Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Equity

v2.4.0.6
Condensed Consolidated Statement of Equity (USD $)
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income [Member]
Noncontrolling Interest [Member]
Beginning Balance at Jun. 30, 2011 $ 52,527,410 $ 524,558 $ 0 $ 93,617,424 $ (56,073,255) $ 12,469,626 $ 1,989,057
Net Loss (3,632,271) 0 0 0 (3,616,870) 0 (15,401)
Acquisition of non-controlling interest (6,900,635) 9,302 0 (4,920,880) (15,401) 0 (1,973,656)
Acquisition of working interest 388,831 2,525 0 386,306 0 0 0
Foreign currency translation adjustments (729,169) 0 0 0 0 (729,169) 0
Unrealized holding loss, net of deferred tax (91,102) 0 0 0 0 (91,102) 0
Stock and stock based compensation 886,355 1,750 0 884,605 0 0 0
Stock options exercised 35,000 219 0 34,781 0 0 0
Capital contribution 0 0 0 0 0 0 0
Ending Balance at Dec. 31, 2011 $ 42,484,419 $ 538,354 $ 0 $ 90,002,236 $ (59,705,526) $ 11,649,355 $ 0