Quarterly report pursuant to sections 13 or 15(d)

NOTE 7. SUBSEQUENT EVENTS

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NOTE 7. SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2013
Subsequent Events [Text Block]
NOTE 7. SUBSEQUENT EVENTS

In April 2013, the Company entered into a lease pertaining to a 440 acre tract in Milam County, Texas, which is adjacent to the Company’s original 200 acre lease.  The Company issued 500,000 shares of its common stock as consideration for a 100% working interest (73.5% net revenue interest) in such lease.