Westport Energy (WPTH) 10-K 12 Aug 15 2012 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2012	Aug. 07, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	WESTPORT ENERGY HOLDINGS INC.
Entity Central Index Key	1,102,414
Document Type	10-K
Document Period End Date	Dec. 31, 2012
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Current Reporting Status	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float		$ 7,113
Entity Common Stock, Shares Outstanding		578,346
Trading Symbol	WPTH
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,012

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 35,049	$ 856,061
Restricted cash	$ 675,997	178,021
Trading securities - Restricted		567,175
Prepaid and other current assets	$ 22,072	70,821
Total current assets	733,118	1,672,078
Oil and gas properties, unproven	4,717,000	10,475,000
Total assets	5,450,118	12,147,078
Current Liabilities:
Senior secured convertible debenture, net of discount	29,612,640	28,150,507
Account payable and accrued expenses	$ 183,999	472,425
Line of credit		18,238
Convertible debentures	$ 6,083,026	6,083,026
Accrued interest	8,909,386	5,605,401
Derivative liability	3,959,000	4,009,000
Total current liabilities	48,748,051	44,338,597
Stockholders' Deficiency:
Preferred stock, $0.001 par value, 1,000,000 shares authorized Series C Voting Convertible, 921,890 shares issued and outstanding	921	921
Common stock, $0.0001 par value; 2,000,000,000 shares authorized; 578,346 shares issued and outstanding	58	58
Additional paid-in capital	(9,584,242)	(9,584,242)
Accumulated deficiency during exploration stage	(33,714,670)	(22,608,256)
Total stockholders' deficiency	(43,297,933)	(32,191,519)
Total liabilities and stockholders' deficiency	$ 5,450,118	$ 12,147,078

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2012	Dec. 31, 2011
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	578,346	578,346
Common stock, shares outstanding	578,346	578,346
Series C Voting Convertible Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	921,890	921,890
Preferred stock, shares outstanding	921,890	921,890

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Income Statement [Abstract]
Net sales
Cost of sales
Gross profit
Operating expenses
Impairment loss	$ 5,758,000	$ 10,625,000
General and administrative expenses	1,156,713	791,275
Total operating expenses	6,914,713	11,416,275
Loss from operations	(6,914,713)	(11,416,275)
Interest income (expense)	(4,516,261)	(6,168,742)
Change in fair value of derivative liability	326,000	1,037,000
Losses from trading securities	(1,440)	(14,177)
Income (Loss) before income tax provision	$ (11,106,414)	$ (16,562,194)
Income tax provision
Net income (loss)	$ (11,106,414)	$ (16,562,194)
Basic and diluted income (loss) per common share	$ (19.21)	$ (28.65)
Weighted average number of common shares outstanding - Basic	578,000	578,000
Weighted average number of common shares outstanding - Diluted

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficiency - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Series C Voting Convertible Preferred Stock [Member]
Balance	$ 921	$ 921
Balance, shares	921,890	921,890
Net loss
Balance	$ 921	$ 921
Balance, shares	921,890	921,890
Common Stock [Member]
Balance	$ 58	$ 58
Balance, shares	578,346	578,346
Net loss
Balance	$ 58	$ 58
Balance, shares	578,346	578,346
Additional Paid-in Capital [Member]
Balance	$ (9,584,242)	$ (9,584,242)
Net loss
Balance	$ (9,584,242)	$ (9,584,242)
Accumulated Deficit [Member]
Balance	(22,608,256)	(6,046,062)
Net loss	(11,106,414)	(16,562,194)
Balance	(33,714,670)	(22,608,256)
Balance	(32,191,519)	(15,629,325)
Net loss	(11,106,414)	(16,562,194)
Balance	$ (43,297,933)	$ (32,191,519)

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Operating activities:
Net Loss	$ (11,106,414)	$ (16,562,194)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Impairment of long-lived assets	5,758,000	10,625,000
Change in fair value of derivative liability	(326,000)	(1,037,000)
Unrealized (gains) losses on trading securities	18	11,895
Amortization of debt discount	1,213,133	2,984,884
Changes in Assets and Liabilities
Prepaid and other current assets	48,749	(70,615)
Increase in accounts payable and accrued expenses	(288,426)	347,425
Increase in accrued interest	3,303,985	3,183,540
Net cash used in operating activities	(1,396,955)	(517,065)
Investing activities:
Restricted cash	(497,976)	283,238
Proceeds from sale of trading securities	675,129	729,389
Purchases of trading securities	(107,972)	(1,031,773)
Net cash provided by (used in) investing activities	69,181	(19,146)
Financing activities
Line of credit	(18,238)	9,831
Proceeds from issuance of senior secured convertible debenture	$ 525,000	1,202,411
Proceeds from issuance of promissory notes		168,000
Retirement of promissory notes in exchange for convertible debenture		(168,000)
Net cash provided by financing activities	$ 506,762	1,212,242
(Decrease) increase in cash	(821,012)	676,031
Cash and cash equivalents, beginning of year	856,061	180,030
Cash and cash equivalents, end of year	35,049	856,061
NONCASH INVESTING AND FINANCING ACTIVITIES
Debt discount derived from derivative liability - Senior Secured convertible debentures	$ 276,000	$ 435,000

