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Consolidated Statements of Cash Flows (USD $)
6 Months Ended 103 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Operating Activities      
Net loss $ (648,119) $ (749,656) $ (13,827,772)
Items not affecting cash:      
Share based compensation 80,890 210,962 1,298,313
Bad debts (10,665)   511,575
Depreciation and accretion 65,008 82,278 607,053
Forgiveness of loan payable     (287,406)
Settlement of lawsuit     435,549
Commissions withheld from loans proceeds     121,000
Loss on disposal of assets 64 188 226
Net changes in non-cash working capital (Note 13) 120,696 46,875 (268,954)
Net Cash (Used) in Operating Activities (392,126) (409,353) (11,410,416)
Investing Activities      
Purchase of property and equipment (863) (3,254) (904,472)
Investment in oil and gas properties (41,544) (445,224) (8,616,918)
Long term investments (11,917) (15,678) (259,854)
Cash from acquisition of subsidiary     11,141
Return of costs from farmout agreement     961,426
Net Cash (Used) in Investing Activities (54,324) (464,156) (8,808,677)
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   2,050,000 21,269,499
Proceeds from debenture net of commissions     879,000
Net Cash Provided by Financing Activities   2,001,445 20,496,409
Increase (decrease) in cash and cash equivalents (446,450) 1,127,936 277,316
Cash and cash equivalents, beginning of period 723,766 103,550  
Cash and cash equivalents, end of period 277,316 1,231,486 277,316
Supplemental Cash Flow Information:      
Cash paid for interest