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8. Asset Retirement Obligation (Tables)

3 Months Ended

Mar. 31, 2017

Asset Retirement Obligation Disclosure [Abstract]

Asset retirement obligation

		Three Months Ended
		March 31, 2016
Beginning ARO		$	368,089
Liabilities incurred for new wells placed in production			–
Accretion of discount on ARO (a component of loss from discontinued operations)			8,133
Ending ARO		$	376,222

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- References

No definition available.

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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

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