Basis of Presentation and Natur

Basis of Presentation and Nature of Organization	12 Months Ended
	Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Nature of Organization	1. Basis of Presentation and Nature of Organization Nature of Operations Westport Energy Holdings Inc.’s wholly owned subsidiary, Westport Acquisition LLC and its wholly owned subsidiary, Westport Energy, LLC (the Company), was formed in December of 2008, in the State of Delaware, as a limited liability company. Westport Energy is an exploration stage company engaged in the exploration for coalbed methane in the Coos Bay region of Oregon. Westport Energy holds leases to approximately 104,000 acres of prospective coalbed methane lands in the Coos Bay Basin. The Company’s common stock is traded on OTC Pink Marketplace under the symbol WPTH. Reverse Merger On August 17, 2010 Westport Energy Holdings Inc. (“Westport” or the “Company”), Westport Acquisition, Inc., a Delaware corporation (and a recently organized wholly-owned subsidiary of Westport) (“Westport Acquisition”),and the preferred shareholder completed a reverse merger, pursuant to an LLC Membership Interest Purchase Agreement (the “Agreement”) with Westport Energy, LLC, a Delaware Limited Liability Company (“Westport Energy”) (a wholly-owned subsidiary of New Earthshell Corporation). Pursuant to the Agreement and as a condition to consummation of the reverse merger, the Company issued New Earthshell Corporation (“NEC”) a Senior Secured Convertible Debenture in the principal amount of $27,640,712, in consideration for the acquisition of the membership interest in Westport Energy. New Earthshell Corporation is 100% owned by YA Global Investments (YA Global) At the time of the closing, Viridis Capital LLC, in exchange for $10 transferred to 4 Sea-sons, LLC all of the shares of Series C Preferred Stock issued by Westport, which were owned by Viridis Capital LLC. 4Sea-sons, LLC is 100% owned by Stephen J. Schoepfer, who subsequent to closing, was elected chairman of the Board of Directors, Chief Executive and Financial Officer and Secretary of Westport and President of Westport Acquisition and Energy. The transferred preferred stock represents 80% of the voting interest on an as converted basis. As a result of such transfer and its ownership interest in the Series C Preferred Stock, the Preferred Shareholder now owns the majority of the equity in Westport. The Company accounted for the transaction as a business combination, with Westport Energy deemed to be the accounting acquirer. The assets and liabilities and the historical operations reflected in the financial statements are those of Westport Energy and are presented at the historical cost basis, along with the fair value of the liabilities acquired from Westport at the date of acquisition, August 17, 2010. The liabilities acquired were recorded as a reduction in the historical additional paid-in capital of Westport Energy. All recapitalization entries have been appropriately recorded with a resulting elimination of Westport’s historical accumulated deficit and additional paid-in capital. The following table summarizes the amounts recorded into the historical books and records of Westport Energy as of the date of acquisition: Recognized Amounts of Identifiable Liabilities Assumed Accrued interest $ 1,154,193 Convertible debentures 6,083,026 Total identifiable liabilities $ 7,237,219 In addition, preferred stock and common stock at par value were recorded against additional paid-in capital for $921 and $287,931 at the date of acquisition, respectively. Liquidity and Going Concern The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles, which contemplate continuation of the Company as a going concern. The Company has recurring deficits, a large accumulated deficit and is in the exploration stage of development, and has no revenues. These items raise substantial doubt about the Company’s ability to continue as a going concern. In view of these matters, realization of the assets of the Company is dependent upon the Company’s ability to meet its financial requirements and the success of future operations. As of December 31, 2012 the Company is not compliant with the repayment terms of the convertible notes and is in technical default. The senior secured convertible debentures have cross-default provisions within the agreement, which necessitated their classification as a current liability. All convertible debentures are currently due and the Company continues to work with the note holders to remediate the default. The Company’s future success is dependent upon its ability to achieve profitable operations and raise the appropriate funds needed. There is no guarantee whether the Company will be able to generate enough revenue and or raise capital to support these operations. The Company cannot predict how long it will continue to incur further losses or whether it will ever become profitable, or if its business will improve. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the outcome of this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2012
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Recent Accounting Pronouncements In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-15 – Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 defines management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and provides related footnote disclosure requirements. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting establishes the fundamental basis for measuring and classifying assets and liabilities. The Update provides guidance on when there is substantial doubt about an organization’s ability to continue as a going concern and how the underlying conditions and events should be disclosed in the footnotes. It is intended to reduce diversity that existed in footnote disclosures because of the lack of guidance about when substantial doubt existed. The amendments in this Update are effective for the Company beginning in the first quarter of 2017. Early application is permitted. Management is currently evaluating the effect that the updated standard will have on the consolidated financial statements and related disclosures. In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation (“ASU 2014-10”). ASU 2014-10 Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All significant inter-company transactions and accounts have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents consists principally of currency on hand, demand deposits at commercial banks, and liquid investment funds having a maturity of three months or less at the time of purchase. Restricted Cash and trading securities Restricted cash and trading securities relate to funds held related to stand-by letters of credit totaling $675,000 related to the Company’s oil and gas properties. Trading Securities, restricted The Company’s trading securities were bought and held principally for the purpose of selling them in the near term and were classified as trading securities. Trading securities were recorded on the balance sheet in current assets at fair value using Level 1 inputs with the change in fair value during the year included in earnings. During 2012, the Company sold all outstanding securities and deposited the proceeds into certificates of deposit accounts with a financial institution. These funds remain restricted. The Company’s trading securities were comprised of United States Treasury Bills and Treasury Notes with maturity dates of one year or less and are summarized as follows: Unrealized Realized Fair Value Fair Value Trading securities (Losses) (Losses) December 31, 2012 December 31, 2011 United States Treasury Bills $ - $ - $ - $ - United States Treasury Notes $ - $ (1,440 ) $ - $ 567,175 Oil and Gas Properties The Company uses the “successful efforts” method to account for its acquisition, exploration and development activities. Under the successful efforts method, except for acquisition costs of properties, a direct relationship between costs incurred and specific reserves discovered is required before costs are identified with assets. Costs of acquisition and exploration activities that are known not to have resulted in the discovery of reserves are charged to expense. Acquisition costs associated with the acquisition of leases are capitalized when incurred. These costs consist of obtaining a mineral interest or right in a property, such as a lease, concession, license, production sharing agreement, or other type of agreement granting such rights. In addition, options to lease, brokers’ fees, recording fees, legal costs, and other similar costs related to activities in acquiring property interests are capitalized. Exploration activities, which generally consist of geological and geophysical or “G&G” costs consist of carrying and retaining unproved properties, such as delay rentals, ad valorem tax on unproved properties, maintenance of land and lease records and costs of unsuccessful exploratory