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Consolidated Statements of Cash Flows (USD $)
6 Months Ended 51 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Net loss for the period $ (471,087) $ (338,395) $ (2,586,240)
Amortization 8,193 0 16,386
Impairment loss on wind park 0 0 419,258
Impairment loss on Gila Bend Property 0 0 79,420
Shares issued for services 0 120,000 518,717
Accounts payable and accrued liabilities 21,576 (11,201) 40,613
Prepaid expenses 110,723 0 (138,593)
Net Cash Used In Operating Activities (330,595) (229,596) (1,650,439)
Purchase of oil and gas property 0 0 (79,420)
Purchase of property and equipment 0 (49,158) (49,158)
Net cash paid for acquisition 0 (299,622) (299,622)
Net Cash Used In Investing Activities 0 (348,780) (428,200)
Proceeds from loan payable 0 28,700 364,198
Repayment of loan payable 0 (33,725) (351,718)
Proceeds from related parties 1,423 0 30,819
Repayments to related parties (11,982) 0 (11,982)
Proceeds from common share issuances and subscribed 0 1,822,001 2,139,001
Net Cash Provided By (Used In) Financing Activities (10,559) 1,816,975 2,170,318
Increase (Decrease) in Cash (341,154) 1,238,600 91,679
Cash - Beginning of Period 432,833 2,448 0
Cash - End of Period 91,679 1,241,048 91,679
Interest paid 0 0 0
Income tax paid $ 0 $ 0 $ 0