Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION (Tables)

v3.10.0.1
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue.
The following table presents revenues disaggregated by product:
 
 
 
For the years ended December 31,
 
 
 
2018
 
 
2017
 
 
2016
 
Operating revenues
 
 
 
 
 
 
 
 
 
 
 
 
Oil
 
$
116,678,375
 
 
$
64,236,490
 
 
$
28,599,140
 
Natural gas
 
 
3,386,986
 
 
 
2,463,210
 
 
 
2,251,108
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total operating revenues
 
$
120,065,361
 
 
$
66,699,700
 
 
$
30,850,248