Commitments and Contingencies (Details)
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3 Months Ended | 0 Months Ended | |||||||
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Mar. 31, 2015
USD ($)
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Mar. 31, 2015
GBP (£)
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Dec. 31, 2014
USD ($)
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Jun. 30, 2014
USD ($)
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Sep. 30, 2011
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Sep. 30, 2011
Nautilus Purchase and Sale Agreement (PSA)
USD ($)
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Jan. 14, 2013
Sopak Collateral Agreement
Common Stock
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Jan. 14, 2013
Sopak Collateral Agreement
Warrant
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Mar. 31, 2015
MI3
USD ($)
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Purchase Commitment, Excluding Long-term Commitment [Line Items] | |||||||||
Future contingent production payments payable |
$ 5,000,000us-gaap_BusinessCombinationContingentConsiderationArrangementsRangeOfOutcomesValueHigh / us-gaap_BusinessAcquisitionAxis = mpet_NautilusPurchaseAndSaleAgreementPsaMember |
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Number of shares available for purchase |
9,264,637us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued / us-gaap_BusinessAcquisitionAxis = mpet_SopakCollateralAgreementMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
4,347,826us-gaap_BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued / us-gaap_BusinessAcquisitionAxis = mpet_SopakCollateralAgreementMember / us-gaap_StatementEquityComponentsAxis = us-gaap_WarrantMember |
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Cash call, amount | 2,000,000mpet_PrepaymentsandCallsPayableOtherInvestment | ||||||||
Outstanding cash calls | 2,284,000mpet_OutstandingPrepaymentsandCallsPayableOtherInvestment | 1,540,000mpet_OutstandingPrepaymentsandCallsPayableOtherInvestment | |||||||
Percent of interest in contingent payments | 52.00%mpet_BusinessAcquisitionContingentConsiderationPotentialCashPaymentInterestPercentage | ||||||||
Accrued income taxes | 1,650,000us-gaap_AccruedIncomeTaxesCurrent | 1,571,000us-gaap_AccruedIncomeTaxesCurrent | |||||||
Contingent bonuses payable |
$ 255,000mpet_ContingentBonusesPayable / us-gaap_CounterpartyNameAxis = mpet_MI3PetroleumEngineeringMember |
X | ||||||||||
- Definition
Business Combination, Contingent Consideration, Potential Cash Payment, Interest, Percentage No definition available.
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X | ||||||||||
- Definition
Contingent Bonuses Payable No definition available.
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X | ||||||||||
- Definition
Outstanding Prepayments and Calls Payable, Other Investment No definition available.
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X | ||||||||||
- Definition
Prepayments and Calls Payable, Other Investment No definition available.
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X | ||||||||||
- Definition
Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
For contingent consideration arrangements recognized in connection with a business combination, this element represents an estimate of the high-end of the potential range (undiscounted) of the consideration which may be paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Details
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