CannAwake 10-K 15 Apr 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 31, 2014	Jun. 30, 2013
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'Delta International Oil & Gas Inc.	'	'
Entity Central Index Key	'0001112985	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Document Type	'10-K	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Entity Voluntary Filers	'No	'	'
Entity Well-Known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$3,454,539
Entity Common Stock Shares Outstanding	'	32,338,826	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current Assets:	'	'
Cash	$1,833,407	$1,949,896
Receivable from sale of bidding rights and oil and gas properties	3,500,042	4,000,042
Total current assets	5,333,449	5,949,938
Investment in mineral properties	117,351	160,144
Investments in unproved oil and gas properties	1,609,889	1,995,024
Investment in oil refinery	109,452	145,494
Property and equipment	61,698	76,293
Other assets	8,234	8,850
TOTAL ASSETS	7,240,073	8,335,743
Current Liabilities:	'	'
Accounts payable	1,744	141,582
Accrued expenses	144,000	221,809
Notes payable	75,000	75,000
Notes payable to related parties	'	623,970
Liabilities for uncertain tax positions	75,228	100,000
Total current liabilities	295,972	1,795,951
Long-term deferred tax liability	633,590	633,590
Long-term debt payable to related parties	150,655	150,655
Total liabilities	1,080,217	2,580,196
Stockholders' Equity:	'	'
Preferred stock $0.0001 par value-authorized 10,000,000 shares; no shares issued and outstanding at December 31, 2013 and 2012, respectively	'	'
Common stock $0.0001 par value - authorized 250,000,000 shares; 32,338,826 and 32,010,826 shares issued and outstanding at December 31, 2013 and 2012, respectively	3,233	3,201
Additional paid-in capital	7,021,482	6,900,096
Accumulated deficit	-398,344	-311,237
Accumulated other comprehensive loss	-466,515	-202,923
Total stockholders' equity	6,159,856	6,389,137
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$7,240,073	$8,335,743

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Balance Sheets [Abstract]	'	'
Preferred stock, par value	$0.00	$0.00
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, par value	$0.00	$0.00
Common stock, authorized	250,000,000	250,000,000
Common stock, shares issued	32,338,826	32,010,826
Common stock, shares outstanding	32,338,826	32,010,826

Consolidated_Statement_of_Oper

Consolidated Statement of Operations (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statement Of Operations [Abstract]	'	'
Sales	'	$1,583
Costs and Expenses:	'	'
General and administrative	816,477	1,363,301
Total cost and expenses	816,477	1,363,301
Loss from operations	-816,477	-1,361,718
Other Income (Expense):	'	'
Foreign exchange gain (loss)	-268,764	-140,402
Interest expense	-41,431	-50,111
Tax refund	39,316	'
Reversal of contested liabilities	'	134,254
Life insurance proceeds	1,000,249	'
Gain on sale of bidding right and unvevaluated oil and gas property	'	7,244,716
Net other income	729,370	7,188,457
Income (loss) before income taxes	-87,107	5,826,739
Provision for income taxes	'	783,590
Net income (loss)	($87,107)	$5,043,149
Net income (loss) per common share:	'	'
Basic	$0	$0.16
Diluted	$0	$0.16
Weighted average common shares - Basic	32,147,344	31,908,985
Weighted average common shares - Diluted	32,147,344	34,828,569

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flow (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from Operating Activities:	'	'
Net income	($87,107)	$5,043,149
Adjustments to reconcile net earnings to net cash used in operating activities:	'	'
Gain on sale of bidding rights and unevaluated oil and gas properties	'	-7,244,716
Gain on settlement of contested liabilities	'	-134,254
Stock based compensation	'	116,821
Issuance of warrants for services	60,938	'
Changes in operating assets and liabilities	-217,648	835,131
Net cash provided by (used in) operating activities	-243,817	-1,383,869
Cash flows from investing activities:	'	'
Oil and gas properties exploration and development costs	-115,070	-251,576
Investment in oil refinery	'	-161,995
Purchases of furniture and equipment	'	-36,970
Proceeds from sales of oil and gas properties and bidding rights	500,000	3,499,958
Investment in mineral properties	'	-36,215
Net cash provided by investing activities	384,930	3,013,202
Cash flows from financing activities:	'	'
Settlement of notes payable to related parties	-623,970	'
Principal payment on on long term debt	'	-50,000
Proceeds from sales of common stock	60,479	'
Net cash used in financing activities	-563,491	-50,000
Effect of Exchange Rates on Cash	305,890	159,260
Net increase in cash	-116,489	1,738,593
Cash - Beginning of period	1,949,896	211,303
Cash - End of period	1,833,407	1,949,896
Changes in operating assets and liabilities consists of:	'	'
(Increase) decrease in advances and other receivables	'	4,674
(Increase) decrease in other assets	'	692
Increase (decrease) in accounts payable and accrued expenses	-217,648	96,176
Increase (decrease) in liabilities for uncertain tax positions	'	100,000
Increase (decrease) in income taxes payable	'	633,589
Changes in assets and liabilities	-217,648	835,131
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest	130,686	'
Cash paid for income taxes	'	50,000
Supplementary information:	'	'
Issuance of common stock for debt and accrued interest	'	213,750
Issuance of warrants for unproved oil and gas properties	'	$18,999

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (Loss) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statements Of Comprehensive Income Loss [Abstract]	'	'
Net income (loss)	($87,107)	$5,043,149
Other comprehensive income (loss):	'	'
Foreign currency translation adjustment	-263,592	-48,556
Net change in other comprehensive income (loss)	-263,592	-48,556
Comprehensive income (loss)	($350,699)	$4,994,593

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders Equity (USD $)	Total	Common Stock	Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income
Beginning Balance at Dec. 31, 2011	$1,044,974	$3,151	$6,550,576	($5,354,386)	($154,367)
Beginning Balance, shares at Dec. 31, 2011	'	31,507,026	'	'	'
Issuance of common stock for services to related party (valued at $0.35 per share)	3,500	1	3,499	'	'
Issuance of common stock for services to related party (valued at $0.35 per share), shares	'	10,000	'	'	'
Issuance of common stock for partial settlement of note payable	213,750	48	213,703	'	'
Issuance of common stock for partial settlement of note payable, shares	'	475,000	'	'	'
Warrants issued to Trazik Management to prepare feasibility study report for potential business opportunity regarding alternative energy manufacturing business in India including tax incentives offered by the government of India and suitable locations. For 260,868 shares at $.42 per share	109,561	'	109,561	'	'
Warrants for 50,000 shares at $.22 per share issued to James D. Eger for geological services/interpretation/gathering information on Valle de Lerma and Selva Maria	18,999	'	18,999	'	'
Shares issued for services	3,760	2	3,758	'	'
Shares issued for services, shares	'	18,800	'	'	'
Net income	5,043,149	'	'	5,043,149	'
Foreign currency adjustment	-48,556	'	'	'	-48,556
Balance at Dec. 31, 2012	6,389,137	3,201	6,900,096	-311,237	-202,923
Balance, shares at Dec. 31, 2012	'	32,010,826	'	'	'
Issuance of shares for investment in mineral property	'	7	-7	'	'
Issuance of shares for investment in mineral property, shares	'	76,000	'	'	'
Sale of shares (valued at $0.24 per share)	60,480	25	60,455	'	'
Sale of shares (valued at $0.24 per share), shares	'	252,000	'	'	'
Warrants for 1,000,000 at $.20 issued to Chairman of the Board	60,938	'	60,938	'	'
Net income	-87,107	'	'	-87,107	'
Foreign currency adjustment	-263,592	'	'	'	-263,592
Balance at Dec. 31, 2013	$6,159,856	$3,233	$7,021,482	($398,344)	($466,515)
Balance, shares at Dec. 31, 2013	'	32,338,826	'	'	'

Consolidated_Statements_of_Sto1

Consolidated Statements of Stockholders Equity (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Statements Of Stockholders' Equity [Abstract]	'	'
Issuance of common stock for services to related party price per share	'	$0.35
Warrants issued to Trazik Management for common stock, shares	'	260,868
Warrants issued to Trazik Management for common stock, price per share	'	$0.42
Warrants issued to James D Ege for geological services/interpretation/gathering information, shares	'	50,000
Warrants issued to James D Ege for geological services/interpretation/gathering information, price per share	'	$0.22
Warrants issued to Chairman of the Board for common stock, shares	1,000,000	'
Warrants issued to Chairman of the Board for common stock, price per share	$0.20	'
Sale of shares, price per share	$0.24	'

