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Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Crude oil sales $ 8,915 $ 0 $ 24,405 $ 0
Oil & Gas operating costs 9,789 0 18,303 0
Gross Profit (874) 0 6,102 0
OPERATING EXPENSES        
Depreciation 706 2,423 1,412 5,720
General and administrative 17,389 25,628 45,132 50,539
Compensation and professional fees 27,650 64,589 76,053 149,743
Total Operating Expenses 45,745 92,640 122,597 206,002
LOSS FROM OPERATIONS (46,619) (92,640) (116,495) (206,002)
OTHER INCOME (EXPENSE)        
Gain on debt forgiveness 0 165,220 0 165,220
Gain(loss) on investments 0 557 0 557
Interest expense (27,509) (10,432) (53,215) (27,679)
Total Other Income (Expense) (27,509) 155,345 (53,215) 138,098
NET INCOME (LOSS) BEFORE INCOME TAXES (74,128) 62,705 (169,710) (67,904)
PROVISION FOR INCOME TAXES 0 0 0 0
NET INCOME (LOSS) (74,128) 62,705 (169,710) (67,904)
OTHER COMPREHENSIVE INCOME/(LOSS) NET OF TAXES        
Unrealized income (loss) on held for sale marketable securities 5,591 394 12,641 (2,133)
COMPREHENSIVE INCOME/(LOSS) $ (68,537) $ 63,099 $ (157,069) $ (70,037)
LOSS PER SHARE - BASIC & DILUTED $ (0.01) $ 0.01 $ (0.02) $ (0.01)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 8,175,090 5,954,018 8,175,090 5,932,650