wells are charged to expense as incurred. The costs of drilling exploratory and exploratory-type stratigraphic test wells are capitalized pending determination of whether the well has found proved reserves. If it is determined the well has not found proved reserves, the capitalized costs, net of any salvage value are charged to expense. Oil and Gas Properties (continued) Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible—from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations—prior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced or the operator must be reasonably certain that it will commence the project within a reasonable time. Internal acquisition, development, and exploration costs may be capitalized if directly related to acquisition, development, or exploration activities that are subject to capitalization under the successful efforts method. Capitalized costs are currently aggregated on two properties, which consist of the Coos Bay Property and the Chehalis Basin Property. The Company’s properties are currently unproved, and therefore capitalized costs are not amortized, but subject to impairment testing. In addition, as no properties have been classified as proved, development activities have not commenced. In the first quarter of 2010, the Company determined that the cost to continue exploration of the Chehalis Basin Property outweighed the benefit in which they projected. Therefore, lease agreements were not renewed with owners and the asset balance was fully impaired. This resulted in an impairment of approximately $1,331,000 recorded during the first quarter of 2010. In addition, the carrying value of the Coos Bay oil and gas properties was impaired during the fourth quarter of 2012 and 2011 for approximately $5,758,000 and $10,625,000, respectively. The impairments were the difference between the carrying value and the fair value on December 31, 2012 and 2011. The fair value was prepared by valuation experts using level 3 inputs in a discounted cash flow model. Impairment of Long—Lived Assets Long-lived assets, including oil and gas properties, are reviewed for impairment when circumstances indicate that the carrying value may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets with the future undiscounted net cash flows estimated by the Company to be generated by such assets. If the carrying amount exceeds the net undiscounted cash flows, the fair value of the assets are determined using appropriate valuation techniques. The impairment loss is the extent to which the carrying value of the assets exceeds the fair value of the assets. Income Taxes The Company accounts for income taxes using the assets and liability method. Accordingly, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the tax rate is recognized in income or expense in the period that the change is effective. Tax benefits are recognized when it is probable that the deduction will be sustained. A valuation allowance is established when it is more likely than not that all or a portion of a deferred tax asset will not be realized. Fair Value of Financial Instruments Generally accepted accounting principles (GAAP) require disclosing the fair value of financial instruments to the extent practicable for financial instruments which are recognized or unrecognized in the balance sheet. The fair value of the financial instruments disclosed herein is not necessarily representative of the amount that could be realized or settled, nor does the fair value amount consider the tax consequences of realization or settlement. In assessing the fair value of financial instruments, the Company uses a variety of methods and assumptions, which are based on estimates of market conditions and risks existing at the time. For certain instruments, including cash and cash equivalents, trading securities, line of credit and accounts payable it was estimated that the carrying amounts approximated fair value because of the short maturities of these instruments. All debt is based on current rates at which the Company could borrow funds with similar remaining maturities and approximates fair value. Derivative Financial Instruments The Company reviewed the terms of convertible debt and equity instruments issued to determine whether there are embedded derivative instruments, including the embedded conversion option, that are required to be bifurcated and accounted for separately as a derivative financial instrument. In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. In connection with the sale of convertible debt and equity instruments, the Company may also issue freestanding options or warrants. If freestanding options or warrants were issued and will be accounted for as derivative instrument liabilities (rather than as equity), the proceeds are first allocated to the fair value of those instruments. When the embedded derivative instrument is to be bifurcated and accounted for as a liability, the remaining proceeds received are then allocated to the fair value of the bifurcated derivative instrument. The remaining proceeds, if any, are then allocated to the convertible instrument, usually resulting in that instrument being recorded at a discount from its face amount. In circumstances where a freestanding derivative instrument is to be accounted for as an equity instrument, the proceeds are allocated between the convertible instrument and the derivative equity instrument, based on their relative fair values. Derivative financial instruments are initially measured at their fair value. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income. For option-based derivative financial instruments, the Company uses the Black-Scholes option pricing model to value the derivative instruments. The discount from the face value of the convertible debt instrument resulting from the allocation of part of the proceeds to embedded derivative instruments and/or freestanding options or warrants is amortized over the life of the instrument through periodic charges to income. Fair Value Framework Certain financial assets and liabilities are accounted for at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following fair value hierarchy prioritizes the inputs used to measure fair value: ● Level 1 — quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active exchange-traded securities and exchange-based derivatives. ● Level 2 — inputs other than quoted prices included within Level 1 that are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange based derivatives, mutual funds, and fair-value hedges. ● Level 3 — unobservable inputs for the asset or liability only used when there is little, if any, market activity for the asset or liability at the measurement date. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded, non-exchange-based derivatives and commingled investment funds, and are measured using present value pricing models. The Company’s derivative liabilities and trading securities are marked to market every reporting period using level 3 and level 1 input’s, respectively. The following table reconciles, for the year ended December 31, 2012, the beginning and ending balances for financial instruments that are recognized at fair value using level 3 inputs in the consolidated financial statements: Balance of derivative liability as of December 31, 2011 $ 4,009,000 Additional liability incurred 276,000 Change in fair value during year (326,000 ) Balance at December 31, 2012 $ 3,959,000 Net Loss per Share of Common Stock The Company’s basic income (loss) per common share is based on net income (loss) for the relevant period, divided by the weighted average number of common shares outstanding during the period. Diluted income per common share is based on net income, divided by the weighted average number of common shares outstanding during the period, including common share equivalents, such as outstanding stock options and beneficial conversion of related party accounts. Diluted loss per share does not include common stock equivalents, as these shares would have no effect. The computation of diluted loss per share also does not assume conversion, exercise or contingent exercise of securities due to the beneficial conversion of related party accounts, as this would be anti-dilutive. The computation of basic and diluted net loss attributable to common stockholders is as follows: December 31, 2012 December 31, 2011 Net loss attributable to common stockholders $ 11,106,414 $ 16,562,000 Weighted-average common shares outstanding 578,000 578,000 Basic and diluted net loss per share $ (19.21 ) $ (28.65 ) Potentially Dilutive Securities The following table summarizes the potentially dilutive securities which were excluded from the above computation of basic and diluted net loss per share of common stock due to their anti-dilutive effect: December 31, 2012 December 31, 2011 Warrants 400 600 Senior secured convertible debentures 47,807,000 22,544,000 Convertible debentures 13,182,000 13,182,000