Description_of_Business_and_Su

Description of Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Description Of Business and Summary Of Significant Accounting Policies [Abstract]	'
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	1. DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	ORGANIZATION
	Delta Investment Oil & Gas Inc. (“Delta” or “the Company”) was incorporated in Delaware on November 17, 1999.  Our name was changed from Delta Mutual, Inc. to our present name on October 29, 2013, by a filing by the Company in Delaware of a Certificate of Ownership, providing for the merger of the Company’s wholly-owned subsidiary, Delta International Oil and Gas Inc., into the Company, and in the merger, changing the Company’s name to Delta International Oil& Gas Inc.
	The primary focus of the Company’s business is its South America Hedge Fund LLC (“SAHF”) subsidiary, which has investments in oil and gas concessions in Argentina and focuses on the energy sector, including the development and supply of energy and alternative energy sources in Latin America and North America.
	PRINCIPLES OF CONSOLIDATION
	The Company's financial statements include the accounts of all majority-owned subsidiaries where its ownership is more than 50 percent of the common stock.  All material intercompany transactions and balances have been eliminated.
	USE OF ESTIMATES
	The preparation of the consolidated financial statements in conformity with accepted accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities.  On an ongoing basis, the Company evaluates its estimates including, but not limited to, those related to such items as impairments of oil and gas properties, income tax exposures, accruals, depreciable/useful lives, allowance for doubtful accounts, and valuation allowances.  The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.  Actual results could differ from those estimates.
	EVALUATION OF LONG-LIVED ASSETS
	Oil and gas and mineral properties represent an important component of the Company’s total assets.  Management reviews long-lived assets for potential impairment whenever significant events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  Impairment exists when the carrying amount of the long-lived asset is not recoverable and exceeds its fair value.  The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the estimated undiscounted cash flows expected to result from the use and eventual disposition of the asset.  If, impairment exists, the resulting write-down would be the difference between fair market value of the long-lived asset and the related net book value.
	INVESTMENTS
	Investments in non-consolidated affiliates consist of the Company’s ownership interests in oil and gas development and exploration rights in Argentina, net of impairment losses if any.  These investments were reclassified to unproved oil and gas properties after the Company was officially admitted into the joint ventures for each of the properties.
	The Company evaluates these investments for impairment when indicators of potential impairment are present. Indicators of impairment include, but are not limited to, levels of oil and gas reserves, availability of pipeline (or other transportation) capacity and infrastructure and management of the operations in which the investments were made. The Company evaluates its equity method investments for impairment when events or changes in circumstances indicate, in management’s judgment, that the carrying value of such investments may have experienced an other-than-temporary decline in value. When evidence of loss in value has occurred, the Company compares fair value of the investment to its carrying value to determine whether impairment has occurred. If the estimated fair value is less than the carrying value and management considers the decline to be other than temporary, the excess of the carrying value over the estimated fair value is recognized as impairment in the consolidated financial statements.
	OIL AND GAS PROPERTIES
	The Company accounts for our oil and natural gas producing activities using the full cost method of accounting as prescribed by the United States Securities and Exchange Commission (SEC). Under this method, subject to a limitation based on estimated value, all costs incurred in the acquisition, exploration, and development of proved oil and natural gas properties, including internal costs directly associated with acquisition, exploration, and development activities, the costs of abandoned properties, dry holes, geophysical costs, and annual lease rentals are capitalized within a cost center. Costs of production and general and administrative corporate costs unrelated to acquisition, exploration, and development activities are expensed as incurred.
	Costs associated with unevaluated properties are capitalized as oil and natural gas properties but are excluded from the amortization base during the evaluation period. When we determine whether the property has proved recoverable reserves or not, or if there is an impairment, the costs are transferred into the amortization base and thereby become subject to amortization.
	The Company assesses all items classified as unevaluated property on at least an annual basis for inclusion in the amortization base. The Company assesses properties on an individual basis or as a group if properties are individually insignificant. The assessment includes consideration of the following factors, among others: intent to drill; remaining lease term; geological and geophysical evaluations; drilling results and activity; the assignment of proved reserves; and the economic viability of development if proved reserves are assigned. During any period in which these factors indicate that there would be impairment, or if proved reserves are assigned to a property, the cumulative costs incurred to date for such property are transferred to the amortizable base and are then subject to amortization.
	Capitalized costs included in the amortization base are depleted using the unit of production method based on proved reserves. Depletion is calculated using the capitalized costs included in the amortization base, including estimated asset retirement costs, plus the estimated future expenditures to be incurred in developing proved reserves, net of estimated salvage values.
	Beginning December 31, 2009, full cost companies use the un-weighted arithmetic average first day of the month price for oil and natural gas for the 12-month period preceding the calculation date. Prior to December 31, 2009, companies used the price in effect at the end of each accounting period and had the option, under certain circumstances, to elect to use subsequent commodity prices if they increased after the end of the accounting quarter.
	Sales or other dispositions of oil and natural gas properties are accounted for as adjustments to capitalized costs, with no gain or loss recorded unless the ratio of cost to proved reserves would significantly change.
	IMPAIRMENT
	The net book value of all capitalized oil and natural gas properties within a cost center, less related deferred income taxes, is subject to a full cost ceiling limitation which is calculated quarterly. Under the ceiling limitation, costs may not exceed an aggregate of the present value of future net revenues attributable to proved oil and natural gas reserves discounted at 10 percent using current prices, plus the lower of cost or market value of unproved properties included in the amortization base, plus the cost of unevaluated properties, less any associated tax effects. Any excess of the net book value, less related deferred tax benefits, over the ceiling is written off as expense. Impairment expense recorded in one period may not be reversed in a subsequent period even though higher oil and gas prices may have increased the ceiling applicable to the subsequent period.
	ASSET RETIREMENT OBLIGATION
	The Company records the fair value of an asset retirement cost, and corresponding liability as part of the cost of the related long-lived asset and the cost is subsequently allocated to expense using a systematic and rational method. The Company records an asset retirement obligation to reflect our legal obligations related to future plugging and abandonment of our oil and natural gas wells and gas gathering systems. The Company estimates the expected cash flow associated with the obligation and discount the amount using a credit-adjusted, risk-free interest rate. At least annually, the Company reassesses the obligation to determine whether a change in the estimated obligation is necessary. The Company evaluates whether there are indicators that suggest the estimated cash flows underlying the obligation have materially changed. Should those indicators suggest the estimated obligation may have materially changed on an interim basis (quarterly), the Company will update our assessment accordingly. Additional retirement obligations increase the liability associated with new oil and natural gas wells and gas gathering systems as these obligations are incurred.
	PROPERTY AND EQUIPMENT
	Property and equipment are stated at cost. Depreciation is provided for by the straight-line method over the estimated useful lives of the related assets. The Company purchased oil field equipment during the fourth quarter of 2011.   The Company did not provide any depreciation on this equipment for the years ending December 31, 2013 and 2012, as the equipment was not yet in service.
	REVENUE RECOGNITION
	The Company recognizes revenue when persuasive evidence of an arrangement exists, services have been rendered, the sales price is fixed or determinable, and collectability is reasonably assured. We follow the “sales method” of accounting for oil and natural gas revenue, so we recognize revenue on all natural gas or crude oil sold to purchasers, regardless of whether the sales are proportionate to our ownership in the property. Actual sales of gas are based on sales, net of the associated volume charges for processing fees and for costs associated with delivery, transportation, marketing, and royalties in accordance with industry standards. Operating costs and taxes are recognized in the same period in which revenue is earned.  Severance and ad valorem taxes are reflected as a component of lease operating expense.
	INCOME TAXES
	The Company accounts for income taxes in accordance with the liability method. Under the liability method, deferred assets and liabilities are recognized based upon anticipated future tax consequences attributable to differences between financial statement carrying amounts of assets and liabilities and their respective tax bases. The Company establishes a valuation allowance to the extent that it is more likely than not that deferred tax assets will not be utilized against future taxable income.
	UNCERTAIN TAX POSITIONS
	The Company evaluates uncertain tax positions pursuant to ASC Topic 740-10-25 “Accounting for Uncertainty in Income Taxes,” which allows companies to recognize a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. Those tax positions failing to qualify for initial recognition are recognized in the first interim period in which they meet the more likely than not standard, or are resolved through negotiation or litigation with the taxing authority, or upon expiration of the statute of limitations. De-recognition of a tax position that was previously recognized occurs when an entity subsequently determines that a tax position no longer meets the more likely than not threshold of being sustained.
	At December 31, 2013 and 2012, the Company has approximately $75,000 and $100,000, respectively, of liabilities for uncertain tax positions.  For the year ended December 31, 2012, the Company provided $100,000 for uncertain tax positions related to its investments in Argentina.  Interpretation of taxation rules relating to investments in Argentina concessions may give rise to uncertain positions.  In connection with the uncertain tax position, there was no interest or penalties recorded.
	The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional tax expense based upon the outcomes of such matters. In addition, when applicable, the Company will adjust tax expense to reflect the Company’s ongoing assessments of such matters, which require judgment and can materially increase or decrease its effective rate as well as impact operating results.
	The number of years with open tax audits varies depending on the tax jurisdiction. The Company’s major taxing jurisdictions include the United States (including applicable states).
	EARNINGS (LOSS) PER SHARE
	Basic earnings per share are computed by dividing net earnings by the weighted average number of common shares outstanding during the period.  Diluted earnings per common share are computed by dividing net earnings by the weighted average number of common share and potential common share outstanding during the period.  Potential common shares consist of outstanding common stock purchase warrants.  For the year ended December 31, 2013 and 2012, there were 9,211,517 and 8,211,517, respectively of potentially dilutive common shares outstanding.
	FOREIGN CURRENCY TRANSLATION
	In 2013 and 2012, the functional currency for the Company’s primary foreign operations is the local currency. Assets and liabilities of foreign operations are translated at balance sheet date rates of exchange and income, expense and cash flow items are translated at the average exchange rate for the period. The functional currency in South America is the Argentine Peso. Translation adjustments are recorded in Accumulated Other Comprehensive Loss.
	OTHER CRITICAL ACCOUNTING POLICIES
	The Securities and Exchange Commission ("SEC") recently issued “Financial Reporting Release No. 60 Cautionary Advice About Critical Accounting Policies” (“FRR 60”), suggesting companies provide additional disclosures, discussion and commentary on their accounting policies considered most critical to its business and financial reporting requirements. FRR 60 considers an accounting policy to be critical if it is important to the Company’s financial condition and results of operations, and requires significant judgment and estimates on the part of management in the application of the policy. For a summary of the Company’s significant accounting policies, including the critical accounting policies, please refer to the accompanying notes to the financial statements.
	STOCK-BASED COMPENSATION
	The Company accounts for stock-based compensation to non-employees under ASC 718, "Compensation-Stock Compensation" ("ASC 718").  The compensation cost of the awards is based on the grant date fair-value of these awards and recognized over the requisite service period, which is typically the vesting period.  For the years ended December 31, 2013 and 2012, the Company issued 0 and 28,800 shares, respectively, and recorded compensation expense in the amount of $0 and $7,280, respectively. The Company uses the Black-Scholes Option Pricing Model to determine the fair-value of stock options issued for compensation.
	The Company accounts for non-employee share-based awards based upon ASC 505-50, “Equity-Based Payments to Non-Employees.”  ASC 505-50 requires the costs of goods and services received in exchange for an award of equity instruments to be recognized using the fair value of the goods and services or the fair value of the equity award, whichever is more reliably measurable. The fair value of the equity award is determined on the measurement date, which is the earlier of the date that a performance commitment is reached or the date that performance is complete.  Generally, our awards do not entail performance commitments.  When an award vests over time such that performance occurs over multiple reporting periods, we estimate the fair value of the award as of the end of each reporting period and recognize an appropriate portion of the cost based on the fair value on that date.  When the award vests, we adjust the cost previously recognized so that the cost ultimately recognized is equivalent to the fair value on the date the performance is complete.
	For the years ended December 31, 2013 and 2012, the Company granted warrants to purchase 1,000,000 and 404,868, respectively of its common stock and recorded compensation expense of $60,938 and $109,561, respectively.  The Company also recorded $18,999 in additions to oil and gas properties for the year ended December 31, 2012.
	FAIR VALUE OF FINANCIAL MEASUREMENTS
	FASB ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. FASB ASC 820 describes three levels of inputs that may be used to measure fair value:
	The Company utilizes the accounting guidance for fair value measurements and discloses for all financial assets and liabilities that are recognized or disclosed at fair value in the consolidated financial statements on a recurring basis during the reporting period.
	The fair value is an exit price, representing the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability.  ASC 820, "Fair Value Measurements and Disclosures", establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.  These tiers are defined as follows:
	Level 1 - Observable inputs such as quoted market prices in active markets.
	Level 2 - Inputs other then quoted prices in active markets that are either directly or indirectly observable.
	Level 3 - Unobservable inputs about which little or no market data exists, therefore requiring an entity to develop its own assumptions.
	As of December 31, 2013, there were no financial assets or liabilities that required disclosure.
	NEW FINANCIAL ACCOUNTING STANDARDS
	Accounting Standards Update No. 2013-02 – Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU No. 2013-02”)
	ASU No. 2013-02 requires disclosure of amounts reclassified out of accumulated other comprehensive income by component.  In addition, an entity is required to present either on the face of the consolidated statements of operations or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net earnings but only if the amount reclassified is required to be reclassified to net earnings in its entirety in the same reporting period.  For amounts not reclassified in their entirety to net earnings, an entity is required to cross-reference to other disclosures that provide additional detail about those amounts.  ASU No. 2013-02 is effective prospectively for the Company for annual and interim periods beginning January 1, 2013.  The Company does not expect that the adoption of this update will have a material effect on its consolidated financial statements.

