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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)
9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ (968,425) $ (1,130,069)
Depreciation, depletion and amortization 441,151 555,076
Accretion of asset retirement obligation 12,781 11,620
Amortization of discount on debentures 144,814 628,939
Loss on initial recording of derivative   342,187
Loss (gain) on extinguishment and conversion of debt 1,023,417 218,457
Loss (gain) on change in fair value of conversion option derivative (872,052) (806,342)
Loss (gain) on change in fair value of warrant derivative (163,336) (623,200)
Common stock issued in consideration of charitable contribution 5,000  
Common stock issued in consideration of services   37,783
Common stock issue in lieu of interest 60,332 64,711
Loss on write-off and sales of leases and equipment   102,515
Stock based compensation 9,438 159,858
Trade accounts receivable 5,230 178,760
Other current assets and other long term assets 925 (55,348)
Accounts payable 88,259 (502,500)
Due to royalty and working interest holders 162,088 (64,863)
Other payables, interest and taxes accrued 29,473 (44,777)
Net cash provided (used) by operating activities (20,905) (927,193)
Purchase of property and equipment   (22,770)
Proceeds from sales of equipment   170,000
Unproved oil and gas additions (1,160) (48,445)
Net cash used by investing activities (1,160) 98,785
Proceeds from sale of common stock   321,000
Proceeds from convertible debentures   500,000
Net cash provided by financing activities   821,000
Net increase (decrease) in cash and cash equivalents (22,065) (7,408)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 52,912 56,280
CASH AND CASH EQUIVALENTS AT END OF PERIOD 30,847 48,872
Accrued payables paid with common stock   38,500
Expiration of option to acquire unproved properties   189,234
Common stock issued for conversion of debentures $ 115,000 $ 530,500