CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Sep. 30, 2013
Current assets:
Cash and cash equivalents	$ 2,182,406	$ 1,184,204
Investment in Oando Energy Resources	671,402	563,525
Deferred debt origination cost - short term	147,079	0
Prepaid expenses and other	246,922	228,881
Total current assets	3,247,809	1,976,610
Oil and gas concession fees	6,006,235	6,037,803
Furniture and equipment, net of accumulated depreciation of $368,587 and $303,303 at September 30, 2014 and 2013, respectively	206,273	202,364
Restricted certificate of deposit	0	2,186,182
Deferred debt origination cost - long term	43,755	0
Income tax receivable	2,018,533	2,018,533
Prepaid expenses - long term	172,433	51,108
Total assets	11,695,038	12,472,600
Current liabilities:
Accounts payable and accrued liabilities	379,639	983,293
Convertible note payable, net of discount - short term	625,533	0
Derivative liability - short term	751,404	0
Total current liabilities	1,756,576	983,293
Convertible note payable, net of discount - long term	38,076	0
Derivative liability - long term	270,538	0
Total liabilities	2,065,190	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 3,000,000,000 shares; issued and outstanding 765,194,088 and 764,849,260 shares at September 30, 2014 and 2013, respectively	76,520	76,485
Additional paid-in capital	101,080,306	101,067,084
Accumulated other comprehensive loss	(678,598)	(786,475)
Accumulated deficits	(90,848,380)	(88,867,787)
Total shareholders' equity	9,629,848	11,489,307
Total liabilities and shareholders' equity	$ 11,695,038	$ 12,472,600