Three Forks 10-Q 19 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	9-May-14
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Entity Registrant Name	'THREE FORKS, INC.	'
Entity Central Index Key	'0001548082	'
Current Fiscal Year End Date	'--12-31	'
Document Fiscal Period Focus	'Q1	'
Document Fiscal Year Focus	'2014	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	11,534,011

BALANCE_SHEETS

BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
CURRENT ASSETS	'	'
Cash and cash equivalents	$74,275	$121,174
Accounts receivable trade, net	267,655	276,570
Note receivable other	100,000	100,000
Prepaid and other current assets	16,554	20,442
TOTAL CURRENT ASSETS	458,484	518,186
Disposal group held for sale of discontinued operations	'	'
Oil and gas properties at cost, full-cost method of accounting	'	'
Unproved	214,584	214,584
Proved	5,812,630	5,614,987
Other	33,953	25,554
TOTAL PROPERTY AND EQUIPMENT	6,061,167	5,855,125
Less accumulated depreciation, depletion and amortization	-121,297	-65,038
Net property and equipment	5,939,870	5,790,087
Long-term assets	'	'
Other long-term assets	61,330	61,330
TOTAL LONG-TERM ASSETS	61,330	61,330
TOTAL ASSETS	6,459,684	6,369,603
CURRENT LIABILITIES	'	'
Current maturities of convertible notes	85,000	1,475,000
Current maturities of notes	10,547	24,500
Accounts payable trade	708,415	425,133
Loan payable, accruals and repurchase obligation	339,217	192,517
Notes payable, advances and loans, related party	683,282	812,205
Total current liabilities	1,826,461	2,929,355
Long-term liabilities	'	'
Asset retirement obligations	307,854	307,854
Total long-term liabilities	307,854	307,854
Total liabilities	2,134,315	3,237,209
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; 11,506,677 and 11,681,477 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively	11,506	11,681
Additional paid in capital	7,547,805	5,629,205
Accumulated deficit	-3,233,942	-2,508,492
Total stockholders' equity	4,325,369	3,132,394
Total liabilities and stockholders' equity	$6,459,684	$6,369,603

BALANCE_SHEETS_Parenthetical

BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
BALANCE SHEETS [Abstract]	'	'
Preferred stock, no par value	$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	11,506,677	11,681,477
Common stock, shares outstanding	11,506,677	11,681,477

STATEMENTS_OF_OPERATIONS

STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Revenue:	'	'
Oil and gas sales	$444,458	'
Management fees	47,000	'
Total revenues	491,458	'
Operating expenses:	'	'
Lease operating expenses	494,077	'
Production taxes	19,508	'
Depreciation, depletion and amortization	56,259	832
General and administrative expenses	606,717	525,629
Total operating expenses	1,176,561	526,461
Loss from operations	-685,103	-526,461
Other income (expense):	'	'
Other income	'	22,000
Interest income	986	986
Interest expense	-41,333	'
Total other income (expense)	-40,347	22,986
Loss from continuing operations before income taxes	-725,450	-503,475
Income taxes	'	'
Net loss from continuing operations	-725,450	-503,475
Discontinued operations	'	'
Gain on disposal of property	'	143,608
Income from discontinued operations	'	143,608
Net loss	($725,450)	($359,867)
Net loss from continuing operations	($0.06)	($0.05)
Net income from discontinued operations	'	'
Basic and diluted	'	$0.01
Net loss per common share	'	'
Basic and diluted	($0.06)	($0.03)
Weighted average number of common shares	'	'
Basic and diluted	11,653,255	11,033,387

STATEMENT_OF_STOCKHOLDERS_EQUI

STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	PREFERRED SHARES NO PAR VALUE [Member]	COMMON SHARES $.001 PAR VALUE [Member]	ADDITIONAL PAID-IN CAPITAL [Member]	ACCUMULATED (DEFICIT) [Member]
Balance at Dec. 31, 2013	$3,132,394	'	$11,681	$5,629,205	($2,508,492)
Balance, shares at Dec. 31, 2013	'	'	11,681,477	'	'
Sale of shares for cash at $3.00 per share	75,600	'	25	75,575	'
Sale of shares for cash at $3.00 per share, shares	25,200	'	25,200	'	'
Sale of options for cash	250,000	'	'	250,000	'
Sale of warrants in exchange for debt	1,690,000	'	'	1,690,000	'
Repurchase of shares	-142,500	'	-200	-142,300	'
Repurchase of shares, shares	'	'	-200,000	'	'
Contribution of assets	24,639	'	'	24,639	'
Stock based compensation	20,686	'	'	20,686	'
Net (loss) for the period	-725,450	'	'	'	-725,450
Balance at Mar. 31, 2014	$4,325,369	'	$11,506	$7,547,805	($3,233,942)
Balance, shares at Mar. 31, 2014	'	'	11,506,677	'	'

STATEMENT_OF_STOCKHOLDERS_EQUI1

STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Equity Issuance [Line Items]	'	'
Price per share	$3	'
Common stock, par value per share	$0.00	$0.00
Preferred stock, no par value	$0	$0

