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Consolidated Statements of Cash Flows (USD $)
9 Months Ended 95 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Operating Activities      
Net loss $ (1,048,927) $ (1,008,389) $ (12,540,126)
Items not affecting cash:      
Share based compensation 256,876   1,180,018
Bad debts     352,194
Depreciation and accretion 123,659 162,900 503,566
Forgiveness of loan payable     (287,406)
Settlement of lawsuit     435,550
Commissions withheld from loans proceeds     121,000
Loss on disposal of assets 188   698
Net changes in non-cash working capital (Note 12) 72,713 611,745 (436,457)
Net Cash Provided by (Used in) Operating Activities, Total (595,491) (233,744) (10,670,963)
Investing Activities      
Purchase of property and equipment (3,254) (6,362) (903,609)
Investment in oil and gas properties (456,494) (315,771) (8,597,175)
Long term investments (18,956) (162,773) (266,429)
Cash from acquisition of subsidiary     11,141
Return of costs from farmout agreement     961,426
Net Cash Provided by (Used in) Investing Activities, Total (478,704) (484,906) (8,794,646)
Financing Activities      
Loan payable     275,852
Loan advance - related parties     (811,746)
Note payable repayment     (111,306)
Debenture repayment     (1,004,890)
Deposit on stock subscription     48,555
Proceeds from issuance of common stock 2,001,445   21,220,944
Proceeds from debenture net of commissions     879,000
Net Cash Provided by (Used in) Financing Activities, Total 2,001,445   20,496,409
Increase (decrease) in cash and cash equivalents 927,250 (718,650) 1,030,800
Cash and cash equivalents, beginning of period 103,550 945,835  
Cash and cash equivalents, end of period 1,030,800 227,185 1,030,800
Supplemental Cash Flow Information:      
Cash paid for Interest