Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Details)

v3.8.0.1
FAIR VALUE MEASUREMENTS (Details)
Dec. 31, 2017
USD ($)
Fair Value, Measurements, Recurring [Member]  
Oil and gas derivative contracts $ (3,968,286)
Total (3,968,286)
Fair Value, Inputs, Level 1 [Member]  
Oil and gas derivative contracts 0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]  
Total 0
Fair Value, Inputs, Level 2 [Member]  
Oil and gas derivative contracts (3,968,286)
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]  
Total (3,968,286)
Fair Value, Inputs, Level 3 [Member]  
Oil and gas derivative contracts 0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]  
Total $ 0