CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 1,268,871	$ 1,850,369
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, depletion and accretion	64,481	14,031
Loss on disposal of property and equipment	7,946	0
Net gain on settlement of debt	0	(34,860)
Gain on litigation settlements	(89,305)	0
Change in value of warrant liability	(32,074)	(1,805,040)
Stock compensation expense	164,400	875,507
Amortization of financing fees	30,725	33,275
Amortization of loan discount	425,117	137,616
Changes in assets and liabilities:
Trade and other receivables	(20,725)	(14,463)
Short term notes receivable	37,899	(9,011)
Inventory	(105)	(14,166)
Prepaid expenses and other assets	(36,873)	(48,122)
Accounts payable and accrued expenses	376,176	225,522
Notes payable and accrued interest	84,959	206,208
Net cash used in operating activities	(338,587)	(683,480)
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to oil and gas properties	(483,024)	(580,941)
Additions to equipment	(25,614)	(63,486)
Net cash used in investing activities	(508,638)	(644,427)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash held in escrow	367,554	1,100,000
Common stock receivable	0	762
Net cash provided by financing activities	367,554	1,100,762
NET DECREASE IN CASH	(479,671)	(227,145)
CASH, beginning of year	483,578	455,233
CASH, end of year	3,907	228,088
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	329,473	0
Taxes	0	0
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Stock issued for conversion of debt	101,923	0
Warrant cancellations and terminations	0	292,331
Oil and Gas asset retirement obligation	(1,607)	(1,481)
Iroquois [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Change in value of warrant liability	(366,581)	(934,349)
Change in value of derivative liability	(710,881)	(1,165,997)
ABG [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Change in value of warrant liability	$ (1,542,618)	$ 0