CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Revenue
Oil and gas sales	$ 32,787	$ 39,846
Expenses
Lease operating expenses	21,237	24,988
Exploration costs	227,944
Project research and development	36,851
General and administrative expenses	536,090	322,618
Impairment and depreciation	3,264	79,245
Total operating expenses	825,386	426,851
Operating Loss	(792,599)	(387,005)
Other income / (expense)
Change in fair value of warrant liability	5,248,041	(3,879,621)
Gain on disposal of assets	2,140
Net income (loss) attributable to common stockholders	$ 4,457,582	$ (4,266,626)
Earnings per share - basic
Income (loss) per common share	$ 0.07	$ (0.07)
Weighted average shares outstanding	63,075,122	63,075,122
Earnings per share - diluted
Income (loss) per common share	$ 0.07	$ (0.07)
Weighted average shares and dilutive potential common shares outstanding	63,075,122	63,075,122