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Statements of Operations (Unaudited, USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Unaudited
       
Revenue:        
Petroleum Sales $ 0 $ 0 $ 0 $ 0
Total Petroleum Sales 0 0 0 0
Production and operating 0 71,896 (11,279) 81,826
General and administrative 56,777 71,369 137,510 138,430
Total costs and expenses 56,777 143,265 126,231 220,256
Operating loss (56,777) (143,265) (126,231) (220,256)
Interest income 2 1,266 10 2,907
Interest expense (1,000)      
Total other income (expense) (998) 1,266 (1,240) 2,907
Net income (loss) $ (57,775) $ (141,999) $ (127,471) $ (217,349)
Net income (loss) per common share, basic and diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average of common shares basic and diluted 83,564,235 78,776,024 83,342,735 77,931,359