Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Current Assets:
Cash	$ 1,060,212	$ 1,206,177
Receivable from sale of bidding rights and oil and gas properties (net of allowance for doubtful accounts of $3,200,069 as of March 31, 2015 and December 31, 2014, respectively)
Total current assets	1,060,212us-gaap_AssetsCurrent	1,206,177us-gaap_AssetsCurrent
Investment in mineral properties	53,255us-gaap_MineralPropertiesNet	55,023us-gaap_MineralPropertiesNet
Investments in unproved oil and gas properties	325,563	336,383
Other assets	6,368us-gaap_OtherAssetsNoncurrent	6,368us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS	1,445,398us-gaap_Assets	1,603,951us-gaap_Assets
Current Liabilities:
Accounts payable	16,173us-gaap_AccountsPayableCurrent	13,679us-gaap_AccountsPayableCurrent
Accrued expenses	55,505us-gaap_AccruedLiabilitiesCurrent	57,614us-gaap_AccruedLiabilitiesCurrent
Note payable	15,000us-gaap_NotesPayableCurrent	15,000us-gaap_NotesPayableCurrent
Liabilities for uncertain tax positions	26,663	27,549
Total current liabilities	113,341us-gaap_LiabilitiesCurrent	113,842us-gaap_LiabilitiesCurrent
Total liabilities	113,341us-gaap_Liabilities	113,842us-gaap_Liabilities
Commitments and Contingencies
Stockholders' Equity:
Preferred stock $0.0001 par value-authorized 10,000,000 shares; no shares issued and outstanding at December 31, 2014 and 2013, respectively
Common stock $0.0001 par value - authorized 250,000,000 shares; 32,338,826 shares issued and outstanding at December 31, 2014 and 2013, respectively	3,233us-gaap_CommonStockValue	3,233us-gaap_CommonStockValue
Additional paid-in capital	7,143,356us-gaap_AdditionalPaidInCapital	7,118,982us-gaap_AdditionalPaidInCapital
Accumulated deficit	(5,241,169)	(5,100,542)
Accumulated other comprehensive loss	(573,363)	(531,564)
Total stockholders' equity	1,332,057us-gaap_StockholdersEquity	1,490,109us-gaap_StockholdersEquity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,445,398	$ 1,603,951

Receivable from sale of bidding rights and oil and gas properties current.

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