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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Organization And Summary Of Significant Accounting Policies [Line Items]      
Fair Value, Concentration of Risk, Cash and Cash Equivalents $ 3,281,893 $ 14,756,581  
Depreciation 214,022 320,090 $ 303,456
Share-based Compensation 3,870,934 3,685,079 2,267,053
Impairment of Oil and Gas Properties $ 14,172,309 $ 0 56,513,016
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 35.00%  
Cumulative Effect on Retained Earnings, Net of Tax   $ 1,596,463  
Excess tax benefit related to share-based compensation $ 907,884 $ (49,896) $ 0
Sales Revenue, Net [Member] | Customer One [Member]      
Organization And Summary Of Significant Accounting Policies [Line Items]      
Concentration Risk, Percentage 85.00% 76.00% 50.00%
Sales Revenue, Net [Member] | Customer Two [Member]      
Organization And Summary Of Significant Accounting Policies [Line Items]      
Concentration Risk, Percentage 11.00% 18.00% 42.00%
Accounts Receivable [Member] | Customer One [Member]      
Organization And Summary Of Significant Accounting Policies [Line Items]      
Concentration Risk, Percentage 90.00% 88.00% 59.00%
Accounts Receivable [Member] | Customer Two [Member]      
Organization And Summary Of Significant Accounting Policies [Line Items]      
Concentration Risk, Percentage   10.00% 32.00%