CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
REVENUES
Oil sales	$ 112,359	$ 45,379	$ 436,199	$ 195,794
Natural gas sales		7,353	3,612	28,293
TOTAL REVENUE	112,359	52,732	439,811	224,087
Production costs - oil	39,085	19,843	199,184	88,264
Production costs - natural gas	4,685	3,347	28,228	6,315
Depreciation, depletion and amortization	112,299	191,329	441,151	555,076
Loss on write-off and sales of leases and equipment		102,515		102,515
Accretion of asset retirement obligation	4,260	3,874	12,781	11,620
General and administrative	140,622	183,314	494,945	675,757
TOTAL OPERATING EXPENSES	300,951	504,222	1,176,289	1,439,547
OPERATING LOSS	(188,592)	(451,490)	(736,478)	(1,215,460)
Interest and financings costs	(32,401)	(68,582)	(99,104)	(209,920)
Miscellaneous income (expense)		54,268		55,352
Loss on initial recording of derivatives		102,515		(342,187)
Gain (loss) on extinguishment and conversion of debt		(57,817)	(1,023,417)	(218,457)
Gain (loss) on change in fair value of conversion option derivative	314,153	178,432	872,052	806,342
Gain (loss) on change in fair value of warrant derivative	(123,695)	249,956	163,336	623,200
Amortization of discount on debentures		(216,374)	(144,814)	(628,939)
TOTAL OTHER INCOME (EXPENSE)	158,057	139,883	(231,947)	85,391
LOSS BEFORE INCOME TAX	(30,535)	(311,607)	(968,425)	(1,130,069)
NET LOSS	$ (30,535)	$ (311,607)	$ (968,425)	$ (1,130,069)
Basic and diluted loss per share		$ (0.01)	$ (0.02)	$ (0.02)
Basic and diluted weighted average shares outstanding	59,618,987	52,134,837	59,618,987	52,134,837