| Cash and cash equivalents |
757 |
| Accounts receivable |
| Prepaid expenses |
| Total current assets |
757 |
| Unproved |
| Total assets |
757 |
| Current liabilities |
| Checks written in excess of cash |
| Revolving credit facility to bank, net of discount of $306,072 at June 30, 2011 and $0 at December 31, 2010 |
68.11K |
| Note payable to vendor |
1.08M |
| Current portion, subordinated note payable to related party, net of discount of $228,796 at June 30, 2011 |
| Accounts payable |
5.48M |
| Accrued liabilities |
2.51M |
| Current portion of asset retirement obligations |
1.72M |
| Total current liabilities |
11.36M |
| Asset retirement obligations, less current portion |
| Subordinated note payable to related party, net of discount of $350,483 at December 31, 2010, net of current portion |
| Accrued interest on subordinated note |
| Derivative liabilities |
43.4K |
| Total liabilities |
| Commitments and contingencies (Note 5) |
0 |
| Preferred stock, par value $.0001, authorized 10,000,000 shares, none issued and outstanding |
0 |
| Common stock, par value $.0001, authorized 75,000,000 shares, issued and outstanding 18,668,575 shares at June 30, 2011 and December 31, 2010 |
771 |
| Additional paid-in capital |
109.08M |
| Accumulated deficit |
-120.55M |
| Total stockholders' equity (deficit) |
-11.47M |
| Total liabilities and stockholders' equity (deficit) |
757 |
| Current liabilities |
| Accrued interest |
268.68K |
| Current liabilities |
| Accrued interest |
