XML 93 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net loss $ (2,040,260)us-gaap_NetIncomeLoss $ (2,463,403)us-gaap_NetIncomeLoss
Items not affecting cash:    
Share based compensation 1,087,356us-gaap_ShareBasedCompensation 125,099us-gaap_ShareBasedCompensation
Bad debts 428us-gaap_ProvisionForDoubtfulAccounts (261,666)us-gaap_ProvisionForDoubtfulAccounts
Depreciation, accretion and depletion 100,610us-gaap_ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion 112,192us-gaap_ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
Forgiveness of loan payable and accounts payable    234,402dwog_ForgivenessOfLoanPayableAndAccountsPayable
Settlement of lawsuit    12,274us-gaap_OtherNoncashExpense
Loss on disposal of assets (386)us-gaap_GainLossOnDispositionOfAssets   
Net changes in non-cash working capital (Note 13) (511,285)us-gaap_IncreaseDecreaseInOperatingCapital (130,005)us-gaap_IncreaseDecreaseInOperatingCapital
Net Cash Used in Operating Activities (1,363,537)us-gaap_NetCashProvidedByUsedInOperatingActivities (2,371,107)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing Activities    
Purchase of property and equipment (2,046)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment   
Investment in oil and gas properties (3,672,309)us-gaap_PaymentsToAcquireOilAndGasProperty (2,566,139)us-gaap_PaymentsToAcquireOilAndGasProperty
Long term investments (80,862)us-gaap_PaymentsToAcquireLongtermInvestments (40,371)us-gaap_PaymentsToAcquireLongtermInvestments
Net Cash Used in Investing Activities (3,755,217)us-gaap_NetCashProvidedByUsedInInvestingActivities (2,606,510)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing Activities    
Payments on loan payable - related parties (189,500)us-gaap_RepaymentsOfRelatedPartyDebt 260,000us-gaap_RepaymentsOfRelatedPartyDebt
Proceeds from issuance of common stock    25,001,500us-gaap_ProceedsFromIssuanceOfCommonStock
Return of capital distribution    (12,895,065)us-gaap_PaymentsOfCapitalDistribution
Net Cash Provided by (Used in) Financing Activities (189,500)us-gaap_NetCashProvidedByUsedInFinancingActivities 12,366,435us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (decrease) in cash and cash equivalents (5,308,254)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 7,388,818us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 7,633,009us-gaap_CashAndCashEquivalentsAtCarryingValue 244,191us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year 2,324,755us-gaap_CashAndCashEquivalentsAtCarryingValue 7,633,009us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Cash Flow Information:    
Cash paid for interest      
Cash paid for income taxes