Receivable_from_Sale_of_Biddin

Receivable from Sale of Bidding Rights and Oil and Gas Properties	12 Months Ended
	Dec. 31, 2013
Receivable From Sale Of Bidding Rights and Oil and Gas Properties [Abstract]	'
RECEIVABLE FROM SALE OF BIDDING RIGHTS AND OIL AND GAS PROPERTIES	'
	2. RECEIVABLE FROM SALE OF BIDDING RIGHTS AND OIL AND GAS PROPERTIES
	On March 30, 2012 the Company entered into the Cooperation Agreement with PPL. Under the Cooperation Agreement, PPL agreed to pay us $7,000,000 for certain exploration and exploitation rights to oil and gas deposits and certain bidding rights held by Delta on the following areas: Valle de Lerma in the province of Salta; San Salvador de Jujuy; Libertador General San Martin in the province of Jujuy; and Selva Maria in the province of Formosa.  Pursuant to a separate Agreement dated March 31, 2012, the Company has agreed with PPL to assign and transfer 50% of SAHF's current ownership of the Tartagal and Morillo (i.e., a 9% interest in the concession) to PPL for a purchase price of $500,000. PPL has also agreed in an Undertaking to provide funds to the operating entities of Valle de Lerma and Selva Maria (the San Salvador and Libertador concessions were awarded to another party, whose bid exceeded that of the Company for these concessions), in the aggregate amount of up to $10,000,000 (Selva Maria is pending for approval from the government, which is standard procedure in Argentina).
	As of December 31, 2012, the Company had received deposits in the amount of $3,499,958 from PPL on account of remainder of the proceeds has been recorded as a $4.0 million receivable from the sale of bidding rights and oil and gas properties. PPL is not current with the payment schedule set forth in the Cooperation Agreement, and the Company is in discussions with PPL to ensure that all payments provided for under the Cooperation Agreement are made within the time frame as required for concession financial commitments. In 2013, the Company received an additional payment of $500,000.

Investment_in_Unproved_Oil_and

Investment in Unproved Oil and Gas Properties	12 Months Ended
	Dec. 31, 2013
Investment In Unproved Oil and Gas Properties [Abstract]	'
INVESTMENT IN UNPROVED OIL AND GAS PROPERTIES	'
	3. INVESTMENT IN UNPROVED OIL AND GAS PROPERTIES
	a) As of December 31, 2013, the Company has a 10% ownership interest in the Jollin and Tonono oil and gas concessions located in Salta Province, Argentina. SAHF originally purchased an 18% carry-over interest in the Jollin and Tonono concessions on May 15, 2007, and subsequently increased its ownership to 23.5%, 9% of which was carry-over and 14.5% of which was working.  SAHF in 2009 transferred 13.5% to Maxipetrol, under an arrangement where SAHF’s remaining 10% interest would be in a carry-over mode. SAHF received its foreign registration in Argentina and was admitted as a member of the joint venture on July 2, 2010. The joint venture is currently developing a future plan for continuing the exploration of the concessions.
	b) As of December 31, 2013, the Company retains a 9% ownership interest in the Tartagal and Morillo oil and gas concessions located in Salta Province.
	Tartagal Oriental - The Tartagal Oriental (“Tartagal”) exploration license area, extended to February 2014, covers 7,065 square kilometers in Salta Province, located in the northern part of Argentina. Exploration dates back into the mid 20th century, and 22 wells, some oil producers, have been drilled in Tartagal Oriental since the 1960s. Of the 22 wells that have been drilled in Tartagal Oriental in the past decades, several were judged to be workover candidates by New Times Energy Corporation Limited, Hong Kong, who purchased 60% of the ownership in the Tartagal and Morillo oil and gas concessions, and has invested approximately $60 million to date on geological studies, 2D and 3D seismic surveys on both blocks and two work-over drills and an exploratory well drill in Tartagal. Production from the two Campo Alcoba test wells commenced in 2011 and continued into the 2012 second quarter, and then shut down due to large quantities of water in the oil. A work over of one the two previously reopened wells is planned, and currently an analytic test to drill one more exploratory well is planned by the major partner.
	Morillo - The Morillo exploration license area covers 3,518 square kilometers in Salta Province, contiguous with and south of the Tartagal Oriental license. Granted at the same time as Tartagal Oriental, the Morillo license was also extended to February 2014. In 2011, High Luck ordered a 274 square kilometer 3D seismic to be shot in the southwestern corner of the property because of a recent discovery made by Petrobras in an adjacent block. Once the data is processed, a decision will be made as to further drilling.
	c) On February 6, 2008, SAHF purchased 40% of the oil and gas exploration rights to five geographically defined areas in the Salta Province of Northern Argentina for $697,000. During 2008, SAHF sold 50% of its rights in these concessions to a third party. Provided certain development activities are undertaken by owners, these exploration rights will remain in effect through the year 2015. The initial development costs and fees were paid by the majority owner and SAHF incurred no additional expenses related to this investment in 2008.
	Exploratory drilling activities commenced in April 2010 on the Guemes Block and the first well was spud in September 2010. In July 2010, SAHF found positive traces of the presence of natural gas and hydrocarbons of low-density quality through its analysis of core samples. Well logging while drilling also confirmed the potential existence of formations with sufficient hydrocarbons to make the well economically productive. Production testing to verify the commercial sustainability of the well still needs to be done. Our partner that owned 80% of the concession sold its share to another firm, which is evaluating whether to proceed further with investments in this concession.
	d) On August 10, 2011, the Company’s tender offer, made through our wholly-owned subsidiary, SAHF, for the ownership right to explore, and eventually, produce oil and natural gas in the block known as “Valle de Lerma” was declared the winning bid by the Salta provincial government. SAHF made the offer in a joint venture agreement with Remsa, PetroNexus and Grasta SA, a local mid-size gasoline refinery located in Buenos Aires, Argentina.
	The Valle de Lerma block is located in the province of Salta in the northwestern region of Argentina and has an area of 5259 km2. SAHF has done the measurement and survey study and filed an environmental impact study, which was approved.  Upon completion of the study it was determined that the actual well site was within the boundaries of the City of Salta, where government restrictions do not allow oil to be produced from this site.  We are currently negotiating with the government to add an additional site to the concession area from among three sites adjacent to the concession area with similar wells. When the extension of the concession area is accomplished, we will commence work on the new site, following receipt of all government approvals.  SAHF holds a majority of the license interest and is the responsible operator. The license allows SAHF 20 years to explore and produce hydrocarbons with a renewal option of ten more years. The Company will commence the Valle de Lerma well work over with a local rig company. The exploration terms are four years for the first period, three years for the second and two years for the last period.
	Development of the block by the Company and its partners would be with with a local rig company; the target will be the Cretaceous zone, both in old and new wells.  The exploration terms are four years for the first period, three years for the second and two years for the last period.
	SAHF currently owns 60% of the rights to explore Valle de Lerma; Grasta owns 5%; PetroNEXUX owns 30%; and Remsa owns 5%.
	The Company evaluated these investments for impairment and concluded that no loss in value occurred as of December 31, 2013. The following table summarizes the Company’s investments in these unproved oil and gas properties.  One of the Company’s oil and gas producing properties began producing during the quarter ending September 30, 2012 and was subsequently capped.  No depletion was recorded for the year, as the amount was not material.
		Concession			Exploration			Total
		Investments			Rights
	At January 1, 2012	$	875,130		$	1,240,150		$	2,115,280
	Drilling and development costs		6,087			577,533			583,620
	Sale of 50% interest in Tartagal & Morillo		(255,284	)		—			(255,284	)
	Translation gain (loss)		(80,450	)		(368,142	)		(448,632	)
	At December 31, 2012		545,483			1,449,541			1,995,024
	Concession payments		--			115,070			115,070
	Translation gain (loss)		-135,129			(365,076	)		(500,205	)
	At December 31, 2013	$	410,354		$	1,119,535		$	1,609,889

