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Oil and Gas Properties
6 Months Ended
Jun. 30, 2013
Oil and Gas Properties [Abstract]  
OIL AND GAS PROPERTIES

NOTE 3 — OIL AND GAS PROPERTIES

Total additions for oil and gas properties for the three months ended June 30, 2013 and 2012 were $11,314,610 and $12,996,339, respectively. Total additions for oil and gas properties for the six months ended June 30, 2013 and 2012 were $12,692,501 and $14,249,455, respectively. Depreciation, depletion, and amortization expenses on oil and gas properties were $717,643 and $685,857 for the three months ended June 30, 2013 and 2012, respectively. Depreciation, depletion, and amortization expenses on oil and gas properties were $1,333,957 and $1,630,574 for the six months ended June 30, 2013 and 2012, respectively