Three Forks Inactive 10-Q/A31 Jan 142013 Q3 Quarterly report (amended)Financial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2013	Nov. 15, 2013
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'true	'
Amendment Description	'Three Forks, Inc., (the 'Company'), is filing this Amendment to its Quarterly Report on Form 10-Q for the Quarter ended September 30, 2013 filed with the Securities and Exchange Commission on November 18, 2013, for the sole purpose of Restating the Financial Statements provided in Part I, Item 1 Financial Statements as detailed in Note 14 ? Restatement of Operations. As result of such restatement, Part I, Item 2, Managements? Discussion and Analysis has also been amended. Further, Part I, Item 4 Controls and Procedures has been revised. This Amendment does not reflect events occurring after the Original Filing except as noted above. Except for the foregoing amended information, this Form 10-Q/A continues to speak as of the date of the Original Filing and the Company has not otherwise updated disclosures contained therein or herein to reflect events that occurred at a later date.	'
Document Period End Date	30-Sep-13	'
Entity Registrant Name	'THREE FORKS, INC.	'
Entity Central Index Key	'0001548082	'
Current Fiscal Year End Date	'--12-31	'
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2013	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	11,503,477

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current assets	'	'
Cash and cash equivalents	$2,033,179	$492,729
Accounts receivable trade, net	148,385	'
Inventories	42,143	'
Note receivable other	100,000	100,000
Due from others, related party	119,809	'
Prepaid and other current assets	26,294	27,299
Total current assets	2,469,810	620,028
Disposal group held for sale of discontinued operations	'	1,481,071
Oil and gas properties at cost, full-cost method of accounting	'	'
Unproved	797,867	150,001
Proved	4,338,489	'
Other	25,554	11,576
Total property and equipment	5,161,910	161,577
Less accumulated depreciation, depletion and amortization	-37,094	-449
Net property and equipment	5,124,816	161,128
Long-term assets	'	'
Other long-term assets	61,289	55,081
Total Long-term assets	61,289	55,081
Total assets	7,655,915	2,317,308
Current liabilities	'	'
Current maturities of convertible notes	1,535,000	'
Current maturities of notes	29,358	7,003
Accounts payable trade	194,668	4,427
Due on acquisition of oil and gas properties	1,742,143	'
Accrued and deposits payable	247,490	22,680
Accrued liabilities and notes payable, related party	817,585	15,000
Total current liabilities	4,566,244	49,110
Long-term liabilities	'	'
Asset retirement obligations	281,962	'
Total long-term liabilities	281,962	'
Disposal group held for sale payables of discontinued operations	'	7,745
Total liabilities	4,848,206	56,855
Commitments and Contingencies	'	'
STOCKHOLDERS' EQUITY	'	'
Preferred shares, no par value, 25,000,000 shares authorized; no shares issued and outstanding	'	'
Common shares, $0.001 par value, 100,000,000 shares authorized; 11,503,477 and 10,799,339 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	11,503	10,799
Additional paid in capital	4,896,040	3,230,941
Accumulated deficit	-2,099,834	-981,287
Total stockholders' equity	2,807,709	2,260,453
Total liabilities and stockholders' equity	$7,655,915	$2,317,308

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
BALANCE SHEETS [Abstract]	'	'
Preferred Stock, par value per share	$0	$0
Preferred Stock, shares authorized	25,000,000	25,000,000
Preferred Stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common Stock, par value per share	$0.00	$0.00
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	11,503,477	10,799,339
Common stock, shares outstanding	11,503,477	10,799,339

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended	9 Months Ended
STATEMENTS OF OPERATIONS (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013
Revenue	'	'	'	'
Oil and gas sales	$581,762	$102,537	$524,881	$1,898,134
Management fees	48,000	'	'	112,000
Total revenues	629,762	102,537	524,881	2,010,134
Operating expenses:	'	'	'	'
Lease operating expenses	175,657	126,387	235,328	604,088
Production taxes	24,080	13,583	29,205	88,344
Depreciation, depletion and amortization	42,645	16,653	49,960	117,725
General and administrative expenses	599,136	229,438	511,186	1,588,894
Total operating expenses	841,518	386,061	825,679	2,399,051
Loss from operations	-211,756	-283,524	-300,798	-388,917
Other income (expense)	'	'	'	'
Other Income	'	'	'	22,000
Interest income	1,000	'	'	3,014
Interest expense	-4,836	'	'	-4,837
Total other income	-3,836	'	'	20,177
Loss from continuing operations before income taxes	-215,592	-283,524	-300,798	-368,740
Income taxes	'	'	'	'
Net loss from continuing operations	-215,592	-283,524	-300,798	-368,740
Discontinued operations	'	'	'	'
Income from operations of discontinued property	'	'	'	'
Gain on disposal of property	'	'	'	127,478
Income from discontinued operations	'	'	'	127,478
Net loss	($215,592)	($283,524)	($300,798)	($241,262)
Net loss from continuing operations	'	'	($0.04)	($0.03)
Net income from discontinued operations	'	'	'	'
Basic and diluted	'	'	'	$0.01
Net loss per common share	'	'	'	'
Basic and diluted	($0.02)	($0.04)	($0.04)	($0.02)
Weighted average number of common shares	'	'	'	'
Basic and diluted	11,462,713	8,081,137	8,539,160	11,306,667

STATEMENT_OF_STOCKHOLDERS_EQUI

STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	PREFERRED SHARES [Member]	COMMON SHARES [Member]	ADDITIONAL PAID-IN CAPITAL [Member]	ACCUMULATED (DEFICIT) [Member]
Balance at Dec. 31, 2012	$2,260,453	'	$10,799	$3,230,941	($981,287)
Balance, shares at Dec. 31, 2012	'	'	10,799,339	'	'
Issuance of shares for services, related party, transaction one	2,200	'	25	2,175	'
Issuance of shares for services, related party, transaction one, shares	'	'	25,000	'	'
Issuance of shares for services, transaction one	39,160	'	445	38,715	'
Issuance of shares for services, transaction one, shares	'	'	445,000	'	'
Sale of shares for cash, transaction one	400	'	40	360	'
Sale of shares for cash, transaction one, shares	'	'	40,000	'	'
Sale of shares for cash, transaction two	150,002	'	100	149,902	'
Sale of shares for cash, transaction two, shares	'	'	100,001	'	'
Sale of shares for cash, transaction three	50,000	'	25	49,975	'
Sale of shares for cash, transaction three, shares	'	'	25,000	'	'
Sale of shares for cash, transaction four	2,421,041	'	807	2,420,234	'
Sale of shares for cash, transaction four, shares	'	'	807,021	'	'
Correction of prior issuance of shares	'	'	-113	113	'
Correction of prior issuance of shares, shares	'	'	-112,884	'	'
Repurchase of shares, transaction one	-825,000	'	-275	-824,725	'
Repurchase of shares, transaction one, shares	'	'	-275,000	'	'
Repurchase of shares, transaction two	-150,000	'	-100	-149,900	'
Repurchase of shares, transaction two, shares	'	'	-100,000	'	'
Retirement of shares to settle claims	-22,000	'	-250	-21,750	'
Retirement of shares to settle claims, shares	'	'	-250,000	'	'
Distributions to working interest owners of five jab inc.	-958,365	'	'	'	-958,365
Adjustment of equity of five jab inc.	81,080	'	'	'	81,080
Net (loss) for the period	-241,262	'	'	'	-241,262
Balance at Sep. 30, 2013	$2,807,709	'	$11,503	$4,896,040	($2,099,834)
Balance, shares at Sep. 30, 2013	'	'	11,503,477	'	'

STATEMENT_OF_STOCKHOLDERS_EQUI1

STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	Sep. 30, 2013
Common Stock Issued For Services - Related Party Transaction One [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$0.09
Common Stock Issued For Services Transaction One [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$0.09
Common Stock Sold For Cash Transaction One [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$0.01
Common Stock Sold For Cash Transaction Two [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$1.50
Common Stock Sold For Cash Transaction Three [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$2
Common Stock Sold For Cash Transaction Four [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$3
Common Stock Repurchased Transaction One [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$3
Common Stock Repurchased Transaction Two [Member]	'
Equity Issuance [Line Items]	'
Common stock issued, price per share	$1.50

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended	9 Months Ended
STATEMENTS OF CASH FLOWS (USD $)	Sep. 30, 2012	Sep. 30, 2013
OPERATING ACTIVITIES	'	'
Net (loss) from continuing operations attributable to common stockholders	($300,798)	($368,740)
Income from discontinued operations	'	127,478
Adjustments to reconcile net (loss) to net cash flows provided by (used in) operating activities:	'	'
Depreciation, depletion and amortization	49,960	117,725
Gain on settlement of claims	'	-22,000
Gain on sale of disposal group held for sale	'	-127,478
Shares issued for services - related party	5,325	2,200
Shares issued for services	3,045	39,160
Changes in operating assets and liabilities:	'	'
Accounts receivable trade	'	-148,385
Inventories	'	-42,143
Due from others - related party	'	-119,809
Prepaid and other current assets	-15,861	1,005
Accounts payable trade	'	190,241
Accrued and deposits payable	31,967	224,810
Accrued liabilities, related party	20,250	202,585
Disposal group held for sale	'	804
Net cash provided by (used in) operating activities	-206,112	77,453
INVESTING ACTIVITIES	'	'
Funds loaned to a non affiliate	-100,000	'
Additions to property and equipment	-251,738	-2,976,228
Additions to other long-term assets	'	-6,208
Proceeds from sale of disposal group held for sale	'	1,600,000
Net cash (used in) investing activities	-351,738	-1,382,436
FINANCING ACTIVITIES	'	'
Sale of common shares	1,274,263	2,621,443
Funds used to repurchase common shares	'	-975,000
Funds from short-term convertible notes, net of repayment	'	1,535,000
Funds from short-term notes, net of repayment	'	22,355
Funds from short-term notes, related party	'	600,000
Distributions to working interest owners - five jab inc.	-240,473	-958,365
Net cash provided by financing activities	1,033,790	2,845,433
NET CHANGE IN CASH	475,940	1,540,450
CASH, Beginning	'	492,729
CASH, Ending	475,940	2,033,179
SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION:	'	'
Issuance of common shares for oil and gas properties	1,400,000	'
Interest paid	'	'
Income taxes paid	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	---------------------------------------------------

	NATURE OF OPERATIONS AND ORGANIZATION

	Three Forks, Inc. (the "Company") was incorporated on March 28, 2012 in the
	State of Colorado. The Company's business plan focuses on the development as an
	independent energy company engaged in the acquisition, exploration, development
	and production of North American conventional oil and gas properties through the
	acquisition of leases and/or royalty interests and developing the properties for
	maximum cash flow.

