Accounts Payable and Accrued Liabilities (Tables)

3 Months Ended

Jun. 30, 2012

Accounts Payable and Accrued Liabilities

Schedule of accrued liabilities

	June 30, 2012		March 31, 2012
	(unaudited)
Drilling/Permitting	$	1,559,250	$	471,462
Legal	—		279,569
Accrued Bonus	338,250		—
Accrued Cost of Public Offering	350,000		—
Buffalo Management (refer to Note 5 - Related Party Transactions)	50,000		—
Accrued Vacation & Interest	53,723		65,885
Other	188,377		26,635
Total Accrued Liabilities	$	2,539,600	$	843,551