Annual report pursuant to Section 13 and 15(d)

Acquisitions Ring Energy Inc (Details)

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Acquisitions Ring Energy Inc (Details) (USD $)
Jun. 28, 2012
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