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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue:        
Oil and gas sales $ 156,146 $ 157,665 $ 425,213 $ 157,665
Operating expenses:        
Lease operating costs 269,368 47,835 389,044 47,835
Selling, general and administrative expense 1,288,253 457,151 2,548,342 1,091,413
Impairment of oil and gas properties 53,862    88,503   
Loss on oil and gas property acquisition deposit 200,000    200,000   
Depreciation, depletion, amortization and accretion 116,570 13,469 255,021 13,959
Total operating expenses 1,928,053 518,455 3,480,910 1,153,207
Gain on sale of equity method investments    64,168    64,168
Loss from equity method investments (282,303) (28,083) (367,602) (55,654)
Operating Loss (2,054,208) (324,705) (3,423,299) (987,028)
Other income (expense):        
Interest expense (432,126)    (606,682)   
Interest income 41,944 1,496 86,428 1,782
Gain on change in derivative fair value 11,460    14,005   
Other income       15,294   
Total other expense (378,722) 1,496 (490,955) 1,782
Net loss $ (2,432,931) $ (323,209) $ (3,914,254) $ (985,246)
Net loss per common share:        
Basic and diluted $ (0.17) $ (0.05) $ (0.30) $ (0.17)
Weighted average common shares outstanding-        
Basic and diluted 13,913,815 5,953,534 12,966,415 5,862,105