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Basis Of Presentation And Significant Accounting Policies Oil and Gas Properties (Details) (USD $)
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3 Months Ended | 4 Months Ended | 9 Months Ended | |
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Sep. 30, 2012
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Sep. 30, 2011
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Sep. 30, 2012
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Sep. 30, 2011
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| Amortization expenses | $ 117,267 | $ 49,287 | $ 293,102 | $ 54,722 |
| Depletion at the rate per barrel | 24.28 | 21.43 | 21.43 | 24.28 |
| Depreciation | $ 10,501 | $ 31,502 | ||
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- Definition
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. No definition available.
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- Definition
The noncash expense charged against earnings to recognize the consumption of natural resources. No definition available.
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. No definition available.
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