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
OPERATING ACTIVITIES	'	'
Net loss from continuing operations attributable to common stockholders	($725,450)	($503,475)
Income from discontinued operations	'	143,608
Adjustments to reconcile net (loss) to net cash flows (used in) operating activities:	'	'
Depreciation, depletion and amortization	56,259	832
Gain on settlement of claims	'	-22,000
Gain on sale of disposal group held for sale	'	-143,608
Shares issued for services	'	15,400
Stock based compensation	20,686	2,967
Changes in operating assets and liabilities:	'	'
Accounts receivable trade	8,915	8,550
Prepaid and other current assets	3,888	17,284
Accounts payable trade	283,282	122,255
Accrued and deposits payable	4,200	218,636
Accrued liabilities, related party	171,077	165,768
Net cash provided by (used in) operating activities	-177,143	26,217
INVESTING ACTIVITIES	'	'
Additions to property and equipment	-206,042	-50,588
Proceeds from sale of disposal group held for sale	'	1,600,000
Net cash provided by (used in) investing activities	-206,042	1,549,412
FINANCING ACTIVITIES	'	'
Sale of common shares	75,600	989,400
Sale of options	250,000	'
Contribution of assets	24,639	'
Funds used to repurchase common shares	'	-815,000
Repayment of short term debt	-13,953	-3,001
Net cash provided by financing activities	336,286	171,399
NET CHANGE IN CASH	-46,899	1,747,028
CASH, Beginning	121,174	492,729
CASH, Ending	74,275	2,239,757
SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION:	'	'
Debt owed in retirement of 375,000 shares of stock	'	160,000
Sale of warrants in exchange for debt	1,690,000	'
Repurchase of common stock	142,500	'
Interest paid	'	'
Income taxes paid	'	'

STATEMENTS_OF_CASH_FLOWS_Paren

STATEMENTS OF CASH FLOWS (Parenthetical)	3 Months Ended
	Mar. 31, 2013
STATEMENTS OF CASH FLOWS [Abstract]	'
Retirement of stock, shares	375,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
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 March 31, 2014 and December 31, 2013 has
	a balance of $55,163 and $55,163  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 2% of the
	working  interest in the Farmout to two members of the Board of Directors of the
	Company.
	Three  Forks  LLC No. 2  ("Three  Forks No.  2") was  organized  in the State of
	Colorado on December 4, 2013.  The Company is the manager of the Three Forks No.
	2 and the Company  does not hold an equity  interest in Three Forks No. 2. Three
	Forks No. 2 has been  organized  to fund and  develop the  proposed  drilling of
	additional wells in Colorado, Oklahoma and Texas.
	Effective June 30, 2013 and September 1, 2013, the Company  acquired a 37.5% and
	37.5%  working  interest,  respectively  or a total of 75%  working  interest in
	certain  oil  and  gas  properties  located  in  Louisiana  and  Texas  totaling
	approximately  1955  gross  acres  known as the Five  JAB,  Inc.  properties  in
	exchange for $3,869,497 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% of working  interest  in the oil and gas
	properties was accounted for as an acquisition for accounting purposes.
	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.
	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 March 31, 2014 and December 31, 2013.
OIL AND GAS 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.  Unproved  properties with significant  acquisition costs are assessed
annually on a property-by-property  basis and any impairment in value is charged
to expense.  If the unproved  properties are  determined to be  productive,  the
related costs are  transferred  to proved oil and natural gas properties and are
depleted.  Proceeds  from  sales of partial  interests  in  unproved  leases are
accounted for as a recovery of cost without  recognizing  any gain or loss until
all costs  have  been  recovered.  The costs of  unproved  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 proved, the related costs transfer to proved oil
and natural gas properties  using full cost  accounting.  There were capitalized
costs of $5,812,630 and $5,614,987  included in the  amortization  base at March
31, 2014 and December 31, 2013, respectively and the Company did not expense any
capitalized  costs  for  the  three  months  ended  March  31,  2014  and  2013,
respectively.
The Company performs a quarterly  "ceiling test" calculation to test its oil and
gas properties for possible  impairment.  The primary components  impacting this
calculation are commodity prices, reserve quantities added and produced, overall
exploration and development costs,  depletion expense,  and tax effects.  If the
net  capitalized  cost  of the  Company's  oil  and gas  properties  subject  to
amortization  (the carrying  value) exceeds the ceiling  limitation,  the excess
would be charged to expense.  The ceiling  limitation is equal to the sum of the
present value  discounted at 10% of estimated  future net cash flows from proved
reserves,  the cost of  properties  not  being  amortized,  the lower of cost or
estimated  fair  value  of  unproved  properties  included  in the  costs  being
amortized, and all related tax effects. At March 31, 2014 and December 31, 2013,
the calculated  value of the ceiling  limitation  exceeded the carrying value of
the Company's oil and gas properties  subject to the test, and no impairment was
necessary.
PROPERTY AND EQUIPMENT
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 three
months ended March 31, 2014 and 2013, respectively.
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  months ended March 31, 2014 and 2013 is
$56,259 and $832, respectively.
IMPAIRMENT OF LONG-LIVED ASSETS
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 three  months  ended March 31, 2014 and 2013,  respectively
that would be indicative of possible impairment.
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 $1,714,920  has been fully reserved at March 31, 2014. At March 31, 2014, the
Company  has  incurred  net   operating   losses  for  income  tax  purposes  of
approximately  $4,400,000.  Such losses may be carried forward and are scheduled
to expire in the year  2033,  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, basedupon 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 March 31, 2014,
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  months ended
March 31, 2014 and 2013,  the Company had  outstanding  8,077,435 and 2,250,000,
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 and warrants,  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 March 31,
2014,  the Company has reported an accumulated  deficit of $3,233,942.  At March
31, 2014,  the Company has current  assets of $458,484,  including cash and cash
equivalents of $74,275 and current  liabilities of $1,826,461.  The Company does
recognize  revenues  from the  properties  it acquired in 2013 and  continues to
develop these properties to improve production.
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. See Note 14 - Subsequent Events.
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
March 31,  2014,  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.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 2 - RELATED PARTY TRANSACTIONS
	-----------------------------------
	ADVANCES AND LOANS PAYABLE - RELATED PARTY
	During the three  months ended March 31,  2014,  the Company was advanced  funds
	from  affiliates  in the  amount of  $171,077  and at March 31,  2014 owes these
	affiliates $383,282.
	SHARES FOR SERVICES
	During the three  months  ended March 31,  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.
	CONSULTING SERVICES
	During the three  months  ended  March 31, 2014 and 2013,  the  Company  paid an
	officer  and  director  $47,000  and  $35,000,  respectively  in fees as part of
	consulting arrangement approved by the Board of Directors.
	During the three months  ended March 31, 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.
	The Company is the  manager of the Three  Forks No. 2 and the  Company  does not
	hold an  equity  interest  in Three  Forks  No.  2.  Three  Forks No. 2 has been
	organized  to fund and develop the  proposed  drilling  of  additional  wells in
	Archer County,  Texas.  At March 31 2014,  Three Forks No. 2 has yet to commence
	operations.  See Note 1 - Summary of Significant  Accounting Policies "Nature of
	Operations and Organization."
	Certain  officers  and  members of the Board of  Directors  of the  Company  are
	members of Tin Cup Oil and Gas LLC, a Colorado limited  liability company and on
	March 31 2014,  Tincup Oil and Gas LLC  purchased  190,000 two year  warrants in
	consideration  for and  cancellation  of $190,000 in debt. See Note 10 - Secured
	Convertible Promissory Notes.