Oil and Gas Properties, Unprove

Oil and Gas Properties, Unproven	12 Months Ended
	Dec. 31, 2012
Extractive Industries [Abstract]
Oil and Gas Properties, Unproven	3. Oil and Gas Properties, Unproven Summary As of December 31, 2012 the remaining capitalized costs of Oil and Gas Properties, unproved are summarized as follows: Acquisition Costs Impairment Total Coos Bay Basin Property Year ended 2008 $ 24,141,000 $ - $ 24,141,000 Year ended 2009 - - - Year ended 2010 - (3,041,000 ) (3,041,000 ) Year ended 2011 (10,625,000 ) (10,625,000 ) Year ended 2012 (5,758,000 ) (5,758,000 ) Total $ 24,141,000 $ (19,424,000 ) $ 4,717,000 History On November 26, 2008, the United States Bankruptcy Court for the District of Oregon approved the entry of an Asset Purchase Agreement between YA Global, as the Buyer, and Torrent Energy, Inc., Methane Energy Corp., and Cascadia Energy Corp. (collectively the Seller). The Purchase Agreement consisted of YA Global acquiring 100% ownership of the Coos Bay Basin Property in exchange for forgiveness of debentures outstanding with Seller, as well as stock issued by the Seller which was held by the Buyer. On the same date in which the Purchase Agreement took place, YA Global contributed all property received into their wholly owned Westport Energy, LLC. On August 17, 2010, Westport Acquisition, Inc., a subsidiary of Westport, entered into a LLC Purchase Agreement (the “Agreement”) with NEC to acquire 100% of the membership interest in Westport Energy. Westport Energy is engaged in the exploration for coalbed methane in the Coos Bay region of Oregon. Westport Energy holds leases to approximately 104,000 acres of prospective coalbed methane lands in the Coos Bay Basin. The Company’s oil and gas properties are currently unproven and ongoing exploration activities are planned and will require additional significant expenditures which funding must be raised from external sources. These exploration activities include formation stimulation and production testing of existing wells drilled in our Coos Bay project. Assuming that additional funding from external sources is obtained, additional time will be required to complete the first phase of exploration activities on certain unproved properties and at that time an assessment will be made for reclassification of a portion of the unproved reserves to proved reserves. Once properties have been classified as proven, then certain of the costs incurred would be considered placed into service and amortized. Chehalis Basin Property On November 26, 2008, the United States Bankruptcy Court for the District of Oregon approved the entry of an Asset Purchase Agreement between YA Global, as the Buyer, and Torrent Energy, Inc., Methane Energy Corp., and Cascadia Energy Corp. (collectively the Seller). The Purchase Agreement consisted of YA Global acquiring 100% ownership of the Chehalis Basin Property in exchange for forgiveness of debentures outstanding with the Seller, as well as stock issued by the Seller which was held by the Buyer. On the same date in which the Purchase Agreement took place, YA Global contributed all property received into NEC, which in turn contributed it into their wholly owned subsidiary, Westport Energy, LLC. Impairment – Chehalis Basin Property In January 2010, the Company determined that the cost to continue exploration of the Chehalis Basin Property outweighed the benefit in which they projected. Therefore, lease agreements were not renewed with owners and the asset balance was fully impaired. This resulted in an impairment of approximately $1,331,000 during the first quarter of 2010. On May 13, 2010, the Company received formal notice from Washington State Department of Natural Resources that these leases had been cancelled and forfeited effective May 7, 2010. Impairment During the fourth quarter of 2012 and 2011, the Company determined that the carrying cost of the Coos Bay property exceeded the fair value of the property by approximately $5,758,000 and $10,625,000, respectively. The fair value of the property was independently valued based upon a discounted cash flow using management’s estimates, which are considered level 3 inputs. The differences were recorded as impairment charges in the statement of operations.

Environmental Matters

Environmental Matters	12 Months Ended
	Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]
Environmental Matters	4. Environmental Matters The Company has established procedures for a continuing evaluation of its operations to identify potential environmental exposures and to assure compliance with regulatory policies and procedures. Management monitors these laws and regulations and periodically assesses the propriety of its operational and accounting policies related to environmental issues. The nature of the Company’s business requires routine day-to-day compliance with environmental laws and regulations. The Company incurred no material environmental investigation, compliance and remediation costs for the years ended December 31, 2012 and 2011. The Company is unable to predict whether its future operations will be materially affected by these laws and regulations. It is believed that legislation and regulations relating to environmental protection will not materially affect the results of operations of the Company.

Convertible Debentures, Derivat

Convertible Debentures, Derivative Liability and Debt Discount	12 Months Ended
	Dec. 31, 2012
Debt Disclosure [Abstract]
Convertible Debentures, Derivative Liability and Debt Discount	5. Convertible Debentures, Derivative Liability and Debt Discount The following is a summary of the Company’s senior secured convertible debenture arrangements: Senior Secured Convertible Debenture Senior secured convertible debentures: Conversion Price 2012 2011 Due August 2012 – 9% 0.65 $ 27,641,000 $ 27,641,000 Due August 2012 – 9% 0.45 650,000 650,000 Due August 2012 – 9% 0.45 120,000 120,000 Due December 2013 – 9% 0.45 910,000 910,000 Due December 2013 – 9% 0.45 172,000 172,000 Due December 2013 – 9% 0.45 200,000 - Due December 2013 – 9% 0.45 25,000 - Due December 2013 – 9% 0.45 25,000 - Due December 2013 – 9% 0.45 50,000 - Due December 2013 – 9% 0.45 50,000 - Due December 2013 – 9% 0.45 75,000 - Due December 2013 – 9% 0.45 100,000 - Debt discount - (405,000 ) (1,342,000 ) Total senior secured convertible debentures $ 29,613,000 $ 28,151,000 The senior secured convertible debentures (“senior debentures”), plus accrued interest are convertible into common stock at various conversion rates which are subject to adjustment and beneficial ownership limitations. The conversion rates are subject to reduction based on the volume weighted average price (“VWAP”) for the period preceding the conversion date or other date of determination, based upon the contractual provisions included in the debenture agreements. The senior debentures are secured by a Guaranty and Security agreement dated August 17, 2010 provided by Westport Energy and Westport Acquisition provided to NEC and YA Global pursuant to which the guarantors unconditionally and irrevocably guarantee the full payment and performance of obligations the Company owes to NEC. In addition, the grantors of the security agreement grant to NEC security interest in all the assets and personal property of each grantor in order to secure the obligations under the NEC note. Convertible Debenture The following is a summary of the Company’s convertible debenture arrangements: Convertible debentures: Conversion Price 2012 2011 Due December 2010 – 5% 0.50 $ 592,000 $ 592,000 Due December 2010 – 12% 0.45 570,000 570,000 Due December 2010 – 5% 0.50 921,000 921,000 Due December 2011– 12% 0.45 4,000,000 4,000,000 Debt discount of $2,685,000 - - - Total convertible debentures $ 6,083,000 $ 6,083,000 The convertible debentures (“debentures”), plus accrued interest are convertible into common stock of the Company at a conversion rate generally based on the lower of $.10 or 90% of the average of the three lowest closing market prices of the Company’s stock for the thirty days preceding conversion, subject to adjustment and beneficial ownership limitations. Technical default The Company is not compliant with the repayment terms of the convertible notes and is in technical default. The senior secured convertible debentures have cross-default provisions within the agreement, which necessitated their classification as a current liability. All convertible debentures are currently due and the Company continues to work with the note holders to remediate the default. Derivative Liability –Conversion Option Features of the convertible debentures, including such provisions as price protection required the Company to treat the conversion options as a derivative liability. The Company used the Black-Scholes option pricing model to calculate the fair value of the conversion options. Assumptions utilized to calculate the fair value of the derivative liability were as follows: December 31, 2012 December 31, 2011 Risk Free Interest Rate 1 % 1 % Volatility 144 % 67 % Term .9 years .7 years Dividend Rate 0 % 0 % Closing Price of Common Stock $ 0.50 $ 0.50 Debt Discount The Company records debt discount related to the fair value of the conversion options of the convertible notes on the date of issuance. Debt discount is accreted over the term of the respective note. During 2012 and 2011, debt discount of $276,000 and $435,000 was recorded related to the issuance of the senior debentures and debentures. During the year ending December 31, 2012 and 2011, the Company recorded accretion expense of approximately $1,213,000 and $2,985,000, respectively. Accrued Interest During the year ended December 31, 2012 and 2011 the Company incurred accrued interest of approximately $3,304,000 and $3,184,000, respectively.

