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Acquisitions Ring Energy Inc (Details) (USD $)
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Jun. 28, 2012
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| ACQUISITIONS OF RING ENERGY INC | |
| Issuance Of common stock shares | 6,579,808 |
| Company incurred acquisition-related costs | $ 87,181 |
| Consideration in cash | 10,887,561 |
| Note payable to Ring cancelled | 2,003,122 |
| Prepaid expenses Ring energy | 26,942 |
| Property and equipment Ring energy | 187,637 |
| Tax benefit Ring energy | 436,391 |
| Accounts payable Ring energy | (9,893) |
| Fair Value of Net Assets Ring energy | $ 13,531,760 |
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Accounts payable Ring energy No definition available.
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Company incurred acquisition-related costs No definition available.
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Consideration in cash No definition available.
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Fair Value of Net Assets Ring energy No definition available.
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Issuance Of common stock shares No definition available.
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Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. No definition available.
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Prepaid expenses Ring energy No definition available.
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Property and equipment Ring energy No definition available.
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Tax benefit Ring energy No definition available.
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