Quarterly report pursuant to Section 13 or 15(d)

8. Asset Retirement Obligation (Details)

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8. Asset Retirement Obligation (Details) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Asset retirement rollforward    
Beginning Asset Retirement Obligation $ 368,089 $ 286,804
Liabilities incurred for new wells placed in production 4,737 42,391
Accretion of discount on asset retirement obligations 16,258 23,900
Liability relieved in debt restructuring (389,084) 0
Ending asset retirement obligation $ 0 $ 353,095