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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended 211 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Mar. 31, 2013
Cash Flows From Operating Activities:      
Net loss $ (2,886,822) $ (3,275,879) $ (86,601,792)
Adjustments to reconcile net loss to net cash Used in operating activities:      
Depreciation and depletion expense 85,567 10,874 1,608,074
Provision for loss on deposits 0 0 5,292,896
Write-offs and abandonments 0 0 7,742,128
Deferred income taxes 0 0 (2,018,398)
Compensatory stock options 17,856 13,819 1,349,988
Gain from settlement 0 0 (617,310)
Gain on sale of partial interest in DRSTP concession 0 0 (30,102,250)
Amortization of beneficial conversion feature associated with convertible debt 0 0 2,793,929
Amortization of deferred compensation 0 0 1,257,863
Loss on extinguishment of debt 0 0 5,669,500
Stock issued for services 0 0 20,897,077
Stock issued for settlements 0 0 225,989
Stock issued for officer bonuses 0 28,342 5,221,638
Stock issued for interest and penalties on convertible debt 0 0 10,631,768
Stock issued for board compensation 0 0 2,725,949
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 57,233 (99,570) (263,490)
Accounts payable and other accrued Liabilities (216,847) (10,513) (2,754,033)
Accounts payable and accrued liabilities, related party 0 0 55,844
Accrued retirement obligation 0 0 365,000
Net cash used in operating activities (2,943,013) (3,332,927) (56,518,630)
Cash Flows From Investing Activities:      
Purchase of long-term investment 0 0 (5,292,896)
Purchase of and deposits on oil and gas concessions (1,410,708) (393,199) (9,191,511)
Proceeds from sale of partial interest in DRSTP concession 0 0 45,900,000
Proceeds from sale of U.S. Treasury bills 0 5,011,000 5,011,000
Purchase of U.S. Treasury bills and accrued interest 0 (3,554) (5,011,000)
Purchase of investment in marketable equity securities 0 0 (1,350,000)
Purchase of restricted certificate of deposit 0 0 (131,000)
Proceeds from sale of restricted certificate of deposit 0 131,000 131,000
Purchase of furniture and equipment (236,382) (7,771) (1,234,449)
Net cash provided by (used in) investing activities (1,647,090) 4,737,476 28,831,144
Cash Flows From Financing Activities:      
Proceeds from warrants exercised 0 0 160,000
Proceeds from common stock, net of expenses 1,540,178 0 10,316,727
Proceeds from line of credit, related party 0 0 2,750,000
Proceeds from non-convertible debt, related party 0 0 158,700
Proceeds from convertible debt, related party 0 0 8,207,706
Proceeds from sale of convertible debt 0 0 9,019,937
Proceeds from bank borrowing 0 0 175,000
Proceeds from stockholder loans 0 0 1,845,809
Proceeds from stock subscription receivable 0 0 913,300
Repayment of shareholder loans 0 0 (1,020,607)
Repayment of long-term debt 0 0 (223,021)
Net cash provided by financing activities 1,540,178 0 32,303,551
Net increase (decrease) in cash and cash equivalents (3,049,925) 1,404,549 4,616,065
Cash and cash equivalents, beginning of period 7,665,990 7,137,151 0
Cash and cash equivalents, end of period 4,616,065 8,541,700  
Cash and cash equivalents, end of period 4,616,065    
Supplemental cash flow information - Noncash investing activities [Abstract]      
Unrealized losses on securities $ (37,625) $ 0 $ (846,712)