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ACQUISITIONS (Details 1)
12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
Business Acquisition [Line Items]  
Oil and Gas Revenues | $ $ 37,253,437
Net Income (Loss) | $ $ (9,097,288)
Basic Earnings (Loss) per Share | $ / shares $ (0.32)
Diluted Earnings (Loss) per Share | $ / shares $ (0.32)