Condensed Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Feb. 29, 2012	Feb. 28, 2011	Feb. 29, 2012	Feb. 28, 2011
Revenue:
Oil and Gas Sales	$ 1,709,051	$ 1,018,240	$ 3,779,706	$ 2,852,922
Operating Expenses:
Exploration Expense	48,286	0	92,049	0
Production Taxes	118,948	50,442	220,794	175,747
Lease Operating Expenses	487,366	28,034	688,558	107,681
Gas Transportation and Marketing expenses	32,567	60,886	142,310	177,398
Depreciation, Depletion and Amortization	636,325	191,239	1,194,036	551,609
Accretion of Discount on Asset Retirement Obligation	13,143	0	28,915	0
General and administrative expense	1,760,701	215,001	3,478,372	215,006
Total Operating Expense	3,097,336	545,602	5,845,034	1,227,441
Income (Loss) from Operations	(1,388,285)	472,638	(2,065,328)	1,625,481
Other Income (Expense):
Interest Income	0	0	648	23
Change in Fair Value of Common Stock Warrants	(157,860)	0	(1,176,828)	0
Unrealized Gain (Loss) on Investment in Cross Border Warrants	(33,726)		494,463	0
Interest Expense	(649,583)	(51,542)	(1,461,103)	(147,206)
Equity in Earnings of Cross Border Resources, Inc.	(259,567)	0	(447,779)	0
Loss on Note Receivable	0	0	(2,724,701)	0
Total Other Income (Expense)	(1,100,736)	(51,542)	(5,315,300)	(147,183)
Income (Loss) Before Income Taxes	(2,489,021)	421,096	(7,380,628)	1,478,298
Income Tax Provision	0	0	0	0
Net Income (Loss)	$ (2,489,021)	$ 421,096	$ (7,380,628)	$ 1,478,298
Basic and Diluted Earnings (Loss) Per Common Share (in dollars per share)	$ (0.03)	$ 0.02	$ (0.10)	$ 0.05
Basic and Diluted Weighted Average Common Shares Outstanding (in shares)	81,189,671	27,000,000	70,659,413	27,000,000