Note 9 - Fair Value Measurements (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Impairment Of Oil And Gas Cost Properties	$ 3,726,267	$ 1,928,548
Fair Value, Inputs, Level 3 [Member]
Asset Retirement Obligation, Liabilities Incurred	49,275	93,526
Asset Retirement Obligation, Liabilities Incurred	49,275	93,526
Impairment Of Oil And Gas Cost Properties	$ 3,726,267	$ 1,928,548