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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Consolidated Statements of Operations [Abstract]    
REVENUES $ 3,609,326 $ 2,917,528
COSTS AND EXPENSES    
Production Costs 2,319,640 1,621,166
Depreciation, depletion, amortization and accretion 639,449 1,010,998
Selling, general and administrative 1,560,338 1,412,775
Total costs and expenses 4,519,427 4,044,939
Gain (loss) on sale of assets (8,787) 61,855
LOSS FROM OPERATIONS (918,888) (1,065,556)
OTHER INCOME (EXPENSES)    
Interest Income 4,821 7,193
Interest Expense (1,902,746) (438,744)
Gain on derivative contracts 123,677 639
Total other income (expenses) (1,774,248) (430,912)
NET LOSS BEFORE INCOME TAXES (2,693,136) (1,496,468)
INCOME TAXES 0   
NET LOSS $ (2,693,136) $ (1,496,468)
NET LOSS PER SHARE - BASIC AND DILUTED $ (0.20) $ (0.12)
WEIGHTED AVERAGE SHARES - BASIC AND DILUTED 13,236,228 12,979,828