NOTE_RECEIVABLE

NOTE RECEIVABLE	3 Months Ended
	Mar. 31, 2014
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 the certain Joint Venture  Cooperation
	and Profit  Allocation  Agreement between the Company and HEDC dated May 1, 2012
	("JV  Agreement")  as per Note 8. At March 31, 2014 and  December  31 2013,  the
	Company  is owed  $100,000  plus  accrued  interest  in the amount of $7,342 and
	$6,356, respectively.

DISPOSAL_GROUP_HELD_FOR_SALE

DISPOSAL GROUP HELD FOR SALE	3 Months Ended
	Mar. 31, 2014
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,  acquired 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
	separate 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 three
	months  ended  March  31,  2013 a gain on the sale of  assets  in the  amount of
	$143,608 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 March 31, 2014 and December 31, 2013,  the Company
	owes $400,000 including $209,520 due to a member of the Board of Directors.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2014
DISCONTINUED OPERATIONS [Abstract]	'
DISCONTINUED OPERATIONS	'
	NOTE 5 - 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 three months ended
	March 31,  2013,  the  Company  recorded a gain of  $143,608  on the sale of the
	disposal  group held for sale. 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 three months ended March 31, 2014.

ASSET_RETIREMENT_OBLIGATIONS

ASSET RETIREMENT OBLIGATIONS	3 Months Ended
	Mar. 31, 2014
ASSET RETIREMENT OBLIGATIONS [Abstract]	'
ASSET RETIREMENT OBLIGATIONS	'
	NOTE 6 - ASSET RETIREMENT OBLIGATIONS
	-------------------------------------
	The Property's  asset  retirement  obligations  reported as accrued  liabilities
	arise from the plugging and  abandonment  liabilities for oil and gas wells that
	were  acquired  during  the year  ended  December  31,  2013.  The  Company  has
	determined  there is no salvage value  associated  with the Property's  tangible
	assets at the time the wells are retired. There were no wells retired during the
	three months ended March 31, 2014 and the Property's asset retirement obligation
	at March 31, 2014 is $307,854.

INFORMATION_ON_BUSINESS_SEGMEN

INFORMATION ON BUSINESS SEGMENTS	3 Months Ended
	Mar. 31, 2014
INFORMATION ON BUSINESS SEGMENTS [Abstract]	'
INFORMATION ON BUSINESS SEGMENTS	'
	NOTE 7 - INFORMATION ON BUSINESS SEGMENTS
	-----------------------------------------
	At March 31, 2014, the Company considered its business  activities to constitute
	a single segment.

JOINT_VENTURE_AGREEMENT

JOINT VENTURE AGREEMENT	3 Months Ended
	Mar. 31, 2014
JOINT VENTURE AGREEMENT [Abstract]	'
JOINT VENTURE AGREEMENT	'
	NOTE 8 - JOINT VENTURE AGREEMENT
	--------------------------------
	Through  March 31,  2014,  the  Company has paid a total of $163,456 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 Holms Energy  Development Corp. 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	3 Months Ended
	Mar. 31, 2014
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 beginning  January 1, 2014 in the amount of $5,000
	per month.  The Company  owns no interest in the LLC but does own an 11% working
	interest in the  Farmout  property  as more fully  described  in Note 1. For the
	three months ended March 31, 2014 and 2013,  respectively  the Company  reported
	management  fee income in the amount of $47,000 and $0,  respectively  including
	$32,000 in total fees that were due for the months of November  and  December of
	2013

SECURED_CONVERTIBLE_PROMISSORY

SECURED CONVERTIBLE PROMISSORY NOTES	3 Months Ended
	Mar. 31, 2014
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 in the amount of  $1,475,000  have a  maturity  date 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 is 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. On March 31, 2014,  the holders
	of promissory  notes purchased  1,390,000 of two year warrants in  consideration
	for and  cancellation of $1,390,000 of debt.  Therefore,  at March 31, 2014, the
	Company owes promissory notes in the amount of $85,000. See Note 14 - Subsequent
	Events.
	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
	payments are not made on the promissory notes 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.  They will each  receive a $15,000  payment of fees.  On
	April 7, 2014, Mr. Pollard and the Company  entered into an Extension and Waiver
	with the Company and extended the maturity date of the promissory note to May 2,
	2014.  The note was paid in full on May 9, 2014.  On March 31,  2014,  Mr. Ranew
	purchased  300,000 of two year warrants in consideration for and cancellation of
	his $300,000  promissory  note.  Therefore,  at March 31 2014,  the Company owes
	$300,000. See Note 14 - Subsequent Events.

