|
Acquisitions Ring Energy Inc (Details) (USD $)
|
Jun. 28, 2011
|
|---|---|
| Issuance of common stock shares | 6,110,408 |
| Cash" | $ 10,887,561 |
| Note payable to Ring cancelled | 2,003,122 |
| Prepaid expenses | 26,942 |
| Property and equipment | 187,637 |
| Accounts payable" | (9,893) |
| Fair value of net assets | $ 13,095,369 |
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. For classified balance sheets, used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer); for unclassified balance sheets, used to reflect the total liabilities (regardless of due date). No definition available.
|
| X | ||||||||||
|
- Definition
Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet. No definition available.
|
| X | ||||||||||
|
- Definition
Fair value of net assets No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares reserved for future issuance. No definition available.
|
| X | ||||||||||
|
- Definition
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.
|
| X | ||||||||||
|
- Definition
Carrying amount for a unclassified balance sheet date of expenditures made in advance of when the economic benefit of the cost will be realized, and which will be expensed in future periods with the passage of time or when a triggering event occurs. For a classified balance sheet, represents the noncurrent portion of prepaid expenses (the current portion has a separate concept). No definition available.
|
| X | ||||||||||
|
- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|