Proceeds from sale of common stock
CASH FLOWS FROM INVESTING ACTIVITIES:
CASH FLOWS FROM OPERATING ACTIVITIES:
Sale of common stock in March 2006 at $0.003 per share
Interest expense
Interest expense
Accounts receivable
Stockholders' Equity Note Disclosure
Equity
Debt:
Oil and Gas Exploration and Production Industries Disclosures
Sale of common stock at various dates during the year price per share
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
Depreciation
Common stock shares issued
Current assets:
Statement {1}
Statement
Issuance of common stock for undeveloped property
NONCASH INVESTING AND FINANCING ACTIVITIES:
Effect of currency rate change on cash
Net cash provided by financing activities
Net cash provided by financing activities
Decrease in accounts payable
Decrease in accounts payable
Common stock issued in exchange for investments - shares
Sale of common stock in August 2007 at $0.07 per share
OPERATING EXPENSES:
Preferred stock shares issued
Current Fiscal Year End Date
Income Tax Disclosure
Net (decrease) increase in cash and cash equivalents
Net (decrease) increase in cash and cash equivalents
Purchase of oil and gas properties
Purchase of oil and gas properties
Adjustments to reconcile net loss to net cash (used in) operating activities:
Sale of common stock - shares
Common stock issued in exchange for Union Energy, LLC - shares
Common stock issued in exchange for investment
Statement, Equity Components
Net loss {1}
NET LOSS
Net loss
Deferred
Selling, general and administrative
Common stock par value
Entity Common Stock, Shares Outstanding
Related Party Disclosures
Accounting Policies
Cash and cash equivalents at beginning of period
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
Sale of common stock in August 2007 price per share
Common stock issued in exchange for Union Energy, LLC
Sale of common stock at various dates during the year at $1.25 per share - shares
Sale of common stock in March 2006 at $0.003 per share - shares
Deficit Accumulated During the Development Stage
Comprehensive (loss) income:
Weighted average number of common shares outstanding, basic and diluted
Common stock; $0.001 par value; 750,000,000 shares authorized, 92,582,524 and 80,780,000 shares issued and outstanding as of March 31, 2012 and 2011, respectively
Current liabilities:
Total assets
Total assets
Total property, plant and equipment
Total property, plant and equipment
Oil sands properties, unevaluated
CONSOLIDATED BALANCE SHEETS
Entity Current Reporting Status
Other Assets Disclosure
Common stock issued in exchange for royalty agreement - shares
Net loss per common share (basic and diluted)
Loss from operations
Loss from operations
Commitments and contingencies
Statement
Document and Entity Information
Related Party Transactions Disclosure
Commitment and Contingencies
Going Concern Note
Issuance of common stock in exchange for acquisition of Union Energy, LLC.
(Increase) Decrease in prepaid expenses
(Increase) Decrease in prepaid expenses
CONSOLIDATED STATEMENTS OF CASH FLOWS
Sale of common stock in March 2006 price per share
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY PARENTHETICAL
Sale of common stock in August 2007 at $0.07 per share - shares
Equity Component
Comprehensive loss:
Comprehensive loss:
Total liabilities and stockholders' equity
Total liabilities and stockholders' equity
Total current liabilities
Total current liabilities
CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash used in investing activities
Net cash used in investing activities
Purchases of property and equipment
Purchases of property and equipment
Common stock issued in exchange for royalty agreement
Common stock issued in exchange for investment - shares
Total other assets
Total other assets
Property, plant and equipment:
Other current assets
Entity Voluntary Filers
Amendment Flag
Extractive Industries
Cash paid during the period for interest
Sale of common stock in October 2005 to founders price per share
Fair value of warrants issued in settlement of debt
Total stockholders' equity
Total stockholders' equity
Balance
Balance
Deficit accumulated during exploration stage
Deficit accumulated during exploration stage
Entity Central Index Key
Subsequent Events:
Issuance of common stock in exchange for common stock of an unaffiliated entity
Sale of common stock in October 2005 to founders at $0.0001 per share
OTHER INCOME (EXPENSE)
Preferred stock par value
LIABILITIES AND STOCKHOLDERS' EQUITY
Furniture and equipment, net
Cash
Investments, All Other Investments
Debt Disclosure
Organization, Consolidation and Presentation of Financial Statements
Issuance of common stock for royalty agreements
Net cash used in operating activities
Net cash used in operating activities
Increase in accounts receivable
Increase in accounts receivable
Sale of common stock
Total income taxes
Total income taxes
Foreign exchange expense
Common stock shares outstanding
Common stock to be issued
Accounts payable and accrued liabilities
Investment in affiliated entity
Total current assets
Total current assets
Document Fiscal Period Focus
Entity Filer Category
Commitments and Contingencies Disclosure
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Purchase of investment
Purchase of investment
Decrease in receivables, affiliates
Decrease in receivables, affiliates
Common stock issued in exchange for investments
Cancellation of common stock previously issued to founders - shares
Cancellation of common stock previously issued to founders - shares
Cancellation of common stock previously issued as investment - shares
Cancellation of common stock previously issued as investment - shares
Other Comprehensive Income (loss)
Net loss
Gain (loss) on forgiveness & settlement of debt
(Gain) loss on forgiveness & settlement of debt
Document Period End Date
Income Taxes:
Investment Holdings {1}
Investment Holdings
Investment Holdings
Common stock to be issued in settlement of assumed debt
Common stock to be issued in settlement of assumed debt
Cancellation of common stock previously issued to founders
Cancellation of common stock previously issued to founders
Cancellation of common stock previously issued as investment
Cancellation of common stock previously issued as investment
Additional Paid in Capital {1}
Additional Paid in Capital
Foreign currency translation gain (loss)
Foreign currency translation (loss) gain
Common stock shares authorized
Preferred stock; $0.001 par value; 1,000,000 shares authorized, none issued and outstanding
Deposits {1}
Deposits
Other assets:
Entity Well-known Seasoned Issuer
Subsequent Events
Balance - shares
Balance - shares
Balance - shares
Common Stock
Loss on impairment of oil and gas properties
Impairment of investments in stock and royalty agreements
BALANCE SHEET PARENTHETICAL
Deferred Costs, Capitalized, Prepaid, and Other Assets
Significant Accounting Policies
Cash paid during the period for taxes
Repayments of notes payable
Repayments of notes payable
Sale of common stock in October 2005 to founders at $0.0001 per share - shares
Loss before provision for income taxes
Loss before provision for income taxes
Preferred stock shares authorized
Receivable from affiliated entity
Document Fiscal Year Focus
Financial Instruments Disclosure
Common stock to be issued in settlement of debt
Sale of common stock at various dates during the year at $1.25 per share
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Provision for income taxes:
Impairment of property and equipment
Loss on impairment of fixed assets
Total operating expenses
Total operating expenses
Preferred stock shares outstanding
Entity Public Float
Document Type
Entity Registrant Name
Proceeds from notes payable
Common stock issued in settlement of debt - shares
Common stock issued in settlement of debt
Common Stock To be Issued
Current
CONSOLIDATED STATEMENTS OF OPERATIONS
Accumulated other comprehensive income
Additional paid in capital
Stockholders' equity:
Advances from related parties
ASSETS