SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details 1) - USD ($) |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Oil and Gas Exploration and Production Industries Disclosures [Abstract] | ||
Evaluated properties | $ 4,586,992 | $ 3,715,779 |
Gross capitalized costs | 4,586,992 | 3,715,779 |
Less: Accumulated DD&A | (996,863) | (251,185) |
Net capitalized costs | $ 3,590,129 | $ 3,464,594 |
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- Definition Amount of accumulated depreciation, depletion, amortization and valuation allowance relating to oil and gas producing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The sum of capitalized costs relating to oil and gas producing activities before accounting for accumulated depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Net amount of capitalized costs relating to oil and gas producing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Capitalized costs of proved properties incurred for any combination mineral interests acquisitions; wells and related equipment; support equipment and facilities; and uncompleted wells and equipment and other costs not previously disclosed within this table. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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