NOTE 10. SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details) - Capitalized Costs Relating to Oil and Gas Producing Activities Disclosure - USD ($) |
Dec. 31, 2014 |
Dec. 31, 2013 |
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Capitalized costs | ||
Unevaluated properties | $ 0 | $ 0 |
Evaluated properties | 3,715,779 | 2,954,854 |
3,715,779 | 2,954,854 | |
Less: Accumulated DD&A | (251,185) | (102,091) |
Net capitalized costs | $ 3,464,594 | $ 2,852,763 |
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- References No definition available.
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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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X | ||||||||||
- 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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X | ||||||||||
- 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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X | ||||||||||
- 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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X | ||||||||||
- Definition Capitalized costs of unproved properties incurred for any combination mineral interests acquisitions and other costs not previously disclosed within this table. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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