| Cash and cash equivalents | 4.05M |
| Accounts receivable | 458K |
| Inventory | |
| Prepaid expenses | 509K |
| Deposits | 148K |
| Total current assets | 6.34M |
| Unevaluated oil and gas properties | |
| Other fixed assets, net | 2.64M |
| Total property and equipment | 100.42M |
| Deferred financing costs | 1.44M |
| Total assets | 109.62M |
| Accounts payable | 31.04M |
| Accrued liabilities | 13.54M |
| Exchangeable note payable | |
| Total current liabilities | 138.11M |
| Asset retirement and environmental obligations | 1.42M |
| Commitments and contingencies (Note 7) | 0 |
| Preferred stock, $0.001 par value, 500,000,000 shares authorized, none outstanding | 0 |
| Common stock, $0.001 par value, 500,000,000 shares authorized, 342,209,884 and 291,202,928 issued and outstanding at June 30, 2011 and December 31, 2010 respectively | 346K |
| Additional paid-in capital | 178.75M |
| Unearned compensation | -310K |
| Deficit accumulated during the development stage | |
| Total stockholders' equity | -29.93M |
| Total liabilities and stockholders' equity | 109.62M |