	On September 7, 2012, the Company acquired working interests between 10.12% and
	10.50% in five (5) producing oil and gas wells along with mineral interests in
	proved undeveloped leaseholds totaling approximately 320 acres located in Weld
	county Colorado valued at $1,477,990 as well as a 76.25% working interest in
	undeveloped leaseholds totaling approximately 120 acres located in Morgan county
	Colorado valued at $14,000 in exchange for the issuance of 700,000 shares of the
	Company's common stock valued at $1,400,000 or $2.00 per share and the
	assumption of certain debt in the amount of $91,990. In addition, the Company
	was required to fund an escrow account in the amount of $55,000 for legal
	services that may occur over a three year period from the date of the
	acquisition and this escrow account at September 30, 2013 and December 31, 2012
	has a balance of $55,122 and $55,081 respectively. Effective January 1, 2013,
	the Company sold its entire interest in these oil and gas properties located in
	Weld county Colorado for $1,600,000 in cash. See Note 4 - Disposal Group Held
	for Sale.

	On December 31, 2012, the Company entered into a Farmout Agreement ("Farmout")
	where the Company had a 100% working interest in 320gross/290net acres of
	mineral interests located in Archer county Texas subject to the Farmout. In
	consideration of Three Forks No 1 LLC, a Colorado limited liability company
	("LLC"), undertaking and paying it's pro rata portion of the costs associated
	with the drilling and completion of 9 wells in Archer county Texas on the
	Farmout property, the Company assigned 87% of the working interest in the
	Farmout to the LLC. Likewise, on January 1, 2013, the Company assigned 3% of the
	working interest in the Farmout to three members of the Board of Directors of
	the Company.

	Effective June 30, 2013 and September 1, 2013, the Company acquired a 37.5% and
	37.5% working interest, respectively or a total of a 75% working interest in
	certain oil and gas properties located in Louisiana and Texas totaling 1,955
	gross acres known as the Five Jab properties in exchange for $3,842,143 in cash
	plus the assumption of liabilities in the amount of $281,962 as part of a
	purchase sale and participation agreement dated February 27, 2013 as well as
	participate in a development program that includes the drilling and completion
	of additional wells.

	The Company's acquisition of the 75% working interest in the Five Jab properties
	was accounted for as an acquisition for accounting purposes.

	INTERIM PRESENTATION

	In the opinion of the management of the Company, the accompanying unaudited
	financial statements include all material adjustments, including normal and
	recurring adjustments, considered necessary to present fairly the financial
	position and operating results of the Company for the period presented. The
	financial statements and notes are presented as permitted by Form 10-Q, and do
	not contain certain information included in the Company's Registration Statement
	on Form 10-12G for the period March 28, 2012 (inception) through December 31,
	2012. It is the Company's opinion that when the interim financial statements are
	read in conjunction with the December 31, 2012 financial statements on Form
	10-12G and its Current Report on Form 10-Q, the disclosures are adequate to make
the information presented not misleading. Interim results are not indicative of
results for a full year or any future period.

The aforementioned Five Jab oil and gas properties that were acquired by the
Company effective June 30, 2013 and September 1, 2013 were determined to be the
oil and gas operations of the Company's predecessor prior to the date the
Company effectively acquired such properties. As a result, all of the
accompanying financial information for the periods presented includes both the
accounts of the Company and the accounts of the Five Jab oil and gas operations.

The Five Jab oil and gas operations are owned separately by various working
interest owners and, therefore are taxed as a disregard entity for income tax
purposes and as such each of the owners report separately their pro rata share
of income, deductions and losses. Therefore, no provision for income taxes is
made in the accompanying financial statements. In addition, the accounts of the
Five Jab oil and gas operations are comprised of revenues and expenses from oil
and gas activity and the related distributions to the working interest owners of
such net cash flow from the oil and gas operations.

CONCENTRATION OF CREDIT RISK

The Company, from time to time during the periods covered by these financial
statements, may have bank balances in excess of its insured limits. Management
has deemed this a normal business risk.

CASH AND CASH EQUIVALENTS

For purposes of the statement of cash flows, the Company considers all cash and
highly liquid investments with initial maturities of three months or less to be
cash equivalents. The Company maintains its cash in institutions insured by the
Federal Deposit Insurance Corporation ("FDIC"). At September 30, 2013, the
Company has $1,783,179 in cash deposits in excess of FDIC insured limits.

ACCOUNTS RECEIVABLE

Accounts receivable are stated at their cost less any allowance for doubtful
accounts. The allowance for doubtful accounts is based on the management's
assessment of the collectability of specific customer accounts and the aging of
the accounts receivable. If there is deterioration in a major customer's
creditworthiness or if actual defaults are higher than the historical
experience, the management's estimates of the recoverability of amounts due to
the Company could be adversely affected. Based on the management's assessment,
there is no reserve recorded at September 30, 2013 and December 31, 2012.

INVENTORIES

The Company's inventories, which consist of in-transit oil, are stated at lower
of cost (using the first-in, first-out method) or market. We recorded
impairments, as needed, to adjust the carrying amount of inventories to the
lower of cost or market.

OIL AND GAS PRODUCING ACTIVITIES

The Company follows the full cost method of accounting for oil and natural gas
operations. Under this method all productive and nonproductive costs incurred in
connection with the acquisition, exploration, and development of oil and natural
gas reserves are capitalized. No gains or losses are recognized upon the sale or
other disposition of oil and natural gas properties except in transactions that
would significantly alter the relationship between capitalized costs and proved
reserves. The costs of unevaluated oil and natural gas properties are excluded
from the amortizable base until the time that either proven reserves are found
or it has been determined that such properties are impaired. As properties
become evaluated, the related costs transfer to proved oil and natural gas
properties using full cost accounting. There were capitalized costs of
$4,338,489 and $0 included in the amortization base at September 30, 2013 and
December 31, 2012, respectively and the Company did not expense any capitalized
costs for the nine months ended September 30, 2013 and for the period March 28,
2012 (inception) through September 30, 2012.

Management capitalizes additions to property and equipment. Expenditures for
repairs and maintenance are charged to expense. Property and equipment are
carried at cost. Adjustment of the asset and the related accumulated
depreciation accounts are made for property and equipment retirements and
disposals, with the resulting gain or loss included in the statement of
operations. The Company has not capitalized any internal costs for the nine
months ended September 30, 2013 and for the period March 28, 2012 (inception)
through September 30, 2012.

In accordance with authoritative guidance on accounting for the impairment or
disposal of long-lived assets, as set forth in Topic 360 of the ASC, the Company
assesses the recoverability of the carrying value of its non-oil and gas
long-lived assets when events occur that indicate an impairment in value may
exist. An impairment loss is indicated if the sum of the expected undiscounted
future net cash flows is less than the carrying amount of the assets. If this
occurs, an impairment loss is recognized for the amount by which the carrying
amount of the assets exceeds the estimated fair value of the assets. No events
occurred during the nine months ended September 30, 2013 and for the period
March 28, 2012 (inception) through September 30, 2012 that would be indicative
of possible impairment.

PROPERTY AND EQUIPMENT

Other property and equipment, such as office furniture and equipment, and
computer hardware and software, are recorded at cost. Costs of renewals and
improvements that substantially extend the useful lives of the assets are
capitalized. Maintenance and repair costs are expensed when incurred.

DEPRECIATION

For financial reporting purposes, depreciation and amortization of other
property and equipment is computed using the straight-line method over the
estimated useful lives of assets at acquisition. For income tax reporting
purposes, depreciation of other equipment is computed using the straight-line
and accelerated methods over the estimated useful lives of assets at
acquisition.

Depreciation and depletion of capitalized acquisition, exploration and
development costs are computed on the units-of-production method by individual
fields on the basis of the total estimated units of proved reserves as the
related proved reserves are produced.

Depreciation, depletion and amortization of oil and gas property and other
property and equipment for the three and nine months ended September 30, 2013 is
$34,676 and $36,645, respectively and $0, respectively for the comparative
periods of 2012.

ASSET RETIREMENT OBLIGATIONS

The Company's asset retirement obligations arise from plugging and abandonment
liabilities for the Company's natural gas and oil wells.

OTHER COMPREHENSIVE (LOSS)

The Company has no material components of other comprehensive loss and
accordingly, net loss is equal to comprehensive loss for the period.

INCOME TAXES

The Company accounts for income taxes under the liability method as prescribed
by ASC authoritative guidance. Deferred tax liabilities and assets are
determined based on the difference between the financial statement and tax bases
of assets and liabilities using enacted rates expected to be in effect during
the year in which the basis difference reverses. The realizability of deferred
tax assets are evaluated annually and a valuation allowance is provided if it is
more likely than not that the deferred tax assets will not give rise to future
benefits in the Company's income tax returns.

The Company assessed the likelihood of utilization of the deferred tax asset, in
light of the recent losses. As a result of this review, the deferred tax asset
of $807,748 has been fully reserved at September 30, 2013. At September 30,
2013, the Company has incurred net operating losses for income tax purposes of
approximately $2,090,000.Such losses may be carried forward and are scheduled to
expire in the year 2032, if not utilized, and may be subject to certain
limitations as provided by the Internal Revenue Code.

The Company has adopted ASC guidance regarding accounting for uncertainty in
income taxes. This guidance clarifies the accounting for income taxes by
prescribing the minimum recognition threshold an income tax position is required
to meet before being recognized in the financial statements and applies to all
income tax positions. Each income tax position is assessed using a two-step
process. A determination is first made as to whether it is more likely than not
that the income tax position will be sustained, based upon technical merits,
upon examination by the taxing authorities. If the income tax position is
expected to meet the more likely than not criteria, the benefit recorded in the
financial statements equals the largest amount that is greater than 50% likely
to be realized upon its ultimate settlement. At September 30, 2013 and December
31, 2012 there were no uncertain tax positions that required accrual.

EARNINGS PER SHARE

Basic earnings per share is calculated by dividing the net loss available to
common shareholders by the weighted-average number of common shares outstanding
during each period. Diluted net loss per common share is calculated by dividing
the net loss by the weighted-average number of common shares outstanding
including the effect of the Company's potentially dilutive securities. The
Company's potentially dilutive securities consist of options, warrants and
convertible promissory notes to purchase the Company's common stock. Potentially
dilutive securities are not included in the weighted average calculation for net
loss per common share since their effect would be anti-dilutive due to the net
loss. The treasury method is used by the Company to measure the dilutive effect
of stock options, warrants and convertible promissory notes. Since the option
price is significantly greater than the current value of the Company's common
stock, management has determined the effective exercise of the dilutive
securities would have no effect on the weighted-average number of common shares
outstanding for the periods presented. Therefore, the basic and diluted weighted
average number of common shares outstanding for net income from continuing
operations is the same for the periods presented. For the three and nine months
ended September 30, 2013 and for the period March 28, 2012 (inception) through
September 30, 2012, the Company had outstanding 5,044,395 and 0, respectively of
potentially dilutive options, warrants and convertible promissory notes.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted
accounting principles in the United States of America requires management to
make estimates and assumptions that affect the reported amount of assets and
liabilities and disclosures of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results could differ from those estimates,
and such differences may be material to the financial statements.

