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CONSOLIDATED STATEMENTS OF CASH FLOWS(USD ($))
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income (loss) $ (161,191) $ 2,622,934
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Impairment and depreciation 481 2,604
Accretion of asset retirement obligation 1,468 1,328
Change in fair value of warrant liability   (3,000,648)
Changes in operating assets and liabilities:    
Decrease (increase) in receivables 9,858 (12,270)
(Increase) decrease in prepaid expenses (7,275)  
(Decrease) increase in accounts payable and accrued liabilities including related party payables (24,797) (9,906)
Net cash flows from operating activities (181,456) (395,958)
Cash flows from investing activities    
Acquisition of oil and gas properties (2,754) (1,433)
Acquisition of mineral properties   (514,155)
Net cash flows from investing activities (2,754) (515,588)
Effect of exchange rate changes on cash and cash equivalents (904) (8,010)
Decrease in cash and cash equivalents (185,114) (919,556)
Cash and cash equivalents, beginning of period 787,771 2,052,305
Cash and cash equivalents, end of period $ 602,657 $ 1,132,749