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Exploration Activities (Tables)

3 Months Ended

Dec. 31, 2012

Cost Incurred in Oil and Gas Property Acquisition, Exploration and Development Activities

The following table presents information regarding the Company’s costs incurred in the oil and gas property acquisition, exploration and development activities for the three months ended December 31, 2012 and the fiscal year ended September 30, 2012:

	December 31, 2012		September 30, 2012

Acquisition of Properties:
Proved	$	–	$	–
Unproved		2,689,694	57,005
Exploration costs		4,325		119,353
Development costs		–		–

- Definition

Tabular disclosure of the aggregate of costs (whether the costs are capitalized or charged to expense at the time they are incurred ) incurred for the year in oil and gas property acquisition, exploration and development activities.

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