Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities:
Net income (loss)	$ 210,768	$ 17,380
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation, depletion and amortization	369,336	121,945
Amortization of debt issuance costs	87,841	52,816
Asset retirement obligation accretion	4,474	1,143
Amortization of debt discount	122,899	202,781
Accretion of participation liability	38,212	27,377
Stock-based compensation expense	0	15,000
Change in fair value of warrant and conversion feature liabilities	(442,937)	(74,619)
Change in operating assets and liabilities:
Accounts receivable	(402,116)	(102,789)
Other assets	(1,197)	(26,951)
Accounts payable	(397,099)	47,548
Other liabilities	(63,085)	(73,213)
Net cash from operating activities	(472,904)	208,418
Cash flows from investing activities
Purchase of furniture and equipment	(378)	0
Capital expenditures on oil and gas properties	(1,006,282)	(824,964)
Net cash from investing activities	(1,006,660)	(824,964)
Cash flows from financing activities
Equity offering costs	0	(199,849)
Proceeds from issuance of common stock and warrants	0	4,224,000
Repayment of note payable	(325,000)	0
Net cash from financing activities	(325,000)	4,024,151
Net change in cash and cash equivalents	(1,804,564)	3,407,605
Cash and cash equivalents Beginning of period	3,090,422	453,243
Cash and cash equivalents End of period	$ 1,285,858	$ 3,860,848