Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual)

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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Depreciation $ 79,797 $ 35,112 $ 208,440 $ 82,539
Amortization expense 4,668,353 4,494,868 11,527,684 9,502,880
Depletion At The Rate Per Barrel $ 21.33 $ 30.29 $ 21.33 $ 30.29
Estimated Present Value Of Future Net Revenues From Proved Reserves Discounted At An Interest Rate     10.00%  
Percentage Of Accounts Receivables 49.00%   49.00%  
Maximum [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Property, Plant and Equipment, Useful Life     7 years  
Minimum [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Property, Plant and Equipment, Useful Life     5 years  
Sales Revenue, Net [Member] | Customer One [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Concentration Risk, Percentage     46.00%  
Sales Revenue, Net [Member] | Customer Two [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Concentration Risk, Percentage     27.00%  
Sales Revenue, Net [Member] | Customer Three [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Concentration Risk, Percentage     17.00%  
Accounts Receivable [Member] | Customer One [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Concentration Risk, Percentage     50.00%  
Accounts Receivable [Member] | Customer Two [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Concentration Risk, Percentage     36.00%