ACQUISITIONS (Details 1) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2015 |
Sep. 30, 2014 |
Sep. 30, 2015 |
Sep. 30, 2014 |
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| Business Acquisition [Line Items] | ||||
| Oil and Gas Revenues | $ 8,629,007 | $ 19,396,226 | $ 29,891,043 | $ 57,819,655 |
| Net Income (Loss) | $ (1,140,099) | $ 4,491,405 | $ (1,500,850) | $ 15,095,213 |
| Basic Earnings (Loss) per Share | $ (0.04) | $ 0.17 | $ (0.05) | $ 0.62 |
| Diluted Earnings (Loss) per Share | $ (0.04) | $ 0.17 | $ (0.05) | $ 0.59 |
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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