Investment_in_Oil_Refinery

Investment in Oil Refinery	12 Months Ended
	Dec. 31, 2013
Investment In Oil Refinery [Abstract]	'
INVESTMENT IN OIL REFINERY	'
	4. INVESTMENT IN OIL REFINERY
	On January 13, 2012, the Company, through its wholly owned subsidiary, SAHF, signed a purchase option agreement with Cruz Norte, SA to purchase 33.33% of the Caimancito Refinery, located in the Jujuy Province, Argentina. In March 2012, the purchase option agreement was finalized and signed and Cruz Norte transferred 1/3 of its stake in the refinery to SAHF. The purchase price of the refinery was $150,000 for the 33.33% of the outstanding shares of Caimancito Refinery; the purchase price, which was paid in full as of July 6, 2012.  There were no operations in the refinery during the years ended December 31, 2013 and 2012.  The Company accounts for the investment under the equity method.

Property_and_Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2013
Property and Equipment [Abstract]	'
PROPERTY AND EQUIPMENT	'
	5. PROPERTY AND EQUIPMENT
	Property and equipment consists of:
		December 31,
		2013		2012
	Oilfield equipment	$	52,079	$	66,525
	Furniture and equipment		9,768		9,768
	Less accumulated depreciation		---		---
	Total property and equipment	$	61,698	$	76,293
	The oilfield equipment has not yet been placed in service.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	6. RELATED PARTY TRANSACTIONS
	The Company issued notes to related parties.  As of December 31, 2013 and 2012, the Company owed $-0- and $623,970, respectively, to certain directors of the Company.  As of December 31, 2013 and 2012, the Company owes three shareholders $150,655.  Interest expense to related parties for the years ended December 31, 2013 and 2012 amounted to $28,733 and $38,685, respectively.  On May 13 and 20, 2013, the Company repaid to Malcolm Sherman, Egani, Inc. and certain other shareholders all outstanding advances by such shareholders to the Company, together with accrued interest, in the aggregate amount of $754,856.

Debt

Debt	12 Months Ended
	Dec. 31, 2013
Debt [Abstract]	'
DEBT	'
	7. DEBT
		December 31,
	Short – term debt	2013		2012
	Note payable to third party, interest at 6%, due August 10, 2011		15,000		15,000
	Note payable to third party interest at 6%, due September 20, 2007		60,000		60,000
	Notes payable to third party, interest at 6%, due August 10, 2011.		--		--
	Total	$	75,000	$	75,000
	Notes Payable to Related Parties
		December 31,
		2013		2012
	Notes payable to three investors, interest at 8%, due July 2014	$	150,655	$	150,655
	Notes payable to shareholders and related parties, interest at 6%, due May 1, 2013		--		623,970
	Total		150,655		774,625
	Less current portion		--		623,970
		$	150,655	$	150,655
	The Company included accrued interest payable on the aforesaid notes in accrued expenses as of December 31, 2013 and 2012, respectively.  On March 15, 2012, the $193,740 past due note payable and related accrued interest was settled by the agreement to pay $50,000 cash and the issuance of 475,000 shares of common stock valued at $213,750.  The Company recorded a loss of $9,133 on the extinguishment of debt.  Also during the three months ended June 30, 2012, the maturity dates of the past due notes to three investors in the amount of $150,655 were extended to July 2014. During the three months ended September 30, 2012, the due dates of the notes payable to stockholders and related parties were extended to December 31, 2013 and have subsequently been extended to May 1, 2013.

Accrued_Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2013
Accrued Expenses [Abstract]	'
ACCRUED EXPENSES	'
	8. ACCRUED EXPENSES
		December 31,
		2013		2012
	Accrued compensation	$	57,792	$	46,020
	Accrued interest		86,208		175,789
	Total	$	144,000	$	221,809

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
INCOME TAXES	'
	9. INCOME TAXES
	The Company had not recognized a benefit for income taxes in the year ended December 31, 2013, since the realization of the benefit of these net operating losses carried forward is not certain in the foreseeable future.  Domestic NOL carry-forwards were utilized in the computation of the provision for income taxes for the year ended December 31, 2012.
	Due to the operating loss of the Company's Argentina subsidiary, the Company is not required to pay any income tax in Argentina. However, the Company has been subject to the personal assets tax or Minimum Presumptive Tax (MPIT) on the assets owned by SAHF that has a branch office in Argentina.
	Personal assets tax or MPIT applies to individuals with assets owned as of December 31st each year. Taxpayers are required to pay the equivalent of 0.5% to 1.25% of the assets owned as of that date, depending on their global tax value if it exceeds a certain amount. For resident individuals, the tax applies on assets owned in Argentina and abroad. For non-resident individuals, the tax applies only on assets owned in Argentina.
	The law presumes (without admitting evidence to rebut the presumption) that shares, quotas and other participation interests held in the capital of Argentine companies (including branches) that are held by non-resident entities are indirectly owned by foreign individuals. The tax amounts to 0.5% annually (based on the equity value according to the financial statements), which must be paid by the Argentine companies.
	At December 31, 2013 and 2012, the Company has approximately $75,000 and $100,000, respectively, of liabilities for uncertain tax positions.  For the year ended December 31, 2012, the Company provided $100,000 for uncertain tax positions related to its investments in Argentina.  The value of that liability in US dollars has subsequently declined due to the decline in the Argentinian Peso versus the US Dollar.  There were no other adjustments to this account.  Interpretation of taxation rules relating to investments in Argentina concessions may give rise to uncertain tax positions.
	The Company’s policy is to recognize interest and penalties related to unrecognized tax benefits arising from uncertain tax positions as a component of the current provision for income taxes.  During the years ended December 31, 2013 and 2012, the Company recognized approximately $-0- and $10,000, respectively, of such interest and penalties in the consolidated statements of operations.
	The Company has approximately $7,500 and $10,000 accrued for interest and penalties at December 31, 2013 and 2012, respectively, which is included in liability for uncertain tax positions in the Company’s consolidated balance sheet.
	The Company’s total earnings (loss) before provision (benefit) for income taxes included earnings (loss) from domestic operations of $321,411 and $5,286,391 for 2013 and 2012, respectively, and loss from foreign operations of $(408,518) and $(243,242), for 2013 and 2012, respectively.
	The provision (benefit) for income taxes consists of the following:
		2013			2012
	Current:
	Federal	$	-		$	508,821
	Foreign		-			100,000
	State		-			174,769
		$	-		$	783,590
	Deferred
	Federal	$	-		$	-
	Foreign		-			-
	State		-			-
		$	-		$	-
	A reconciliation of taxes on income computed at the federal statutory rate to amounts provided as follows:
		2013			2012
	Tax provision (benefit) computed at federal statutory rate	$	(30,487	)	$	2,039,000
	Increase (decrease in taxes resulting from:
	Permanent differences		(328,248	)		47,590
	Increase in liability for uncertain tax positions		-			100,000
	Utilization of net operating loss carryforward		-			(1,578,000	)
	State taxes - net of federal benefit		-			175,000
	Valuation allowance		358,735			-
		$	-		$	783,590

