CAPITALIZATION OF COSTS INCURRED IN OIL AND GAS ACTIVITIES (Tables)

12 Months Ended

Sep. 30, 2012

Capitalized Costs, Oil and Gas Producing Activities, Gross [Abstract]

Capitalized Costs Relating to Oil And Gas

The following table illustrates capitalized costs relating to oil and gas – producing activities for two fiscal years ended September 30, 2012 and September 30, 2011:

	2012			2011
Unproved Oil and Gas Properties	$	13,222,551		$	13,165,546
Proved Oil and Gas Properties		–			–
Accumulated Depreciation		(32,033	)		(24,595	)
Net Capitalized Cost	$	13,190,518		$	13,140,951