NOTE 7. OIL AND GAS ACQUISITIONS (Detail) (USD $)
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12 Months Ended | |
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Dec. 31, 2012
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Dec. 31, 2011
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Payments to Acquire Oil and Gas Property | $ 475,000 | $ 0 |
Development Wells Drilled, Net Productive | 6 | |
Exploration and Production Costs | 2,125,685 | |
April 2012 Farmout Agreement [Member]
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Gas and Oil Area, Developed, Gross (in Acres) | 200 | |
Payments to Acquire Oil and Gas Property | 475,000 | |
October 2012 Farmout Agreement [Member]
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Gas and Oil Area, Developed, Gross (in Acres) | 2.5 | |
Payments to Acquire Oil and Gas Property | $ 10 |
X | ||||||||||
- Definition
The number of productive developmental wells drilled in the geographic area. A productive well is a well that is not a dry well. The number of wells drilled refers to the number of wells (holes) completed at any time during the fiscal years, regardless when drilling was initiated. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- 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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X | ||||||||||
- 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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X | ||||||||||
- 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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