BALANCE SHEETS (USD $)	Jun. 30, 2012	Dec. 31, 2011
Current assets
Cash	$ 836,528	$ 392
Accounts receivable-related party		24,800
Other current assets	21,326
Other assets-related party	13,500
Total current assets	871,354	25,192
Property & equipment
Oil and gas, on the basis of full cost accounting Unproved properties and properties under Development, not being amortized	1,850,000
Furniture, equipment & software	16,823	13,269
Less accumulated depreciation	(1,921)	(12,914)
Net property and equipment	1,864,902	355
Other Assets	20,000
Total Assets	2,756,256	25,547
Current liabilities
Accounts payable	43,606	7,658
Accounts payable - related party		2,350
Accrued liabilities	4,296	137
Short term debt		3,250
Note payable - related party		42,301
Total current liabilities	47,902	55,696
Deferred Rent	10,880
Total Liabilities	58,782	55,696
Stockholders' Equity (Deficit)
Preferred stock, $.10 par value; 1,000,000 shares authorized; No shares issued & outstanding	0	0
Common stock, $.001 par value; 50,000,000 shares authorized; 15,735,885 and 10,820,600 shares issued and outstanding	15,736	10,821
Additional paid in capital	3,524,580	185,218
Accumulated deficit	(842,842)	(226,188)
Total Stockholders' Equity (Deficit)	2,697,474	(30,149)
Total Liabilities and Stockholders' Equity (Deficit)	$ 2,756,256	$ 25,547