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OPERATIONS
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
OPERATIONS

NOTE 2 - OPERATIONS

We have incurred net losses for the years ended December 31, 2013 and 2012 of $(17,735,351) and $(21,203,604), respectively. Although our current and prior year-to-date revenues were not sufficient to cover our operating costs and interest expense, we are focusing on drilling Marcellus Shale wells which based upon projections, are expected to increase our cash flow. If our cash flows from operations are not sufficient to meet liquidity requirements, we may need to sell assets, obtain additional financing or issue equity.

Our net losses and cash flows used in operating and investing activities during the years ended December 31, 2013 and 2012 were primarily funded using net proceeds from notes payable to Chambers (see Note 9), in addition to proceeds from the sale of certain oil and gas properties (see Note 7).