Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (10,414,022)	$ (19,784,100)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation, depletion, amortization and accretion	5,371,023	7,448,799
Amortization of financing costs and debt discount	2,080,632	8,426,119
Share-based compensation	817,030	698,122
Professional fees paid by common stock issuance	270,000
(Gain) loss on sale of assets		(188,616)
Interest and legal expense added to principal	4,917,077	1,818,240
Total (gain) loss on commodity derivative assets	(9,770,324)	62,533
Cash settlements of commodity derivative assets	14,238,371	80,103
Changes in operating assets and liabilities:
Accounts receivable, trade	1,662,134	(2,423,008)
Accounts receivable due from operator, net		(562,000)
Prepaid expenses and other current assets	(64,152)	(8,691)
Other assets	(1,528)	(51,494)
Accounts payable and accrued expenses	(2,873,250)	47,444
Accounts payable due to operator, net	(6,031,736)	(80,103)
Environmental settlement and related costs	(1,600,000)	6,600,000
Revenue payable	9,492	(81,822)
Net cash (used) provided by operating activities	(1,389,253)	2,001,526
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of assets		15,259,668
Expenditures for oil and gas properties	(114,515)	(24,064,991)
Expenditures for property and equipment	(5,168)	(8,470)
Net cash used by investing activities	(119,683)	(8,813,793)
CASH FLOWS FROM FINANCING ACTIVITIES:
Financing costs paid	(1,436,218)	(4,706,656)
Payments on notes payable	(796,313)	(98,703,469)
Proceeds from notes payable	3,050,000	108,093,750
Stock options exercised	327,016	717,064
Net cash provided by financing activities	1,144,485	5,400,689
NET CHANGE IN CASH	(364,451)	(1,411,578)
CASH, BEGINNING OF PERIOD	1,585,530	2,727,832
CASH, END OF PERIOD	434,498	1,316,254
SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:
Interest	6,282,782	8,550,179
Income taxes	0	0
Non-cash investing and financing activities:
Accrued expenditures for oil and gas properties	5,777,983	3,684,099
Increase in asset retirement obligation	37,116	37,116
Accrued expenditures for debt financing	$ 0	$ 0