CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended		84 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011
Cash flows from operating activities:
Net loss	$ (535,806)	$ (1,050,802)	$ (39,308,876)
Non-controlling interest			(3,679,096)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion, depreciation and amortization	2,911	5,099	478,314
Write-off of property and equipment			4,984
Realized loss (gain) on sale of marketable securities	102,451	(305,128)	(1,066,328)
Loss from redemption of preferred shares			105,376
Gain (loss) on sale of Peace Oil property and Peace Oil Corp., net of  liabilities			(1,525,105)
Share of affiliate loss			2,099,663
Impairment of oil and gas properties	75,000	615,741	10,085,117
Amortization/write-off of debt discount-beneficial conversion feature of convertible debenture			1,022,492
Impairment of marketable securities			1,786,498
Share-based compensation	95,990	102,720	6,958,540
Gain/loss on revaluation of warrant liabilities			431,261
Warrant expense			445,352
Interest on Gemini note			230,000
Amortization of deferred compensation costs			3,039,038
Amortization of discount attributable to note receivable			(137,500)
Amortization of discount attributable to warrants			629,192
Beneficial conversion feature in connection with issuance of convertible notes payable			1,076,575
Debt discount			1,010,679
Founders stock			4,265,640
Changes in operating assets and liabilities:
Other receivable	10,000	(10,000)	(132,384)
Prepaid expense and other assets	(3,828)	53,194	(35,257)
Other assets			80,958
Accounts payable and accrued liabilities	156,512	(15,399)	954,629
Income taxes payable
Net cash used in operating activities	(96,770)	(604,575)	(11,180,238)
Cash flows from investing activities:
Purchases of property and equipment	(1,525)	(845)	(117,425)
Production payment advanced
Proceeds from sale of marketable securities		399,873	589,506
Proceeds from sale of investment			600,000
Payment for note receivable			137,500
Proceeds from note receivable			(275,000)
Purchase of oil and gas properties		(5,000)	(13,370,529)
Deposits			(9,913)
Proceeds from sale of oil leases			6,314,820
Consideration paid on sale of subsidiary			(1,533,395)
Asset Retirement Obligation			61,773
Proceeds from disposition of Peace Oil property			14,071,294
Purchase of marketable securities			(5,475,727)
Gemini note repayment			(1,380,000)
Deduct June 2006 Signet cash balance			(5,626,405)
Net cash provided by (used in) investing activities	(1,525)	394,028	(6,013,501)
Cash flows from financing activities:
Proceeds from sale of common stock, net of costs and fees	67,500	218,500	4,411,013
Repurchase of common stock			(33,933)
Principal payments on note payable		(65,357)	(225,000)
Proceeds from exercise of options			97,717
Proceeds from equity to debt conversion			250,000
Net (payments for) proceeds from Joint Venture Partner cash call obligations			125,000
Proceeds from convertible debentures			1,710,000
Proceeds from note payable, gross	45,000		10,466,933
Proceeds from Signet stock, net of costs and fees			1,769,602
Deferred financing costs			(1,208,375)
Net cash (used in) provided by financing activities	112,500	153,143	17,362,957
Effect of exchange rates on cash and cash equivalents		1,102	(314,494)
Net  increase (decrease) in cash and cash equivalents	14,205	(56,302)	(145,276)
Cash and cash equivalents at the beginning of the period	454	56,756	159,935
Cash and cash equivalents at the end of the period	14,659	454	14,659
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for interest	5,480	171	519,012
Cash paid during the period for taxes
Supplemental Disclosures of NonCash Transactions:
Common stock issued in exchange for convertible notes payable			1,710,000
Cancellation of common shares			1,000
Unrealized (gain) loss on available for sale securities	381,402		381,402
Note payable issued for investment			225,000
Exchange of North Peace shares for common shares			35,000
Amortization of debt discount beneficial conversion feature of convertible debenture			2,099,067
Andora shares issued on settlement of litigation		570,780	645,780
Andora shares issued in lieu of cash compensation	$ 67,500	$ 218,500	$ 23,975