UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2012	Sep. 30, 2011
Current assets:
Cash and cash equivalents	$ 8,541,700	$ 7,137,151
United States Treasury bills	0	5,007,446
Investment in Exile Resources common stock, at market	0	524,346
Prepaid expenses and other	381,711	282,141
Total current assets	8,923,411	12,951,084
Oil and gas concession fees	5,013,730	4,620,531
Investment in Exile Resources common stock, at cost	524,346	0
Furniture and equipment, net	24,122	27,225
Restricted certificate of deposit	0	131,000
Deferred tax asset	2,018,398	2,018,398
Total assets	16,504,007	19,748,238
Current liabilities:
Accounts payable and accrued liabilities	529,006	539,519
Total current liabilities	529,006	539,519
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	99,397,310	99,355,149
Accumulated other comprehensive income	(825,653)	(825,653)
Accumulated deficit	(82,670,550)	(79,394,671)
Total shareholders' equity	15,975,001	19,208,719
Total liabilities and shareholders' equity	$ 16,504,007	$ 19,748,238