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Balance Sheets (USD $)
Sep. 30, 2011
Sep. 30, 2010
Balance Sheets    
Cash and cash equivalents $ 453,243 $ 156,936
Accounts receivable 257,147 4,900
Other assets 4,428 50,000
Total current assets 714,818 211,836
Property and equipment - Oil and gas, on the basis of full cost accounting    
Proved properties 3,606,967 0
Unproved properties and properties under development, not being amortized 619,679 367,533
Furniture and equipment 2,014 0
Less: accumulated depreciation, depletion and amortization (264,657) 0
Total property and equipment 3,964,003 367,533
Debt issuance costs 338,345 0
Other assets 527,886 0
Total assets 5,545,052 579,369
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 180,031 1,945
Other liabilities 75,056 0
Note payable 0 285,668
Total current liabilities 255,087 287,613
Notes payable, net of discount of $1,066,539 and $0 2,333,461 0
Participation liability 1,172,315 0
Conversion feature liability 720,593 0
Warrant liabilities 400,319 0
Asset retirement obligations 24,629 0
Total liabilities 4,906,404 287,613
Commitments and contingencies      
Stockholders' equity    
Preferred stock, $0.00001 par value; 5,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.00001 par value; 50,000,000 shares authorized, 7,865,822 and 5,912,500 shares issued and outstanding 79 59
Additional paid-in capital 1,866,110 409,841
Accumulated deficit (1,227,541) (118,144)
Total stockholders' equity 638,648 291,756
Total liabilities and stockholders' equity $ 5,545,052 $ 579,369