Promissory Notes

Promissory Notes	12 Months Ended
	Dec. 31, 2012
Debt Disclosure [Abstract]
Promissory Notes	6. Promissory Notes During 2011, the Company issued to YA Global Investments, L.P., three short term promissory notes in the principal amounts of $30,000, $88,000, and $50,000. The notes bear interest at the rate of 10% per annum, payable at maturity. On December 6, 2011, the three promissory notes were surrendered in consideration of a senior secured promissory note issued on that date for the total value of the three promissory notes, plus accrued interest.

Reverse Stock Split

Reverse Stock Split	12 Months Ended
	Dec. 31, 2012
Reverse Stock Split
Reverse Stock Split	7. Reverse Stock Split The Company authorized a one-for-five thousand reverse stock split on November 29, 2012, to take effect on December 3, 2012. Each five thousand shares of common stock of the Company, either issued and outstanding or held by the Company as treasury stock, immediately prior to the time this action became effective was automatically reclassified and changed into one fully paid and nonassessable share of common stock of the Company. All share and related information presented in these financial statements and accompanying footnotes has been retroactively adjusted to reflect the reduced number of shares resulting from this action.

Stockholders' Deficiency

Stockholders' Deficiency	12 Months Ended
	Dec. 31, 2012
Equity [Abstract]
Stockholders' Deficiency	8. Stockholders’ Deficiency Series C Preferred Stock Shares of the Company’s Series C Preferred Stock (the “Series C Shares”) may be converted by the holder into Company common stock. The conversion ratio is such that the full 1,000,000 Series C Shares originally issued will convert into Company common shares representing 74% of the fully diluted outstanding common shares outstanding after the conversion (which includes all common shares outstanding plus all common shares potentially issuable upon the conversion of all derivative securities not held by the holder), but only if, at the time of the conversion, the Company is not registered with the SEC as a development company. The holder of Series C Shares may cast the number of votes at a shareholders meeting or by written consent that equals the number of common shares into which the Series C Shares are convertible on the record date for the shareholder action. In the event the Board of Directors declares a dividend payable to Company common shareholders, the holders of Series C Shares will receive the dividend that would be payable if the Series C Shares were converted into Company common shares prior to the dividend. In the event of a liquidation of the Company, the holders of Series C Shares will receive a preferential distribution of $0.001 per share, and will share in the distribution as if the Series C Shares had been converted into common shares. Common Stock During the year ended December 31, 2010 and prior to the reverse merger, the Company issued approximately 2.4 billion common shares. These shares were recapitalized in accordance with the par value of the respective equity instruments upon consummation of the agreement. Warrants As of December 31, 2012 and 2011 the Company had 400 and 550 warrants outstanding, respectively, with an aggregate exercise price of $750 per share. The remaining warrants expire in January 2013.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes The (provision) benefit for income taxes was $- for the years ended December 31, 2012 and 2011. The Company’s effective tax rate differs from the federal statutory rate of 34% as follows: 2012 2011 Statutory federal tax (benefit) rate (34 )% (34 )% State and local taxes, net of federal benefit (6 )% (6 )% Permanent Difference - - Valuation Allowance 40 % 40 % Effective Tax Rate - % - % The tax effects of temporary differences that give rise to deferred tax assets and liabilities consist of the following: 2012 2011 Net Operating loss carry forwards – Federal $ 2,911,000 $ 2,868,000 Net Operating loss carry forwards – State 508,000 501,000 Oil and gas properties, unproven 6,543,000 4,244,000 Derivative liability 1,361,000 1,601,000 Accrued interest 3,099,000 1,780,000 Start-up costs 964,000 552,000 Debt Discount (162,000 ) (536,000 ) Net deferred tax assets and liabilities 15,224,000 11,010,000 Valuation allowance (15,224,000 ) (11,010,000 ) Net deferred tax assets $ - $ - As of December 31, 2012, the Company had federal and state net operating loss carry forwards of approximately $8,521,000, which are expected to expire between 2022 and 2032 The Company is subject to Section 382 of the IRS Code relating to a change in ownership. In addition, future changes in ownership could limit the utilization of the net operating loss carryforward and may be subject to substantial annual limitation due to the ownership change limitations provided by the IRS Code of 1986, as amended and similar state provisions. The annual limitation will result in the expiration of the net operating loss before utilization. The Company maintains a 100% valuation allowance on its net deferred tax assets until the Company achieves and sustains an appropriate level of profitability; it plans to maintain a valuation allowance on its net deferred tax assets on a fully reserved basis. During the fiscal years ended 2012 and 2011, the Company did not have unrecognized tax benefits and accordingly did not recognized interest expense or penalties related to unrecognized tax benefits. The Company’s tax returns are subject to examination by tax authorities for three years from the date of filing.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2012
Subsequent Events [Abstract]
Subsequent Events	10. Subsequent Events On various dates between January 1, 2013 and November 30, 2014, the Company issued to YA Global, L.P., nine senior secured convertible debentures, with aggregate principal amounts totaling $425,000. The debentures bear interest at the rate of 9% per annum, payable at maturity. The maturity date of the notes was December 31, 2013. The holder of the debentures is entitled to convert the principal and accrued interest into common stock of the Company at a conversion rate equal to the lesser of $15 (fixed conversion price) or 90% of the lowest daily VWAP of the common stock during the 10 consecutive trading days immediately preceding the conversion date or other date of determination, subject to adjustment as provided for in the debentures. In May 2013, the Company issued a senior secured convertible debenture to YA Global in the principal amount of $200,000. The debenture was issued in consideration for the assignment from YA Global to the Company of a debenture issued by another entity to YA Global with an original principal amount of $150,000 plus accrued interest of $14,831. The Company recognized the remaining $35,169 as a shareholder distribution. On February 5, 2014, the Company entered into a securities purchase agreement (the “SPA”) with YA Global Investments, L.P., pursuant to which YA Global agreed to purchase a convertible debenture in the original principal amount of $1,080,000. This debenture has a maturity date of February 6, 2016 and bears interest at the rate of 12% per annum, which interest shall be paid in eighteen consecutive monthly payments no later than the fifteenth day of each month commencing on August 15, 2014. The holder of this debenture is entitled to convert the principal and accrued interest on the debenture into common stock of the Company at a conversion rate equal to 90% of the lowest daily VWAP of the common stock during the 10 consecutive trading days immediately preceding the conversion date or other date of determination, subject to adjustment as provided for in the debentures. Pursuant to the terms of the SPA, the purchase price for Debenture CICS-28 was paid as follows: (A) $200,000 was paid by the surrender by YA Global for cancelation of Secured Convertible Debenture No. CICS-25 issued by Westport to YA Global on August 20, 2013 in the original principal amount of $100,000, Secured Convertible Debenture No. CICS-26 issued by Westport to YA Global on November 1, 2013 in the original principal amount of $50,000 and Secured Convertible Debenture No. CICS-27 issued by Westport to YA Global on December 19, 2013 in the original principal amount of $50,000 and (B) $800,000 was paid by wire transfer of immediately available funds to the account of Westport. Pursuant to