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	10.   STOCKHOLDERS' EQUITY
	Preferred Stock
	As of December 31, 2013, the board of directors had not authorized the issuance of any series of preferred stock.
	Common Stock
	The Company has in certain cases issued shares of common stock for services and repayment of debt and interest valued at fair market value at time of issuance.
	For the years ended December 31, 2013 and 2012, the Company issued 0 and 28,800 shares, respectively, with fair values of $0 and $7,260, respectively, of its common stock to a related party for services performed.  For the years ended December 31, 2013 and 2012, the Company also issued 0 and 475,000 shares, respectively, with fair values of $0 and $213,750, respectively, for the settlement of a note payable and accrued interest.
	During the year ended December 31, 2013, the Company issued warrants to a related party to purchase 1,000,000 shares of its common stock at a price of $0.20 per share.  The company recorded compensation expense of $60,938.
	During the year ended December 31, 2012, the Company issued warrants to purchase 404,868 shares of its common stock for prices ranging from $0.20 to $0.42 per share.  The warrants expire in 2019.  The Company recorded compensation expense in the amount of $109,561 and additions to investments to unproved oil and gas properties in the amount of $18,999.
	A summary of warrant activity is detailed below:
					Weighted		Weighted		Aggregated
					Average		Average
					Exercise		Contractual		Intrinsic
		Warrants			Price		Term		Value
	Outstanding, January 1, 2012		7,900,649		$	0.21	6.00 years		$	228,019
	Granted		404,868			0.34		6		3,320
	Expired/Cancelled		(94,000	)		0.2		-		-
	Exercised		-			-		-		-
	Outstanding, December 31, 2012		8,211,517			0.21		5.04		-
	Granted		1,000,000		$	0.2		5		200,000
	Exercised		-			-		-		-
	Outstanding, December 31, 2013		9,211,517		$	0.21	4.13 years		$	691,052
	Exercisable, December 31, 2013		8,524,017		$	0.21	4.07 years		$	636,052

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	11.  COMMITMENTS AND CONTINGENCIES
	ECONOMIC AND POLITICAL RISK
	The Company is exposed in the inherent risks for the foreseeable future of conducting business internationally. Language barriers, foreign laws and tariffs and taxation issues all have a potential effect on the Company’s ability to transact business. Political instability may increase the difficulties and costs of doing business. Accordingly, events resulting from changes in the economic and political climate could have a material effect on the Company.
	OPERATING LEASES
	The Company entered into a lease agreement in February 2012 for 3,551 square feet of office space for its principal office in Arizona.  The lease expired in February 2013 and the Company has moved and has a two-year lease expiring in February 2015.
	Rent expense was $49,352 and $88,564 for the years ended December 31, 2013 and 2012, respectively.
	EMPLOYMENT AGREEMENTS
	On April 26, 2010, the Company’s Board of Directors approved five-year term executive employment agreements (“Employment Agreements”) between the Company and Dr. Daniel R. Peralta, the Company’s former Chairman and Chief Executive Officer, and Malcolm W. Sherman, the Company’s Executive Vice President.  Mr. Sherman’s Employment Agreement was effective March 23, 2010, and provides for a fixed annual salary of $300,000, which is limited by agreement of the executive and the Board to $235,000. Under the Employment Agreement, he is eligible for participation in a bonus pool with other senior executives, the quarterly bonus amounts being based on financial performance comparisons with prior fiscal quarters, beginning with the quarterly reports of the Company for the year 2006 and each subsequent year during the respective terms of each of the Employment Agreements. Such bonus will be pooled with those of other senior executives and computed based on a total bonus pool equal to 15% of the net profits of the Company as set forth in the Company’s SEC filings.
	COUNTRY RISK
	The Company has significant operations in the Argentina. The operating results of the Company may be adversely affected by changes in the political and social conditions in the Argentina and by changes in Argentinean government policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things. The Company can give no assurance that those changes in political and other conditions will not result in have a material adverse effect upon the Company’s business and financial condition.
	EXCHANGE RISK
	The Company cannot guarantee the Argentinean Peso and US dollar exchange rate will remain steady, therefore the Company could post the same profit for two comparable periods and post higher or lower profit depending on exchange rate of Peso and US dollar. The exchange rate could fluctuate depending on changes in the political and economic environments without notice.

