Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES - Capitalized Costs (Details)

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SIGNIFICANT ACCOUNTING POLICIES - Capitalized Costs (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Full Cost Method [Abstract]    
Capitalized Certain Payroll and Other Internal Costs $ 170,850 $ 204,873
Capitalized Interest Costs 35,065 38,768
Total $ 205,915 243,641
Minimum percentage of proved reserves sold to be considered a significant alteration 25.00%  
Discount rate 10.00%  
Capitalized costs related to expired leases subject to depletion $ 3,800,000 $ 3,800,000