Summary of Significant Accounting Policies (Tables)

9 Months Ended

Jun. 30, 2014

Summary of Significant Accounting Policies [Abstract]

Schedule of Costs of Unproved Properties Excluded from Amortization Base

The table below sets forth the cost of unproved properties excluded from the amortization base as of June 30, 2014 and notes the year in which the associated costs were incurred:

	Year of Acquisition
	2012		2013		2014		Total
Acquisition costs	$	153,264	$	47,311	$	50,000	$	250,575
Development costs		-		-		-		-
Exploration costs		-		-		-		-
Total	$	153,264	$	47,311	$	50,000	$	250,575

Schedule of Assets Measured at Fair Value on a Recurring and Nonrecurring Basis

The following table presents assets that were measured and recognized at fair value as of June 30, 2014 and September 30, 2013 and the periods then ended on a recurring and nonrecurring basis:

June, 30 2014 Description	Level 1		Level 2		Level 3		Total Realized Loss
Asset retirement obligation	$	-	$	-	$	22,540	$	-
Available for sale securities		56,279		-		-		-
Totals	$	56,279	$	-	$	22,540	$	-

September, 30 2013 Description	Level 1		Level 2		Level 3		Total Realized Loss
Asset retirement obligation	$	-	$	-	$	21,644	$	-
Totals	$	-	$	-	$	21,644	$	-