the SPA, Westport and YA Global also entered into a Royalty Agreement dated February 5, 2014 pursuant to which Westport agreed to pay YA Global a royalty equal to 25% of “Net Sales” from certain gas wells identified as the “Allocated Wells” under the SPA (the “Initial YA Royalty Agreement”). Following the execution of the SPA, Debenture CICS-28 and the Initial YA Royalty Agreement, YA Global entered into a Non-Recourse assignment agreement with Queensbury, Inc. (“Queensbury”), dated February 5, 2014, pursuant to which YA Global assigned one-half (1/2) of its 25% royalty under the Initial YA Royalty Agreement to Queensbury (the “Queensbury Assignment”) and notified Westport of such assignment by letter dated February 5, 2014 (the “Assignment Notice Letter”). Following the Queensbury Assignment and receipt by Westport of the Assignment Notice Letter, YA Global and Westport cancelled Debenture CICS-28 and the Initial YA Royalty Agreement and Westport then (i) issued to YA Global Debenture No. CICS-28A in the original principal amount of $540,000, which debenture was identical in form to Debenture No. CICS-28, except for the original principal amount of Debenture CICS-28A; (ii) issued to Queensbury Debenture No. CICS-28B in the original principal amount of $540,000, which debenture was identical in form to Debenture No. CICS-28, except for the original principal amount of Debenture CICS-28B; (iii) entered into a new Royalty Agreement with YA Global dated February 5, 2014, which was identical in form to the Initial YA Royalty Agreement except that the royalty thereunder is equal to 12.5% of the “Net Sales” from the Allocated Wells; and (iv) entered into a Royalty Agreement with Queensbury dated February 5,2014, which was identical in form to the Initial YA Royalty Agreement except that the royalty thereunder is equal to 12.5% of the “Net Sales” from the Allocated Wells. On February 26, 2014 Westport entered into an agreement with the State of Oregon, acting through the Department of State Lands (“DSL”) pursuant to which (i) Westport would pay to DSL $59,698 in delay rent pursuant to nine separate oil and gas leases between Westport and DSL (the “DSL Leases”); (ii) Westport would quitclaim all of its right, title and interest in all lands subject to the DSL Leases and thereby surrender and terminate the DSL Leases; and (iii) DSL would return directly to Westport’s issuing bank for cancellation the $250,000 letter of credit issued pursuant to the DSL leases. Immediately following the agreement, all of the required acts pursuant to the agreement were consummated by each party resulting in the quitclaim by Westport of a total of 9,781 acres. On April 28, 2015, Westport quitclaimed all of its right, title and interest in all lands subject to the oil and gas lease between Westport and Coos County, a political subdivision of the State of Oregon (“Coos County”) dated June 19, 2002 (the “Coos County Lease”) and thereby surrendered and terminated the Coos County Lease. In addition, the $100,000 letter of credit issued pursuant to the Coos County Lease was returned by Coos County directly to Westport’s issuing bank for cancellation. Westport quitclaimed a total of 29,002 acres as a result of the surrender and termination of the Coos County Lease. As of July 31, 2015, Westport maintains oil and gas leases covering approximately 26,708 acres, but intends to concentrate its CBM gas development efforts on wells sites located on the property leased under Westport’s oil and gas lease with Menasha Development Corporation (the “Menasha Lease”). The Menasha Lease covers 16,427.23 acres and can accommodate approximately 51 wells, five of which are already drilled and in the final stages of connection to the nearby gas pipeline.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2012
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-15 – Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). ASU 2014-15 defines management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and provides related footnote disclosure requirements. Under U.S. GAAP, financial statements are prepared under the presumption that the reporting organization will continue to operate as a going concern, except in limited circumstances. Financial reporting under this presumption is commonly referred to as the going concern basis of accounting. The going concern basis of accounting establishes the fundamental basis for measuring and classifying assets and liabilities. The Update provides guidance on when there is substantial doubt about an organization’s ability to continue as a going concern and how the underlying conditions and events should be disclosed in the footnotes. It is intended to reduce diversity that existed in footnote disclosures because of the lack of guidance about when substantial doubt existed. The amendments in this Update are effective for the Company beginning in the first quarter of 2017. Early application is permitted. Management is currently evaluating the effect that the updated standard will have on the consolidated financial statements and related disclosures. In June 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation (“ASU 2014-10”). ASU 2014-10
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary. All significant inter-company transactions and accounts have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consists principally of currency on hand, demand deposits at commercial banks, and liquid investment funds having a maturity of three months or less at the time of purchase.
Restricted Cash and Trading Securities	Restricted Cash and trading securities Restricted cash and trading securities relate to funds held related to stand-by letters of credit totaling $675,000 related to the Company’s oil and gas properties.
Trading Securities, Restricted	Restricted Cash and trading securities Restricted cash and trading securities relate to funds held related to stand-by letters of credit totaling $675,000 related to the Company’s oil and gas properties.
Oil and Gas Properties	Oil and Gas Properties The Company uses the “successful efforts” method to account for its acquisition, exploration and development activities. Under the successful efforts method, except for acquisition costs of properties, a direct relationship between costs incurred and specific reserves discovered is required before costs are identified with assets. Costs of acquisition and exploration activities that are known not to have resulted in the discovery of reserves are charged to expense. Acquisition costs associated with the acquisition of leases are capitalized when incurred. These costs consist of obtaining a mineral interest or right in a property, such as a lease, concession, license, production sharing agreement, or other type of agreement granting such rights. In addition, options to lease, brokers’ fees, recording fees, legal costs, and other similar costs related to activities in acquiring property interests are capitalized. Exploration activities, which generally consist of geological and geophysical or “G&G” costs consist of carrying and retaining unproved properties, such as delay rentals, ad valorem tax on unproved properties, maintenance of land and lease records and costs of unsuccessful exploratory wells are charged to expense as incurred. The costs of drilling exploratory and exploratory-type stratigraphic test wells are capitalized pending determination of whether the well has found proved reserves. If it is determined the well has not found proved reserves, the capitalized costs, net of any salvage value are charged to expense. Proved oil and gas reserves are those quantities of oil and gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible—from a given date forward, from known reservoirs, and under existing economic conditions, operating methods, and government regulations—prior to the time at which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, regardless of whether deterministic or probabilistic methods are used for the estimation. The project to extract the hydrocarbons must have commenced or the operator must be reasonably certain that it will commence the project within a reasonable time. Internal acquisition, development, and exploration costs may be capitalized if directly related to acquisition, development, or exploration activities that are subject to capitalization under the successful efforts method. Capitalized costs are currently aggregated on two properties, which consist of the Coos Bay Property and the Chehalis Basin Property. The Company’s properties are currently unproved, and therefore capitalized costs are not amortized, but subject to impairment testing. In addition, as no properties have been classified as proved, development activities have not commenced. In the first quarter of 2010, the Company determined that the cost to continue exploration of the Chehalis Basin Property outweighed the benefit in which they projected. Therefore, lease agreements were not renewed with owners and the asset balance was fully impaired. This resulted in an impairment of approximately $1,331,000 recorded during the first quarter of 2010. In addition, the carrying value of the Coos Bay oil and gas properties was impaired during the fourth quarter of 2012 and 2011 for approximately $5,758,000 and $10,625,000, respectively. The impairments were the difference between the carrying value and the fair value on December 31, 2012 and 2011. The fair value was prepared by valuation experts using level 3 inputs in a discounted cash flow model.
