CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash in bank	$ 13,219	$ 9,300
Accounts receivable	1,500	2,085
Total current assets	14,719	11,385
Oil and natural gas properties, full cost accounting
Unproved properties	3,080	3,080
Proved properties	115,388	114,634
Net profits production interest	4,762	4,940
Equipment and other fixed assets	954	1,041
Toal property and equipment, net	124,184	123,695
Investment (Note 4)	477,381	497,992
TOTAL ASSETS	616,284	633,072
Current liabilities
Accounts payable	579	2,637
Notes payable - related parties	34,300	45,800
Accrued interest payable	203	352
Accrued liabilities	10,664	9,444
Total current liabilities	45,746	58,233
Note payable - related parties, less current portion	0	3,550
Asset retirement obligation	5,200	5,200
TOTAL LIABILITIES	50,946	66,983
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS' EQUITY
Convertible preferred stock, $.10 par value, 1,000,000 shares authorized, 99,500 shares issued and outstanding, Regent Natural Resources Co.	9,950	9,950
Preferred stock, $.10 par value, 30,000,000 shares authorized, no shares issued and outstanding, Registrant	0	0
Common stock, $.01 par value, 100,000,000 shares authorized, 22,360,233 shares issued and outstanding	223,602	223,602
Paid-in capital in excess of par	3,629,141	3,629,141
Accumulated deficit (including $50,643 and $51,502, respectively, of earnings accumulated since re-entering the development stage)	(3,297,355)	(3,296,604)
TOTAL STOCKHOLDERS' EQUITY	565,338	566,089
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 616,284	$ 633,072