and accretion		2012		1,752,887		161		—			1,753,048
		2011		2,398,888		5,032		—			2,403,920
Property and equipment acquisitions, including oil and gas properties		2012		14,340,118		—		—			14,340,118
		2011		12,315,380		—		—			12,315,380
Total assets, net of intercompany accounts:
June 30, 2012			$	76,980,229	$	37,878	$	—		$	77,018,107
December 31, 2011			$	57,994,415	$	231,202	$	—		$	58,225,817