UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Sep. 30, 2013
Current assets:
Cash and cash equivalents	$ 2,619,402	$ 1,184,204
Investment in Oando Energy Resources	482,519	563,525
Prepaid expenses and other	264,108	228,881
Total current assets	3,366,029	1,976,610
Oil and gas concession fees	6,037,803	6,037,803
Furniture and equipment, net of accumulated depreciation of $323,760 and $300,303 at December 31, 2013 and September 30, 2013, respectively	178,907	202,364
Restricted certificate of deposit	2,186,729	2,186,182
Income tax receivable	2,018,533	2,018,533
Other assets	121,482	51,108
Total assets	13,909,483	12,472,600
Current liabilities:
Accounts payable and accrued liabilities	932,131	983,293
Deferred farm out fees	2,731,558	0
Total current liabilities	3,663,689	983,293
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 764,849,260 shares	76,485	76,485
Additional paid-in capital	101,073,927	101,067,084
Accumulated other comprehensive loss	(867,481)	(786,475)
Losses accumulated in the development stage	(90,037,137)	(88,867,787)
Total shareholders' equity	10,245,794	11,489,307
Total liabilities and shareholders' equity	$ 13,909,483	$ 12,472,600