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7. Asset Retirement Obligation (Tables) | 9 Months Ended
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Sep. 30, 2015
Asset Retirement Obligation Disclosure [Abstract] |
Asset retirement obligation |
|  | Nine Months Ended |
|  | September 30, |
|  | 2015 |  |  | 2014 |
Beginning ARO |  | $ | 286,804 |  |  | $ | 160,665 |
Liabilities incurred for new wells placed in production |  |  | 42,391 |  |  |  | 61,815 |
Accretion of discount on ARO |  |  | 23,900 |  |  |  | 15,486 |
Ending ARO |  | $ | 353,095 |  |  | $ | 237,966 |

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- Definition Tabular disclosure of the carrying amount of a liability for asset retirement obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 410 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849 + Details
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