Document and Entity Information [Abstract] Document and Entity Information [Abstract] Statement [Table] Statement [Line Items] Document Type Amendment Flag Document Period End Date Document Fiscal Year Focus Document Fiscal Period Focus Entity Registrant Name Entity Central Index Key Current Fiscal Year End Date Entity Filer Category Entity Common Stock, Shares Outstanding Consolidated Balance Sheets [Abstract] Assets [Abstract] ASSETS Unproved Properties Unproven property Deposits Assets Deposits and other assets Assets Total assets Liabilities and Equity [Abstract] LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Accounts Payable, Current Accounts payable Liabilities, Current Total current liabilities Stockholders' Equity Attributable to Parent [Abstract] Stockholders' Equity (Deficit) Common Stock, Value Common shares sold and issued, Value Common stock - 400,000,000 shares authorized; $0.001 par value; 76,120,271 and 50,582,516 shares issued and outstanding, respectively Additional Paid in Capital Additional paid-in capital Retained Earnings (Accumulated Deficit) Accumulated deficit Stockholders' Equity Attributable to Parent Balance Balance Total stockholders' equity (deficit) Liabilities and Equity Total liabilities and stockholders' equity (deficit) Preferred Stock, Par or Stated Value Per Share Preferred stock, par value Preferred Stock, Shares Authorized Preferred stock, shares authorized Preferred Stock, Shares Issued Preferred stock, shares issued Preferred Stock, Shares Outstanding Preferred stock convertible into common stock Preferred stock, shares outstanding Common Stock, Par or Stated Value Per Share Common stock, par value Common Stock, Shares Authorized Common stock, shares authorized Common Stock, Shares, Issued Common shares sold and issued Common stock, shares issued Consolidated Statements of Operations [Abstract] Oil and Gas Revenue Oil and gas revenue Operating Costs and Expenses [Abstract] Costs and Expenses Depreciation, Depletion and Amortization Depletion, depreciation, and amortization General and Administrative Expense General and administrative Nonoperating Income (Expense) [Abstract] Other Income and Expense Investment Income, Interest Interest income Net Income (Loss) Attributable to Parent Net loss Net loss Earnings Per Share, Basic and Diluted Basic and diluted net loss per share Statements of Consolidated Stockholders' Equity [Abstract] Class of Warrant or Right [Axis] Class of Warrant or Right [Domain] February Two Thousand Eleven [Member] February 2011 February two thousand eleven. April Two Thousand Eleven [Member] April 2011 April two thousand eleven. Equity Components [Axis] Equity Component [Domain] Parent [Member] Common Stock [Member] Common Stock Additional Paid-in Capital [Member] Additional Paid-in Capital Retained Earnings [Member] Accumulated Deficit Shares, Issued Balance, shares Balance, shares Issuance of Common Stock and Warrants Value Issuance of common stock and warrants Issuance of common stock and warrants value. Issuance of Common Stock and Warrants Shares Issuance of common stock and warrants, shares Issuance of common stock and warrants shares. Common Stock Issued for Services Value Common stock issued for services Common stock issued for services, value. Common Stock Issued for Services Shares Common stock issued for services, shares Common stock issued for services, shares. Consolidated Statements of Cash Flows [Abstract] Net Cash Provided by (Used in) Operating Activities [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net loss to cash flows from operating activities: Increase (Decrease) in Operating Capital [Abstract] Changes in operating assets and liabilities: Increase (Decrease) in Accounts Payable Accounts payable Net Cash Provided by (Used in) Operating Activities Net cash flows from operating activities Net Cash Provided by (Used in) Investing Activities Net cash flows from investing activities Proceeds from Issuance of Common Stock and Warrants Proceeds from issuance of common stock and warrants Proceeds from issuance of common stock and warrants. Net Cash Provided by (Used in) Financing Activities Net cash flows from financing activities Supplemental Cash Flow Information [Abstract] SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION Interest Noncash Investing and Financing Items [Abstract] NON-CASH INVESTING AND FINANCING ACTIVITIES