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Rental and Other Income
3 Months Ended
Dec. 31, 2012
Rental and Other Income [Abstract]  
Rental and Other Income
16. Rental and Other Income

 

The Company reversed part of the receivables and bad debts for our joint venture co-owners in the period at an amount of $267,962 (Cdn $265,650.86) of which $239,459 was related to a purchase agreement wherein the Company acquired an additional 10% working interest in most of the Sawn Lake oil sands properties where the Company already owns working interests, in exchange for $2,412,960 (Cdn $2,400,000), the discontinuance of two lawsuits, and forgiving the amounts owed and any defaults and penalties that the Company had imposed. This amount it included in Rental and Other Income.