Impairment of Long-Lived Assets	Impairment of Long—Lived Assets Long-lived assets, including oil and gas properties, are reviewed for impairment when circumstances indicate that the carrying value may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets with the future undiscounted net cash flows estimated by the Company to be generated by such assets. If the carrying amount exceeds the net undiscounted cash flows, the fair value of the assets are determined using appropriate valuation techniques. The impairment loss is the extent to which the carrying value of the assets exceeds the fair value of the assets.
Income Taxes	Income Taxes The Company accounts for income taxes using the assets and liability method. Accordingly, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in the tax rate is recognized in income or expense in the period that the change is effective. Tax benefits are recognized when it is probable that the deduction will be sustained. A valuation allowance is established when it is more likely than not that all or a portion of a deferred tax asset will not be realized.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Generally accepted accounting principles (GAAP) require disclosing the fair value of financial instruments to the extent practicable for financial instruments which are recognized or unrecognized in the balance sheet. The fair value of the financial instruments disclosed herein is not necessarily representative of the amount that could be realized or settled, nor does the fair value amount consider the tax consequences of realization or settlement. In assessing the fair value of financial instruments, the Company uses a variety of methods and assumptions, which are based on estimates of market conditions and risks existing at the time. For certain instruments, including cash and cash equivalents, trading securities, line of credit and accounts payable it was estimated that the carrying amounts approximated fair value because of the short maturities of these instruments. All debt is based on current rates at which the Company could borrow funds with similar remaining maturities and approximates fair value.
Derivative Financial Instruments	Derivative Financial Instruments The Company reviewed the terms of convertible debt and equity instruments issued to determine whether there are embedded derivative instruments, including the embedded conversion option, that are required to be bifurcated and accounted for separately as a derivative financial instrument. In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. In connection with the sale of convertible debt and equity instruments, the Company may also issue freestanding options or warrants. If freestanding options or warrants were issued and will be accounted for as derivative instrument liabilities (rather than as equity), the proceeds are first allocated to the fair value of those instruments. When the embedded derivative instrument is to be bifurcated and accounted for as a liability, the remaining proceeds received are then allocated to the fair value of the bifurcated derivative instrument. The remaining proceeds, if any, are then allocated to the convertible instrument, usually resulting in that instrument being recorded at a discount from its face amount. In circumstances where a freestanding derivative instrument is to be accounted for as an equity instrument, the proceeds are allocated between the convertible instrument and the derivative equity instrument, based on their relative fair values. Derivative financial instruments are initially measured at their fair value. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income. For option-based derivative financial instruments, the Company uses the Black-Scholes option pricing model to value the derivative instruments. The discount from the face value of the convertible debt instrument resulting from the allocation of part of the proceeds to embedded derivative instruments and/or freestanding options or warrants is amortized over the life of the instrument through periodic charges to income.
Fair Value Framework	Fair Value Framework Certain financial assets and liabilities are accounted for at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following fair value hierarchy prioritizes the inputs used to measure fair value: ● Level 1 — quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access as of the measurement date. Financial assets and liabilities utilizing Level 1 inputs include active exchange-traded securities and exchange-based derivatives. ● Level 2 — inputs other than quoted prices included within Level 1 that are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. Financial assets and liabilities utilizing Level 2 inputs include fixed income securities, non-exchange based derivatives, mutual funds, and fair-value hedges. ● Level 3 — unobservable inputs for the asset or liability only used when there is little, if any, market activity for the asset or liability at the measurement date. Financial assets and liabilities utilizing Level 3 inputs include infrequently-traded, non-exchange-based derivatives and commingled investment funds, and are measured using present value pricing models. The Company’s derivative liabilities and trading securities are marked to market every reporting period using level 3 and level 1 input’s, respectively. The following table reconciles, for the year ended December 31, 2012, the beginning and ending balances for financial instruments that are recognized at fair value using level 3 inputs in the consolidated financial statements: Balance of derivative liability as of December 31, 2011 $ 4,009,000 Additional liability incurred 276,000 Change in fair value during year (326,000 ) Balance at December 31, 2012 $ 3,959,000
Net Loss per Share of Common Stock	Net Loss per Share of Common Stock The Company’s basic income (loss) per common share is based on net income (loss) for the relevant period, divided by the weighted average number of common shares outstanding during the period. Diluted income per common share is based on net income, divided by the weighted average number of common shares outstanding during the period, including common share equivalents, such as outstanding stock options and beneficial conversion of related party accounts. Diluted loss per share does not include common stock equivalents, as these shares would have no effect. The computation of diluted loss per share also does not assume conversion, exercise or contingent exercise of securities due to the beneficial conversion of related party accounts, as this would be anti-dilutive. The computation of basic and diluted net loss attributable to common stockholders is as follows: December 31, 2012 December 31, 2011 Net loss attributable to common stockholders $ 11,106,414 $ 16,562,000 Weighted-average common shares outstanding 578,000 578,000 Basic and diluted net loss per share $ (19.21 ) $ (28.65 )
Potentially Dilutive Securities	Potentially Dilutive Securities The following table summarizes the potentially dilutive securities which were excluded from the above computation of basic and diluted net loss per share of common stock due to their anti-dilutive effect: December 31, 2012 December 31, 2011 Warrants 400 600 Senior secured convertible debentures 47,807,000 22,544,000 Convertible debentures 13,182,000 13,182,000