Description_of_Business_and_Su1

Description of Business and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Description Of Business and Summary Of Significant Accounting Policies [Abstract]	'
ORGANIZATION	'
	ORGANIZATION
	Delta Investment Oil & Gas Inc. (“Delta” or “the Company”) was incorporated in Delaware on November 17, 1999.  Our name was changed from Delta Mutual, Inc. to our present name on October 29, 2013, by a filing by the Company in Delaware of a Certificate of Ownership, providing for the merger of the Company’s wholly-owned subsidiary, Delta International Oil and Gas Inc., into the Company, and in the merger, changing the Company’s name to Delta International Oil& Gas Inc.
	The primary focus of the Company’s business is its South America Hedge Fund LLC (“SAHF”) subsidiary, which has investments in oil and gas concessions in Argentina and focuses on the energy sector, including the development and supply of energy and alternative energy sources in Latin America and North America.
PRINCIPLES OF CONSOLIDATION	'
	PRINCIPLES OF CONSOLIDATION
	The Company's financial statements include the accounts of all majority-owned subsidiaries where its ownership is more than 50 percent of the common stock.  All material intercompany transactions and balances have been eliminated.
USE OF ESTIMATES	'
	USE OF ESTIMATES
	The preparation of the consolidated financial statements in conformity with accepted accounting principles generally accepted in the United States of America requires the Company to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities.  On an ongoing basis, the Company evaluates its estimates including, but not limited to, those related to such items as impairments of oil and gas properties, income tax exposures, accruals, depreciable/useful lives, allowance for doubtful accounts, and valuation allowances.  The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.  Actual results could differ from those estimates.
EVALUATION OF LONG-LIVED ASSETS	'
	EVALUATION OF LONG-LIVED ASSETS
	Oil and gas and mineral properties represent an important component of the Company’s total assets.  Management reviews long-lived assets for potential impairment whenever significant events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable.  Impairment exists when the carrying amount of the long-lived asset is not recoverable and exceeds its fair value.  The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the estimated undiscounted cash flows expected to result from the use and eventual disposition of the asset.  If, impairment exists, the resulting write-down would be the difference between fair market value of the long-lived asset and the related net book value.
INVESTMENTS	'
	INVESTMENTS
	Investments in non-consolidated affiliates consist of the Company’s ownership interests in oil and gas development and exploration rights in Argentina, net of impairment losses if any.  These investments were reclassified to unproved oil and gas properties after the Company was officially admitted into the joint ventures for each of the properties.
	The Company evaluates these investments for impairment when indicators of potential impairment are present. Indicators of impairment include, but are not limited to, levels of oil and gas reserves, availability of pipeline (or other transportation) capacity and infrastructure and management of the operations in which the investments were made. The Company evaluates its equity method investments for impairment when events or changes in circumstances indicate, in management’s judgment, that the carrying value of such investments may have experienced an other-than-temporary decline in value. When evidence of loss in value has occurred, the Company compares fair value of the investment to its carrying value to determine whether impairment has occurred. If the estimated fair value is less than the carrying value and management considers the decline to be other than temporary, the excess of the carrying value over the estimated fair value is recognized as impairment in the consolidated financial statements.
OIL AND GAS PROPERTIES	'
	OIL AND GAS PROPERTIES
	The Company accounts for our oil and natural gas producing activities using the full cost method of accounting as prescribed by the United States Securities and Exchange Commission (SEC). Under this method, subject to a limitation based on estimated value, all costs incurred in the acquisition, exploration, and development of proved oil and natural gas properties, including internal costs directly associated with acquisition, exploration, and development activities, the costs of abandoned properties, dry holes, geophysical costs, and annual lease rentals are capitalized within a cost center. Costs of production and general and administrative corporate costs unrelated to acquisition, exploration, and development activities are expensed as incurred.
	Costs associated with unevaluated properties are capitalized as oil and natural gas properties but are excluded from the amortization base during the evaluation period. When we determine whether the property has proved recoverable reserves or not, or if there is an impairment, the costs are transferred into the amortization base and thereby become subject to amortization.
	The Company assesses all items classified as unevaluated property on at least an annual basis for inclusion in the amortization base. The Company assesses properties on an individual basis or as a group if properties are individually insignificant. The assessment includes consideration of the following factors, among others: intent to drill; remaining lease term; geological and geophysical evaluations; drilling results and activity; the assignment of proved reserves; and the economic viability of development if proved reserves are assigned. During any period in which these factors indicate that there would be impairment, or if proved reserves are assigned to a property, the cumulative costs incurred to date for such property are transferred to the amortizable base and are then subject to amortization.
	Capitalized costs included in the amortization base are depleted using the unit of production method based on proved reserves. Depletion is calculated using the capitalized costs included in the amortization base, including estimated asset retirement costs, plus the estimated future expenditures to be incurred in developing proved reserves, net of estimated salvage values.
	Beginning December 31, 2009, full cost companies use the un-weighted arithmetic average first day of the month price for oil and natural gas for the 12-month period preceding the calculation date. Prior to December 31, 2009, companies used the price in effect at the end of each accounting period and had the option, under certain circumstances, to elect to use subsequent commodity prices if they increased after the end of the accounting quarter.
	Sales or other dispositions of oil and natural gas properties are accounted for as adjustments to capitalized costs, with no gain or loss recorded unless the ratio of cost to proved reserves would significantly change.
IMPAIRMENT	'
	IMPAIRMENT
	The net book value of all capitalized oil and natural gas properties within a cost center, less related deferred income taxes, is subject to a full cost ceiling limitation which is calculated quarterly. Under the ceiling limitation, costs may not exceed an aggregate of the present value of future net revenues attributable to proved oil and natural gas reserves discounted at 10 percent using current prices, plus the lower of cost or market value of unproved properties included in the amortization base, plus the cost of unevaluated properties, less any associated tax effects. Any excess of the net book value, less related deferred tax benefits, over the ceiling is written off as expense. Impairment expense recorded in one period may not be reversed in a subsequent period even though higher oil and gas prices may have increased the ceiling applicable to the subsequent period.
ASSET RETIREMENT OBLIGATION	'
	ASSET RETIREMENT OBLIGATION
	The Company records the fair value of an asset retirement cost, and corresponding liability as part of the cost of the related long-lived asset and the cost is subsequently allocated to expense using a systematic and rational method. The Company records an asset retirement obligation to reflect our legal obligations related to future plugging and abandonment of our oil and natural gas wells and gas gathering systems. The Company estimates the expected cash flow associated with the obligation and discount the amount using a credit-adjusted, risk-free interest rate. At least annually, the Company reassesses the obligation to determine whether a change in the estimated obligation is necessary. The Company evaluates whether there are indicators that suggest the estimated cash flows underlying the obligation have materially changed. Should those indicators suggest the estimated obligation may have materially changed on an interim basis (quarterly), the Company will update our assessment accordingly. Additional retirement obligations increase the liability associated with new oil and natural gas wells and gas gathering systems as these obligations are incurred.
PROPERTY AND EQUIPMENT	'
	PROPERTY AND EQUIPMENT
	Property and equipment are stated at cost. Depreciation is provided for by the straight-line method over the estimated useful lives of the related assets. The Company purchased oil field equipment during the fourth quarter of 2011.   The Company did not provide any depreciation on this equipment for the years ending December 31, 2013 and 2012, as the equipment was not yet in service.
REVENUE RECOGNITION	'
	REVENUE RECOGNITION
	The Company recognizes revenue when persuasive evidence of an arrangement exists, services have been rendered, the sales price is fixed or determinable, and collectability is reasonably assured. We follow the “sales method” of accounting for oil and natural gas revenue, so we recognize revenue on all natural gas or crude oil sold to purchasers, regardless of whether the sales are proportionate to our ownership in the property. Actual sales of gas are based on sales, net of the associated volume charges for processing fees and for costs associated with delivery, transportation, marketing, and royalties in accordance with industry standards. Operating costs and taxes are recognized in the same period in which revenue is earned.  Severance and ad valorem taxes are reflected as a component of lease operating expense.
INCOME TAXES	'
	INCOME TAXES
	The Company accounts for income taxes in accordance with the liability method. Under the liability method, deferred assets and liabilities are recognized based upon anticipated future tax consequences attributable to differences between financial statement carrying amounts of assets and liabilities and their respective tax bases. The Company establishes a valuation allowance to the extent that it is more likely than not that deferred tax assets will not be utilized against future taxable income.
UNCERTAIN TAX POSITIONS	'
	UNCERTAIN TAX POSITIONS
	The Company evaluates uncertain tax positions pursuant to ASC Topic 740-10-25 “Accounting for Uncertainty in Income Taxes,” which allows companies to recognize a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. Those tax positions failing to qualify for initial recognition are recognized in the first interim period in which they meet the more likely than not standard, or are resolved through negotiation or litigation with the taxing authority, or upon expiration of the statute of limitations. De-recognition of a tax position that was previously recognized occurs when an entity subsequently determines that a tax position no longer meets the more likely than not threshold of being sustained.
	At December 31, 2013 and 2012, the Company has approximately $75,000 and $100,000, respectively, of liabilities for uncertain tax positions.  For the year ended December 31, 2012, the Company provided $100,000 for uncertain tax positions related to its investments in Argentina.  Interpretation of taxation rules relating to investments in Argentina concessions may give rise to uncertain positions.  In connection with the uncertain tax position, there was no interest or penalties recorded.
	The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional tax expense based upon the outcomes of such matters. In addition, when applicable, the Company will adjust tax expense to reflect the Company’s ongoing assessments of such matters, which require judgment and can materially increase or decrease its effective rate as well as impact operating results.
	The number of years with open tax audits varies depending on the tax jurisdiction. The Company’s major taxing jurisdictions include the United States (including applicable states).
EARNINGS (LOSS) PER SHARE	'
	EARNINGS (LOSS) PER SHARE
	Basic earnings per share are computed by dividing net earnings by the weighted average number of common shares outstanding during the period.  Diluted earnings per common share are computed by dividing net earnings by the weighted average number of common share and potential common share outstanding during the period.  Potential common shares consist of outstanding common stock purchase warrants.  For the year ended December 31, 2013 and 2012, there were 9,211,517 and 8,211,517, respectively of potentially dilutive common shares outstanding.
FOREIGN CURRENCY TRANSLATION	'
	FOREIGN CURRENCY TRANSLATION
	In 2013 and 2012, the functional currency for the Company’s primary foreign operations is the local currency. Assets and liabilities of foreign operations are translated at balance sheet date rates of exchange and income, expense and cash flow items are translated at the average exchange rate for the period. The functional currency in South America is the Argentine Peso. Translation adjustments are recorded in Accumulated Other Comprehensive Loss.
OTHER CRITICAL ACCOUNTING POLICIES	'
	OTHER CRITICAL ACCOUNTING POLICIES
	The Securities and Exchange Commission ("SEC") recently issued “Financial Reporting Release No. 60 Cautionary Advice About Critical Accounting Policies” (“FRR 60”), suggesting companies provide additional disclosures, discussion and commentary on their accounting policies considered most critical to its business and financial reporting requirements. FRR 60 considers an accounting policy to be critical if it is important to the Company’s financial condition and results of operations, and requires significant judgment and estimates on the part of management in the application of the policy. For a summary of the Company’s significant accounting policies, including the critical accounting policies, please refer to the accompanying notes to the financial statements.
STOCK-BASED COMPENSATION	'
	STOCK-BASED COMPENSATION
	The Company accounts for stock-based compensation to non-employees under ASC 718, "Compensation-Stock Compensation" ("ASC 718").  The compensation cost of the awards is based on the grant date fair-value of these awards and recognized over the requisite service period, which is typically the vesting period.  For the years ended December 31, 2013 and 2012, the Company issued 0 and 28,800 shares, respectively, and recorded compensation expense in the amount of $0 and $7,280, respectively. The Company uses the Black-Scholes Option Pricing Model to determine the fair-value of stock options issued for compensation.
	The Company accounts for non-employee share-based awards based upon ASC 505-50, “Equity-Based Payments to Non-Employees.”  ASC 505-50 requires the costs of goods and services received in exchange for an award of equity instruments to be recognized using the fair value of the goods and services or the fair value of the equity award, whichever is more reliably measurable. The fair value of the equity award is determined on the measurement date, which is the earlier of the date that a performance commitment is reached or the date that performance is complete.  Generally, our awards do not entail performance commitments.  When an award vests over time such that performance occurs over multiple reporting periods, we estimate the fair value of the award as of the end of each reporting period and recognize an appropriate portion of the cost based on the fair value on that date.  When the award vests, we adjust the cost previously recognized so that the cost ultimately recognized is equivalent to the fair value on the date the performance is complete.
	For the years ended December 31, 2013 and 2012, the Company granted warrants to purchase 1,000,000 and 404,868, respectively of its common stock and recorded compensation expense of $60,938 and $109,561, respectively.  The Company also recorded $18,999 in additions to oil and gas properties for the year ended December 31, 2012.
FAIR VALUE OF FINANCIAL MEASUREMENTS	'
	FAIR VALUE OF FINANCIAL MEASUREMENTS
	FASB ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. FASB ASC 820 describes three levels of inputs that may be used to measure fair value:
	The Company utilizes the accounting guidance for fair value measurements and discloses for all financial assets and liabilities that are recognized or disclosed at fair value in the consolidated financial statements on a recurring basis during the reporting period.
	The fair value is an exit price, representing the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability.  ASC 820, "Fair Value Measurements and Disclosures", establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.  These tiers are defined as follows:
	Level 1 - Observable inputs such as quoted market prices in active markets.
	Level 2 - Inputs other then quoted prices in active markets that are either directly or indirectly observable.
	Level 3 - Unobservable inputs about which little or no market data exists, therefore requiring an entity to develop its own assumptions.
	As of December 31, 2013, there were no financial assets or liabilities that required disclosure.
NEW FINANCIAL ACCOUNTING STANDARDS	'
	NEW FINANCIAL ACCOUNTING STANDARDS
	Accounting Standards Update No. 2013-02 – Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (“ASU No. 2013-02”)
	ASU No. 2013-02 requires disclosure of amounts reclassified out of accumulated other comprehensive income by component.  In addition, an entity is required to present either on the face of the consolidated statements of operations or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net earnings but only if the amount reclassified is required to be reclassified to net earnings in its entirety in the same reporting period.  For amounts not reclassified in their entirety to net earnings, an entity is required to cross-reference to other disclosures that provide additional detail about those amounts.  ASU No. 2013-02 is effective prospectively for the Company for annual and interim periods beginning January 1, 2013.  The Company does not expect that the adoption of this update will have a material effect on its consolidated financial statements.