REVENUE RECOGNITION

The Company recognizes revenue from the exploration and production of the
Company's oil and gas properties in the period of production. Management fee
income is recognized in the period where the Company performs the services as
manager of a limited liability company.

SHARE-BASED COMPENSATION

The Company accounts for share-based payment accruals under authoritative
guidance on stock compensation as set forth in the Topics of the ASC. The
guidance requires all share-based payments to employees and non-employees,
including grants of employee and non-employee stock options, to be recognized in
the financial statements based on their fair values.

GOING CONCERN AND MANAGEMENTS' PLANS

As shown in the accompanying financial statements for the period ended September
30, 2013, the Company has reported an accumulated deficit of $2,099,834. At
September 30, 2013, the Company has current assets of $2,469,810, including cash
and cash equivalents of $2,033,179 and current liabilities of $4,564,294 but has
sold its major proved oil and gas property as described in Note 4.

To the extent the Company's operations are not sufficient to fund the Company's
capital and current growth requirements the Company will attempt to raise
capital through the sale of additional shares of stock. At the present time, the
Company cannot provide assurance that it will be able to raise funds through the
further issuance of equity in the Company.

The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern, however, the above conditions raise
substantial doubt about the Company's ability to do so. The financial statements
do not include any adjustment to reflect the possible future effect on the
recoverability and classification of assets or the amounts and classifications
of liabilities that may result should the Company be unable to continue as a
going concern.

OFF-BALANCE SHEET ARRANGEMENTS

As part of its ongoing business, the Company has not participated in
transactions that generate relationships with unconsolidated entities or
financial partnerships, such as entities often referred to as structured finance
or special purpose entities (SPEs), which would have been established for the
purpose of facilitating off-balance sheet arrangements or other contractually
narrow or limited purposes. From its incorporation on March 28, 2012 through
September 30, 2013, the Company has not been involved in any unconsolidated SPE
transactions.

RECLASSIFICATION

Certain amounts in the prior period financial statements have been reclassified
to conform to the current period financial statement presentation. Such
reclassifications had no effect on the Company's net loss.

RECENT ACCOUNTING PRONOUNCEMENTS

The Company has reviewed all recently issued but not yet effective accounting
pronouncements and does not believe the future adoption of any such
pronouncements may be expected to cause a material impact on its financial
condition or results of operations.

SUBSEQUENT EVENTS

The Company evaluates events and transactions after the balance sheet date but
before the financial statements are issued.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 30, 2013
RELATED PARTY TRANSACTIONS [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 2 - RELATED PARTY TRANSACTIONS
	-----------------------------------

	DUE FROM OTHERS - RELATED PARTY

	During the nine months ended September 30, 2013, the Company advanced funds to
	two of its affiliates and at September 30, 2013 the Company is owed $119,809.

	ACCRUED LIABILITIES AND NOTES PAYABLE - RELATED PARTY

	During the nine months ended September 30, 2013, the Company was advanced funds
	from one of its members of the Board of Directors ("Board Member"), who is also
	a member of Tin Cup LLC and at September 30, 2013 the Company owes $209,520. See
	Note 4 - Disposal Group Held for Sale. In addition, at September 30, 2013, the
	Company owes the Board Member $8,065 for accrued revenues from oil and gas
	production. Also, during September 2013, the Company borrowed $300,000 in funds
	from both an officer of the Company and the Board Member and at September 30,
	2013 the Company owes $600,000. See Note 10 - Secured Convertible Promissory
	Notes.

	At December 31, 2012, the Company owed an affiliate of an officer and director
	of the Company a total of $15,000 in fees for services rendered.

	SHARES FOR SERVICES

	During the nine months ended September 30, 2013, a former member and a current
	member of the Board of Directors were issued 200,000 shares of the Company's
	common stock in exchange for services in the amount of $17,600 or at a fair
	value of $0.088 per share.

	In March 2012, the Company issued 5,325,000 shares of its common shares to its
	members of the Board of Directors and officers in exchange for services in the
	amount of $5,325 or at a fair value of $0.001 per share.

	CONSULTING SERVICES

	During the nine months ended September 30, 2013 and for the period March 28,
	2012 (inception) through September 30, 2012, the Company paid two of its
	officers and directors $188,361 and $40,684, respectively in fees as part of
	consulting arrangements approved by the Board of Directors.

	During the nine months ended September 30, 2013, the Company paid an affiliate
	of one of its directors $55,000 in fees as part of a consulting agreement
	approved by the Board of Directors.

	LIMITED LIABILITY COMPANIES

	The Company is the manager of Three Forks No 1 LLC, a Colorado limited liability
	company. See Note 1 - Summary of Significant Accounting Policies "Nature of
	Operations and Organization" and Note 9 - Management Agreement.

	Certain officers and members of the Board of Directors of the Company are
	members of Tin Cup LLC, a Colorado limited liability company and at September
	30, 2013, Tin Cup LLC is owed $250,000. See Note 10 - Secured Convertible
	Promissory Notes.

NOTE_RECEIVABLE

NOTE RECEIVABLE	9 Months Ended
NOTE RECEIVABLE	Sep. 30, 2013
NOTE RECEIVABLE [Abstract]	'
NOTE RECEIVABLE	'
	NOTE 3 - NOTE RECEIVABLE
	------------------------

	In May 2012, the Company loaned Holms Energy Development Corp ("HEDC") $100,000
	which is evidenced by an unsecured promissory note dated May 30, 2012 whereby
	the unpaid principal amount of the promissory note is due and payable on Demand
	at any time on or after March 15, 2013 including any and all unpaid and accrued
	interest at the rate of four percent (4%) per annum of the outstanding
	principal. HEDC may offset the principal amount of the promissory note with any
	amounts due from the Company pursuant to that certain Joint Venture Cooperation
	and Profit Allocation Agreement between the Company and HEDC dated May 1, 2012
	("JV Agreement") as per Note 7. At September 30 2013 and December 31, 2012, the
	Company is owed $100,000 plus accrued interest in the amount of $5,315 and
	$2,356, respectively.

DISPOSAL_GROUP_HELD_FOR_SALE

DISPOSAL GROUP HELD FOR SALE	9 Months Ended
DISPOSAL GROUP HELD FOR SALE	Sep. 30, 2013
DISPOSAL GROUP HELD FOR SALE [Abstract]	'
DISPOSAL GROUP HELD FOR SALE	'
	NOTE 4 - DISPOSAL GROUP HELD FOR SALE
	-------------------------------------

	The Company, as part of an agreement dated September 7, 2012, incurred costs in
	the amount of $1,477,990 in acquiring certain oil and gas mineral interest,
	including five (5) producing wells, located in Weld county Colorado. The Company
	determined that these mineral interests were considered a Disposal Group Held
	for Sale as set forth in Topic 205 of the ASC and therefore, the Company at
	December 31, 2012 recorded the property as a current asset in the amount of
	$1,472,521 [net of $5,658 in amortization] on the balance sheet. Effective
	January 1, 2013, the Company sold these properties for $1,600,000 in cash and
	recorded in the statement of operations for the nine months ended September 30,
	2013 a gain on the sale of assets in the amount of $127,478 under discontinued
	operations.

	In addition and as part of the sale, the purchasers of the property deposited
	with the Company $400,000 to be used towards the AFE costs in the drilling of
	future oil and gas wells. At September 30, 2013, the Company owes $400,000
	including $209,520 due to a member of its Board of Directors.

SIGNIFICANT_ACQUISITIONS

SIGNIFICANT ACQUISITIONS	9 Months Ended
SIGNIFICANT ACQUISITIONS	Sep. 30, 2013
SIGNIFICANT ACQUISITIONS [Abstract]	'
SIGNIFICANT ACQUISITIONS	'
	NOTE 5 - SIGNIFICANT ACQUISITIONS
	---------------------------------

	Effective June 30, 2013 and September 1, 2013, the Company acquired a 37.5% and
	37.5% working interest, respectively or a total of a 75% working interest in
	certain oil and gas properties located in Louisiana and Texas totaling
	approximately 1955 gross acres in exchange for $3,842,143 in cash plus the
	assumption of liabilities in the amount of $281,962 as part of a purchase sale
	and participation agreement dated February 27, 2013 as well as participate in a
	development program that includes the drilling and completion of additional
	wells. The acquisition was accounted for using the acquisition method in
	accordance with guidance provided in ASC Topic 805.

	The following table presents the allocation of the purchase price to the assets
	acquired and liabilities assumed, based on their fair values at June 30, 2013
	and September 1, 2013, respectively:

	Purchase price:

	Oil and gas properties $4,124,105

	Liabilities assumed $ 281,962
	----------

	Total consideration $3,842,143
	====p>

	Subsequent to the effective dates of June 30, 2013 and September 1, 2013, the
	Company reported in the Statement of Operations for the three and nine months
	ended September 30, 2013 revenues from oil and gas sales in the amount of
	$234,058 and $234,058, respectively related to the Five Jab oil and gas
	properties.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
DISCONTINUED OPERATIONS	Sep. 30, 2013
DISCONTINUED OPERATIONS [Abstract]	'
DISCONTINUED OPERATIONS	'
	NOTE 6 - DISCONTINUED OPERATIONS
	--------------------------------

	In January 2013, the Company sold all of its proved oil and gas properties
	located in Weld County CO for $1,600,000 in cash and for the nine months ended
	September 30, 2013, the Company recorded a gain of $127,478 on the sale of the
	disposal group held for sale less the basis in the properties of $1,472,522 (net
	of $5,469 of depreciation, depletion and amortization). The properties consisted
	solely of oil and gas properties that were acquired in 2012.

	The financial results of the disposal group held for sale have been classified
	as discontinued operations in our statements of operations for all period
	presented. There were no operations for the period of March 28, 2012 (inception)
	through September 30, 2012.

