v2.4.0.6
Statements of Cash Flows (USD $)
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (806,023) $ 1,466,485
Disposal of subsidiary 464,207 (1,572,271)
Gain on beneficial conversion (27,945)  
Amortization of debt discount 27,845  
Shares issued for compensation 146,500 35,000
Shares issued to consultants 240,000  
Issuance of stock options 16,403  
Increase (decrease) in assets    
Prepaid expenses and other current assets 15,285  
Increase (decrease) in liabilities    
Accounts payable 6,307 82,041
Accounts payable - related 184,083  
Cash 8  
Accrued interest 1,263 68,903
Accrued interest - related parties (20,087)  
Net assets available for disposal (397,029)  
Accrued expenses 110,552  
Net cash flows provided (used) by operating activities (38,631) 80,158
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of oil and gas properties (500,000)  
Purchase of oil and natural gas properties (30,269) (40,000)
Net cash flows (used) by investing activities (530,269) (40,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Notes payable - related party 500,000  
Notes receivable (5,630)  
Notes payable 88,000  
Net cash flows provided by financing activities 582,370  
NET INCREASE (DECREASE) IN CASH 13,470 40,158
CASH, BEGINNING OF PERIOD   509
CASH, END OF PERIOD 13,470 40,667
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid during the period for interest      
Shares issued to settle note payable 600,000  
Shares issued to settle accrued expenses $ 600,000 $ 35,000