10-Q Filing

GRAPHENE & SOLAR TECHNOLOGIES LTD CIK: 1497649 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001354488-12-004115`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	vnge-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 84 Cash Flow Statement 100

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Discount on Note Payable	`DebtInstrumentUnamortizedDiscount`	$1.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$637.92K	USD	Point-in-time
Discount on Note Payable	`DebtInstrumentUnamortizedDiscount`	$326.94K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$257.15K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$517.23K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$4.43K	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$12.81K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$714.82K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.27M	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$7.19M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$3.61M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Unproved properties and properties under development, not being amortized	`CapitalizedCostUnprovedProperties`	$619.68K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Unproved properties and properties under development, not being amortized	`CapitalizedCostUnprovedProperties`	$1.35M	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Furniture and equipment	`FixturesAndEquipmentGross`	$5.91K	USD	Point-in-time
Furniture and equipment	`FixturesAndEquipmentGross`	$2.01K	USD	Point-in-time
Less: accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$264.66K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	7.87M	shares	Point-in-time
Less: accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$791.14K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	12.74M	shares	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$3.96M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$7.76M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	12.74M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	7.87M	shares	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$338.35K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$598.84K	USD	Point-in-time
Other assets	`OtherAssets`	$527.89K	USD	Point-in-time
Other assets	`OtherAssets`	$14.70K	USD	Point-in-time
Total assets	`Assets`	$11.64M	USD	Point-in-time
Total assets	`Assets`	$5.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$283.08K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.03K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$75.06K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$31.71K	USD	Point-in-time
Current portion of notes payable, net of discount of $145,159 and $0	`NotesAndLoansPayableCurrent`	-	USD	Point-in-time
Current portion of notes payable, net of discount of $145,159 and $0	`NotesAndLoansPayableCurrent`	$1.22M	USD	Point-in-time
Current portion of conversion feature liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Current portion of conversion feature liability	`DerivativeLiabilitiesCurrent`	$13.18K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$255.09K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.55M	USD	Point-in-time
Notes payable, net of discount of $326,945 and $1,066,539	`NotesPayable`	$4.40M	USD	Point-in-time
Notes payable, net of discount of $326,945 and $1,066,539	`NotesPayable`	$2.33M	USD	Point-in-time
Participation liability	`ParticipationLiability`	$1.17M	USD	Point-in-time
Participation liability	`ParticipationLiability`	$928.44K	USD	Point-in-time
Conversion feature liability	`DerivativeLiabilitiesNoncurrent`	$326.94K	USD	Point-in-time
Conversion feature liability	`DerivativeLiabilitiesNoncurrent`	$720.59K	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$177.75K	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$400.32K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$24.63K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$74.63K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.91M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.45M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 50,000,000 shares authorized, 12,710,409 and 7,865,822 shares issued and outstanding	`CommonStockValue`	$127.00	USD	Point-in-time
Common stock, $0.00001 par value; 50,000,000 shares authorized, 12,710,409 and 7,865,822 shares issued and outstanding	`CommonStockValue`	$79.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.47M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$638.65K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.64M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Oil and gas sales	`OilAndGasSalesRevenue`	$1.31M	USD	3 Qtrs
Oil and gas sales	`OilAndGasSalesRevenue`	$2.46M	USD	3 Qtrs
Oil and gas sales	`OilAndGasSalesRevenue`	$851.90K	USD	1 Quarter
Oil and gas sales	`OilAndGasSalesRevenue`	$917.07K	USD	1 Quarter
Lease operating expense	`LeaseOperatingExpense`	$496.56K	USD	3 Qtrs
Lease operating expense	`LeaseOperatingExpense`	$258.92K	USD	1 Quarter
Lease operating expense	`LeaseOperatingExpense`	$19.43K	USD	1 Quarter
Lease operating expense	`LeaseOperatingExpense`	$49.94K	USD	3 Qtrs
Production taxes	`ProductionTaxExpense`	$60.27K	USD	3 Qtrs
Production taxes	`ProductionTaxExpense`	$39.26K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$42.26K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$113.34K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$526.49K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$164.69K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$213.96K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$214.64K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.26K	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$2.17K	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$3.14K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.12K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$796.08K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.19M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$172.70K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$485.73K	USD	1 Quarter
Other	`OtherExpenses`	$708.00	USD	3 Qtrs
Other	`OtherExpenses`	$349.00	USD	1 Quarter
Other	`OtherExpenses`	$47.46K	USD	3 Qtrs
Other	`OtherExpenses`	$82.00	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.33M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$400.54K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.17M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.00M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-149.88K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$145.10K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$129.12K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$516.53K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$511.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.21K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.34K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$493.00	USD	1 Quarter
Interest expense	`InterestExpense`	$791.63K	USD	3 Qtrs
Interest expense	`InterestExpense`	$273.52K	USD	1 Quarter
Interest expense	`InterestExpense`	$299.56K	USD	1 Quarter
Interest expense	`InterestExpense`	$469.96K	USD	3 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$427.16K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$27.03K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$910.27K	USD	3 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-819.42K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-306.42K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-306.42K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-178.32K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-245.98K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.29M	USD	3 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-185.57K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-328.20K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.14M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$270.55K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-56.45K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$270.55K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.14M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-56.45K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-328.20K	USD	1 Quarter