Summary of Significant Accounting Policies [Abstract] Oil and Gas Properties [Abstract] Full Cost Method of Accounting for Investments in Oil and Gas Properties Disclosure [Text Block] OIL AND GAS PROPERTIES Stockholders' Equity [Abstract] Statement Class of Stock [Axis] Class of Stock [Domain] Organization and Description of Operations [Abstract] Organization and description of operations. Use of Estimates, Policy [Policy Text Block] Use of Estimates Revenue Recognition, Policy [Policy Text Block] Oil and Gas Revenue Recognition Full Cost Method of Accounting for Oil and Gas Properties Policy [Text Block] Full Cost Method of Accounting for Oil and Gas Properties Full cost method of accounting for oil and gas properties. Full Cost Ceiling Test Policy [Text Block] Full Cost Ceiling Test Full cost ceiling test. Earnings Per Share, Policy [Policy Text Block] Earnings (Loss) Per Share Capitalized Costs Relating to Oil and Gas Producing Activities Disclosure [Table Text Block] Capitalized costs related to oil and gas property Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] Summary of outstanding warrants to purchase shares of common stock Capitalized Costs, Accumulated Depreciation, Depletion, Amortization and Valuation Allowance Relating to Oil and Gas Producing Activities Accumulated depletion, depreciation, and amortization Capitalized Costs Related to Oil and Gas Properties [Abstract] Capitalized costs related to oil and gas properties Capitalized costs related to oil and gas properties Capitalized Costs, Oil and Gas Producing Activities, Net Oil and gas properties, net Summary of Significant Accounting Policies (Textual) [Abstract] Summary of Significant Accounting policies (Textual) [Abstract] Summary of significant accounting policies. Summary of Significant Accounting Policies [Table] Summary of significant accounting policies table. Summary of Significant Accounting Policies [Line Items] Summary of significant accounting policies. Range [Axis] Range [Domain] Maximum [Member] Minimum [Member] Warrant [Table] Warrant. Warrant [Axis] Warrant. Warrant [Domain] Warrant. Expiration October Two Thousand Thirteen [Member] Expiration October 2013 [Member] Expiration October two thousand thirteen. Expiration February Two Thousand Fourteen [Member] Expiration February 2014 [Member] Expiration February two thousand fourteen. Expiration April Two Thousand Fourteen [Member] Expiration April 2014 [Member] Expiration April two thousand fourteen. Expiration August Two Thousand Fourteen [Member] Expiration August 2014 [Member] Expiration August two thousand fourteen. Warrant [Line Items] Warrant. Common Stock Fair Value Relative fair value of common stock Common stock fair value. Warrants Fair Value Relative fair value of warrants Warrants fair value. Common Stock, Capital Shares Reserved for Future Issuance Common stock reserved for future issuance Increase (Decrease) in Accounts Receivable Accounts and subscriptions receivable Accounts and subscriptions receivable Interest expense Stock Repurchased and Retired During Period, Value Cancellation of stock by shareholders April 2011 Stock Repurchased and Retired During Period, Shares Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents, end of period Cash and cash equivalents, beginning of period Cash and cash equivalents Accounts Receivable, Net, Current Accounts receivable Assets, Current Total current assets Capitalized Costs, Proved Properties Proven property - net Proven property - net Interest Expense, Debt Payments to Acquire Oil and Gas Property Purchase of oil and gas properties Purchase of oil and gas properties Asset Retirement Obligations, Policy [Policy Text Block] Asset Retirement Obligation Concentration Risk, Credit Risk, Policy [Policy Text Block] Concentration Class of Warrant or Right, Exercise Price of Warrants or Rights Exercise price of warrants Exercise Price Common Stock, Surrendered Common stock, surrendered Common stock, surrendered Preferred Stock, Redemption Price Per Share Preferred stock, redemption price per share Repurchase price of convertible preferred stock Number of Common Stock Granted Number of common stock granted Number of common stock granted. Redeemable Noncontrolling Interest, Equity, Fair Value Total redeemable contingent securities Warrants Expiration Date Warrants expiration date. Expiration Number of Unit Consisted in Restricted