Balance Sheets (USD $)	Jun. 30, 2013	Jun. 30, 2012
Current Assets
Cash	$ 44,101	$ 82,433
Oil and gas sales receivable		819,590
Prepaid expenses	33,826	30,750
Total Current Assets	77,927	932,773
Property and Equipment
Office equipment	30,417	30,417
Leasehold improvements	26,458	26,458
Accumulated depreciation	(42,465)	(37,732)
Net Property and Equipment	14,410	19,143
Other Assets
Investment in oil & gas working interest	1,583,914	1,583,914
Oil & gas sales receivable	2,037,143
Security deposit	16,312	16,312
Total Other Assets	3,637,369	1,600,226
Total Assets	3,729,706	2,552,142
Current Liabilities
Accounts payable	59,683	58,190
Security deposits	13,200	13,200
Note payable	27,378	24,854
Accrued liabilities	254,936	232,216
Total Current Liabilities	355,197	328,460
Total Liabilities	355,197	328,460
Commitments and Contingencies
Stockholders' Equity
Common stock, par value $0.001 per share authorized 80,000,000 shares; 45,242,949 and 39,432,761 shares issued and outstanding, respectively	45,243	39,433
Capital in excess of par value	13,560,821	12,336,385
Preferred Stock, 20,000,000 authorized (none issued)
Accumulated deficit	(10,231,555)	(10,152,136)
Total Stockholders' Equity	3,374,509	2,223,682
Total Liabilities and Stockholders' Equity	$ 3,729,706	$ 2,552,142