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CONSOLIDATED STATEMENTS OF CASH FLOWS(USD ($))
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income/(loss) $ (199,727) $ 3,792,151
Adjustments to reconcile net income/(loss) to net cash flows from operating activities:    
Impairment and depreciation 1,527 2,934
Accretion of asset retirement obligation 2,216 2,038
Change in fair value of warrant liability   (4,359,100)
Gain on disposal of assets   (2,141)
Changes in operating assets and liabilities:    
Decrease (increase) in receivables 14,514 (13,476)
(Increase) decrease in prepaid expenses (9,220) (3,870)
(Decrease) increase in accounts payable and accrued liabilities including related party payables (15,317) 10,332
Net cash flows from operating activities (206,007) (571,132)
Cash flows from investing activities    
Acquisition of oil and gas properties (2,754) (1,433)
Proceeds from disposal of oil and gas properties   7,390
Acquisition of mineral properties   (484,100)
Net cash flows from investing activities (2,754) (478,143)
Effect of exchange rate changes on cash and cash equivalents (904) (38,582)
Decrease in cash and cash equivalents (209,665) (1,087,857)
Cash and cash equivalents, beginning of period 787,771 2,052,305
Cash and cash equivalents, end of period 578,106 964,448
Supplemental disclosure of cash flow information:    
Interest paid in cash      
Income tax paid in cash