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ACQUISITIONS - The fair values of the assets acquired and the liabilities assumed (Details) - USD ($)
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Assets acquired            
Proved oil and gas properties   $ 296,910,774        
Joint interest billing receivable $ 1,464,394 1,464,394 $ 1,464,394 $ 1,464,394 $ 0 $ 0
Prepaid assets 2,864,554 2,864,554 2,864,554 2,864,554 0 0
Liabilities assumed            
Draw on revolving line of credit       (15,000,000)    
Accounts and revenues payable (1,234,861) (1,234,862) (1,234,862) (1,234,862) 0 0
Asset retirement obligation incurred through acquisition (3,705,941) (2,979,645) (2,979,645) (2,979,645) $ 0 $ 0
Acquisition payable to be settled through equity       (28,356,396)    
Acquisition payable to be settled through cash payment       (256,877,766)    
Total Identifiable Net Assets   $ 297,025,215   $ (300,119,721)    
Wishbone Acquisition            
Assets acquired            
Proved oil and gas properties 305,004,775   296,910,774      
Joint interest billing receivable 1,464,394   1,464,394      
Prepaid assets 2,864,554   2,864,554      
Liabilities assumed            
Accounts and revenues payable (1,234,861)   (1,234,862)      
Asset retirement obligation incurred through acquisition (3,705,941)   (2,979,645)      
Total Identifiable Net Assets $ 304,392,921   $ 297,025,215