UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2013	Sep. 30, 2012
Current assets:
Cash and cash equivalents	$ 4,616,065	$ 7,665,990
Investment in Oando Energy Resources	503,287	540,912
Prepaid expenses and other	263,357	320,725
Total current assets	5,382,709	8,527,627
Oil and gas concession fees	10,457,011	10,046,303
Furniture and equipment, net of accumulated depreciation of $260,762 and $175,195 at June 30, 2013 and September 30,2012, respectively	198,598	47,783
Income tax receivable	2,018,533	2,018,398
Total assets	18,056,851	20,640,111
Current liabilities:
Accounts payable and accrued liabilities	393,943	610,790
Signing bonus payable - Chad	4,000,000	5,000,000
Total current liabilities	4,393,943	5,610,790
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 764,429,260 and 739,458,854 shares at June 30, 2013 and September 30, 2012, respectively	76,443	73,947
Additional paid-in capital	101,034,969	99,479,431
Accumulated other comprehensive loss	(846,712)	(809,087)
Losses accumulated in the development stage	(86,601,792)	(83,714,970)
Total shareholders' equity	13,662,908	15,029,321
Total liabilities and shareholders' equity	$ 18,056,851	$ 20,640,111