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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended714 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Operating activities:   
Net loss$ (204,335)$ (216,701)$ (37,367,011)
Adjustments to reconcile net loss to net cash used in operating activities:   
Gain on settlement  (8,124,016)
Goodwill impairment  801,823
Minority interest  (602,949)
Depreciation1,3741,89012,973
Write off of unproved properties  6,690,752
Common stock issued for services  119,500
Compensation recognized for stock option grant  75,000
Recoveries from previously written off properties  252,173
Net change in:   
Accounts payable and accrued liabilities159,100(79,656)1,406,241
Net cash used in operating activities(43,861)(294,467)(36,735,514)
Investing activities:   
Additions to oil, gas, and mineral properties net of assets acquired for common stock and reimbursements(30,898)(66,633)(6,631,945)
Well drilling costs(3,335) (1,289,327)
Sale of unproved nonoperating interests  512,595
Net proceeds from settlement  8,124,016
Proceeds from relinquishment of surface rights  246,733
Purchase of certificate of deposit(259)(762)(140,938)
Redemption of certification of deposit  54,655
Purchase of minority interest in CPC  (801,823)
Purchase of fixed assets  (74,623)
Net cash provided by (used in) investing activities(34,492)(67,395)(657)
Financing activities:   
Notes payable proceeds  184,988
Repayment of loans (48,198)(159,988)
Sale of common stock net of expenses70,000760,00031,288,112
Shares issued upon exercise of options  891,749
Sale of shares by subsidiary  820,000
Sale of subsidiary shares  3,720,000
Net cash provided by financing activities70,000711,80236,744,861
Net increase (decrease) in cash and cash equivalents(8,353)349,9408,690
Cash and cash equivalents at beginning of period17,0439,207 
Cash and cash equivalents at end of period$ 8,690$ 359,147$ 8,690