SHARE_BASED_COMPENSATION

SHARE BASED COMPENSATION	3 Months Ended
	Mar. 31, 2014
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 and amended March 1, 2014,  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 five years from the effective date of the grant. The options are fully
	vested.  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 year ended December 31, 2013, options
	in the amount of  2,300,000  and  warrants in the amount of 275,000 were granted
	under the 2013 Stock  Incentive Plan including  options in the amount of 175,000
	to  officers  and  directors  as well as 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 five years from the effective  date of the grant.
	The  cashless  options  were  immediately  vested  upon the date of  grant.  The
	following  table  summarizes  information  related to the outstanding and vested
	options and warrants at March 31, 2014:
	Outstanding and
	Vested Options
	and Warrants
	----------------
	Number of shares
	Non-Qualified stock options                           5,390,000
	2013 Stock Incentive Plan                             2,575,000
	Weighted average remaining contractual life
	Non-Qualified stock options                          3.36 years
	2013 Stock Incentive Plan                            3.52 years
	Weighted average exercise price
	Non-Qualified stock options                               $0.46
	2013 Stock Incentive Plan                                 $0.53
	Number of shares vested
	Non-Qualified stock options                           4,527,900
	2013 Stock Incentive Plan                             1,636,826
	Aggregate intrinsic value
	Non-Qualified stock options                            $229,559
	2013 Stock Incentive Plan                              $158,627
	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.  For the three months ended March 31, 2014 and
	2013,  the Company  granted and sold options and warrants  that had a total fair
	value of $0 and  $199,810,  respectively  and  reported  $20,686  and  $2,967 as
	compensation  expense for the three  months ended March 31, 2014 and 2013 in the
	statement of operations.
	No options or warrants were  exercised or expired  during the three months ended
	March 31, 2014 and 2013.
	The fair value of the options and warrants granted and sold were estimated as of
	the grant date using the  Black-Scholes  option pricing model with the following
	assumptions:
	Volatility                         123.60%
	Expected Option Term               2-5 years
	Risk-free interest rate            11%-.17%
Expected dividend yield            0.00%
The expected term of the options and warrants granted and sold were estimated to
be the contractual term. The expected  volatility was based on an average of the
volatility  disclosed based upon comparable  companies who had similar  expected
option terms.  The risk-free  rate was based on the one-year U.S.  Treasury bond
rate.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2014
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 March 31, 2014 and December  31,  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 March 31, 2014 and December 31, 2013 there were a total of 11,506,677
	and 11,681,477 shares of common stock issued and outstanding, respectively.
	During the three months ended March 31, 2014,  the Company sold 25,200 shares of
	its common  stock for $75,600 or $3.00 per share and sold three (3) year options
	to acquire  295,600 shares of its common stock at an exercise price of $1.00 per
	share in exchange for cash in the amount of $295,600.
	During the three  months  ended  March 31,  2013,  as  described  in Note 2, the
	Company  issued  175,000  shares of its common  stock in exchange  for  services
	valued at $15,400.
	REPURCHASE OF COMMON SHARES
	During the three  months  ended  March 31,  2014,  the  Company  entered  into a
	settlement agreement with a former officer and director to settle certain claims
	against  the  employee  and as part  of the  agreement  the  Company  agreed  to
	repurchase 200,000 shares of the Company's common stock owned by the employee as
	well as personal  property valued at $4,201 in exchange for cash of $120,000 and
	assumption of a loan due to Three Forks No. 1, LLC in the amount of $25,000 plus
	interest in the amount of $1,701.
	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	3 Months Ended
	Mar. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 13 - COMMITMENTS AND CONTINGENCIES
	---------------------------------------
	OPERATING LEASE
	The Company leases office space in Broomfield  Colorado  under a  non-cancelable
	operating lease that allows either party the option to terminate the lease. Rent
	expense  for the three  months  ended  March 31,  2014 and 2013 was  $16,576 and
	$22,781,  respectively.  The  following  table  summarizes  the  future  minimum
	payments under this non-cancelable lease at March 31, 2014:
	2014              $   49,728
	2015              $   38,677
	2016              $        -
	2017              $        -
	2018              $        -
	---------
	$   88,405
	CONSULTING AGREEMENTS
	Effective  November 1, 2013, the Company  entered into a twelve month  agreement
	with a  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 in exchange for cash of $50,000 to acquire up to 1,000,000 shares of the
	Company's  common  stock at an option  price of $.010 per share over a five year
	period from the effective date of the grant.  The options vest over a three year
	period from the  effective  date of the grant.  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.  This agreement was terminated during the first quarter of
	2014 as part of a settlement agreement described in Note 12.
	The Company  entered into a three year employment  agreement  effective March 1,
	2013 and amended March 1, 2014 with its President  and Chief  Operating  Officer
	that includes  compensation  of a base salary of $250,000 per year under certain
	terms and conditions including  non-qualified stock options as described in Note
	11

