OIL AND GAS ACQUISITIONS (Detail) (USD $)
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6 Months Ended |
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Jun. 30, 2012
acre
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Gas and Oil Area, Developed, Gross (in Acres) | 200 |
Payments to Acquire Oil and Gas Property | $ 475,000 |
Wells in Process of Drilling | 5 |
Exploration and Production Costs | $ 1,375,000 |
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- Definition
Cost incurred related to the upstream oil and gas activities, such as the exploration, development, and production of crude petroleum and natural gas. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Area spaced or assigned to productive wells in which a working interest is owned. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to purchase of mineral interests in oil and gas properties for use in the normal oil and gas operations and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of wells in the process of being drilled in each geographic area as of the date listed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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