	The assets and liabilities related to the Company discontinued oil and gas
	operations are reflected as assets and liabilities of discontinued operations in
	the accompany balance sheets. There are no assets and liabilities at September
	30, 2013. The following summarizes the components of these assets and
	liabilities at December 31, 2012:

	Assets
	Current Assets
	Disposal group held for sale:
	Accounts receivable $ 8,550
	Oil and gas properties, net 1,472,521
	--------------------
	Total current assets of
	discontinued operations $ 1,481,071
	=======/p>

	Liabilities
	Current Liabilities
	Disposal group held for sale:
	Accounts payable $ 7,745
	--------------------
	Total current liabilities of
	discontinued operations $ 7,745
	=======/p>

INFORMATION_ON_BUSINESS_SEGMEN

INFORMATION ON BUSINESS SEGMENTS	9 Months Ended
INFORMATION ON BUSINESS SEGMENTS	Sep. 30, 2013
INFORMATION ON BUSINESS SEGMENTS [Abstract]	'
INFORMATION ON BUSINESS SEGMENTS	'
	NOTE 7 - INFORMATION ON BUSINESS SEGMENTS
	-----------------------------------------

	The Company has only one business operating segment - exploration and
	production. However, the Company does receive a management fee as manager of a
	limited liability company as per its operating agreement but per ASC Topic 280
	the Company has not reported this activity as a separate operating segment since
	the Company does not regularly review the operating results, allocate specific
	resources or maintain certain financial information regarding this activity. See
	Note 9 - Management Agreement.

JOINT_VENTURE_AGREEMENT

JOINT VENTURE AGREEMENT	9 Months Ended
JOINT VENTURE AGREEMENT	Sep. 30, 2013
JOINT VENTURE AGREEMENT [Abstract]	'
JOINT VENTURE AGREEMENT	'
	NOTE 8 - JOINT VENTURE AGREEMENT
	--------------------------------

	At September 30, 2013 and December 31, 2012, the Company paid $163,456 and
	$134,000, respectively in costs to drill an oil and gas well in Archer County
	Texas as part of the JV Agreement entered into between the Company and HEDC. The
	Company will receive revenues and be responsible for 49% of the costs to drill
	and complete each well the Company elects to participate in on such leases that
	are part of the JV Agreement.

MANAGEMENT_AGREEMENT

MANAGEMENT AGREEMENT	9 Months Ended
MANAGEMENT AGREEMENT	Sep. 30, 2013
MANAGEMENT AGREEMENT [Abstract]	'
MANAGEMENT AGREEMENT	'
	NOTE 9 - MANAGEMENT AGREEMENT
	-----------------------------

	The Company is the manager of a tax partnership known as Three Forks No 1 LLC
	and as manager receives a fee in the amount of $16,000 per month. The Company
	owns no interest in the LLC but does own a 10% working interest in the Farmout
	property as more fully described in Note 1. For the three and nine months ended
	September 30, 2013, the Company reported management fee income in the amount of
	$48,000 and $112,000, respectively.

SECURED_CONVERTIBLE_PROMISSORY

SECURED CONVERTIBLE PROMISSORY NOTES	9 Months Ended
SECURED CONVERTIBLE PROMISSORY NOTES	Sep. 30, 2013
SECURED CONVERTIBLE PROMISSORY NOTES [Abstract]	'
SECURED CONVERTIBLE PROMISSORY NOTES	'
	NOTE 10 - SECURED CONVERTIBLE PROMISSORY NOTES
	----------------------------------------------

	In September 2013, the Company commenced a private offering of $2,000,000 of
	Secured Convertible Promissory Notes in order to complete the purchase of the
	remaining 37.5% working interest in the Five Jab properties discussed in Note 1.
	These promissory notes are due in September 2014 including interest at the rate
	of 10% per annum on the unpaid balance and are convertible into shares of the
	Company's common stock in whole or in part at a conversion price of $3.60 per
	share 6 months after issuance of the promissory note. One of the subscribers of
	this offering was Tincup Oil and Gas, LLC, which subscribed for a $250,000
	promissory note. A director of the Company is a member of Tincup Oil and Gas,
	LLC. The offering was not fully subscribed for and therefore at September 30,
	2013 the Company owes $1,535,000.

	Separately and apart, an officer and director of the Company, agreed to make up
	the difference of the Secured Convertible Promissory Note Offering towards the
	purchase price of the Five Jab properties in a separate transaction under
	separate terms with the Company. The officer and director in exchange for
	secured convertible promissory notes provided the Company each with $300,000 in
	cash or a total of $600,000. Their promissory notes have a due date of January
	2, 2014 including interest at the rate of 10% per annum on the unpaid balance
	and allow for the conversion of the promissory notes at issuance into common
	stock in whole or in part at a conversion price of $3.60 per share. The
	promissory notes provide that in addition to having a due date of January 2,
	2014, that at the due date they will each receive a $7,500 payment of fees. If
	the promissory notes are not paid at January 2, 2014, the Company is required to
	take immediate steps to liquidate the Five Jab properties and the due date will
	be extended to April 2, 2014. At January 2, 2014, the Company failed to make
	payment on the notes. At that time Mr. Pollard and Ranew each entered into an
	Extension and Waiver with the Company. The Extension and Waiver provides that
	the payment date shall be extended to April 2, 2014 and both holders have waived
	the provision that steps be taken to liquidate the secured property at this
	time. If payment is made at April 2, 2014, they will each receive a $15,000
	payment of fees. If the property has not been liquidated at such date, they will
	each be assigned an 11.25% working interest in the Five Jab properties. At
	September 30, 2013, the Company owes $600,000 including accrued interest in the
	amount of $4,822.

	The Secured Convertible Promissory Notes are secured by the Company's 75% of the
	right, title and working interest in 1,955 gross leasehold acres known as the
	Five Jab properties including 13 producing wells, 9 service wells and 14
	additional wellbores located in the States of Texas and Louisiana.

SHARE_BASED_COMPENSATION

SHARE BASED COMPENSATION	9 Months Ended
SHARE BASED COMPENSATION	Sep. 30, 2013
SHARE BASED COMPENSATION [Abstract]	'
SHARE BASED COMPENSATION	'
	NOTE 11 - SHARE BASED COMPENSATION
	----------------------------------

	PRESIDENT AND CHIEF OPERATING OFFICER

	The Company granted to its President and Chief Operating Officer effective March
	5, 2013, cashless options to acquire up to 2,250,000 shares of the Company's
	common stock at an option price of $0.10 per share for a period of three years
	from the effective date of the grant. The options vest over the term of the
	option. These options are not part of the Company's 2013 Stock Incentive Plan.

	2013 STOCK INCENTIVE PLAN

	Effective May 1, 2013, the Company's 2013 Stock Option and Award Plan (the "2013
	Stock Incentive Plan") was approved by its Board of Directors and shareholders.
	Under the 2013 Stock Incentive Plan, the Board of Directors may grant options or
	purchase rights to purchase common stock to officers, employees, and other
	persons who provide services to the Company or any related company. The
	participants to whom awards are granted, the type of awards granted, the number
	of shares covered for each award, and the purchase price, conditions and other
	terms of each award are determined by the Board of Directors, except that the
	term of the options shall not exceed 10 years. A total of 5 million shares of
	the Company's common stock are subject to the 2013 Stock Incentive Plan. The
	shares issued for the 2013 Stock Incentive Plan may be either treasury or
	authorized and unissued shares. During the nine months ended September 30, 2013,
	the Company granted options and warrants in the amount of 4,450,000 under the
	2013 Stock Incentive Plan including cashless options to a Board member to
	acquire up to 100,000 shares of the Company's common stock at an option price of
	$.10 per share for a period of three years from the effective date of the grant.
	The options vest immediately upon the date of grant.

	The following table summarizes information related to the outstanding and vested
	options at September 30, 2013:


	Outstanding and
	Vested Options
	and Warrants
	-------------------
	Number of shares
	Non-Qualified stock options 2,250,000
	2013 Stock Incentive Plan 2,200,000

	Weighted average remaining contractual life
	Non-Qualified stock options 2.4 years
	2013 Stock Incentive Plan 1.2 years

	Weighted average exercise price
	Non-Qualified stock options $0.10
	2013 Stock Incentive Plan $0.47

	Number of shares vested
	Non-Qualified stock options 429,452
	2013 Stock Incentive Plan 1,062,466

	Aggregate intrinsic value
	Non-Qualified stock options $0
	2013 Stock Incentive Plan $0

	The aggregate intrinsic value of outstanding securities is the amount by which
	the fair value of underlying (common) shares exceeds the exercise price of the
	options issued and outstanding.

No options or warrants were exercised or expired during the nine months ended
September 30, 2013. The Company did not realize any income tax expense related
to the exercise of stock options or warrants for the nine months ended September
30, 2013.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
STOCKHOLDERS' EQUITY	Sep. 30, 2013
STOCKHOLDERS' EQUITY [Abstract]	'
STOCKHOLDERS' EQUITY	'
	NOTE 12 - STOCKHOLDERS' EQUITY
	------------------------------

	PREFERRED SHARES

	The Company is authorized to issue 25,000,000 shares of no par value preferred
	stock. At September 30, 2013, the Company has no preferred shares issued and
	outstanding.

	COMMON SHARES

	The Company is authorized to issue 100,000,000 shares of $0.001 voting common
	stock. At September 30, 2013 and December 31, 2012 there were a total of
	11,503,477 and 10,799,339 shares of common stock issued and outstanding,
	respectively.

	During the nine months ended September 30, 2013, as described in Note 2, the
	Company issued 200,000 shares of its common stock in exchange for services
	valued at $17,600. The Company also issued 270,000 shares of its common stock to
	a consultant for services valued at $23,760. In addition, and as part of a
	private placement, the Company issued 859,138 shares of its common stock for
	cash in the amount of $2,621,443 as more fully described in the financial
	statements.

	During the period March 28, 2012 (inception) through September 30, 2012, as
	described in Note 1, the Company issued 700,000 shares of its common stock in
	exchange for oil and gas properties and, as described in Note 2, the Company
	issued 5,325,000 shares of its common stock to its officers and directors for
	services valued at $5,325. The Company also issued 195,000 and 285,000 shares of
	its common stock to consultants for services valued at $195 and $2,850
	respectively and, in addition, as part of a private placement, sold 3,799,575
	shares of its common stock for cash in the amount of $1,274,263 at $.01 per
	share to $1 per share.

	REPURCHASE AND RETIREMENT OF COMMON SHARES

	Effective March 26, 2013, the Company entered into a settlement agreement with
	one of its employees to settle certain claims against the employee valued at
	$22,000 in exchange for the employee returning to the Company 250,000 shares of
	their common stock. In addition, the Company agreed to repurchase from the
	employee 100,000 shares of their common stock in exchange for $150,000 in cash.

