v2.4.0.8
Consolidated Balance Sheets-Restated (USD $)
Dec. 31, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 528 $ 7,618
Note receivable and advances-related party    203,315
Prepaid expenses    12,460
Total current assets 528 223,393
OIL & GAS PROPERTIES(FULL COST METHOD):    
Evaluated 71,000 71,000
Mineral rights 14,930 18,455
Gross oil & natural gas properties 85,930 89,455
TOTAL ASSETS 86,458 312,848
CURRENT LIABILITIES:    
Accounts payable 119,258 108,144
Accrued expenses 52,238 91,097
Cash overdraft      
Net assets available for disposal      
Accrued interest payable 33,813 9,876
Beneficial conversion feature 106,071 101,561
Note Payable 30,000   
Convertible notes payable, net of debt discount of $41,112 and $22,055 150,000 196,888
Total current liabilities 491,380 507,566
LONG TERM LIABILITIES:    
Due to related party 40,000   
Total long term liabilities 40,000 0
Total liabilities 531,380 507,566
STOCKHOLDERS' EQUITY:    
Common stock, $0.001 par value, 500,000,000 shares authorized for 2012 and $.01 par value,50,00,0000 shares authorized for 2011, 113,853,237and 32,519,433 issued and outstanding 113,853 325,194
Stock subscription receivable    (62,135)
Additional paid in capital 13,482,569 11,863,261
Accumulated deficit (14,041,344) (12,321,038)
Total stockholders' equity (deficit) (444,922) (194,718)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 86,458 312,848
Series A Preferred Stock
   
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value      
Series B Preferred Stock
   
STOCKHOLDERS' EQUITY:    
Preferred Stock, Value