General form of registration statement for all companies including face-amount certificate companies

Subsequent transactions (Details)

v2.4.0.8
Subsequent transactions (Details) (USD $)
Feb. 27, 2014
Feb. 06, 2014
Feb. 03, 2014
Subsequent transactions      
Ring received the second payment from Torchlight regarding the joint development agreement on the Kansas acreage     $ 2,089,801
Ring received the total amount as on date which is one half of the total to be received from Torchlight per the joint development agreement.     $ 3,089,801
Outstanding shares of common stock became effective after the Company's resale registration statement   3,528,580  
The assets acquired by Ring pursuant to the Purchase Agreement consist of approximately in acres 2,481    
The acreage, comprised of separate leases, includes both developed and undeveloped parcels 92    
The developed area is comprised of approximately net acres with current net production 907    
The undeveloped area is comprised of approximately net acres with current net production 660