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Oil Properties | 12 Months Ended
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Dec. 31, 2012
Oil and Gas Property [Abstract] |
Oil and Gas Properties [Text Block] | Note 5 – Oil Properties For the year ended December 31, 2011, we sold a number of oil properties for $3,825,000. In accordance with the full cost method of accounting, the Company did not record a gain or loss on these sales.

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- Definition The entire disclosure for properties used in normal conduct of oil and gas exploration and producing operations. This disclosure may include property accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives. + References No definition available. + Details
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- Details
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