Common Stock Number of unit consisted in restricted common stock Number of unit consisted in restricted common stock. Stock Option Granted to Number of Directors Stock option granted to number of directors Stock option granted to number of directors. Stock Option Granted to Number of Employee Stock option granted to number of employee Stock option granted to number of employee. Business Description and Basis of Presentation [Text Block] ORGANIZATION AND DESCRIPTION OF OPERATIONS Significant Accounting Policies [Text Block] SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Stockholders' Equity Note Disclosure [Text Block] STOCKHOLDERS' EQUITY Prepaid Expense, Current Prepaid expenses Oil and Gas Property, Full Cost Method, Net [Abstract] Oil and gas property, plant and equipment Short-term Bank Loans and Notes Payable Note payable to bank Contingent Consideration Contingent consideration Contingent consideration. Liabilities Total liabilities Redeemable Noncontrolling Interest, Equity, Preferred, Fair Value Carrying value of the convertible preferred stock Contingently redeemable convertible preferred stock (100,000,000 shares authorized; $0.001 par value; 1,700,000 and 2,300,000 shares issued and outstanding , respectively; redemption $2.00 per share) Redeemable Noncontrolling Interest, Equity, Common, Fair Value Contingently redeemable common stock Accumulated Other Comprehensive Income (Loss), Net of Tax Accumulated other comprehensive income (loss) Asset Retirement Obligation, Accretion Expense Accretion expense Accretion on asset retirement obligation Consolidated Statements of Comprehensive Loss [Abstract] Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent, Parenthetical Disclosures [Abstract] Other comprehensive loss Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive loss Accumulated Other Comprehensive Income (Loss) [Member] Accumulated other comprehensive gain/(loss) Share-based Compensation Stock-based compensation Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Foreign currency translation Proceeds from Issuance of Preferred Stock, Preference Stock, and Warrants Proceeds from issuance of convertible preferred stock and warrants Other Operating Activities, Cash Flow Statement Non-cash charge to operations Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other assets Net Cash Provided by (Used in) Investing Activities [Abstract] CASH FLOWS FROM INVESTING ACTIVITIES: Net Cash Provided by (Used in) Financing Activities [Abstract] CASH FLOWS FROM FINANCING ACTIVITIES: Cash and Cash Equivalents, Period Increase (Decrease) Net change in cash and cash equivalents Effect of Exchange Rate on Cash and Cash Equivalents Effect of exchange rate changes Increase Decrease in Cash and Cash Equivalents Before Effect of Exchange Rate Change Change in cash and cash equivalents before effect of exchange rate changes Increase decrease in cash and cash equivalents before effect of exchange rate change. Option to Purchase Shares of Common Stock Options to purchase shares of common stock Option to purchase shares of common stock. Purchase of Dilutive Common Share Include Warrant Purchase of dilutive common shares include warrants Purchase of dilutive common share include warrant. Husky Energy Marketing [Member] Husky Energy Marketing [Member] Husky energy marketing. Kelly Maclaskey Oilfield Service Inc [Member] Kelly Maclaskey Oilfield Service Inc [Member] Kelly maclaskey oilfield service inc. Accounts Receivable [Member] Accounts Receivable [Member] Impairment of Oil and Gas Properties Impairment charges Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Domain] Concentration Risk Type [Axis] Concentration Risk Type [Domain] Customer Concentration Risk [Member] Concentration Risk, Customer Concentration Risk, Percentage Asset Retirement Obligation [Abstract] Asset Retirement Obligation Disclosure [Text Block] ASSET RETIREMENT OBLIGATION Note Payable to Bank [Abstract] Debt Disclosure [Text Block] NOTE PAYABLE TO BANK Cash and Cash Equivalents, Policy [Policy Text Block] Cash and Cash Equivalents Trade and Other Accounts Receivable, Policy [Policy Text Block] Accounts Receivable Comprehensive Income, Policy [Policy Text Block] Comprehensive Income Income Tax, Policy [Policy Text Block] Income Taxes Fair Value Measurement, Policy [Policy Text Block] Fair Value Measurements Liquidity Disclosure [Policy Text