	Also, effective March 26, 2013, the Company entered into a repurchase agreement
	with two of its shareholders to acquire their 275,000 shares of common stock in
	exchange for cash of $825,000.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Sep. 30, 2013
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 13 - COMMITMENTS AND CONTINGENCIES
	---------------------------------------

	OPERATING LEASE

	The Company leases office space in Broomfield Colorado under a cancelable
	operating lease that allows either party the option to terminate the lease. Rent
	expense for the nine months ended September 30, 2013 and for the period March
	28, 2012 (inception) through September 30, 2012 was $52,239 and $26,323,
	respectively. The following table summarizes the future minimum payments under
	this cancelable lease at September 30, 2013:

	2013 $ 22,781
	2014 $ 91,738
	2015 $ 54,416
	2016 $ -
	2017 $ -
	---------
	$ 168,935

	CONSULTING AGREEMENTS

	The Company has a twelve month agreement effective December 1, 2012 with a
	consultant to perform services at the rate of $15,000 per month. Effective
	November 1, 2013, the Company entered into a new twelve month agreement with the
	consultant to perform services at the rate of $200,000 per year under certain
	terms and conditions that includes the granting of non-qualified stock options
	to acquire up to 1,000,000 shares of the Company's common stock at an option
	price of $.010 per share over a three year period from the effective date of the
	grant. The options vest over the term of the option.

	The Company entered into a four year agreement effective September 1, 2012 and
	amended March 1, 2013 with its interim Chief Executive Officer to perform
	services at the base rate of $180,000 per year under certain terms and
	conditions.

	EMPLOYMENT AGREEMENTS

	The Company entered into a two year employment agreement effective September 1,
	2012 and amended in February 2013 with its Executive Vice President of Finance
	that includes compensation of a base salary of $192,000 per year under certain
	terms and conditions.

	The Company entered into a three year employment agreement effective March 1,
	2013 with its President and Chief Operating Officer that includes compensation
	of a base salary of $210,000 per year under certain terms and conditions
	including non-qualified stock options as described in Note 11.

RESTATEMENT_OF_OPERATIONS

RESTATEMENT OF OPERATIONS	9 Months Ended
RESTATEMENT OF OPERATIONS	Sep. 30, 2013
RESTATEMENT OF OPERATIONS [Abstract]	'
RESTATEMENT OF OPERATIONS	'
	NOTE 14 - RESTATEMENT OF OPERATIONS
	-----------------------------------

	Subsequent to the issuance of the Company's unaudited financial statements for
	the quarter ended September 30, 2013 and as a result of review by the Securities
	and Exchange Commission (SEC) staff in connection with the Company's
	Registration on Form 10-12G and its Registration Statement on Form S-1, the
	Company determined that it would restate its financial statements for the
	quarter ended September 30, 2013.

	The aforementioned Five Jab oil and gas properties that were acquired by the
	Company effective June 30, 2013 and September 1, 2013 were determined to be the
	oil and gas operations of the Company's predecessor prior to the date the
	Company effectively acquired such properties. As a result, it was determined
	that the unaudited financial statements at September 30, 2013 and the periods
	presented should include not only the accounts of the Company but also the
	accounts of the Five Jab oil and gas operations.

	The Five Jab oil and gas operations are owned separately by various working
	interest owners and, therefore are taxed as a disregard entity for income tax
	purposes and as such each of the owners report separately their pro rata share
	of income, deductions and losses. Therefore, no provision for income taxes is
	made in the accompanying financial statements. In addition, the accounts of the

	Five Jab oil and gas operations are comprised of revenues and expenses from oil
	and gas activity and the related distributions to the working interest owners of
	such net cash flow from the oil and gas operations.

	As a result, the Company as reported below in detail, has understated its oil
	and gas sales and its operating expenses and overstated its net loss for the
	three months ended September 30, 2013 and 2012 and for the nine months ended
	September 30, 2013 and for the period March 28, 2012 (inception) through
	September 30, 2012. There was no effect at September 30, 2013 on the Company's
	total assets, total liabilities, deficit or equity.


	SEPTEMBER 30, 2013 DETAILS OF RESTATED FINANCIAL STATEMENTS
	--------------------------------------------------------------------------------------------------

	At September 30, 2013
	--------------------------------------------------------------------------------------------------
	Previously
	Restated Reported Change
	-------------------------------------------------------
	Total assets 7,655,915 7,655,915 -
	Total liabilities 4,848,206 4,848,206 -
	Accumulated deficit 2,099,834 2,099,834 -
	Total equity 2,807,709 2,807,709 -

	For The Three Months Ended September 30,
	--------------------------------------------------------------------------------------------------
	2013
	-------------------------------------------
	Total revenues 629,762 282,058 347,704
	Total operating expenses 841,518 666,909 174,609
	Net loss (215,592) (388,687) 173,095
	Net loss per common share
	basic and diluted (0.02) (0.03) 0.01

	2012
	-------------------------------------------
	Total revenues 102,537 - 102,537
	Total operating expenses 386,061 220,063 165,998
Net loss (283,524) (220,063) (63,461)
Net loss per common share
basic and diluted (0.04) (0.03) (0.01)

For the Nine Months Ended September 30, 2013
--------------------------------------------------------------------------------------------------
Total revenues 2,010,134 346,058 1,664,076
Total operating expenses 2,399,051 1,612,260 786,791
Net loss from continuing
operations (368,740) (1,246,025) 877,285
Income from discontinued
operations 127,478 127,478 -
Net loss (241,262) (1,118,547) 877,285
Net loss from continuing
operations (0.03) (0.11) 0.08
Net loss per common share
basic and diluted (0.02) (0.10) 0.08

Net cash provided by (used in)
operating activities 77,453 (880,912) 958,365
Net cash (used in) investing
activities (1,382,436) (1,382,436) -
Net cash provided by
financing activities 2,845,433 3,803,798 (958,365)

For the Period March 28, 2012 (inception) through September 30, 2012
--------------------------------------------------------------------------------------------------
Total revenues 524,881 - 524,881
Total operating expenses 825,679 491,311 334,368
Net loss from continuing
operations (300,798) (491,311) 190,513
Net loss from discontinued
operations - - -
Net loss (300,798) (491,311) 190,513
Net loss per common share
basic and diluted (0.04) (0.06) 0.02

Net cash (used in) operating
activities (206,112) (446,585) 240,473
Net cash (used in) investing
activities (351,738) (351,738) -
Net cash provided by
financing activities 1,033,790 1,274,263 (240,473)

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	Sep. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
INTERIM PRESENTATION	'
	INTERIM PRESENTATION

	In the opinion of the management of the Company, the accompanying unaudited
	financial statements include all material adjustments, including normal and
	recurring adjustments, considered necessary to present fairly the financial
	position and operating results of the Company for the period presented. The
	financial statements and notes are presented as permitted by Form 10-Q, and do
	not contain certain information included in the Company's Registration Statement
	on Form 10-12G for the period March 28, 2012 (inception) through December 31,
	2012. It is the Company's opinion that when the interim financial statements are
	read in conjunction with the December 31, 2012 financial statements on Form
	10-12G and its Current Report on Form 10-Q, the disclosures are adequate to make
	the information presented not misleading. Interim results are not indicative of
	results for a full year or any future period.

	The aforementioned Five Jab oil and gas properties that were acquired by the
	Company effective June 30, 2013 and September 1, 2013 were determined to be the
	oil and gas operations of the Company's predecessor prior to the date the
	Company effectively acquired such properties. As a result, all of the
	accompanying financial information for the periods presented includes both the
	accounts of the Company and the accounts of the Five Jab oil and gas operations.

	The Five Jab oil and gas operations are owned separately by various working
	interest owners and, therefore are taxed as a disregard entity for income tax
	purposes and as such each of the owners report separately their pro rata share
	of income, deductions and losses. Therefore, no provision for income taxes is
	made in the accompanying financial statements. In addition, the accounts of the
	Five Jab oil and gas operations are comprised of revenues and expenses from oil
	and gas activity and the related distributions to the working interest owners of
	such net cash flow from the oil and gas operations.

CONCENTRATION OF CREDIT RISK	'
	CONCENTRATION OF CREDIT RISK

	The Company, from time to time during the periods covered by these financial
	statements, may have bank balances in excess of its insured limits. Management
	has deemed this a normal business risk.

CASH AND CASH EQUIVALENTS	'
	CASH AND CASH EQUIVALENTS

	For purposes of the statement of cash flows, the Company considers all cash and
	highly liquid investments with initial maturities of three months or less to be
	cash equivalents. The Company maintains its cash in institutions insured by the
	Federal Deposit Insurance Corporation ("FDIC"). At September 30, 2013, the
	Company has $1,783,179 in cash deposits in excess of FDIC insured limits.

ACCOUNTS RECEIVABLE	'
	ACCOUNTS RECEIVABLE

	Accounts receivable are stated at their cost less any allowance for doubtful
	accounts. The allowance for doubtful accounts is based on the management's
	assessment of the collectability of specific customer accounts and the aging of
	the accounts receivable. If there is deterioration in a major customer's
	creditworthiness or if actual defaults are higher than the historical
	experience, the management's estimates of the recoverability of amounts due to
	the Company could be adversely affected. Based on the management's assessment,
	there is no reserve recorded at September 30, 2013 and December 31, 2012.

INVENTORIES	'
	INVENTORIES

	The Company's inventories, which consist of in-transit oil, are stated at lower
	of cost (using the first-in, first-out method) or market. We recorded
	impairments, as needed, to adjust the carrying amount of inventories to the
	lower of cost or market.

OIL AND GAS PRODUCING ACTIVITIES	'
	OIL AND GAS PRODUCING ACTIVITIES

	The Company follows the full cost method of accounting for oil and natural gas
	operations. Under this method all productive and nonproductive costs incurred in
	connection with the acquisition, exploration, and development of oil and natural
	gas reserves are capitalized. No gains or losses are recognized upon the sale or
	other disposition of oil and natural gas properties except in transactions that
	would significantly alter the relationship between capitalized costs and proved
	reserves. The costs of unevaluated oil and natural gas properties are excluded
	from the amortizable base until the time that either proven reserves are found
	or it has been determined that such properties are impaired. As properties
	become evaluated, the related costs transfer to proved oil and natural gas
	properties using full cost accounting. There were capitalized costs of
	$4,338,489 and $0 included in the amortization base at September 30, 2013 and
	December 31, 2012, respectively and the Company did not expense any capitalized
	costs for the nine months ended September 30, 2013 and for the period March 28,
	2012 (inception) through September 30, 2012.

	Management capitalizes additions to property and equipment. Expenditures for
	repairs and maintenance are charged to expense. Property and equipment are
	carried at cost. Adjustment of the asset and the related accumulated
	depreciation accounts are made for property and equipment retirements and
	disposals, with the resulting gain or loss included in the statement of
	operations. The Company has not capitalized any internal costs for the nine
	months ended September 30, 2013 and for the period March 28, 2012 (inception)
	through September 30, 2012.

