XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statement of Financial Position (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets    
Cash $ 84,087 $ 432,535
Amounts receivable 3,792 15,646
Prepaid expenses and deposits 4,587 17,558
Due from related parties 4,726 3,200
Total current assets 97,192 468,939
Fixed assets    
Restricted cash 8,481 0
Property and equipment 5,409 6,768
Oil and gas properties 331,204 183,549
Total assets 442,286 659,256
Current liabilities    
Accounts payable and accrued liabilities 47,598 61,328
Total liabilities 47,598 61,328
Commitments and contingencies 0 0
Stockholders' equity (deficit)    
Common stock Authorized: 40,000,000 shares, par value US$0.00001 Issued and outstanding: 20,667,581 shares (2011 - 20,667,581 shares) 212 212
Additional paid-in capital 12,811,461 12,811,461
Accumulated other comprehensive income 201,387 195,570
Deficit accumulated during the exploration stage (12,618,372) (12,409,315)
Total stockholders' equity 394,688 597,928
Total liabilities and stockholders' equity $ 442,286 $ 659,256