Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Details)

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REVENUE RECOGNITION (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Oil $ 29,140,165 $ 11,697,084
Natural gas 751,226 546,709
Total operating revenues $ 29,891,391 $ 12,243,793