Segment and Geographic Information

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 21– Segment and Geographic Information

We have determined we have one reportable operating segment being the acquisition, exploration and development of oil and gas properties. Our operations are conducted in geographic areas as follows:

		2012				2011				2010
		Revenue		Long-lived Assets		Revenue		Long-lived Assets		Revenue		Long-lived Assets
United States	$	11,877	$	123,977	$	18,337	$	139,236	$	11,174	$	115,114
United Kingdom		207,181		1,189,870		41,754		650,943		60,501		486,467
Other		-		2,264		-		1,287		-		877
Total	$	219,058	$	1,316,111	$	60,091	$	791,466	$	71,675	$	602,458
Total International	$	207,181	$	1,192,134	$	41,754	$	652,230	$	60,501	$	487,344