XML 26 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED STATEMENT OF CASH FLOWS (USD $)
3 Months Ended 93 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2013
Cash flows from operating activities      
Net loss $ (16,126) $ (10,760) $ (7,121,672)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Donated office space and services 0 0 13,500
Depreciation 0 0 1,304
Exploration costs - lease write downs 0 0 5,339,871
Compensatory stock issuances 0 0 317,000
Changes operating assets and liabilities:      
Other assets 0 0 0
Accounts payable 15,332 3,218 34,420
Accounts payable - related parties 0 0 0
Accrued interest 0 333 0
Net cash provided by (used in) operating activities (794) (7,542) (1,415,577)
Cash flows from investing activities      
Purchase of equipment and furniture 0 0 (2,896)
Loss on disposal of equipment and furniture 0 0 1,592
Oil and gas properties 0 0 (691,871)
Net cash used in investing activities 0 0 (693,175)
Cash flows from financing activities      
Common stock issued for cash 0 0 1,940,450
Proceeds from loans 0 0 0
Net cash provided by financing activities 0 0 2,112,416
Net change in cash and cash equivalent (794) (7,542) 3,664
Cash and cash equivalent at the beginning of period 4,458 12,238 0
Cash and cash equivalent at the end of period 3,664 4,696 3,664
Supplemental disclosures of cash flow Information:      
Cash paid for interest 0 0 0
Cash paid for income taxes $ 0 $ 0 $ 0