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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues:    
Oil and natural gas sales $ 2,255,126 $ 1,005,149
Sale of oil and natural gas properties 533,048  
Gas gathering income   45,638
Total revenues 2,788,174 1,050,787
Oil and gas producing activities:    
Lease operating expenses 824,027 449,854
Production taxes 187,756 89,109
Depreciation, depletion, amortization and accretion 968,696 310,308
Cost of operations:    
Related Party   30,815
Unrelated parties 15,671 92,420
Depreciation 44,219 44,219
General and administrative expenses:    
Director fees 63,615 120,000
Investor relations 279,775 309,703
Acquisition investigation and due diligence   514,579
Legal, auditing and professional services 191,876 198,873
Consulting and executive services:    
Related parties 409,000 251,302
Unrelated parties 133,186 297,950
Other administrative expenses 83,874 46,441
Depreciation 570 570
Total operating expenses 3,202,265 2,756,143
Operating loss (414,091) (1,705,356)
Other income (expense):    
Gain on sale of Separate Interests   2,479,934
Gain on extinguishment of debt   111,690
Interest income 226 604
Interest expense (80,190) (391,606)
Income (loss) before income taxes (494,055) 495,266
Income tax benefit (expense)      
Net income (loss) (494,055) 495,266
Net Income (Loss) Applicable to Common Stockholders:    
Net income (loss) (494,055) 495,266
Accrued preferred stock dividends (783,750) (196,000)
Net income (loss) applicable to common stockholders $ (1,277,805) $ 299,266
Earnings (Loss) Per Share Applicable to Common Stockholders:    
Basic $ (0.16) $ 0.04
Diluted $ (0.16) $ 0.04
Weighted Average Number of Common Shares Outstanding:    
Basic 7,879,000 6,875,000
Diluted 7,879,000 6,875,000