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UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Sep. 30, 2011
Current assets:    
Cash and cash equivalents $ 6,194,276 $ 7,137,151
United States Treasury bills 5,008,242 5,007,446
Investment in Exile Resources common stock 524,346 524,346
Prepaid expenses and other 193,987 282,141
Total current assets 11,920,851 12,951,084
Oil and gas concession fees 4,620,531 4,620,531
Furniture and equipment, net 23,381 27,225
Restricted certificate of deposit 0 131,000
Deferred tax asset 2,018,398 2,018,398
Total assets 18,583,161 19,748,238
Current liabilities:    
Accounts payable and accrued liabilities 397,160 539,519
Total current liabilities 397,160 539,519
Commitments and contingencies      
Shareholders' equity:    
Preferred stock, par value $0.0001; authorized 10,000,000 shares; none issued and outstanding 0 0
Common stock, par value $0.0001; authorized 950,000,000 shares; issued and outstanding 738,933,854 shares 73,894 73,894
Additional paid-in capital 99,374,905 99,355,149
Accumulated other comprehensive income (825,653) (825,653)
Accumulated deficit (80,437,145) (79,394,671)
Total shareholders' equity 18,186,001 19,208,719
Total liabilities and shareholders' equity $ 18,583,161 $ 19,748,238