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Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
OPERATING REVENUES    
Oil and gas sales $ 26,969,359us-gaap_OilAndGasSalesRevenue $ 18,174,524us-gaap_OilAndGasSalesRevenue
Gas transportation, gathering, and processing 161,975us-gaap_NaturalGasMidstreamRevenue 158,937us-gaap_NaturalGasMidstreamRevenue
Other income 89,484us-gaap_OtherSalesRevenueNet 32,097us-gaap_OtherSalesRevenueNet
Total operating revenues 27,220,818us-gaap_OilAndGasRevenue 18,365,558us-gaap_OilAndGasRevenue
OPERATING COSTS AND EXPENSES    
Production costs 13,143,673us-gaap_ExplorationAndProductionCosts 10,220,034us-gaap_ExplorationAndProductionCosts
Depreciation, depletion, amortization, and accretion 9,702,192us-gaap_DepreciationAmortizationAndAccretionNet 5,752,361us-gaap_DepreciationAmortizationAndAccretionNet
Environmental settlement and related costs 6,600,000us-gaap_EnvironmentalRemediationExpense  
Selling, general, and administrative 6,026,558us-gaap_SellingGeneralAndAdministrativeExpense 6,230,598us-gaap_SellingGeneralAndAdministrativeExpense
Total operating costs and expenses 35,472,423us-gaap_CostsAndExpenses 22,202,993us-gaap_CostsAndExpenses
Gain on sale of assets 6,902,322us-gaap_GainLossOnDispositionOfAssets 7,015,950us-gaap_GainLossOnDispositionOfAssets
(LOSS) INCOME FROM OPERATIONS (1,349,283)us-gaap_OperatingIncomeLoss 3,178,515us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSES)    
Interest income 3,090us-gaap_InvestmentIncomeInterest 19,090us-gaap_InvestmentIncomeInterest
Interest expense (19,782,603)us-gaap_InterestExpense (15,047,619)us-gaap_InterestExpense
Extinguishment/loss on warrant derivatives   (6,191,722)us-gaap_GainLossOnSaleOfCommodityContracts
Gain on commodity derivative 8,588,535us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet 306,385us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
Total other income (expenses) (11,190,978)us-gaap_NonoperatingIncomeExpense (20,913,866)us-gaap_NonoperatingIncomeExpense
NET LOSS BEFORE INCOME TAXES (12,540,261)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (17,735,351)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
INCOME TAX BENEFIT (EXPENSE) 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
NET LOSS $ (12,540,261)us-gaap_NetIncomeLoss $ (17,735,351)us-gaap_NetIncomeLoss
NET LOSS PER SHARE-BASIC AND DILUTED $ (0.90)us-gaap_EarningsPerShareBasicAndDiluted $ (1.34)us-gaap_EarningsPerShareBasicAndDiluted
WEIGHTED AVERAGE SHARES - BASIC AND DILUTED 13,910,016us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 13,281,859us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted