Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES - Capitalized Costs (Details)

v3.10.0.1
SIGNIFICANT ACCOUNTING POLICIES - Capitalized Costs (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Full Cost Method [Abstract]        
Capitalized Certain Payroll and Other Internal Costs $ 182,081 $ 240,771 $ 352,931 $ 445,644
Capitalized Interest Costs 38,170 33,000 73,235 71,768
Total 220,251 273,771 $ 426,166 517,412
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 $ 1,200,000 $ 5,900,000 $ 5,000,000 $ 9,600,000