Investment_in_Unproved_Oil_and1

Investment in Unproved Oil and Gas Properties (Tables)	12 Months Ended
	Dec. 31, 2013
Investment In Unproved Oil and Gas Properties [Abstract]	'
Summary of investments in unproved oil and gas properties	'
		Concession			Exploration			Total
		Investments			Rights
	At January 1, 2012	$	875,130		$	1,240,150		$	2,115,280
	Drilling and development costs		6,087			577,533			583,620
	Sale of 50% interest in Tartagal & Morillo		(255,284	)		—			(255,284	)
	Translation gain (loss)		(80,450	)		(368,142	)		(448,632	)
	At December 31, 2012		545,483			1,449,541			1,995,024
	Concession payments		--			115,070			115,070
	Translation gain (loss)		-135,129			(365,076	)		(500,205	)
	At December 31, 2013	$	410,354		$	1,119,535		$	1,609,889

Property_and_Equipment_Tables

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2013
Property and Equipment [Abstract]	'
Summary of property and equipment	'
		December 31,
		2013		2012
	Oilfield equipment	$	52,079	$	66,525
	Furniture and equipment		9,768		9,768
	Less accumulated depreciation		---		---
	Total property and equipment	$	61,698	$	76,293

Debt_Tables

Debt (Tables)	12 Months Ended
	Dec. 31, 2013
Debt [Abstract]	'
Schedule of short term debt	'
		December 31,
	Short – term debt	2013		2012
	Note payable to third party, interest at 6%, due August 10, 2011		15,000		15,000
	Note payable to third party interest at 6%, due September 20, 2007		60,000		60,000
	Notes payable to third party, interest at 6%, due August 10, 2011.		--		--
	Total	$	75,000	$	75,000
Schedule of notes payable to related parties	'
		December 31,
		2013		2012
	Notes payable to three investors, interest at 8%, due July 2014	$	150,655	$	150,655
	Notes payable to shareholders and related parties, interest at 6%, due May 1, 2013		--		623,970
	Total		150,655		774,625
	Less current portion		--		623,970
		$	150,655	$	150,655

Accrued_Expenses_Tables

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2013
Accrued Expenses [Abstract]	'
Components of accrued expenses	'
		December 31,
		2013		2012
	Accrued compensation	$	57,792	$	46,020
	Accrued interest		86,208		175,789
	Total	$	144,000	$	221,809

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Summary of provision (benefit) for income taxes	'
		2013			2012
	Current:
	Federal	$	-		$	508,821
	Foreign		-			100,000
	State		-			174,769
		$	-		$	783,590
	Deferred
	Federal	$	-		$	-
	Foreign		-			-
	State		-			-
		$	-		$	-
Summary of reconciliation of taxes on income computed at federal statutory rate	'
		2013			2012
	Tax provision (benefit) computed at federal statutory rate	$	(30,487	)	$	2,039,000
	Increase (decrease in taxes resulting from:
	Permanent differences		(328,248	)		47,590
	Increase in liability for uncertain tax positions		-			100,000
	Utilization of net operating loss carryforward		-			(1,578,000	)
	State taxes - net of federal benefit		-			175,000
	Valuation allowance		358,735			-
		$	-		$	783,590

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity [Abstract]	'
Summary of the warrant activity	'
					Weighted		Weighted		Aggregated
					Average		Average
					Exercise		Contractual		Intrinsic
		Warrants			Price		Term		Value
	Outstanding, January 1, 2012		7,900,649		$	0.21	6.00 years		$	228,019
	Granted		404,868			0.34		6		3,320
	Expired/Cancelled		(94,000	)		0.2		-		-
	Exercised		-			-		-		-
	Outstanding, December 31, 2012		8,211,517			0.21		5.04		-
	Granted		1,000,000		$	0.2		5		200,000
	Exercised		-			-		-		-
	Outstanding, December 31, 2013		9,211,517		$	0.21	4.13 years		$	691,052
	Exercisable, December 31, 2013		8,524,017		$	0.21	4.07 years		$	636,052

Description_of_Business_and_Su2

Description of Business and Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Description of business and summary of significant accounting policies (Textual)	'	'
Potential dilutive common shares outstanding	9,211,517	8,211,517
Shares issued for stock-based compensation	0	28,800
Compensation expense	$0	$7,280
Warrant granted to purchase common stock	1,000,000	404,868
Recorded compensation expense	60,938	109,561
Additional investment in oil and gas properties	'	18,999
Ownership percentage	50.00%	'
Percentage of maximum cost under the ceiling limitation	10.00%	'
Liabilities for uncertain tax positions	75,228	100,000
Argentina [Member]	'	'
Description of business and summary of significant accounting policies (Textual)	'	'
Liabilities for uncertain tax positions	'	$100,000

Receivable_from_Sale_of_Biddin1

Receivable from Sale of Bidding Rights and Oil and Gas Properties (Details) (USD $)	1 Months Ended	12 Months Ended
	Mar. 31, 2012	Dec. 31, 2012
Receivable from Sale of Bidding Rights and Oil and Gas Properties (Textual)	'	'
Proceed from sale of Principle Petroleum Ltd.	$7,000,000	'
Percentage sale of share in SAHF's	50.00%	'
Percentage of interest in the concession	9.00%	'
Proceed from sale of share in SAHF's	500,000	'
Maximum limit to provide funds to the operating entities	10,000,000	'
Amount received as deposit for purchase exploration and exploitation rights	'	3,499,958
Receivable from the sale of bidding rights and oil and gas properties	'	4,000,000
Additional payments received from the sale of bidding rights and oil and gas properties	$500,000	'

Investment_in_Unproved_Oil_and2

Investment in Unproved Oil and Gas Properties (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Summary of investments in unproved oil and gas properties	'	'
Beginning Balance	$1,995,024	$2,115,280
Drilling and development costs	'	583,620
Sale of 50% interest in Tartagal & Morillo	'	-255,284
Concession payments	115,070	'
Translation gain (loss)	-500,205	-448,632
Balance	1,609,889	1,995,024
Concession Investments [Member]	'	'
Summary of investments in unproved oil and gas properties	'	'
Beginning Balance	545,483	875,130
Drilling and development costs	'	6,087
Sale of 50% interest in Tartagal & Morillo	'	-255,284
Concession payments	'	'
Translation gain (loss)	-135,129	-80,450
Balance	410,354	545,483
Exploration Rights [Member]	'	'
Summary of investments in unproved oil and gas properties	'	'
Beginning Balance	1,449,541	1,240,150
Drilling and development costs	'	577,533
Sale of 50% interest in Tartagal & Morillo	'	'
Concession payments	115,070	'
Translation gain (loss)	-365,076	-368,142
Balance	$1,119,535	$1,449,541

Investment_in_Unproved_Oil_and3

Investment in Unproved Oil and Gas Properties (Details Textual) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Feb. 06, 2008

Aug. 10, 2011

Feb. 06, 2008

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

15-May-07

Dec. 31, 2009

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Well

Valle de Lerma [Member]

SAHF [Member]

SAHF [Member]

Tartagal and Morillo [Member]

Jollin and Tonono [Member]

Jollin and Tonono [Member]

Maxipetrol [Member]

GRASTA [Member]

PetroNexus [Member]

Remsa [Member]

Morillo [Member]

Tartagal [Member]

High Luck [Member]

sqkm

Well

Valle de Lerma [Member]

Well

sqkm

sqkm

sqkm

Well

Investment in unproved oil and gas properties (Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership percentage

50.00%

'

'

'

'

9.00%

10.00%

'

'

'

'

'

'

60.00%

'

Carry-over interest

'

'

'

'

'

'

'

18.00%

10.00%

'

'

'

'

'

'

Increased in ownership interest

'

'

'

'

'

'

'

23.50%

'

'

'

'

'

'

'

Increased carry-over interest

'

'

'

'

'

'

'

9.00%

'

'

'

'

'

'

'

Working interest

'

'

'

'

'

'

'

14.50%

'

'

'

'

'

'

'

Transfer of ownership interest

'

'

'

'

'

'

'

'

13.50%

'

'

'

'

'

'

Area of block in province of salta in the northwestern region of Argentina (in Km2)

'

'

5,259

'

'

'

'

'

'

'

'

'

'

'

'

Exploration right owned

'

'

'

40.00%

60.00%

'

'

'

'

5.00%

30.00%

5.00%

'

'

'

Number of geographical defined area in the Salta Province of Northern Argentina

'

'

'

5

'

'

'

'

'

'

'

'

'

'

'

Cash paid to purchase oil and gas exploration rights

'

'

'

$697,000

'

'

'

'

'

'

'

'

'

'

'

Percentage of right assign to third party

'

'

'

50.00%

'

'

'

'

'

'

'

'

'

'

'

License area

'

'

'

'

'

'

'

'

'

'

'

'

3,518

7,065

274

Number of wells

'

'

'

'

'

22

'

'

'

'

'

'

'

22

'

Ownership in Tartagal and Morillo

'

'

'

'

'

'

'

'

'

'

'

'

'

$60,000,000

'

Investment in unproved oil and gas properties (Additional Textual)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of oil and gas exploration rights to five blocks in the Salta Province of Northern Argentina

'

40.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Period to explore and produce hydrocarbons

'20 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Period for which license can be renewed

