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Unsecured Revolving Credit Agreement (Details) - Texas Capital Bank, N.A.
1 Months Ended 3 Months Ended
Feb. 29, 2012
USD ($)
Sep. 30, 2015
USD ($)
Revolving credit facility    
Unsecured Revolving Credit Agreement    
Maximum amount available under revolving credit facility $ 50,000,000  
Initial borrowing base 5,000,000 $ 5,000,000
Term of revolving credit facility   4 years
Value of oil and gas properties subject (as a percent)   25.00%
Commitment fee accruing on unutilized availability (as a percent)   0.50%
Loan costs to be compensated to lender over the life of the Credit Agreement 50,000  
Outstanding borrowings   $ 0
Debt issuance costs 179,468  
Unamortized debt issuance costs   $ 20,257
Revolving credit facility | Minimum    
Unsecured Revolving Credit Agreement    
Total funded indebtedness to EBITDA ratio   3
Revolving credit facility | Maximum    
Unsecured Revolving Credit Agreement    
Current ratio   1.5
Total funded indebtedness to EBITDA ratio   2.5
EBITDA to interest expense ratio   3
Revolving credit facility | LIBOR    
Unsecured Revolving Credit Agreement    
Variable interest rate basis   Adjusted LIBOR
Interest period one   1 month
Interest period two   2 months
Interest period three   3 months
Interest period four   6 months
Term for payment of interest   3 months
Revolving credit facility | Prime rate    
Unsecured Revolving Credit Agreement    
Variable interest rate basis   Lender’s prime rate
Revolving credit facility | Federal funds rate    
Unsecured Revolving Credit Agreement    
Variable interest rate basis   Federal Funds Rate
Margin added to variable interest rate basis (as a percent)   0.50%
Letter of credit    
Unsecured Revolving Credit Agreement    
Maximum amount available under revolving credit facility $ 1,000,000  
Term of revolving credit facility   1 year
Letter of credit fees rate applied to principal amounts (as a percent)   3.50%
Outstanding borrowings   $ 0
Delhi field | Revolving credit facility    
Unsecured Revolving Credit Agreement    
Deferred legals fee   50,414
Costs incurred for title work related to the Dehli Field   $ 108,472