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4. OIL AND GAS PROPERTIES (Details) (USD $) | Jun. 30, 2013 | Dec. 31, 2012
--- | --- | ---
Unproved properties | $ 6,186,780 | $ 1,105,645
Proved properties | 3,479,887 | 2,479,535
Asset retirement costs | 15,108 | 16,552
Accumulated depreciation depletion and impairment | (561,440) | (255,662)
Total oil and gas assets | 9,120,335 | 3,346,070
Additions |  |
Unproved properties | 5,081,135 |
Proved properties | 1,000,352 |
Asset retirement costs | (1,444) |
Accumulated depreciation depletion and impairment | (305,778) |
Total oil and gas assets | 5,774,265 |
Disposals |  |
Unproved properties |  |
Proved properties |  |
Asset retirement costs |  |
Accumulated depreciation depletion and impairment |  |
Total oil and gas assets |  |
Transfers |  |
Unproved properties |  |
Proved properties |  |
Asset retirement costs |  |
Accumulated depreciation depletion and impairment |  |
Total oil and gas assets |  |

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- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Asset Retirement Obligation -URI http://asc.fasb.org/extlink&oid=6505190 + Details
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- Definition Oil and gas properties, net of depletion, carried under the full cost method. + References No definition available. + Details
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- Definition Amount of accumulated depreciation, depletion, amortization and impairment of oil and gas property carried under the successful effort method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e61901-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-10(b)) -URI http://asc.fasb.org/extlink&oid=27015464&loc=d3e511914-122862 + Details
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- Definition Oil and Gas properties with proved reserves under the successful effort method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Glossary Proved Properties -URI http://asc.fasb.org/extlink&oid=6522428 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 25 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6474861&loc=d3e64746-109465 + Details
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- Definition Oil and Gas properties with unproved reserves under the successful effort method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e61926-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -Glossary Unproved Properties -URI http://asc.fasb.org/extlink&oid=6527831 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 25 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6474861&loc=d3e64746-109465 + Details
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