NOTE 10. SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details) - Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows - USD ($) |
12 Months Ended | |
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Dec. 31, 2014 |
Dec. 31, 2013 |
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| Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows [Abstract] | ||
| Beginning of year | $ 7,966,550 | $ 4,440,757 |
| Sales and transfers of oil & gas produced, net of production costs | (392,979) | (144,845) |
| Net changes in prices and production costs | (1,454,390) | 808,717 |
| Development costs incurred | 675,426 | 829,168 |
| Changes in estimated future development costs | (1,896,600) | 316,612 |
| Acquisitions of minerals in place, net of production costs | 0 | 1,183,256 |
| Revision of previous estimates | 2,099,177 | (180,497) |
| Change in discount | 796,655 | 444,076 |
| Change in production rate or other | (1,489,959) | 269,306 |
| End of year | $ 6,303,880 | $ 7,966,550 |
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- References No definition available.
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in estimated future development costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in standardized measure of discounted future net cash flow as a result of purchases of minerals in place. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in sales and transfer prices and in production (lifting) costs related to future production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in standardized measure of discounted future net cash flow as a result of previously estimated development costs incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of revisions of estimated quantity of oil and gas in proved reserves. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of (increase) decrease in standardized measure of discounted future net cash flow as a result of sales and transfers of oil and gas produced. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of changes from other sources. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of discounted future accumulated cash inflow relating to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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