CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended		89 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss for the period	$ (1,124,756)	$ (526,173)	$ (10,249,079)
Depreciation and amortization	478	478	22,824
Share-based services	226,914		4,464,488
Beneficial conversion feature on warrant issue			230,900
Loss on disposal of property and equipment			5,879
Property and equipment traded for services			24,805
Change in prepaid expenses	(27,810)	59,191	(48,221)
Change in accounts payable & accrued expenses	68,965	79,018	85,390
Cash flows used in operating activities	(856,209)	(545,522)	(5,463,014)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of oil and gas properties	(219,093)		(219,093)
Purchase of property and equipment			(54,197)
Proceeds from disposal of property and equipment			494
Cash flows used in investing activities	(219,093)		(272,796)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from related party loans	556,060		592,639
Cash received in recapitalization of the Company			184
Proceeds from note payable			50,000
Proceeds from issuance of common stock			4,412,000
Offering costs from issuance of common stock			(4,000)
Net advances			896,667
Cash flows provided by financing activities	556,060		5,947,490
Net increase (decrease) in cash and cash equivalents	(519,242)	(545,522)	211,680
Cash and cash equivalents, beginning of the period	730,922	1,993,751
Cash and cash equivalents, end of the period	211,680	1,448,229	211,680
SUPPLEMENTAL CASH FLOW INFORMATION:
Interest paid			2,881
Income taxes paid
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Non-monetary net liabilities assumed in recapitalization			101,956
Properties acquired through assumption of debt	2,134,949		2,134,949
Common stock issued for debt			1,000
Stock warrants issued for acquisition of mineral properties			16,859,008
Stock warrants rescinded and cancelled		15,547,500	15,547,500
Stock warrants rescinded and cancelled			1,311,508
Issuance of common stock warrants			$ 2,821,069