Block] Liquidity Consolidation, Policy [Policy Text Block] Principles of Consolidation Segment Reporting, Policy [Policy Text Block] Interim Reporting Schedule of Asset Retirement Obligations [Table Text Block] Reconciliation of the asset retirement obligation Asset Retirement Obligation, Liabilities Incurred Liabilities incurred Asset Retirement Obligation, Liabilities Settled Liabilities settled Asset Retirement Obligation, Foreign Currency Translation Foreign currency translation adjustment Asset Retirement Obligation Asset Retirement Obligation, Ending Balance Asset Retirement Obligation, Beginning Balance Asset retirement obligations Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] Reconciliation of the asset retirement obligation Preferred Stock Fair Value Relative fair value of preferred stock Preferred stock fair value. Common Stock Surrendered by Number of Executives Number of executives surrendered common stock Common stock surrendered by number of executives. Effective Conversion Price in Option Valuation Effective conversion price Effective conversion price in option valuation. Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate Expected volatility, common stock granted Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate Risk free rate, common stock granted Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term Expected life, common stock granted Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized Authorized shares available under the stock incentive plan Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options Options to purchase of stock exercisable Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term Remaining contractual term Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value Weighted average grant date fair value of stock options granted Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price Weighted average exercise price of stock options granted and exercisable Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Stock Options Total unrecognized compensation cost related to unvested stock options Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition Weighted average period Note Payable (Textual) [Abstract] Notes payable. Line of Credit Facility, Maximum Borrowing Capacity Line of credit facility borrowing capacity description Revolving credit facility, maximum borrowing capacity Letter Of Guarantee Outstanding Letter of guarantee outstanding. Letter of guarantee outstanding Bridge Loan Bridge demand loan Cancellation of stock by shareholders April 2011, shares Stock Issued During Period, Shares, Issued for Services Issued common stock for services Stock Issued During Period, Value, Issued for Services Fair value of common stock as component of general administrative expenses August Two Thousand Eleven [Member] August 2011 August two thousand eleven. Operating Income (Loss) Operating Loss Nonoperating Income (Expense) Total other income and expense Operating Costs and Expenses Total costs and expenses Bp Canada Energy [Member] BP Canada Energy [Member] Bp Canada energy. Common Stock, Shares, Outstanding Common stock, shares outstanding Redeemable Convertible Preferred Stock [Member] Redeemable Convertible Preferred Stock October Two Thousand and Eleven [Member] October 2011 October two thousand and eleven. Stock Issued During Period, Shares, New Issues Issuance of common stock, shares Stock Issued During Period, Value, New Issues Issuance of common stock Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments Conversion of convertible preferred stock to common stock Stock Issued During Period, Shares, Conversion of Convertible Securities Conversion of convertible preferred stock to common stock, shares Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition Stock based compensation Percentage of Capitalized Costs Related To Estimated Future Net Revenue Exceed Ceiling Limitations Percentage of capitalized costs related to estimated future net revenues exceed ceiling limitations Percentage of capitalized costs related to estimated future net revenue exceed ceiling limitations. Maximum Period of Collection of Revenue from Oil and Gas Production Maximum period of collection of revenue from oil and gas production Maximum period of collection of revenue from oil and gas production. Number of Day for Settlement Number of day for settlement Number of day for