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
SUBSEQUENT EVENTS [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 14 - SUBSEQUENT EVENTS
	---------------------------
	CREDIT FACILITY
	On May 9, 2014,  the  Company  closed on a four (4) year  Credit  Facility  with
	Guaranty Bank and Trust ("GBT") for a loan  commitment up to  $50,000,000.  This
	Credit  Facility  allows the Company  subject to certain terms and conditions to
	borrow  from the  Credit  Facility  amounts  in the form of notes  issued by the
	Company to the Lender. The notes are collateralized by the Company's oil and gas
	properties  and require that the Company pay interest  monthly in arrears on the
	unpaid  balance of the notes at varying  rates but not to exceed 5.0% per annum.
	On May 9, 2014, the Company  borrowed  $3,500,000 off of the Credit  Facility of
	which $1,050,000 was used towards financing costs, working capital,  workover of
	additional  wells  acquired  from Five JAB and  payment  in full of  outstanding
	promissory  notes  due by the  Company  at  March  31,  2014  totaling  $385,000
	including  $300,000  owed to Mr.  Pollard.  The  remaining  $2,450,000  of funds
	borrowed  off of the Credit  Facility is  available to be used by the Company at
	its discretion.
	SALE OF COMMON SHARES
	During the period  April 1, 2014  through May 9, 2014,  the Company  sold 27,334
	shares of its  common  stock in  exchange  for  $82,000  in cash or at $3.00 per
	share.
	STOCK OPTIONS
	During the period April 1, 2014 through Mary 9, 2014, the Company sold three (3)
	year  options to acquire  405,000 of its common  stock at an  exercise  price of
	$1.00 per share for cash in the amount of $380,000.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	3 Months Ended
	Mar. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
NATURE OF OPERATIONS AND ORGANIZATION	'
	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 March 31, 2014 and December 31, 2013 has
	a balance of $55,163 and $55,163  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 2% of the
	working  interest in the Farmout to two members of the Board of Directors of the
	Company.
	Three  Forks  LLC No. 2  ("Three  Forks No.  2") was  organized  in the State of
	Colorado on December 4, 2013.  The Company is the manager of the Three Forks No.
	2 and the Company  does not hold an equity  interest in Three Forks No. 2. Three
	Forks No. 2 has been  organized  to fund and  develop the  proposed  drilling of
	additional wells in Colorado, Oklahoma and Texas.
	Effective June 30, 2013 and September 1, 2013, the Company  acquired a 37.5% and
	37.5%  working  interest,  respectively  or a total of 75%  working  interest in
	certain  oil  and  gas  properties  located  in  Louisiana  and  Texas  totaling
	approximately  1955  gross  acres  known as the Five  JAB,  Inc.  properties  in
	exchange for $3,869,497 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% of working  interest  in the oil and gas
	properties was accounted for as an acquisition for accounting purposes.
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.
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 March 31, 2014 and December 31, 2013.
OIL AND GAS ACTIVITIES	'
	OIL AND GAS 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.  Unproved  properties with significant  acquisition costs are assessed
	annually on a property-by-property  basis and any impairment in value is charged
	to expense.  If the unproved  properties are  determined to be  productive,  the
	related costs are  transferred  to proved oil and natural gas properties and are
	depleted.  Proceeds  from  sales of partial  interests  in  unproved  leases are
	accounted for as a recovery of cost without  recognizing  any gain or loss until
	all costs  have  been  recovered.  The costs of  unproved  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 proved, the related costs transfer to proved oil
	and natural gas properties  using full cost  accounting.  There were capitalized
	costs of $5,812,630 and $5,614,987  included in the  amortization  base at March
	31, 2014 and December 31, 2013, respectively and the Company did not expense any
	capitalized  costs  for  the  three  months  ended  March  31,  2014  and  2013,
	respectively.
	The Company performs a quarterly  "ceiling test" calculation to test its oil and
	gas properties for possible  impairment.  The primary components  impacting this
	calculation are commodity prices, reserve quantities added and produced, overall
	exploration and development costs,  depletion expense,  and tax effects.  If the
	net  capitalized  cost  of the  Company's  oil  and gas  properties  subject  to
	amortization  (the carrying  value) exceeds the ceiling  limitation,  the excess
	would be charged to expense.  The ceiling  limitation is equal to the sum of the
	present value  discounted at 10% of estimated  future net cash flows from proved
	reserves,  the cost of  properties  not  being  amortized,  the lower of cost or
	estimated  fair  value  of  unproved  properties  included  in the  costs  being
	amortized, and all related tax effects. At March 31, 2014 and December 31, 2013,
	the calculated  value of the ceiling  limitation  exceeded the carrying value of
	the Company's oil and gas properties  subject to the test, and no impairment was
	necessary.
PROPERTY AND EQUIPMENT	'
	PROPERTY AND EQUIPMENT
	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 three
	months ended March 31, 2014 and 2013, respectively.
	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  months ended March 31, 2014 and 2013 is
	$56,259 and $832, respectively.
IMPAIRMENT OF LONG-LIVED ASSETS	'
	IMPAIRMENT OF LONG-LIVED ASSETS
	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 three  months  ended March 31, 2014 and 2013,  respectively
	that would be indicative of possible impairment.
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 $1,714,920  has been fully reserved at March 31, 2014. At March 31, 2014, the
	Company  has  incurred  net   operating   losses  for  income  tax  purposes  of
	approximately  $4,400,000.  Such losses may be carried forward and are scheduled
	to expire in the year  2033,  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, basedupon 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 March 31, 2014,
	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  months ended
	March 31, 2014 and 2013,  the Company had  outstanding  8,077,435 and 2,250,000,
	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 and warrants,  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 March 31,
	2014,  the Company has reported an accumulated  deficit of $3,233,942.  At March
	31, 2014,  the Company has current  assets of $458,484,  including cash and cash
	equivalents of $74,275 and current  liabilities of $1,826,461.  The Company does
	recognize  revenues  from the  properties  it acquired in 2013 and  continues to
	develop these properties to improve production.
	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. See Note 14 - Subsequent Events.
	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
	March 31,  2014,  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.

