Consolidated Balance Sheets - USD ($)	Sep. 30, 2015	Sep. 30, 2014
Current Assets
Cash and cash equivalents	$ 1,786,270	$ 2,324,755	[1]
Accounts receivable net of allowance of $Nil (September 30, 2014 - $Nil)	301,832	1,050,099	[1]
Prepaid expenses	37,698	43,875	[1]
Total Current Assets	2,125,800	3,418,729	[1]
Long term investments	372,971	409,618	[1]
Oil and gas properties, net, based on full cost method of accounting	20,981,652	20,856,626	[1]
Property and equipment, net	203,970	259,198	[1]
TOTAL ASSETS	23,684,393	24,944,171	[1]
Current Liabilities
Accounts payable and accrued liabilities	272,091	714,198	[1]
Accounts payable and accrued liabilities- related parties	4,833	16,977	[1]
Total Current Liabilities	276,924	731,175	[1]
Asset retirement obligations (Note 10)	426,607	469,013
TOTAL LIABILITIES	703,531	1,200,188	[1]
SHAREHOLDERS' EQUITY
Common Stock: (Note 11) Authorized: 600,000,000 shares at $0.001 par value Issued and outstanding: 229,374,605 shares (September 30, 2014 - 229,326,987 shares)	229,374	229,326	[1]
Additional paid in capital	42,605,007	41,040,447	[1]
Accumulated Deficit	(19,853,519)	(17,525,790)	[1]
Total Shareholders' Equity	22,980,862	23,743,983	[1]
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 23,684,393	$ 24,944,171	[1]

[1] Financial information for 2014 has been recast to reflect retrospective application of the Full Cost method of accounting. See Note 2.