M. ASSET RETIREMENT OBLIGATION (Tables)

12 Months Ended

Dec. 31, 2017

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Asset Retirement Obligations

	2017		2016
Asset retirement obligation, January 1	$	2,770	$	2,770
Acquisition of oil and gas properties		–		–
Revisions in the estimated cash flows		–		–
Liability incurred upon acquiring and drilling wells		–		–
Liability settled upon plugging and abandoning wells		–		–
Accretion of discount expense		–		–
Asset retirement obligation, December 31	$	2,770	$	2,770