CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Dec. 31, 2011
Cash and cash equivalents	$ 211,680	$ 730,922
Prepaid consulting	20,411	20,411
Total Current Assets	232,091	751,333
Reclamation deposit	27,810
Office equipment	2,870	2,870
Less: accumulated depreciation	(1,674)	(1,196)
Property and equipment, net	1,196	1,674
Oil and gas properties, net	2,354,042
Total Assets	2,615,139	753,007
Accounts payable	2,199,614
Due to related parties	592,639	36,579
Accrued expenses	15,223	10,923
Total Liabilities	2,807,476	47,502
Preferred stock, par value $0.0001, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.0001, 500,000,000 shares authorized, 101,207,623 shares issued and outstanding	10,121	10,121
Additional paid in capital	6,846,127	6,619,213
Common stock warrants	3,200,494	3,200,494
Deficit accumulated during the exploration stage	(9,985,577)	(9,124,323)
Total Spectral Capital Corporation Stockholders' Equity (Deficit)	71,165	705,505
Non-controlling interest	(263,502)
Total Stockholders' Equity (Deficit)	(192,337)	705,505
Total Liabilities and Stockholders' Equity (Deficit)	$ 2,615,139	$ 753,007