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SUPPLEMENTARY INFORMATION (Tables)
3 Months Ended
Mar. 31, 2019
Supplementary Information  
Schedule of capitalized costs
    March 31,     March 31,  
    2019     2018  
             
Oil and natural gas properties:            
Proved   $ 3,302,921     $  
Unproved     2,131,560        
Lease and well equipment     964,926        
Asset retirement obligation     3,496,101        
Less: accumulated depletion     (33,613 )      
Net capitalized costs for oil and natural gas properties   $ 9,861,895     $  
                 

 

For the three months ended March 31:

    2019     2018  
             
Property acquisition costs:            
Proved   $ 2,719,320     $  
Unproved     1,583,679        
Lease and well equipment     679,833        
Asset retirement obligation     3,267,380        
Total costs incurred for oil and natural gas properties   $ 8,250,212     $