Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (27,576,703)	$ (5,813,546)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, depletion, amortization and accretion	10,526,104	3,421,359
Amortization of financing costs and debt discount	2,846,550	970,098
Share-based compensation	197,989	692,003
Professional fees paid by common stock issuance	231,250	270,000
Gain on sale of assets	(130,000)
Interest and legal expense added to principal	11,173,574
Total loss (gain) on commodity derivatives	1,397,072	(6,848,261)
Cash settlement of commodity derivatives	2,529,592	12,129,437
Changes in operating assets and liabilities:
Changes in restricted cash	213,077
Accounts receivable, trade	(1,919,566)	(7,560,210)
Accounts receivable due from operator	(31,097)
Prepaid expenses and other current assets	(118,498)	(24,667)
Other assets	(1,034)	(1,006)
Accounts payable and accrued expenses	420,650	(2,249,624)
Accounts payable due to operator	(548,086)	2,426,003
Environmental settlement and related costs	(250,000)	(600,000)
Deferred revenue	(62,510)
Revenue payable	1,018	(7,040)
Net cash used in operating activities	(1,100,618)	(3,195,454)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of assets	140,000
Expenditures for oil and gas properties	736,395	(193,597)
Expenditures for property and equipment		(5,168)
Net cash provided by (used in) investing activities	876,395	(198,765)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on notes payable		(569,497)
Proceeds from notes payable		3,050,000
Stock options exercised		327,016
Net cash provided by financing activities		2,807,519
NET DECREASE IN CASH	(224,223)	(586,700)
CASH, BEGINNING OF PERIOD	473,081	1,585,530
CASH, END OF PERIOD	248,858	998,830
SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:
Interest	2,048	6,163,479
Income taxes	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accrued expenditures for oil and gas properties	548,086	(4,573,997)
Increase in asset retirement obligation	$ 15,548	$ 22,744