IMPAIRMENT OF ASSETS	3 Months Ended
Sep. 30, 2011
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS [Abstract]
IMPAIRMENT OF ASSETS	NOTE 16 — IMPAIRMENT OF ASSETS We evaluate producing property costs for impairment and reduce such costs to fair value if the sum of expected undiscounted future cash flows is less than net book value pursuant to FASB ASC 360 "Property, Plant and Equipment", formerly Statement of Financial Accounting Standard No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets" ("Statement 144"). We assess impairment of non-producing leasehold costs and undeveloped mineral and royalty interests periodically on a field-by-field basis. We charge any impairment in value to expense in the period incurred. For the three and nine months ended September 30, 2011, there was no impairment charge for our continuing operations and discontinued operations.

IMPAIRMENT OF ASSETS

3 Months Ended

Sep. 30, 2011

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS [Abstract]

NOTE 16 — IMPAIRMENT OF ASSETS

We evaluate producing property costs for impairment and reduce such costs to fair value if the sum of expected undiscounted future cash flows is less than net book value pursuant to FASB ASC 360 "Property, Plant and Equipment", formerly Statement of Financial Accounting Standard No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets" ("Statement 144"). We assess impairment of non-producing leasehold costs and undeveloped mineral and royalty interests periodically on a field-by-field basis. We charge any impairment in value to expense in the period incurred. For the three and nine months ended September 30, 2011, there was no impairment charge for our continuing operations and discontinued operations.