settlement. Income Tax Examination Likelihood of Settlement Percentage Tax position recognition percentage Income tax examination likelihood of settlement percentage. Debt Instrument, Interest Rate, Stated Percentage Interest, prime rate Debt Instrument, Basis Spread on Variable Rate Interest, additional rate Debt Instrument, Collateral Fee Facevalue of debentures, given as collateral Line of Credit Facility, Unused Capacity, Commitment Fee Percentage Interest rate for portion of undrawn credit facility Schedule of Long-term Debt Instruments [Table] Long-term Debt, Type [Axis] Long-term Debt, Type [Domain] Revolving Credit Facility [Member] Revolving credit facility [Member] Bridge Loan [Member] Bridge loan [Member] Debt Instrument [Line Items] Issuance of Restricted Stock as Part of Compensation Issuance of restricted stock as part of compensation Issuance of restricted stock as part of compensation. Aggregate Indebtedness to Bank Aggregate indebtedness to bank Aggregate indebtedness to bank. Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period Options exercised, forfeited or expired Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value Aggregate intrinsic value of outstanding stock options Treasury Stock Acquired, Average Cost Per Share Repurchase price per share Equity Method Investment, Ownership Percentage Ownership percentage from VWAP calculation Mezzanine Equity Period Increase Decrease Reduction in mezzanine equity Changes in mezzanine equity over the period. Stock Issued During Period, Shares, Issued for Noncash Consideration Agreed to issuance for convertible preferred stock holders as consideration to option waive Stock Issued During Period, Shares, Acquisitions Stock issued on the closing of the asset acquisition Interest Paid Allowance for Doubtful Accounts Receivable, Current Allowance for doubtful accounts Maturity of Short Term Investment Short-term investments maturity Maturity of short term investment. Subsequent Event [Abstract] Subsequent Events [Text Block] SUBSEQUENT EVENT Assets, Current [Abstract] Current Assets Liabilities, Current [Abstract] Current Liabilities Summary of Outstanding Warrants to Purchase Shares of Common Stock [Abstract] Summary of outstanding warrants to purchase shares of common stock Summary of outstanding warrants to purchase shares of common stock. Summary of Outstanding Warrants to Purchase Shares of Common Stock (Textual) [Abstract] Stockholders' Equity (Textual) [Abstract] Summary of outstanding warrants to purchase shares of common stock. Ratio of Indebtedness to Net Capital Working capital ratio, exclusive of bank indebtedness Oil and Gas Property, Full Cost Method, Net Total oil and gas properties, net Results of Operations, Expense from Oil and Gas Producing Activities Production expenses Business Combination, Acquisition Related Costs Change in value of the contingent consideration liability Change in value of the contingent consideration liability Change in value of contingent consideration liability Weighted Average Number of Shares Outstanding, Basic and Diluted Basic and diluted weighted average shares outstanding Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax Foreign currency translation adjustment Foreign currency translation adjustment Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] Stock-based compensation Proceeds from Notes Payable Payments on note payable to bank Class Of Warrant Or Right Exercise Period Class of Warrant or Right Exercise Period. Exercise Period of Warrants Shares Issued During Period Value Issued For Cash Gross proceeds from issue of shares, value Shares Issued during period value issued for cash. Equity Issuance, Per Share Amount Private placement for unit, price per unit Shares Issued During Period Shares Issued For Cash Private placement for units Shares issued during period shares issued for cash. Capitalized Costs, Mineral Interests in Proved Properties Proven property, net of impairment Class of Warrant or Right, Outstanding Outstanding warrants exercised Shares of Common Stock Issuable Warrants Outstanding Class of Warrant or Right, Date from which Warrants or Rights Exercisable Depletion Depreciation Amortization And Impairment Depletion, depreciation, amortization and impairment The aggregate expense recognized as depletion, depreciation, amortization and impairment from the use of the assets. Common Stock Issued