General form of registration statement for all companies including face-amount certificate companies

STATEMENT OF EXPENSES

v2.4.0.6
STATEMENT OF EXPENSES (USD $)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Revenues            
Oil and gas sales $ 39,452   $ 39,452      
Operating expenses:            
Lease operating expense 16,089   16,089      
Production taxes 1,818   1,818      
Depreciation 2,103 105 4,129 315 420 420
Bad debt - related party     24,800      
Legal & accounting 58,959   116,754   19,702 13,150
General and administrative 543,011 9,049 1,132,839 21,605 10,230 4,046
Total costs and expenses 563,021 9,154 1,179,675 21,920 30,352 17,616
Loss from operations (523,569) (9,154) (1,140,223) (21,920) (30,352) (17,616)
Other income (expense):            
Interest (expense)         (137)  
Net loss $ (523,569) $ (9,154) $ (1,140,223) $ (21,920) $ (30,489) $ (17,616)
Net income (loss) per share            
(Basic and fully diluted): (in Dollars per share) $ (0.03) $ 0.00 $ (0.09) $ 0.00 $ 0.00 $ 0.00
Weighted average number of common shares outstanding (in Shares) 16,716,143 10,820,600 13,178,805 10,820,600 10,820,600 10,820,600