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of exploratory well

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exploration term for first period

'4 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exploration term for second period

'3 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Exploration term for last period

'2 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investment_in_Oil_Refinery_Det

Investment in Oil Refinery (Details) (USD $)	Dec. 31, 2013	Mar. 30, 2012	Jan. 13, 2012
		Cruz Norte, SA [Member]	Cruz Norte, SA [Member]
Investment in oil refinery (Textual)	'	'	'
Ownership percentage	50.00%	'	33.33%
Purchase price of the refinery	'	$150,000	'

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Summery of property and equipment	'	'
Less accumulated depreciation	'	'
Total property and equipment	61,698	76,293
Oilfield equipment [Member]	'	'
Summery of property and equipment	'	'
Property, plant and equipment, Gross	52,079	66,525
Furniture and equipment [Member]	'	'
Summery of property and equipment	'	'
Property, plant and equipment, Gross	$9,768	$9,768

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	20-May-13	13-May-13
	Shareholder
Related Party Transactions (Textual)	'	'	'	'
Number of Shareholders	3	'	'	'
Interest expenses related parties	$28,733	$38,685	'	'
Aggregate amount of repayment	'	'	754,856	754,856
Director [Member]	'	'	'	'
Related Party Transactions (Textual)	'	'	'	'
Amount owed to related parties	0	623,970	'	'
Shareholders [Member]	'	'	'	'
Related Party Transactions (Textual)	'	'	'	'
Amount owed to related parties	$150,655	$150,655	'	'

Debt_Details

Debt (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Schedule of short term debt	'	'
Notes payable, Total	$75,000	$75,000
Note payable to third party, interest at 6%, due August 10, 2011 [Member]	'	'
Schedule of short term debt	'	'
Notes payable, Total	15,000	15,000
Note payable to third party interest at 6%, due September 20, 2007 [Member]	'	'
Schedule of short term debt	'	'
Notes payable, Total	60,000	60,000
Notes payable to third party, interest at 6%, due August 10, 2011 [Member]	'	'
Schedule of short term debt	'	'
Notes payable, Total	'	'

Debt_Details_1

Debt (Details 1) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Schedule of notes payable to related parties	'	'
Total	$150,655	$774,625
Less current portion	'	623,970
Non current portion	150,655	150,655
Notes payable to three investors, interest at 8%, due July 2014 [Member]	'	'
Schedule of notes payable to related parties	'	'
Total	150,655	150,655
Notes payable to shareholders and related parties, interest at 6%, due May 1, 2013 [Member]	'	'
Schedule of notes payable to related parties	'	'
Total	'	$623,970

Debt_Details_Textual

Debt (Details Textual) (USD $)	0 Months Ended	3 Months Ended	12 Months Ended
	Mar. 15, 2012	Jun. 30, 2012	Dec. 31, 2013	Dec. 31, 2012
		Investors
Debt (Textual)	'	'	'	'
Past due note payable and related accrued interest	$193,740	'	'	'
Cash paid in settlement of notes payable and related accrued interest	50,000	'	'	'
Common stock issued in settlement of notes payable and related accrued interest, shares	'	'	0	475,000
Common stock issued in settlement of notes payable and related accrued interest, value	213,750	'	'	'
Loss on extinguishment of debt	9,133	'	'	'
Number of investors	'	3	'	'
Extended maturity date of notes due to three investors	'	31-Jul-14	'	'
Notes payable	'	'	$150,655	'
Notes payable to three investors, interest at 8%, due July 2014 [Member]	'	'	'	'
Debt (Textual)	'	'	'	'
Interest rate of notes payable	'	'	8.00%	'
Maturity date of notes payable	'	'	31-Jul-14	'
Note payable to third party, interest at 6%, due August 10, 2011 [Member]	'	'	'	'
Debt (Textual)	'	'	'	'
Interest rate of notes payable	'	'	6.00%	'
Maturity date of notes payable	'	'	10-Aug-11	'
Note payable to third party interest at 6%, due September 20, 2007 [Member]	'	'	'	'
Debt (Textual)	'	'	'	'
Interest rate of notes payable	'	'	6.00%	'
Maturity date of notes payable	'	'	20-Sep-07	'
Notes payable to shareholders and related parties, interest at 6%, due May 1, 2013 [Member]	'	'	'	'
Debt (Textual)	'	'	'	'
Interest rate of notes payable	'	'	6.00%	'
Maturity date of notes payable	'	'	1-May-13	'
Notes payable to third party, interest at 6%, due August 10, 2011 [Member]	'	'	'	'
Debt (Textual)	'	'	'	'
Interest rate of notes payable	'	'	6.00%	'
Maturity date of notes payable	'	'	10-Aug-11	'

Accrued_Expenses_Details

Accrued Expenses (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Components of accrued expenses	'	'
Accrued compensation	$57,792	$46,020
Accrued interest	86,208	175,789
Total	$144,000	$221,809

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Current:	'	'
Federal	'	$508,821
Foreign	'	100,000
State	'	174,769
Total current provision (benefit) for income taxes	'	783,590
Deferred	'	'
Federal	'	'
Foreign	'	'
State	'	'
Total deferred provision (benefit) for income taxes	'	'

Income_Taxes_Details_1

Income Taxes (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Summary of reconciliation of taxes on income computed at federal statutory rate	'	'
Tax provision (benefit) computed at federal statutory rate	($30,487)	$2,039,000
Increase (decrease in taxes resulting from:	'	'
Permanent differences	-328,248	47,590
Increase in liability for uncertain tax positions	'	100,000
Utilization of net operating loss carryforward	'	-1,578,000
State taxes - net of federal benefit	'	175,000
Valuation allowance	358,735	'
Income tax expense (Benefit)	'	$783,590

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes (Textual)	'	'
Tax to be paid by taxpayers, Minimum	0.50%	'
Tax to be paid by taxpayers, Maximum	1.25%	'
Percentage of tax to be paid by Argentine companies	0.50%	'
Liabilities for uncertain tax positions	$75,228	$100,000
Recognized interest and penalties related to unrecognized tax benefits	0	10,000
Accrued interest and penalties included in liability for uncertain tax positions	7,500	10,000
Earnings (loss) from domestic operations before provision (benefit) for income taxes	321,411	5,286,391
Loss from foreign operations before provision (benefit) for income taxes	($408,518)	($243,242)

Stockholders_Equity_Details

Stockholders' Equity (Details) (Warrant [Member], USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Warrant [Member]	'	'
Summary of the warrant activity	'	'
Warrants Outstanding, Beginning Balance	8,211,517	7,900,649
Warrants Granted	1,000,000	404,868
Warrants Expired/Cancelled	'	-94,000
Warrants Exercised	'	'
Warrants Outstanding, Balance	9,211,517	8,211,517
Warrants Exercisable, Balance	8,524,017	8,211,517
Weighted Average Exercise Price, Beginning Balance	$0.21	$0.21
Weighted Average Exercise Price - Granted	$0.20	$0.34
Weighted Average Exercise Price - Expired/Cancelled	'	$0.20
Weighted Average Exercise Price - Exercised	'	'
Weighted Average Exercise Price, Balance	$0.21	$0.21
Weighted Average Exercise Price, Exercisable Balance	$0.21	$0.21
Weighted Average Contractual Term Opening	'	'6 years
Weighted Average Contractual Term Granted	'5 years	'6 years
Weighted Average Contractual Term Ending	'4 years 1 month 17 days	'5 years 15 days
Weighted Average Contractual Term, Exercisable	'4 years 26 days	'
Aggregated Intrinsic Value, Outstanding	'	$228,019
Aggregate Intrinsic Value, Granted	200,000	3,320
Aggregate Intrinsic Value, Expired/Cancelled	'	'
Aggregate Intrinsic Value, Warrants Exercised	'	'
Aggregate Intrinsic Value, Ending balance	691,052	'
Aggregated Intrinsic Value, Exercisable Balance	$636,052	'

Stockholders_Equity_Details_Te

Stockholders' Equity (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stockholders' Equity (Textual)	'	'
Common stock issued in settlement of notes payable and related accrued interest, shares	0	475,000
Common stock issued in settlement of notes payable, fair value	$0	$213,750
Company issued common stock to a related party for services performed, shares	0	28,800
Company issued common stock to a related party for services performed, fair value	0	7,260
Warrants expiration period	'	'2019
Warrant granted to purchase common stock	1,000,000	404,868
Share price of common stock, maximum	'	$0.42
Share price of common stock, minimum	'	$0.20
Share-based compensation expense	60,938	109,561
Additional investment to unproved oil and gas properties	'	$18,999
Warrants issued to related party	1,000,000	'
Warrants issued to related party, price per share	$0.20	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
	sqft
Commitments and Contingencies (Textual)	'	'
Area of office space	3,551	'
Lease expiration period	'The lease expired in February 2013 and the Company has moved and has a month-to-monthtwo-year lease expiring in February 2015.	'
Rent expense	$49,352	$88,564
Executive Vice President [Member]	'	'
Commitments and Contingencies (Textual)	'	'
Term of executive employment agreement	'5 years	'
Fixed annual salary Mr. Sherman's under employment agreement	300,000	'
Annual salary of Malcolm W. Sherman limited by agreement of the executive and the Board	$235,000	'
Description of bonus given to employees	'Bonus will be pooled with those of other senior executives and computed based on a total bonus pool equal to 15% of the net profits.	'