	In accordance with authoritative guidance on accounting for the impairment or
	disposal of long-lived assets, as set forth in Topic 360 of the ASC, the Company
	assesses the recoverability of the carrying value of its non-oil and gas
	long-lived assets when events occur that indicate an impairment in value may
	exist. An impairment loss is indicated if the sum of the expected undiscounted
	future net cash flows is less than the carrying amount of the assets. If this
	occurs, an impairment loss is recognized for the amount by which the carrying
	amount of the assets exceeds the estimated fair value of the assets. No events
	occurred during the nine months ended September 30, 2013 and for the period
	March 28, 2012 (inception) through September 30, 2012 that would be indicative
	of possible impairment.

PROPERTY AND EQUIPMENT	'
	PROPERTY AND EQUIPMENT

	Other property and equipment, such as office furniture and equipment, and
	computer hardware and software, are recorded at cost. Costs of renewals and
	improvements that substantially extend the useful lives of the assets are
	capitalized. Maintenance and repair costs are expensed when incurred.

DEPRECIATION	'
	DEPRECIATION

	For financial reporting purposes, depreciation and amortization of other
	property and equipment is computed using the straight-line method over the
	estimated useful lives of assets at acquisition. For income tax reporting
	purposes, depreciation of other equipment is computed using the straight-line
	and accelerated methods over the estimated useful lives of assets at
	acquisition.

	Depreciation and depletion of capitalized acquisition, exploration and
	development costs are computed on the units-of-production method by individual
	fields on the basis of the total estimated units of proved reserves as the
	related proved reserves are produced.

	Depreciation, depletion and amortization of oil and gas property and other
	property and equipment for the three and nine months ended September 30, 2013 is
	$34,676 and $36,645, respectively and $0, respectively for the comparative
	periods of 2012.
ASSET RETIREMENT OBLIGATIONS	'
	ASSET RETIREMENT OBLIGATIONS

	The Company's asset retirement obligations arise from plugging and abandonment
	liabilities for the Company's natural gas and oil wells.

OTHER COMPREHENSIVE (LOSS)	'
	OTHER COMPREHENSIVE (LOSS)

	The Company has no material components of other comprehensive loss and
	accordingly, net loss is equal to comprehensive loss for the period.

INCOME TAXES	'
	INCOME TAXES

	The Company accounts for income taxes under the liability method as prescribed
	by ASC authoritative guidance. Deferred tax liabilities and assets are
	determined based on the difference between the financial statement and tax bases
	of assets and liabilities using enacted rates expected to be in effect during
	the year in which the basis difference reverses. The realizability of deferred
	tax assets are evaluated annually and a valuation allowance is provided if it is
	more likely than not that the deferred tax assets will not give rise to future
	benefits in the Company's income tax returns.

	The Company assessed the likelihood of utilization of the deferred tax asset, in
	light of the recent losses. As a result of this review, the deferred tax asset
	of $807,748 has been fully reserved at September 30, 2013. At September 30,
	2013, the Company has incurred net operating losses for income tax purposes of
	approximately $2,090,000.Such losses may be carried forward and are scheduled to
	expire in the year 2032, if not utilized, and may be subject to certain
	limitations as provided by the Internal Revenue Code.

	The Company has adopted ASC guidance regarding accounting for uncertainty in
	income taxes. This guidance clarifies the accounting for income taxes by
	prescribing the minimum recognition threshold an income tax position is required
	to meet before being recognized in the financial statements and applies to all
	income tax positions. Each income tax position is assessed using a two-step
	process. A determination is first made as to whether it is more likely than not
	that the income tax position will be sustained, based upon technical merits,
	upon examination by the taxing authorities. If the income tax position is
	expected to meet the more likely than not criteria, the benefit recorded in the
	financial statements equals the largest amount that is greater than 50% likely
	to be realized upon its ultimate settlement. At September 30, 2013 and December
	31, 2012 there were no uncertain tax positions that required accrual.

EARNINGS PER SHARE	'
	EARNINGS PER SHARE

	Basic earnings per share is calculated by dividing the net loss available to
	common shareholders by the weighted-average number of common shares outstanding
	during each period. Diluted net loss per common share is calculated by dividing
	the net loss by the weighted-average number of common shares outstanding
	including the effect of the Company's potentially dilutive securities. The
	Company's potentially dilutive securities consist of options, warrants and
	convertible promissory notes to purchase the Company's common stock. Potentially
	dilutive securities are not included in the weighted average calculation for net
	loss per common share since their effect would be anti-dilutive due to the net
	loss. The treasury method is used by the Company to measure the dilutive effect
	of stock options, warrants and convertible promissory notes. Since the option
	price is significantly greater than the current value of the Company's common
	stock, management has determined the effective exercise of the dilutive
	securities would have no effect on the weighted-average number of common shares
	outstanding for the periods presented. Therefore, the basic and diluted weighted
	average number of common shares outstanding for net income from continuing
	operations is the same for the periods presented. For the three and nine months
	ended September 30, 2013 and for the period March 28, 2012 (inception) through
	September 30, 2012, the Company had outstanding 5,044,395 and 0, respectively of
	potentially dilutive options, warrants and convertible promissory notes.

USE OF ESTIMATES	'
	USE OF ESTIMATES

	The preparation of financial statements in conformity with generally accepted
	accounting principles in the United States of America requires management to
	make estimates and assumptions that affect the reported amount of assets and
	liabilities and disclosures of contingent assets and liabilities at the date of
	the financial statements and the reported amounts of revenues and expenses
	during the reporting period. Actual results could differ from those estimates,
	and such differences may be material to the financial statements.

REVENUE RECOGNITION	'
	REVENUE RECOGNITION

	The Company recognizes revenue from the exploration and production of the
	Company's oil and gas properties in the period of production. Management fee
	income is recognized in the period where the Company performs the services as
	manager of a limited liability company.

SHARE-BASED COMPENSATION	'
	SHARE-BASED COMPENSATION

	The Company accounts for share-based payment accruals under authoritative
	guidance on stock compensation as set forth in the Topics of the ASC. The
	guidance requires all share-based payments to employees and non-employees,
	including grants of employee and non-employee stock options, to be recognized in
	the financial statements based on their fair values.

GOING CONCERN AND MANAGEMENTS' PLANS	'
	GOING CONCERN AND MANAGEMENTS' PLANS

	As shown in the accompanying financial statements for the period ended September
	30, 2013, the Company has reported an accumulated deficit of $2,099,834. At
	September 30, 2013, the Company has current assets of $2,469,810, including cash
	and cash equivalents of $2,033,179 and current liabilities of $4,564,294 but has
	sold its major proved oil and gas property as described in Note 4.

	To the extent the Company's operations are not sufficient to fund the Company's
	capital and current growth requirements the Company will attempt to raise
	capital through the sale of additional shares of stock. At the present time, the
	Company cannot provide assurance that it will be able to raise funds through the
	further issuance of equity in the Company.

	The accompanying financial statements have been prepared assuming that the
	Company will continue as a going concern, however, the above conditions raise
	substantial doubt about the Company's ability to do so. The financial statements
	do not include any adjustment to reflect the possible future effect on the
	recoverability and classification of assets or the amounts and classifications
	of liabilities that may result should the Company be unable to continue as a
	going concern.

OFF-BALANCE SHEET ARRANGEMENTS	'
	OFF-BALANCE SHEET ARRANGEMENTS

	As part of its ongoing business, the Company has not participated in
	transactions that generate relationships with unconsolidated entities or
	financial partnerships, such as entities often referred to as structured finance
	or special purpose entities (SPEs), which would have been established for the
	purpose of facilitating off-balance sheet arrangements or other contractually
	narrow or limited purposes. From its incorporation on March 28, 2012 through
	September 30, 2013, the Company has not been involved in any unconsolidated SPE
	transactions.
RECLASSIFICATION	'
	RECLASSIFICATION

	Certain amounts in the prior period financial statements have been reclassified
	to conform to the current period financial statement presentation. Such
	reclassifications had no effect on the Company's net loss.

RECENT ACCOUNTING PRONOUNCEMENTS	'
	RECENT ACCOUNTING PRONOUNCEMENTS

	The Company has reviewed all recently issued but not yet effective accounting
	pronouncements and does not believe the future adoption of any such
	pronouncements may be expected to cause a material impact on its financial
	condition or results of operations.

SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS

	The Company evaluates events and transactions after the balance sheet date but
	before the financial statements are issued.

SIGNIFICANT_ACQUISITIONS_Table

SIGNIFICANT ACQUISITIONS (Tables)	9 Months Ended
SIGNIFICANT ACQUISITIONS (Tables)	Sep. 30, 2013
SIGNIFICANT ACQUISITIONS [Abstract]	'
Summary of Allocation of Assets Acquired and Liablities Assumed in Acquisition	'
	The following table presents the allocation of the purchase price to the assets
	acquired and liabilities assumed, based on their fair values at June 30, 2013
	and September 1, 2013, respectively:

	Purchase price:

	Oil and gas properties $4,124,105

	Liabilities assumed $ 281,962
	----------

	Total consideration $3,842,143
	====p>

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
DISCONTINUED OPERATIONS (Tables)	Sep. 30, 2013
DISCONTINUED OPERATIONS [Abstract]	'
Schedule of Components of Assets and Liabilities for Discontinued Operations	'

	Assets
	Current Assets
	Disposal group held for sale:
	Accounts receivable $ 8,550
	Oil and gas properties, net 1,472,521
	--------------------
	Total current assets of
	discontinued operations $ 1,481,071
	=======/p>

	Liabilities
	Current Liabilities
	Disposal group held for sale:
	Accounts payable $ 7,745
	--------------------
	Total current liabilities of
	discontinued operations $ 7,745
	=======/p>

SHARE_BASED_COMPENSATION_Table

SHARE BASED COMPENSATION (Tables)	9 Months Ended
SHARE BASED COMPENSATION (Tables)	Sep. 30, 2013
SHARE BASED COMPENSATION [Abstract]	'
Schedule of Outstanding and Vested Stock Options	'
	The following table summarizes information related to the outstanding and vested
	options at September 30, 2013:


	Outstanding and
	Vested Options
	and Warrants
	-------------------
	Number of shares
	Non-Qualified stock options 2,250,000
	2013 Stock Incentive Plan 2,200,000

	Weighted average remaining contractual life
	Non-Qualified stock options 2.4 years
	2013 Stock Incentive Plan 1.2 years

	Weighted average exercise price
	Non-Qualified stock options $0.10
	2013 Stock Incentive Plan $0.47

