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Subsequent Events
3 Months Ended
Mar. 31, 2014
Subsequent Events [Abstract]  
Subsequent Events
11)       Subsequent Events

On May 7, 2014, the Company entered into a Participation Agreement with a private South Texas based Oil and Gas Company (“Seller”) to acquire 33% of the Seller’s interest in Dimmit County, Texas primary leasehold acreage and farm-in acreage to be earned through a continuous drilling program.  The Company paid $3.9 million to enter into the transaction, which includes our proportionate share of drilling costs for the initial test well in the prospect.