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CAPITALIZED ACQUISITION COSTS (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities [Line Items]    
Balance, at the beginning of the period $ 55,204,041 $ 55,173,564
Additions 0 30,477
Balance, at the end of the period $ 55,204,041 $ 55,204,041