SHARE_BASED_COMPENSATION_Table

SHARE BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2014
SHARE BASED COMPENSATION [Abstract]	'
Schedule of Outstanding and Vested Options and Warrants	'
	The
	following  table  summarizes  information  related to the outstanding and vested
	options and warrants at March 31, 2014:
	Outstanding and
	Vested Options
	and Warrants
	----------------
	Number of shares
	Non-Qualified stock options                           5,390,000
	2013 Stock Incentive Plan                             2,575,000
	Weighted average remaining contractual life
	Non-Qualified stock options                          3.36 years
	2013 Stock Incentive Plan                            3.52 years
	Weighted average exercise price
	Non-Qualified stock options                               $0.46
	2013 Stock Incentive Plan                                 $0.53
	Number of shares vested
	Non-Qualified stock options                           4,527,900
	2013 Stock Incentive Plan                             1,636,826
	Aggregate intrinsic value
	Non-Qualified stock options                            $229,559
	2013 Stock Incentive Plan                              $158,627
Schedule of Assumptions Used In Valuing Options and Warrants	'
	The fair value of the options and warrants granted and sold were estimated as of
	the grant date using the  Black-Scholes  option pricing model with the following
	assumptions:
	Volatility                         123.60%
	Expected Option Term               2-5 years
	Risk-free interest rate            11%-.17%
	Expected dividend yield            0.00%

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
Schedule of Future Minimum Payments Under Non-cancelable Operating Lease Agreements	'
	The  following  table  summarizes  the  future  minimum
	payments under this non-cancelable lease at March 31, 2014:
	2014              $   49,728
	2015              $   38,677
	2016              $        -
	2017              $        -
	2018              $        -
	---------
	$   88,405

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

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

3 Months Ended

1 Months Ended

1 Months Ended

8 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Jan. 31, 2013

Sep. 07, 2012

Mar. 31, 2014

Dec. 31, 2013

Sep. 07, 2012

Sep. 07, 2012

Sep. 07, 2012

Dec. 31, 2012

Dec. 31, 2012

Jan. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Weld County Colorado [Member]

Weld County Colorado [Member]

Weld County Colorado [Member]

Weld County Colorado [Member]

Weld County Colorado [Member]

Weld County Colorado [Member]

Morgan County Colorado [Member]

Archer County Texas [Member]

Archer County Texas [Member]

Archer County Texas [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

acre

Minimum [Member]

Maximum [Member]

acre

acre

Three Forks LLC [Member]

Members of the Board [Member]

acre

acre

Significant Acquisitions [LineItems]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Working interest

'

'

'

'

'

'

'

'

10.12%

10.50%

76.25%

100.00%

87.00%

2.00%

37.50%

37.50%

75.00%

Number of wells

'

'

'

'

'

5

'

'

'

'

'

9

'

'

'

'

'

Value of oil and gas property

'

'

'

'

'

$1,477,990

'

'

'

'

$14,000

'

'

'

'

'

'

Acres of undeveloped leaseholds

'

'

'

'

'

320

'

'

'

'

120

320

'

'

1,955

'

1,955

Acres of undeveloped leaseholds, net

'

'

'

'

'

'

'

'

'

'

'

290

'

'

'

'

'

Shares issued in acquisition

'

'

'

'

'

700,000

'

'

'

'

'

'

'

'

'

'

'

Share price

'

'

'

'

'

$2

'

'

'

'

'

'

'

'

'

'

'

Value of shares issued in acquisition

'

'

'

'

'

1,400,000

'

'

'

'

'

'

'

'

'

'

'

Liabilities assumed

'

'

'

'

'

91,990

'

'

'

'

'

'

'

'

281,962

'

281,962

Escrow

'

'

'

'

'

55,000

55,163

55,163

'

'

'

'

'

'

'

'

'

Proceeds from sale of disposal group held for sale

'

1,600,000

'

'

1,600,000

'

'

'

'

'

'

'

'

'

'

'

'

Payment to acquire property

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,869,497

Property and Equipment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Capitalized costs inlcuded in amortization base

5,812,630

'

5,614,987

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Depreciation, depletion and amortization

56,259

832

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

(Loss) Per Share

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Antidilutive shares - options, warrants, and contingent shares

8,077,435

2,250,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Going Concern and Managements' Plans

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Deferred tax asset

1,714,920

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net operating loss carryforwards

4,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

NOL Expiration date

31-Dec-33

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accumulated deficit

3,233,942

'

2,508,492

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Current assets

458,484

'

518,186

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

74,275

2,239,757

121,174

492,729

'

'

'

'

'

'

'

'

'

'

'

'

'

Current liabilities

$1,826,461

'

$2,929,355

'

'

'

'

'

'

'

'

'

'

'

'

'

'

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	1 Months Ended	3 Months Ended		3 Months Ended					1 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2013	Mar. 31, 2014
				Affiliate [Member]	Former Board Member and Current Board Member [Member]	Officer and Director [Member]	Officer and Director [Member]	Affiliate and Director [Member]	Tin Cup LLC [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'	'
Due to others - related party	$683,282	'	$812,205	$383,282	'	'	'	'	'
Advances from related party	'	'	'	171,077	'	'	'	'	'
Common shares issued for services, shares	'	175,000	'	'	200,000	'	'	'	'
Common shares issued for services, value	'	15,400	'	'	17,600	'	'	'	'
Price per share	$3	'	'	'	$0.09	'	'	'	'
Consulting fees	'	'	'	'	'	47,000	35,000	55,000	'
Warrants purchased in consideration for and cancellation of debt	1,390,000	'	'	'	'	'	'	'	190,000
Warrant term	'2 years	'	'	'	'	'	'	'	'2 years
Debt cancelled	$1,390,000	'	'	'	'	'	'	'	$190,000

