Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.8.0.1
REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
The following table presents revenues disaggregated by product:
 
 
 
 
For The Three Months
 
 
 
Ended March 31,
 
 
 
2018
 
2017
 
Operating revenues
 
 
 
 
 
 
 
Oil
 
$
29,140,165
 
$
11,697,084
 
Natural gas
 
 
751,226
 
 
546,709
 
 
 
 
 
 
 
 
 
Total operating revenues
 
$
29,891,391
 
$
12,243,793