Statement of Cash Flows (USD $)	9 Months Ended		77 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
Operating activities
Net loss for the period	$ (209,057)	$ (345,073)	$ (12,567,787)
Adjustments to reconcile net loss to net cash used in operating activities:
Accretion of discount on convertible note payable	0	109,946	146,205
Deferred income tax recovery	0	0	(291,060)
Depletion	0	0	1,256,066
Depreciation	1,359	1,410	7,599
Gain on sale of marketable securities	0	0	(4,635)
Gain on sale of oil and gas properties	0	0	(381,166)
Gain loss on settlement of debt	0	(4,886)	(346,663)
Impairment of oil and gas costs	0	0	2,984,236
Interest accrued on notes payable	0	0	20,392
Shares and warrants issued for services	0	0	386,975
Shares issued for consulting services	0	0	508,785
Stock-based compensation	0	0	2,014,106
Write-off of exploration advances	0	0	37,558
Changes in operating assets and liabilities
Amounts receivable	11,854	(3,252)	(3,792)
Prepaid expenses and deposits	12,971	(35,176)	(4,627)
Accounts payable and accrued liabilities	(13,730)	(7,035)	1,007,550
Due from related parties	(1,526)	(2,065)	60,262
Net cash used in operating activities	(198,129)	(286,131)	(5,169,996)
Investing activities
Cash acquired through recapitalization	0	0	320
Restricted cash	(8,481)	0	(8,481)
Exploration advances	0	0	(270,919)
Loan receivable	0	0	(572,000)
Proceeds from sale of oil and gas properties	0	0	50,000
Proceeds from sale of marketable securities	0	0	79,635
Oil and gas properties expenditures	(147,655)	0	(4,076,186)
Purchase of property and equipment	0	0	(13,008)
Net cash used in investing activities	(156,136)	0	(4,810,639)
Financing activities
Proceeds from loans payable	0	145,550	770,550
Proceeds from issuance of common stock/ subscriptions received	0	498,744	9,094,933
Repurchase of common stock	0	0	(15,028)
Net cash provided by financing activities	0	644,294	9,850,455
Effect of exchange rate changes on cash	5,817	(3,490)	214,267
Change in cash	(348,448)	354,673	84,087
Cash, beginning of period	432,535	22	0
Cash, end of period	$ 84,087	$ 354,695	$ 84,087