UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2015	Sep. 30, 2014
Current assets:
Cash and cash equivalents	$ 837,945	$ 2,182,406
Investment in Oando Energy Resources	386,304	671,402
Deferred debt origination cost - short term	78,842	147,079
Prepaid expenses and other	232,869	246,922
Total current assets	1,535,960	3,247,809
Oil and gas concession fees	6,074,758	6,006,235
Furniture and equipment, net of accumulated depreciation of $426,770 and $368,587 at June 30, 2015 and September 30, 2014	150,711	206,273
Deferred debt origination cost - long term	0	43,755
Income tax receivable	2,018,533	2,018,533
Prepaid expenses - long term	35,550	172,433
Total assets	9,815,512	11,695,038
Current liabilities:
Accounts payable and accrued liabilities	228,871	379,639
Convertible note payable, net of discount - short term	276,662	625,533
Derivative liability - short term	519,029	751,404
Total current liabilities	1,024,562	1,756,576
Convertible note payable, net of discount - long term	8,665	38,076
Derivative liability - long term	104,564	270,538
Total liabilities	$ 1,137,791	$ 2,065,190
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 2,734,322,836 and 765,194,088 shares at June 30, 2015 and September 30, 2014	273,432	76,520
Additional paid-in capital	105,381,578	101,080,306
Accumulated other comprehensive loss	(963,696)	(678,598)
Accumulated deficits	(96,013,593)	(90,848,380)
Total shareholders' equity	8,677,721	9,629,848
Total liabilities and shareholders' equity	$ 9,815,512	$ 11,695,038