Oil and Gas Properties and Equipment

9 Months Ended

Sep. 30, 2016

Oil And Gas Properties And Equipment [Abstract]

Oil and Gas Exploration and Production Industries Disclosures [Text Block]

2. OIL AND GAS PROPERTIES AND EQUIPMENT:
		September 30,		December 31,
		2016		2015
Proven Properties:
Acquisition, equipment, exploration, drilling and abandonment costs	$	10,672,172	$	10,480,165
Less: Accumulated depletion, depreciation and amortization		(9,713,408)		(9,629,020)
	$	958,764	$	851,145