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BRENHAM OIL & GAS CORP. - CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended 185 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Cash flows from operating activities:      
Net loss $ (480,846) $ (19,675) $ (983,607)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depletion 26 0 26
Stock-based compensation 316,000 0 527,020
Changes in current assets and liabilities:      
Increase decrease in Accounts receivable (2,374) 0 (2,374)
Increase decrease in Accounts receivable - related party 131,100 0 131,100
Increase decrease in Accounts payable (7,908) 2,248 3,806
Net cash used in operating activities (44,002) (17,427) (324,029)
Cash flows from investing activities:      
Payments for acquisition of oil & gas properties (50,000) 0 (50,000)
Net cash provided by investing activities (50,000) 0 (50,000)
Cash flows from financing activities:      
Loans from related parties 94,745 10,468 360,063
Bank overdrafts 0 6,965 0
Payments for acquisition of treasury stock 0 (432) (1,712)
Proceeds from sale of common stock 0 0 23,100
Net cash provided by financing activities 94,745 17,001 381,451
Net increase (decrease) in cash 743 (426) 7,422
Cash and cash equivalents, beginning of period 6,679 6,426 0
Cash and cash equivalents, end of period 7,422 6,000 7,422
Supplemental schedule of cash flow information:      
Interest paid 0 0 1,150
Taxes paid 0 0 12,802
Non-cash transactions:      
Issuance of stock for oil & gas properties 316,000 0 324,400
Issuance of note payable for oil & gas properties 70,000 0 70,000
Issuance of common stock to convert payable due to American International Industries, Inc. 267,171 0 267,171
Capitalized asset retirement costs $ 1,684 $ 0 $ 1,684