For Contingent Consideration Common stock issued for contingent consideration Common stock issued for contingent consideration. Common Stock Classified As Contingently Redeemable Common stock classified as contingently redeemable. Common stock classified as contingently redeemable Issuance Of Common Stock To Settle Contingent Consideration Obligation Issuance of common stock to settle contingent consideration obligation. Issuance of common stock to settle contingent consideration obligation, shares Issuance Of Common Stock To Settle Contingent Obligation Issuance of common stock to settle contingent consideration obligation. Issuance of common stock to settle contingent consideration obligation Lincoln Park Capital [Member] Lincoln Park Capital [Member] Lincoln park capital. Proceeds From Sale of Interest Gross proceeds from the sale of interest (Swan Hills area of Alberta ) Proceeds from sale of interest. Increment to Common Stock Increment of common stock Increment to common stock. Addition to Current Prime Rate Addition to current prime rate Addition to current prime rate. Current Prime Rate Current prime rate Current prime rate. Accelerated Share Repurchases, Initial Price Paid Per Share Repurchase share price Sale of Stock, Price Per Share Share floor price Sales of Equity to Finance Leveraged Buyout Sale of common stock Equity Financing for Leveraged Buyout Equity financing Line of Credit Facility, Remaining Borrowing Capacity Outstanding balance Line of Credit Facility, Periodic Payment Monthly payments for line of credit Line of Credit Facility, Commitment Fee Amount Non-refundable bridge fee Line of Credit Facility, Interest Rate Description Line of credit facility interest rate description Line of Credit Facility, Current Borrowing Capacity Original credit facility under the revolving line of credit Bank lending limits Line of Credit Facility, Borrowing Capacity, Description Revolving bank line borrowing description Common Stock Issued to Sovereign Common stock issued to Sovereign Common stock issued to Sovereign. Gibson Petroleum [Member] Gibson Petroleum [Member] Gibson Petroleum. Redeemable Noncontrolling Interest Equity Preferred Shares Convertible preferred stock shares Redeemable noncontrolling interest equity preferred Fair value. Liquidity [Member] Liquidity. Liquidity [Member] Purchase of Common Stock Purchase of common stock Purchase of common stock. Maximum Limit for Pro Rata of Shares Maximum limit for pro rata of shares Maximum limit for pro rata of shares. Cash Received for Sale of Shares Cash received for sale of shares Cash received for sale of shares. Stockholders' Equity [Table] Stockholders' equity. Stockholders' Equity [Line Items] Stockholders' equity. Red Earth [Member] Red Earth [Member] Red Earth. Common Stock Issued. Common stock issued. Common stock issued Line of Credit Facility, Frequency of Payments Number of monthly Payment Subsequent Event (Textual) [Abstract] Subsequent event. Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves, Future Net Cash Flows Discounted future net cash flows Line Of Credit Facility [Axis] Line Of Credit Facility Lender [Domain] Line Of Credit Facility [Table] Line Of Credit Facility [Line Items] Temporary Equity, Aggregate Amount of Redemption Requirement Aggregate redemption value May Two Thousand And Twelve [Member] May 2012 May two thousand and twelve. June Two Thousand And Twelve [Member] June 2012 June two thousand and twelve. [] Proceeds from Sale of Oil and Gas Property and Equipment Proceeds from sale of oil and gas properties Share-based Goods and Nonemployee Services Transaction, Cash Flow Effects Issuance of Common Stock for Services North Dakota [Member] North Dakota [Member] North dakota. Swan Hills [Member] Swan Hills [Member] Swan hills. Payments In Connection With Bridge Loan Payments in connection with bridge loan Payments in connection with bridge loan. Payments to Acquire Other Productive Assets Gross proceeds from the sale of divide county assets Floor Price Of Derivatives Floor price Derivative floor price. Issuance of convertible preferred stock and warrants August 2011,Shares Convertible Preferred Stock, Shares Issued upon Conversion Proceeds from Sale of Other Assets Gross proceeds from the sale of interest (Swan Hills area of Alberta ) Reduction In Credit Facility Reduction in credit facility. Reduction in credit facility