Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
OPERATING REVENUES
Oil and gas sales	$ 4,343,739	$ 783,045	$ 12,559,344	$ 5,692,389
Gas transportation, gathering, and processing	35,203	98,288	97,093	285,976
Other income	25,801	(2,363)	28,790	57,561
Total operating revenues	4,404,743	883,696	12,685,227	6,035,926
OPERATING COSTS AND EXPENSES
Production costs	2,795,073	829,256	7,363,564	3,558,674
Depreciation, depletion, amortization and accretion	986,670	550,759	2,365,280	2,303,807
Selling, general and administrative	1,633,112	1,456,313	4,733,539	4,548,302
Total operating costs and expenses	5,414,855	2,836,328	14,462,383	10,410,783
Gain (loss) on sale of assets	6,887	43,836	(1,900)	112,898
LOSS FROM OPERATIONS	(1,003,225)	(1,908,796)	(1,779,056)	(4,261,959)
OTHER INCOME (EXPENSES)
Interest income	3,463	3,968	18,142	17,147
Interest expense	(5,200,628)	(1,659,934)	(11,002,002)	(3,530,819)
Gain (loss) on warrant derivatives	3,806	(63,023)	595,245	780,317
Gain (loss) on commodity derivative	100,796		760,152	639
Total other income (expenses)	(5,092,563)	(1,718,989)	(9,628,463)	(2,732,716)
NET LOSS BEFORE INCOME TAXES	(6,095,788)	(3,627,785)	(11,407,519)	(6,994,675)
INCOME TAX BENEFIT		58,013		58,013
NET LOSS	$ (6,095,788)	$ (3,569,772)	$ (11,407,519)	$ (6,936,662)
NET LOSS PER SHARE - BASIC AND DILUTED	$ (0.46)	$ (0.27)	$ (0.86)	$ (0.53)
WEIGHTED AVERAGE SHARES - BASIC AND DILUTED	13,317,978	13,156,578	13,264,077	13,042,264