Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended		71 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
REVENUES
Crude oil sales	$ 42,552	$ 0	$ 42,552	$ 0	$ 42,552
OPERATING EXPENSES
Oil & Gas operating costs	25,357	0	29,619	0	32,300
Depreciation	706	8,191	6,425	24,572	163,996
General and administrative	35,720	146,532	81,995	222,948	6,162,337
Compensation and professional fees	7,652	3,074,648	157,396	3,826,852	139,739,395
Impairment of assets	0	0	0	0	2,788,538
Total Operating Expenses	69,435	3,229,371	275,435	4,074,372	148,886,566
LOSS FROM OPERATIONS	(26,883)	(3,229,371)	(232,883)	(4,074,372)	(148,844,014)
OTHER INCOME (EXPENSE)
Loss on disposal of assets	0	0	0	0	(2,915)
Gain on debt forgiveness	0	0	165,220	0	229,085
Interest income & other income	2	0	0	0	2,978
Gain/(loss) on investments	0	0	557	0	(40,075)
Financing expenses	0	(400,000)	0	(400,000)	(400,000)
Interest expense	(26,652)	(53,585)	(54,332)	(117,339)	(432,976)
Total Other Income (Expense)	(26,650)	(453,585)	111,445	(517,339)	(643,903)
NET INCOME (LOSS) BEFORE INCOME TAXES	(53,533)	(3,682,956)	(121,438)	(4,591,711)	(149,487,917)
PROVISION FOR INCOME TAXES	0	0	0	0	0
NET INCOME (LOSS)	(53,533)	(3,682,956)	(121,438)	(4,591,711)	(149,487,917)
OTHER COMPREHENSIVE INCOME/(LOSS) NET OF TAXES
Unrealized income (loss) on held for sale marketable securities	25,350	0	23,611	0	23,611
COMPREHENSIVE INCOME/(LOSS)	$ (28,183)	$ (3,682,956)	$ (97,827)	$ (4,591,711)	$ (149,464,306)
LOSS PER SHARE - BASIC & DILUTED	$ (0.01)	$ (0.83)	$ (0.02)	$ (1.32)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	7,781,004	4,433,764	6,561,604	3,466,916