10. Fair Value of Financial Instruments (Details-Recurring basis) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Fair Value Inputs Level1 [Member]
Assets
Cash and cash Equivalents		$ 94,682
Derivative Instruments (crude oil swaps and collars)		0
Total assets		94,682
Liabilities
Revolving credit facilities and long term debt, net of discounts		0
Total Liabilities		0
Total Assets and Liablilties		94,682
Fair Value Inputs Level2 [Member]
Assets
Cash and cash Equivalents		0
Derivative Instruments (crude oil swaps and collars)		7,579,745
Total assets		7,579,745
Liabilities
Revolving credit facilities and long term debt, net of discounts		51,834,603
Total Liabilities		51,834,603
Total Assets and Liablilties		(44,254,858)
Fair Value Inputs Level3 [Member]
Assets
Cash and cash Equivalents		0
Derivative Instruments (crude oil swaps and collars)		0
Total assets		0
Liabilities
Revolving credit facilities and long term debt, net of discounts		0
Total Liabilities		0
Total Assets and Liablilties		$ 0
Fair Value, Measurements, Recurring [Member] \| Fair Value Inputs Level1 [Member]
Assets
Cash and cash Equivalents	$ 58,599
Derivative Instruments (crude oil swaps and collars)	0
Total assets	58,599
Liabilities
Revolving credit facilities and long term debt, net of discounts	0
Total Liabilities	0
Total Assets and Liablilties	58,599
Fair Value, Measurements, Recurring [Member] \| Fair Value Inputs Level2 [Member]
Assets
Cash and cash Equivalents	0
Derivative Instruments (crude oil swaps and collars)	2,693,561
Total assets	2,693,561
Liabilities
Revolving credit facilities and long term debt, net of discounts	57,458,543
Total Liabilities	57,458,543
Total Assets and Liablilties	(54,764,982)
Fair Value, Measurements, Recurring [Member] \| Fair Value Inputs Level3 [Member]
Assets
Cash and cash Equivalents	0
Derivative Instruments (crude oil swaps and collars)	0
Total assets	0
Liabilities
Revolving credit facilities and long term debt, net of discounts	0
Total Liabilities	0
Total Assets and Liablilties	$ 0

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Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

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- Definition

Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

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-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

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- Definition

Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

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- Definition

Fair values as of the balance sheet date of the net amount of all assets and liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

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-Topic 815

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

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Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 20

-Section 50

-Paragraph 3

-Subparagraph (a)

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-Paragraph 4B

-Subparagraph (a),(c)

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-Topic 860

-SubTopic 20

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-Paragraph 4D

-Subparagraph (c)(2)

-URI http://asc.fasb.org/extlink&oid=51814546&loc=SL51823488-111719

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Fair value of financial and nonfinancial obligations.

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