NOTE_RECEIVABLE_Details

NOTE RECEIVABLE (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013	31-May-12
NOTE RECEIVABLE [Abstract]	'	'	'
Promissory note	$100,000	$100,000	$100,000
Accrued interest	$7,342	$6,356	'
Interest rate	'	'	4.00%

DISPOSAL_GROUP_HELD_FOR_SALE_D

DISPOSAL GROUP HELD FOR SALE (Details) (USD $)	3 Months Ended			1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Jan. 31, 2013	Mar. 31, 2013	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 07, 2012	Mar. 31, 2014	Dec. 31, 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]	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]
										Director [Member]	Director [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Number of wells	'	'	'	'	'	'	'	'	5	'	'
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	'	143,608	'	'	143,608	'	'	'	'	'	'
AFE deposit	'	'	'	'	400,000	'	'	'	'	'	'
Due to others - related party	$683,282	'	$812,205	'	'	$400,000	$400,000	'	'	$209,520	$209,520

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended		1 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Jan. 31, 2013	Mar. 31, 2013
			Proved Oil and Gas Properties - Weld County, CO [Member]	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	$1,600,000	'
Gain on disposal of property	'	$143,608	'	$143,608

ASSET_RETIREMENT_OBLIGATIONS_D

ASSET RETIREMENT OBLIGATIONS (Details) (USD $)	Mar. 31, 2014
ASSET RETIREMENT OBLIGATIONS [Abstract]	'
Asset retirement obligation	$307,854

JOINT_VENTURE_AGREEMENT_Detail

JOINT VENTURE AGREEMENT (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
JOINT VENTURE AGREEMENT [Abstract]	'
Costs to drill an oil and gas well	$163,456
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 $)	2 Months Ended	3 Months Ended
	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
MANAGEMENT AGREEMENT [Abstract]	'	'	'
Monthly payment due to management	'	$5,000	'
Percentage of working interest in farmout	'	11.00%	'
Management fees	$32,000	$47,000	'

SECURED_CONVERTIBLE_PROMISSORY1

SECURED CONVERTIBLE PROMISSORY NOTES (Details) (USD $)

1 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

8 Months Ended

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Sep. 30, 2013

Mar. 31, 2014

Dec. 31, 2013

Apr. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Tin Cup LLC [Member]

Tin Cup LLC [Member]

Officer [Member]

Officer [Member]

Director [Member]

Director [Member]

Director [Member]

Officer and Director [Member]

Officer and Director [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

Oil and Gas Property in Lousiana and Texas (Five Jab) [Member]

Short-term Debt [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured convertible promissory notes

'

'

'

$250,000

'

'

'

$300,000

'

'

'

$2,000,000

'

$2,000,000

Working interest

'

'

'

'

'

'

'

'

'

'

'

37.50%

37.50%

75.00%

Current maturities of convertible notes

85,000

1,475,000

'

'

'

'

'

'

'

'

'

1,475,000

'

1,475,000

Promissory note, due date

'

'

'

'

2-Jan-14

'

'

2-Jan-14

'

'

'

30-Sep-14

'

'

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

'

'

Warrants purchased in consideration for and cancellation of debt

1,390,000

'

190,000

'

300,000

'

'

'

'

'

'

'

'

'

Warrant term

'2 years

'

'2 years

'

'2 years

'

'

'

'

'

'

'

'

'

Debt cancelled

1,390,000

'

190,000

'

300,000

'

'

'

'

'

'

'

'

'

Proceeds from convertible promissory notes

'

'

'

'

'

300,000

'

'

300,000

600,000

'

'

'

'

Fee to be received on promissory note due date

'

'

'

'

$7,500

'

'

$7,500

'

'

$15,000

'

'

'

Due date extension

'

'

'

'

2-Apr-14

'

2-May-14

2-Apr-14

'

'

'

'

'

'

SHARE_BASED_COMPENSATION_Narra

SHARE BASED COMPENSATION (Narrative) (Details) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Stock incentive plan, options term	'3 years	'	'
Stock Incentive plan, shares authorized	5,000,000	'	'
Options granted	295,600	'	2,300,000
Warrants granted	'	'	275,000
Exercise price of stock options granted	$1	'	'
Stock based compensation expense	$20,686	$2,967	'
Maximum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Stock incentive plan, options term	'10 years	'	'
Officers and Directors [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Options granted	'	'	175,000
Cashless Stock Option [Member] | Chief Operating Officer [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Stock incentive plan, options term	'5 years	'	'
Options granted	2,250,000	'	'
Exercise price of stock options granted	$0.10	'	'
Cashless Stock Option [Member] | Board Member [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Stock incentive plan, options term	'	'	'5 years
Options granted	'	'	100,000
Exercise price of stock options granted	'	'	0.1
Options and Warrants [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Volatility	123.60%	'	'
Risk-free interest rate, minimum	11.00%	'	'
Risk-free interest rate, maximum	17.00%	'	'
Expected dividend yield	0.00%	'	'
Aggregate intrinsic value	'	$199,810	'
Options and Warrants [Member] | Minimum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expected option term	'2 years	'	'
Options and Warrants [Member] | Maximum [Member]	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'
Expected option term	'5 years	'	'

