Oil and Gas Properties (Tables)

12 Months Ended

Dec. 31, 2012

Oil and Gas Properties And Equipment Tables [Abstract]

Capitalized Costs Relating to Oil and Gas Producing Activities

		December 31,		December 31,
		2012		2011
Proven Properties:
Acquisition, equipment, exploration, drilling and environmental costs	$	7,235,765	$	5,974,604
Less: Accumulated depletion, depreciation and amortization(1)		(5,578,265)		(2,322,982)
		1,657,500		3,651,622
Unproven Properties:
Acquisition and exploration costs not being amortized (2)		-		537,526
Net capitalized costs - oil and gas properties	$	1,657,500	$	4,189,148

G. CAPITALIZED COSTS RELATING TO OIL AND GAS PRODUCING ACTIVITIES:
			December 31,
			2012		2011
	Proven Properties:
	Acquisition, equipment, exploration, drilling and
	environmental costs	$	7,235,765	$	5,974,604
	Less: accumulated depletion, depreciation and amortization		(5,578,265)		(2,322,982)
			1,657,500		3,651,622
	Unproven Properties:
	Acquisition and exploration costs not being amortized		-		537,526
		$	1,657,500	$	4,189,148

Schedule Of Capitalized Costs Of Unproved Properties Excluded From Amortization Text Block

At December 31, 2012, all costs related to unevaluated properties that were previously excluded from capitalized costs being amortized have been impaired and transferred to the capitalized costs being amortized in the full cost pool.

		Total		2012		2011		2010		Prior
Acquisition costs	$	-	$	(481,689)	$	24,583	$	411,326	$	45,780
Exploration costs		-		(9,962)		198		-		9,764
Capitalized interest		-		(45,875)		26,498		19,377		-
Unproven properties	$	-	$	(537,526)	$	51,279	$	430,703	$	55,544