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Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Sep. 30, 2010
Current Assets    
Cash and cash equivalents $ 723,766 $ 103,550
Accounts receivable net of allowance of $350,298 (2010 - $182,201) 34,727 195,751
Accounts receivable - related party (Note 9) 2,522  
Prepaid expenses 48,298 86,717
Total Current Assets 809,313 386,018
Long term investments (Note 8) 247,937 247,473
Oil and gas properties (Note 3) 13,140,951 12,726,396
Property and equipment net of depreciation (Note 7) 425,895 563,860
TOTAL ASSETS 14,624,096 13,923,747
Current Liabilities    
Accounts payable 18,926 42,147
Accounts payable - related parties (Note 9) 202,638 86,774
Deposits on stock subscription (Note 10)   48,555
Total Current Liabilities 221,564 177,476
Asset retirement obligations (Note 11) 387,368 386,934
TOTAL LIABILITIES 608,932 564,410
SHAREHOLDERS' EQUITY    
Common stock: (Note 12) Authorized: 300,000,000 shares at $0.001 par value Issued and outstanding: 136,739,971 shares (September 30, 2010 - 106,774,258 shares) (Note 12) 136,739 106,773
Additional paid in capital 27,058,078 24,743,763
Deficit accumulated during exploration stage (13,179,653) (11,491,199)
Total Shareholders' Equity 14,015,164 13,359,337
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 14,624,096 $ 13,923,747