XML 18 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Unaudited Statement of Cash Flows (USD $)
3 Months Ended70 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2011
Cash flows from operating activities   
Net loss$ (20,836)$ (88,115)$ (6,726,575)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:   
Donated office space and services0013,500
Depreciation01451,304
Exploration costs - lease write downs005,339,871
Compensatory stock issuances0017,000
Chnanges operating assets and liabilities:   
Other assets015,0000
Accounts payable13,813013,813
Accounts payable - related parties0(2,050)9,807
Accrued interest1670167
Net cash provided by (used in) operating activities(6,856)(75,020)(1,331,113)
Cash flows from investing activities   
Purchase of equipment and furniture00(2,896)
Loss on disposal of equipment and furniture001,592
Oil and gas properties00(691,871)
Net cash used in investing activities00(693,175)
Cash flows from financing activities   
Common stock issued for cash0100,0001,940,450
Proceeds from loans20,0000136,966
Net cash provided by financing activities20,000100,0002,077,416
Net change in cash and cash equivalent13,14424,98053,128
Cash and cash equivalent at the beginning of period39,984202,5570
Cash and cash equivalent at the end of period53,128227,53753,128
Supplemental disclosures of cash flow Information:   
Cash paid for interest000
Cash paid for income taxes000
Supplemental disclosure of non-cash investing and financing activities:   
Issuance of securities for services rendered$ 0$ 0$ 0