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Note 7 - Related Party Transactions (Details) (USD $)
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3 Months Ended | 3 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
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Mar. 31, 2014
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Mar. 31, 2014
Donna Steward
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Dec. 31, 2013
Donna Steward
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Mar. 31, 2014
Charles Snipes
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Dec. 31, 2013
Charles Snipes
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Mar. 31, 2014
Robert Anderson
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Dec. 31, 2013
Robert Anderson
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Mar. 31, 2014
Mike King
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Dec. 31, 2013
Mike King
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Mar. 31, 2014
Texas Gulf Exploration & Production Inc.
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| Gain on sale of wholly owned subsidiary | $ 139,050 | |||||||||
| Long-Term Note | 300,000 | |||||||||
| Total Notes Payable | $ 3,750 | $ 3,000 | $ 1,500 | $ 750 | $ 750 | $ 0 | $ 11,250 | $ 9,000 | ||
| Stated Interest Rate | 8.00% | |||||||||
| Service Fee | 10.00% |
| X | ||||||||||
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- Definition
The fee percentage for the right of first refusal to provide wellhead services for oil and gas wells. No definition available.
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| X | ||||||||||
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- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss), after tax expense or benefit and not previously recognized, resulting from the sale of a business component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount for notes payable (written promise to pay), due to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net amount of the investment in a contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include, but are not limited to, credit card receivables, notes receivable and receivables relating to lessor's rights to payments from leases other than operating leases that have been recorded as assets. Excludes trade accounts receivable with contractual maturity of one year or less and arose from the sale of goods or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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