	Number of shares vested
	Non-Qualified stock options 429,452
	2013 Stock Incentive Plan 1,062,466

	Aggregate intrinsic value
	Non-Qualified stock options $0
	2013 Stock Incentive Plan $0

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Sep. 30, 2013
COMMITMENTS AND CONTINGENCIES [Abstract]	'
Schedule Of Future Minimum Payments Under Non-cancelable Operating Lease Agreements	'

	2013 $ 22,781
	2014 $ 91,738
	2015 $ 54,416
	2016 $ -
	2017 $ -
	---------
	$ 168,935

RESTATEMENT_OF_OPERATIONS_Tabl

RESTATEMENT OF OPERATIONS (Tables)	9 Months Ended
RESTATEMENT OF OPERATIONS (Tables)	Sep. 30, 2013
RESTATEMENT OF OPERATIONS [Abstract]	'
Details of Restated Financial Statements	'


	SEPTEMBER 30, 2013 DETAILS OF RESTATED FINANCIAL STATEMENTS
	--------------------------------------------------------------------------------------------------

	At September 30, 2013
	--------------------------------------------------------------------------------------------------
	Previously
	Restated Reported Change
	-------------------------------------------------------
	Total assets 7,655,915 7,655,915 -
	Total liabilities 4,848,206 4,848,206 -
	Accumulated deficit 2,099,834 2,099,834 -
	Total equity 2,807,709 2,807,709 -

	For The Three Months Ended September 30,
	--------------------------------------------------------------------------------------------------
	2013
	-------------------------------------------
	Total revenues 629,762 282,058 347,704
	Total operating expenses 841,518 666,909 174,609
	Net loss (215,592) (388,687) 173,095
	Net loss per common share
	basic and diluted (0.02) (0.03) 0.01

	2012
	-------------------------------------------
	Total revenues 102,537 - 102,537
	Total operating expenses 386,061 220,063 165,998
	Net loss (283,524) (220,063) (63,461)
	Net loss per common share
	basic and diluted (0.04) (0.03) (0.01)

	For the Nine Months Ended September 30, 2013
	--------------------------------------------------------------------------------------------------
	Total revenues 2,010,134 346,058 1,664,076
	Total operating expenses 2,399,051 1,612,260 786,791
	Net loss from continuing
	operations (368,740) (1,246,025) 877,285
	Income from discontinued
	operations 127,478 127,478 -
	Net loss (241,262) (1,118,547) 877,285
	Net loss from continuing
	operations (0.03) (0.11) 0.08
	Net loss per common share
	basic and diluted (0.02) (0.10) 0.08

	Net cash provided by (used in)
	operating activities 77,453 (880,912) 958,365
	Net cash (used in) investing
	activities (1,382,436) (1,382,436) -
	Net cash provided by
	financing activities 2,845,433 3,803,798 (958,365)

	For the Period March 28, 2012 (inception) through September 30, 2012
	--------------------------------------------------------------------------------------------------
	Total revenues 524,881 - 524,881
	Total operating expenses 825,679 491,311 334,368
	Net loss from continuing
	operations (300,798) (491,311) 190,513
	Net loss from discontinued
	operations - - -
	Net loss (300,798) (491,311) 190,513
Net loss per common share
basic and diluted (0.04) (0.06) 0.02

Net cash (used in) operating
activities (206,112) (446,585) 240,473
Net cash (used in) investing
activities (351,738) (351,738) -
Net cash provided by
financing activities 1,033,790 1,274,263 (240,473)

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)

3 Months Ended

6 Months Ended

9 Months Ended

1 Months Ended

6 Months Ended

9 Months Ended

1 Months Ended

6 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Mar. 27, 2012

Sep. 30, 2012

Sep. 07, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 07, 2012

Dec. 31, 2012

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Weld County Colorado [Member]

Morgan County Colorado [Member]

Archer County Texas [Member]

Oil and Gas Property in Lousiana and Texas [Member]

acre

Minimum [Member]

Maximum [Member]

sqft

acre

Members of the Board [Member]

Three Forks LLC [Member]

acre

Significant Acquisitions [LineItems]

Number of wells

Working interest

10.12%

10.50%

76.25%

100.00%

3.00%

87.00%

37.50%

Value of oil and gas property

$1,477,990

$14,000

Acres of undeveloped leaseholds

320

120

1,955

Share price

Value of shares issued in acquisition

1,400,000

Liabilities assumed

91,990

281,962

Escrow

55,122

55,081

Escrow funding for legal services

55,000

Proceeds from sale of disposal group held for sale

1,600,000

Gross acres

320

1,955

Net acres

290

Payment to acquire property

3,842,143

Total working interest per participation agreement

75.00%

(Loss) Per Share

Antidilutive shares - options, warrants, and contingent shares

5,044,395

Property and Equipment

Capitalized costs inlcuded in amortization base

4,338,489

Depreciation, depletion and amortization

42,645

16,653

49,960

117,725

Going Concern and Managements' Plans

Accumulated deficit

2,099,834

981,287

Current assets

2,469,810

620,028

Cash and cash equivalents

2,033,179

475,940

2,033,179

492,729

Cash balance in excess of FDIC insured limits

1,783,179

Current liabilities

4,566,244

49,110

Deferred tax asset

807,748

Net operating loss carryforwards

$2,090,000

NOL Expiration date

31-Dec-32

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	9 Months Ended		9 Months Ended				1 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Mar. 31, 2012	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
	Sep. 30, 2013	Dec. 31, 2012	Member of the Board of Directors [Member]	Chief Executive Officer [Member]	Affiliate [Member]	Affiliate [Member]	Members of the Board of Directors and Officers [Member]	Three Officers And Directors [Member]	Three Officers And Directors [Member]	Former Board Member and Current Board Member [Member]	Tin Cup LLC [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Due from others, related party	$119,809	'	$8,065	'	$119,809	'	'	'	'	'	$250,000
Due to others - related party	817,585	15,000	'	'	'	'	'	'	'	'	'
Advances from officers and directors	600,000	'	300,000	300,000	'	'	'	'	'	'	'
Common shares issued for services, shares	'	'	'	'	'	'	5,325,000	'	'	200,000	'
Common shares issued for services, value	'	'	'	'	'	'	5,325	'	'	17,600	'
Consulting fees	$15,000	'	'	'	$55,000	$15,000	'	$40,684	$188,361	'	'

NOTE_RECEIVABLE_Details

NOTE RECEIVABLE (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
NOTE RECEIVABLE [Abstract]	'	'
Promissory note	$100,000	$100,000
Accrued interest	$5,315	$2,356
Interest rate	4.00%	'

DISPOSAL_GROUP_HELD_FOR_SALE_D

DISPOSAL GROUP HELD FOR SALE (Details) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended		1 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013
						Proved Oil and Gas Properties - Weld County, CO [Member]	Proved Oil and Gas Properties - Weld County, CO [Member]	Proved Oil and Gas Properties - Weld County, CO [Member]	Proved Oil and Gas Properties - Weld County, CO [Member]
									Member of the Board of Directors [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'	'	'	'	'
Incurred costs to acquire oil and gas mineral interests	'	'	'	'	'	$1,477,990	'	'	'
Property recorded as a separate asset	'	'	'	'	'	'	'	1,472,521	'
Accumulated amortization of mineral interests capitalized	'	'	'	'	'	'	'	5,658	'
Proceeds from sale of disposal group held for sale	'	'	'	1,600,000	'	'	1,600,000	'	'
Gain on disposal of property	'	'	'	127,478	'	'	127,478	'	'
AFE deposit	'	'	'	'	'	'	400,000	'	'
Liabilities from disposal group held for sale	'	'	'	'	'	'	400,000	7,745	'
Due to others - related party	$817,585	'	'	$817,585	$15,000	'	'	'	$209,520

SIGNIFICANT_ACQUISITIONS_Narra

SIGNIFICANT ACQUISITIONS (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended	1 Months Ended	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2013
					Five Jab oil and gas properties [Member]	Five Jab oil and gas properties [Member]	Five Jab oil and gas properties [Member]	Five Jab oil and gas properties [Member]
					acre	acre		acre
Significant Acquisitions [LineItems]	'	'	'	'	'	'	'	'
Working interest	'	'	'	'	37.50%	'	37.50%	37.50%
Acres of undeveloped leaseholds	'	'	'	'	1,955	1,955	'	1,955
Payment to acquire property	'	'	'	'	'	'	'	$3,842,143
Total working interest per participation agreement	'	'	'	'	'	'	75.00%	75.00%
Oil and gas sales	$581,762	$102,537	$524,881	$1,898,134	'	$234,058	'	$234,058

SIGNIFICANT_ACQUISITIONS_Sched

SIGNIFICANT ACQUISITIONS (Schedule of Allocation of Purchase Price to Assets Acquired and Liabilities Assumed) (Details) (Oil and Gas Property in Lousiana and Texas [Member], USD $)	Sep. 30, 2013	Jun. 30, 2013
Oil and Gas Property in Lousiana and Texas [Member]	'	'
Significant Acquisitions and Disposals [Line Items]	'	'
Purchase price: Oil and gas properties	$4,124,105	$4,124,105
Liabilities assumed	281,962	281,962
Total consideration	$3,842,143	$3,842,143

DISCONTINUED_OPERATIONS_Narrat

DISCONTINUED OPERATIONS (Narrative) (Details) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended
DISCONTINUED OPERATIONS (Narrative) (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'
Proceeds from sale of disposal group held for sale	'	'	'	$1,600,000	'
Gain on disposal of property	'	'	'	127,478	'
Amortization	37,094	'	'	37,094	449
Proved Oil and Gas Properties - Weld County, CO [Member]	'	'	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'
Proceeds from sale of disposal group held for sale	'	'	'	1,600,000	'
Gain on disposal of property	'	'	'	127,478	'
Oil and gas properties, net	'	'	'	'	1,472,521
Amortization	'	'	'	'	$5,469

DISCONTINUED_OPERATIONS_Schedu

DISCONTINUED OPERATIONS (Schedule of Components of Assets and Liabilities of Discontinued Operations) (Details) (Proved Oil and Gas Properties - Weld County, CO [Member], USD $)	Sep. 30, 2013	Dec. 31, 2012
Proved Oil and Gas Properties - Weld County, CO [Member]	'	'
Current Assets	'	'
Accounts receivable	'	$8,550
Oil and gas properties, net	'	1,472,521
Total current assets of discontinued operations	'	1,481,071
Current Liabilities	'	'
Accounts payable	'	7,745
Total current liabilities of discontinued operations	$400,000	$7,745

