XML 12 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]    
OIL AND GAS SALES, net $ 42,153 $ 97,252
OPERATING EXPENSES    
Lease operating expense 17,641 20,214
Depletion, depreciation and amortization 20,574 30,209
Accretion expense 1,547 $ 1,624
Impairment of oil and gas properties 133,833
General and administrative expenses 566,305 $ 502,772
Total operating expenses 739,900 554,819
LOSS FROM OPERATIONS (697,747) (457,567)
OTHER INCOME (EXPENSE)    
Interest expense (387,915) (787,603)
NET LOSS $ (1,085,662) $ (1,245,170)
NET LOSS PER COMMON SHARE - Basic and diluted (in dollars per share) $ (0.66) $ (7.50)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - Basic and diluted (in shares) 1,643,622 165,918