Consolidated Statements of Operations (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
OPERATING REVENUES
Oil and gas sales	$ 18,174,524	$ 11,356,626
Gas transportation, gathering, and processing	158,937	323,395
Other income	32,097	75,400
Total operating revenues	18,365,558	11,755,421
OPERATING COSTS AND EXPENSES
Production costs	10,220,034	6,771,123
Depreciation, depletion, amortization and accretion	5,752,361	3,778,563
Impairment of oil and gas properties		10,132,702
Selling, general and administrative	6,230,598	5,919,881
Total operating costs and expenses	22,202,993	26,602,269
Gain on sale of assets	7,015,950	112,898
INCOME (LOSS) FROM OPERATIONS	3,178,515	(14,733,950)
OTHER INCOME (EXPENSES)
Interest income	19,090	18,775
Interest expense	(15,047,619)	(5,738,803)
Extinguishment/loss on warrant derivatives	(6,191,722)	(807,639)
Gain on commodity derivative	306,385
Total other income (expenses)	(20,913,866)	(6,527,667)
NET LOSS BEFORE INCOME TAXES	(17,735,351)	(21,261,617)
INCOME TAX BENEFIT (EXPENSE)		58,013
NET LOSS	$ (17,735,351)	$ (21,203,604)
NET LOSS PER SHARE-BASIC AND DILUTED	$ (1.34)	$ (1.62)
WEIGHTED AVERAGE SHARES - BASIC AND DILUTED	13,281,859	13,074,208