|
Acquisitions Fisher II Property (Details) (USD $)
|
Dec. 01, 2011
|
|---|---|
| Total cosideration by Fisher I Property, | $ 1,747,760 |
| Cash consideration, | 1,150,000 |
| Shares transferred, | 80,000 |
| Common stock par value ( per share ) | $ 4.00 |
| Common stock valued,. | 320,000 |
| The issuance of a put option relating to the Ring shares valued,. | 277,760 |
| Put option excercise price | $ 5.00 |
| Risk free interest rate,. | 0.11 |
| Dividend yield,.. | 0 |
| Expected life,. | 1.0 |
| Volatility,. | 198 |
| Proved developed and undeveloped oil and gas properties,. | 1,915,152 |
| Asset retirement obligation,. | (167,392) |
| Total Identifiable Net Assets,. | $ 1,747,760 |
| X | ||||||||||
|
- Definition
The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. No definition available.
|
| X | ||||||||||
|
- Definition
Cash consideration, No definition available.
|
| X | ||||||||||
|
- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. No definition available.
|
| X | ||||||||||
|
- Definition
Common stock price per share,. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. No definition available.
|
| X | ||||||||||
|
- Definition
Dividend yield,.. No definition available.
|
| X | ||||||||||
|
- Definition
ExpectedLife1 No definition available.
|
| X | ||||||||||
|
- Definition
Proved developed and undeveloped oil and gas properties, No definition available.
|
| X | ||||||||||
|
- Definition
Risk free interest rate,. No definition available.
|
| X | ||||||||||
|
- Definition
Shares transferred, No definition available.
|
| X | ||||||||||
|
- Definition
The issuance of a put option relating to the Ring shares valued,. No definition available.
|
| X | ||||||||||
|
- Definition
Total cosideration by Fisher I Property, No definition available.
|
| X | ||||||||||
|
- Definition
Total Identifiable Net Assets,. No definition available.
|
| X | ||||||||||
|
- Definition
Volatility No definition available.
|