SHARE_BASED_COMPENSATION_Sched

SHARE BASED COMPENSATION (Schedule of Outstanding and Vested Options) (Details) (Options and Warrants [Member], USD $)	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014
			Non-Qualified stock options [Member]	2013 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of shares	'	'	5,390,000	2,575,000
Weighted average remaining contractual life	'	'	'3 years 4 months 10 days	'3 years 6 months 7 days
Weighted average exercise price	'	'	$0.46	$0.53
Number of shares vested	'	'	4,527,900	1,636,826
Aggregate intrinsic value	'	$199,810	$229,559	$158,627

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	3 Months Ended		12 Months Ended	3 Months Ended	1 Months Ended		12 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014	Nov. 30, 2013	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014
				Maximum [Member]	Consultant [Member]	Shareholders [Member]	Officers and Directors [Member]	Former Officer and Director [Member]
Equity Issuance [Line Items]	'	'	'	'	'	'	'	'
Preferred stock, shares authorized	25,000,000	'	25,000,000	'	'	'	'	'
Preferred stock, no par value	$0	'	$0	'	'	'	'	'
Preferred stock, shares issued	0	'	0	'	'	'	'	'
Preferred stock, shares outstanding	0	'	0	'	'	'	'	'
Common stock, shares authorized	100,000,000	'	100,000,000	'	'	'	'	'
Common stock, par value per share	$0.00	'	$0.00	'	'	'	'	'
Common stock, shares issued	11,506,677	'	11,681,477	'	'	'	'	'
Common stock, shares outstanding	11,506,677	'	11,681,477	'	'	'	'	'
Sale of shares for cash at $3.00 per share, shares	25,200	'	'	'	'	'	'	'
Sale of shares for cash at $3.00 per share	$75,600	'	'	'	'	'	'	'
Price per share	$3	'	'	'	'	'	'	'
Options expiration period	'3 years	'	'	'10 years	'5 years	'	'	'
Shares granted	295,600	'	2,300,000	'	1,000,000	'	175,000	'
Exercise price per share, granted	$1	'	'	'	'	'	'	'
Proceeds from options exercised	295,600	'	'	'	50,000	'	'	'
Common shares issued for services, shares	'	175,000	'	'	'	'	'	'
Common shares issued for services, value	'	15,400	'	'	'	'	'	'
Repurchase of shares, shares	'	'	'	'	'	275,000	'	200,000
Acquired personal property value	'	'	'	'	'	'	'	4,201
Cash paid in exchange for acquisitions	'	'	'	'	'	825,000	'	120,000
Loan assumed	'	'	'	'	'	'	'	25,000
Accrued interest	'	'	'	'	'	'	'	$1,701

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	3 Months Ended		12 Months Ended	3 Months Ended	1 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014	Nov. 30, 2013	Sep. 30, 2012	Sep. 30, 2012	Mar. 31, 2013
				Maximum [Member]	Consultant [Member]	Chief Executive Officer [Member]	Executive Vice President of Finance [Member]	Chief Operating Officer [Member]
Operating Lease	'	'	'	'	'	'	'	'
Rent expense	$16,576	$22,781	'	'	'	'	'	'
2014	49,728	'	'	'	'	'	'	'
2015	38,677	'	'	'	'	'	'	'
2016	'	'	'	'	'	'	'	'
2017	'	'	'	'	'	'	'	'
2018	'	'	'	'	'	'	'	'
Total future minimum payments	88,405	'	'	'	'	'	'	'
Consulting Agreements	'	'	'	'	'	'	'	'
Annual service fee	'	'	'	'	200,000	180,000	'	'
Consulting agreement term	'	'	'	'	'12 months	'4 years	'	'
Options granted	295,600	'	2,300,000	'	1,000,000	'	'	'
Cash received for stock options	295,600	'	'	'	50,000	'	'	'
Exercise price per share	'	'	'	'	$0.01	'	'	'
Options expiration period	'3 years	'	'	'10 years	'5 years	'	'	'
Vesting period	'	'	'	'	'3 years	'	'	'
Employment Agreements	'	'	'	'	'	'	'	'
Base salary	'	'	'	'	'	'	$192,000	$250,000
Employment agreement term	'	'	'	'	'	'	'2 years	'3 years

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	3 Months Ended	12 Months Ended	3 Months Ended	1 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	9-May-14	9-May-14	9-May-14	9-May-14
			Maximum [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Mr. Pollard, COO [Member]	Guaranty Bank and Trust [Member]	Guaranty Bank and Trust [Member]
							Maximum [Member]
Subsequent Event [Line Items]	'	'	'	'	'	'	'
Credit facility, term	'	'	'	'	'	'4 years	'
Credit facility, maximum borrowing capacity	'	'	'	'	'	$50,000,000	'
Credit facility, interest rate	'	'	'	'	'	'	5.00%
Credit facility, amount borrowed	'	'	'	'	'	3,500,000	'
Credit facility, amount borrowed used in transactions	'	'	'	'	'	1,050,000	'
Repayments of notes payable	'	'	'	385,000	300,000	'	'
Credit facility, amount borrowed available for use	'	'	'	'	'	2,450,000	'
Sale of shares for cash at $3.00 per share, shares	25,200	'	'	27,334	'	'	'
Sale of shares for cash at $3.00 per share	75,600	'	'	82,000	'	'	'
Price per share	$3	'	'	$3	'	'	'
Options expiration period	'3 years	'	'10 years	'3 years	'	'	'
Options granted	295,600	2,300,000	'	405,000	'	'	'
Exercise price of stock options granted	$1	'	'	$1	'	'	'
Cash received for stock options	$295,600	'	'	$380,000	'	'	'