XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Condensed Consolidated Operations (USD $)
3 Months Ended 6 Months Ended 62 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Income Statement [Abstract]          
Oil and natural gas sales $ 711 $ 2,139 $ 1,247 $ 4,044 $ 45,141
Pipeline fees           2,450
Total Revenue 711 2,139 1,247 4,044 47,591
Costs and expenses          
Oil and natural gas production taxes 51 152 90 289 3,249
Oil and natural gas production expenses 262 5,753 505 8,397 107,622
Depreciation and amortization 39 764 70 1,478 16,186
Asset Impairment    46,894    46,894 910,714
Non-cash compensation    88,875    212,754 1,414,291
Bad Debt Expense    7,828    7,828 86,000
General and administrative expense, net of operator's overhead fees 136,352 4,918 241,466 28,085 636,166
Total costs and expenses 136,704 155,184 242,131 305,725 3,174,228
Loss from operations (135,993) (153,045) (240,884) (301,681) (3,126,637)
Other income (expense)          
Other income 9,619    9,619    9,939
Interest income           900
Interest expense (390) (15,740) (776) (31,181) (89,261)
Total other income (expense) 9,229 (15,740) 8,843 (31,181) (78,422)
Net loss (126,764) (168,785) (232,041) (332,862) (3,205,059)
Other comprehensive loss          
Unrealized loss on available for sale securities        1,000   
Net comprehensive loss     $ (232,041) $ (331,862) $ (3,205,059)
Net loss per common share, basic and diluted $ (0.01) $ (0.02) $ (0.01) $ (0.02)  
Weighted average common shares outstanding 21,554,945 17,375,539 21,554,945 17,375,539