JOINT_VENTURE_AGREEMENT_Detail

JOINT VENTURE AGREEMENT (Details) (USD $)	9 Months Ended
JOINT VENTURE AGREEMENT (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
JOINT VENTURE AGREEMENT [Abstract]	'	'
Costs to drill an oil and gas well	$163,456	$134,000
Percentage of the costs owed by the company to drill and complete each well the Company elects to participate in on leases that are part of the JV Agreement	49.00%	'

MANAGEMENT_AGREEMENT_Details

MANAGEMENT AGREEMENT (Details) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended
MANAGEMENT AGREEMENT (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013
MANAGEMENT AGREEMENT [Abstract]	'	'	'	'
Monthly payment due to management	'	'	'	$16,000
Percentage of working interest in farmout	'	'	'	10.00%
Management fees	$48,000	'	'	$112,000

SECURED_CONVERTIBLE_PROMISSORY1

SECURED CONVERTIBLE PROMISSORY NOTES (Details) (USD $)	9 Months Ended		9 Months Ended			1 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
			Chief Executive Officer [Member]	Member of the Board of Directors [Member]	Tin Cup LLC [Member]	Oil and Gas Property in Lousiana and Texas [Member]	Oil and Gas Property in Lousiana and Texas [Member]	Oil and Gas Property in Lousiana and Texas [Member]	Oil and Gas Property in Lousiana and Texas [Member]	Oil and Gas Property in Lousiana and Texas [Member]
						acre		acre	Chief Executive Officer [Member]	Member of the Board of Directors [Member]
Short-term Debt [Line Items]	'	'	'	'	'	'	'	'	'	'
Secured convertible promissory notes	'	'	'	'	$250,000	$2,000,000	'	$2,000,000	'	'
Working interest	'	'	'	'	'	37.50%	37.50%	37.50%	'	'
Effective annual rate	'	'	10.00%	10.00%	'	10.00%	'	10.00%	'	'
Conversion price	'	'	$3.60	$3.60	'	$3.60	'	$3.60	'	'
Convertible debt, terms of conversion feature	'	'	'	'	'	'convertible into shares of the Company's common stock in whole or in part at a conversion price of $3.60 per share 6 months after issuance of the promissory note	'	'	'	'
Current maturities of convertible notes	1,535,000	'	'	'	'	'	'	'	'	'
Promissory note, due date	'	'	2-Jan-14	2-Jan-14	'	30-Sep-14	'	'	'	'
Proceeds from issuance of promissory note - related parties	600,000	'	300,000	300,000	'	'	'	'	'	'
Fee to be received on promissory note due date	'	'	7,500	7,500	'	'	'	'	'	'
Due date extension	'	'	2-Apr-14	2-Apr-14	'	'	'	'	'	'
Exended due date fees to be received	'	'	15,000	15,000	'	'	'	'	'	'
Working interest in property if property is not liquidated by note extended due date	'	'	'	'	'	'	'	'	11.25%	11.25%
Gross acres	'	'	'	'	'	1,955	'	1,955	'	'
Number of producing wells	'	'	'	'	'	13	'	13	'	'
Number of service wells	'	'	'	'	'	9	'	'	'	'
Number of wellbores	'	'	'	'	'	14	'	'	'	'
Accrued interest	$4,822	'	'	'	'	'	'	'	'	'
Total working interest per participation agreement	'	'	'	'	'	'	75.00%	75.00%	'	'

SHARE_BASED_COMPENSATION_Narra

SHARE BASED COMPENSATION (Narrative) (Details) (USD $)	1 Months Ended	9 Months Ended
SHARE BASED COMPENSATION (Narrative) (Details) (USD $)	Mar. 31, 2013	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Stock incentive plan, options term	'	'10 years
Stock Incentive plan, shares authorized	'	5,000,000
Options or warrants exercised	'	'
Options or warrants expired	'	'
Tax expense related to exercise of stock options	'	'
Cashless Stock Option [Member] \| Chief Operating Officer [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Stock incentive plan, options term	'3 years	'3 years
Shares granted	2,250,000	100,000
Exercise price of stock options granted	$0.10	$0.10
Cashless Stock Option [Member] \| Member of the Board of Directors [Member] \| Maximum [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares granted	'	100,000
Options and Warrants [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares granted	'	4,450,000
Options and Warrants [Member] \| Member of the Board of Directors [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Exercise price of stock options granted	'	$0.10

SHARE_BASED_COMPENSATION_Sched

SHARE BASED COMPENSATION (Schedule of Outstanding and Vested Options) (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
2013 Stock Incentive Plan [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Number of shares	2,200,000
Weighted average remaining contractual life	'1 year 2 months 12 days
Weighted average exercise price	$0.47
Number of shares vested	1,062,466
Aggregate intrinsic value	$0
Non-Qualified stock options [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Number of shares	2,250,000
Weighted average remaining contractual life	'2 years 4 months 24 days
Weighted average exercise price	$0.10
Number of shares vested	429,452
Aggregate intrinsic value	$0

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)

6 Months Ended

9 Months Ended

6 Months Ended

9 Months Ended

1 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Mar. 31, 2013

Mar. 31, 2012

Sep. 30, 2013

Minimum [Member]

Maximum [Member]

Morgan County Colorado [Member]

Consultant [Member]

Consultant Two [Member]

Employee [Member]

Shareholders [Member]

Officers And Directors [Member]

Former Board Member and Current Board Member [Member]

Equity Issuance [Line Items]

Preferred Stock, shares authorized

25,000,000

Preferred Stock, par value per share

Preferred Stock, shares issued

Preferred stock, shares outstanding

Common stock, shares authorized

100,000,000

Common Stock, par value per share

$0.00

Common stock, shares issued

11,503,477

10,799,339

Common stock, shares outstanding

11,503,477

10,799,339

Common shares issued in private placement, shares

3,799,575

859,138

Common shares issued in private placement, value

$1,274,263

$2,621,443

Common shares issued for services, shares

270,000

195,000

285,000

5,325,000

200,000

Common shares issued for services, value

23,760

195

2,850

5,325

17,600

Common shares issued for property, shares

700,000

Common shares repurchased, shares

100,000

275,000

Common shares repurchased for cash, amount

150,000

825,000

Retirement of shares to settle claims

250,000

Value of claims against employee

$22,000

Price per share

$0.01

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) (USD $)	6 Months Ended	9 Months Ended	6 Months Ended		1 Months Ended		1 Months Ended
	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Nov. 01, 2013	Nov. 30, 2013	Sep. 02, 2012	Sep. 30, 2012	Mar. 31, 2013
			Maximum [Member]	Consultant [Member]	Consultant [Member]	Chief Executive Officer [Member]	Executive Vice President of Finance [Member]	Chief Operating Officer [Member]
					Maximum [Member]
Operating Lease	'	'	'	'	'	'	'	'
Rent expense	$26,323	$52,239	'	'	'	'	'	'
2013	'	22,781	'	'	'	'	'	'
2014	'	91,738	'	'	'	'	'	'
2015	'	54,416	'	'	'	'	'	'
2016	'	'	'	'	'	'	'	'
2017	'	'	'	'	'	'	'	'
Total future minimum payments	'	168,935	'	'	'	'	'	'
Consulting Agreements	'	'	'	'	'	'	'	'
Consulting fees	'	15,000	'	'	'	'	'	'
Annual service fee	'	'	'	200,000	'	180,000	'	'
Shares granted	'	'	'	'	1,000,000	'	'	'
Price per share	'	'	$1	'	'	'	'	'
Employment Agreements	'	'	'	'	'	'	'	'
Annual salary	'	'	'	'	'	'	$192,000	$210,000

RESTATEMENT_OF_OPERATIONS_Deta

RESTATEMENT OF OPERATIONS (Details) (USD $)	3 Months Ended		6 Months Ended	9 Months Ended
RESTATEMENT OF OPERATIONS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Total assets	$7,655,915	'	'	$7,655,915	$2,317,308
Total liabilities	4,848,206	'	'	4,848,206	56,855
Accumulated deficit	-2,099,834	'	'	-2,099,834	-981,287
Total equity	2,807,709	'	'	2,807,709	2,260,453
Total revenues	629,762	102,537	524,881	2,010,134	'
Total operating expenses	841,518	386,061	825,679	2,399,051	'
Net income (loss) from continuing operations	-215,592	-283,524	-300,798	-368,740	'
Income from discontinued operations	'	'	'	127,478	'
Net loss	-215,592	-283,524	-300,798	-241,262	'
Net loss from continuing operations	'	'	($0.04)	($0.03)	'
Net loss per common share basic and diluted	($0.02)	($0.04)	($0.04)	($0.02)	'
Net cash provided by (used in) operating activities	'	'	-206,112	77,453	'
Net cash (used in) investing activities	'	'	-351,738	-1,382,436	'
Net cash provided by financing activities	'	'	1,033,790	2,845,433	'
Previously Reported [Member]	'	'	'	'	'
Total assets	7,955,915	'	'	7,955,915	'
Total liabilities	4,848,206	'	'	4,848,206	'
Accumulated deficit	2,099,834	'	'	2,099,834	'
Total equity	2,807,709	'	'	2,807,709	'
Total revenues	282,058	'	'	346,058	'
Total operating expenses	666,909	220,063	491,311	1,612,260	'
Net income (loss) from continuing operations	'	'	-491,311	-1,246,025	'
Income from discontinued operations	'	'	'	127,478	'
Net loss	-388,687	-220,063	-491,311	-1,118,547	'
Net loss from continuing operations	'	'	'	($0.11)	'
Net loss per common share basic and diluted	($0.03)	($0.03)	($0.06)	($0.10)	'
Net cash provided by (used in) operating activities	'	'	-446,585	-880,912	'
Net cash (used in) investing activities	'	'	-351,738	-1,382,436	'
Net cash provided by financing activities	'	'	1,274,263	3,803,798	'
Change [Member]	'	'	'	'	'
Total assets	'	'	'	'	'
Total liabilities	'	'	'	'	'
Accumulated deficit	'	'	'	'	'
Total equity	'	'	'	'	'
Total revenues	347,704	102,537	524,881	1,664,076	'
Total operating expenses	174,609	165,998	334,368	786,791	'
Net income (loss) from continuing operations	'	'	190,513	877,285	'
Income from discontinued operations	'	'	'	'	'
Net loss	173,095	-63,461	190,513	877,285	'
Net loss from continuing operations	'	'	'	$0.08	'
Net loss per common share basic and diluted	$0.01	($0.01)	$0.02	$0.08	'
Net cash provided by (used in) operating activities	'	'	240,473	958,365	'
Net cash (used in) investing activities	'	'	'	'	'
Net cash provided by financing activities	'	'	($240,473)	($958,365)	'