XML 12 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Statements of Operations (Unaudited) (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Statements Of Operations    
Revenue - Oil and gas royalties $ 312,119 $ 307,160
General and Administrative Expenses    
Administrative salaries 105,536 104,994
Legal and professional 65,767 53,618
General and administrative 51,908 42,465
Office overhead expenses 10,684 15,487
Depreciation 1,137 1,183
Total Expenses 235,032 217,747
Operating Income 77,087 89,413
Other Income and (Expense)    
Interest expense (2,523) (2,308)
Total Other Income and (Expense) (2,523) (2,308)
Income Before Tax 74,564 87,105
Income Tax      
Net Income $ 74,564 $ 87,105
Earnings per Share    
Basic $ 0 $ 0
Fully Diluted $ 0 $ 0
Weighted Average Number of Shares Outstanding    
Basic 45,736,427 39,994,066
Fully Diluted 50,596,427 42,354,066