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$-0.16	USD	3 Qtrs
Earnings (loss) per share - Basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	11.62M	shares	3 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	12.73M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	7.87M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	6.94M	shares	3 Qtrs
Earnings (loss) per share - Diluted	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Earnings (loss) per share - Diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Earnings (loss) per share - Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Earnings (loss) per share - Diluted	`EarningsPerShareDiluted`	$-0.16	USD	3 Qtrs
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	7.87M	shares	1 Quarter
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	12.73M	shares	1 Quarter
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	11.62M	shares	3 Qtrs
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	6.94M	shares	3 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Convertible notes	`IssuanceOf2012ConvertibleNotes`	-	USD	3 Qtrs
Convertible notes	`IssuanceOf2012ConvertibleNotes`	$2.04M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$270.55K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.14M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-56.45K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-328.20K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-306.42K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-306.42K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$526.49K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$164.69K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$213.96K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$214.64K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$152.88K	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$158.45K	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.26K	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$2.17K	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$3.14K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.12K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$660.34K	USD	3 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$179.70K	USD	3 Qtrs
Accretion of participation liability	`IncreaseDecreaseInParticipationLiabilities`	$86.41K	USD	3 Qtrs
Accretion of participation liability	`IncreaseDecreaseInParticipationLiabilities`	$75.56K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$59.70K	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$243.73K	USD	3 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$427.16K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$27.03K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$910.27K	USD	3 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-819.42K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-260.08K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-351.77K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-5.04K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-20.49K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-39.02K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$103.48K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-343.45K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-51.12K	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$162.44K	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$250.87K	USD	3 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.20K	USD	3 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.89K	USD	3 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$309.25K	USD	3 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	-	USD	3 Qtrs
Capital expenditures on oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$2.92M	USD	3 Qtrs
Capital expenditures on oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$4.10M	USD	3 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.11M	USD	3 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.23M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$397.77K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$478.21K	USD	3 Qtrs
Equity offering costs	`EquityIssuanceCost`	$199.85K	USD	3 Qtrs
Equity offering costs	`EquityIssuanceCost`	$280.22K	USD	3 Qtrs
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$1.34M	USD	3 Qtrs
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$4.22M	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$45.29K	USD	3 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	3 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$642.75K	USD	3 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$2.69M	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$3.40M	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.23M	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.46M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.29M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$480.99K	USD	3 Qtrs
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.74M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$637.92K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.74M	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$637.92K	USD	Point-in-time
Interest paid	`InterestPaid`	$175.88K	USD	3 Qtrs
Interest paid	`InterestPaid`	$204.00K	USD	3 Qtrs
Interest capitalized (non-cash)	`InterestPaidCapitalized`	$192.91K	USD	3 Qtrs
Interest capitalized (non-cash)	`InterestPaidCapitalized`	$306.72K	USD	3 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncludedInAccountsPayable`	$84.36K	USD	3 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncludedInAccountsPayable`	$142.06K	USD	3 Qtrs
Issuance of notes payable for oil and gas	`IssuanceOfNotesPayableForOilAndGas`	$357.08K	USD	3 Qtrs
Issuance of notes payable for oil and gas	`IssuanceOfNotesPayableForOilAndGas`	-	USD	3 Qtrs
Issuance of 2012 convertible notes	`IssuanceOf2012ConvertibleNotes`	-	USD	3 Qtrs
Issuance of 2012 convertible notes	`IssuanceOf2012ConvertibleNotes`	$2.04M	USD	3 Qtrs
Warrant liability settled on exercise	`WarrantLiabilitySettledOnExercise`	-	USD	3 Qtrs
Warrant liability settled on exercise	`WarrantLiabilitySettledOnExercise`	$136.01K	USD	3 Qtrs
Series A warrants	`SeriesAWarrants`	-	USD	3 Qtrs
Series A warrants	`SeriesAWarrants`	$1.19K	USD	3 Qtrs
Series B warrants	`SeriesBWarrants`	$143.95K	USD	3 Qtrs
Series B warrants	`SeriesBWarrants`	-	USD	3 Qtrs
Series C warrants	`SeriesCWarrants`	-	USD	3 Qtrs
Series C warrants	`SeriesCWarrants`	$274.52K	USD	3 Qtrs
Series D warrants	`SeriesDWarrants`	-	USD	3 Qtrs
Series D warrants	`SeriesDWarrants`	$49.38K	USD	3 Qtrs
Recognition of conversion feature liability	`DebtInstrumentConvertibleBeneficialConversionFeature`	-	USD	3 Qtrs
Recognition of conversion feature liability	`DebtInstrumentConvertibleBeneficialConversionFeature`	$48.67K	USD	3 Qtrs
Recognition of participation liability	`IncreaseDecreaseInProductionParticipationPlanLiability`	$26.77K	USD	3 Qtrs
Recognition of participation liability	`IncreaseDecreaseInProductionParticipationPlanLiability`	$326.94K	USD	3 Qtrs
Asset retirement obligations incurred	`IncreaseDecreaseInAssetRetirementObligations`	$737.89K	USD	3 Qtrs
Asset retirement obligations incurred	`IncreaseDecreaseInAssetRetirementObligations`	-	USD	3 Qtrs
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	3 Qtrs
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$60.70K	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.