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Subsequent Events
3 Months Ended
Mar. 31, 2012
Subsequent Events [Abstract]  
Subsequent Events

NOTE 10 – SUBSEQUENT EVENTS

 

In February, 2012 the Company purchased a 30 percent working interest in six oil and gas leases located in Cowley County, Kansas. The Company paid $140,400 for the leases.

 

On March 21, 2012 the Company issued 833,333 shares of common stock at $0.60 per share, yielding total cash proceeds of $500,000.

 

In accordance with ASC 855-10, the Company’s management has reviewed all material events and there are no additional material subsequent events to report.