Basis of Presentation and Nat18

Basis of Presentation and Nature of Organization (Tables)	12 Months Ended
	Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Recognized Amounts of Identifiable Liabilities Assumed	The following table summarizes the amounts recorded into the historical books and records of Westport Energy as of the date of acquisition: Recognized Amounts of Identifiable Liabilities Assumed Accrued interest $ 1,154,193 Convertible debentures 6,083,026 Total identifiable liabilities $ 7,237,219

Summary of Significant Accoun19

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2012
Accounting Policies [Abstract]
Schedule of Trading Securities	The Company’s trading securities were comprised of United States Treasury Bills and Treasury Notes with maturity dates of one year or less and are summarized as follows: Unrealized Realized Fair Value Fair Value Trading securities (Losses) (Losses) December 31, 2012 December 31, 2011 United States Treasury Bills $ - $ - $ - $ - United States Treasury Notes $ - $ (1,440 ) $ - $ 567,175
Schedule of Fair Value of Financial Instruments	The following table reconciles, for the year ended December 31, 2012, the beginning and ending balances for financial instruments that are recognized at fair value using level 3 inputs in the consolidated financial statements: Balance of derivative liability as of December 31, 2011 $ 4,009,000 Additional liability incurred 276,000 Change in fair value during year (326,000 ) Balance at December 31, 2012 $ 3,959,000
Schedule of Computation of Basic and Diluted Net Loss Attributable to Common Stockholders	The computation of basic and diluted net loss attributable to common stockholders is as follows: December 31, 2012 December 31, 2011 Net loss attributable to common stockholders $ 11,106,414 $ 16,562,000 Weighted-average common shares outstanding 578,000 578,000 Basic and diluted net loss per share $ (19.21 ) $ (28.65 )
Schedule of Potentially Dilutive Securities Excluded From Computation of Basic and Diluted Net Loss Per Share	The following table summarizes the potentially dilutive securities which were excluded from the above computation of basic and diluted net loss per share of common stock due to their anti-dilutive effect: December 31, 2012 December 31, 2011 Warrants 400 600 Senior secured convertible debentures 47,807,000 22,544,000 Convertible debentures 13,182,000 13,182,000

Oil and Gas Properties, Unpro20

Oil and Gas Properties, Unproven (Tables)	12 Months Ended
	Dec. 31, 2012
Extractive Industries [Abstract]
Schedule of Capitalized Costs of Oil and Gas Properties	As of December 31, 2012 the remaining capitalized costs of Oil and Gas Properties, unproved are summarized as follows: Acquisition Costs Impairment Total Coos Bay Basin Property Year ended 2008 $ 24,141,000 $ - $ 24,141,000 Year ended 2009 - - - Year ended 2010 - (3,041,000 ) (3,041,000 ) Year ended 2011 (10,625,000 ) (10,625,000 ) Year ended 2012 (5,758,000 ) (5,758,000 ) Total $ 24,141,000 $ (19,424,000 ) $ 4,717,000

Convertible Debentures, Deriv21

Convertible Debentures, Derivative Liability and Debt Discount (Tables)	12 Months Ended
	Dec. 31, 2012
Summary of Assumptions Utilized to Calculate Fair Value of Derivative Liability	Assumptions utilized to calculate the fair value of the derivative liability were as follows: December 31, 2012 December 31, 2011 Risk Free Interest Rate 1 % 1 % Volatility 144 % 67 % Term .9 years .7 years Dividend Rate 0 % 0 % Closing Price of Common Stock $ 0.50 $ 0.50
Senior Secured Convertible Debenture [Member]
Summary of Convertible Debenture	The following is a summary of the Company’s senior secured convertible debenture arrangements: Senior Secured Convertible Debenture Senior secured convertible debentures: Conversion Price 2012 2011 Due August 2012 – 9% 0.65 $ 27,641,000 $ 27,641,000 Due August 2012 – 9% 0.45 650,000 650,000 Due August 2012 – 9% 0.45 120,000 120,000 Due December 2013 – 9% 0.45 910,000 910,000 Due December 2013 – 9% 0.45 172,000 172,000 Due December 2013 – 9% 0.45 200,000 - Due December 2013 – 9% 0.45 25,000 - Due December 2013 – 9% 0.45 25,000 - Due December 2013 – 9% 0.45 50,000 - Due December 2013 – 9% 0.45 50,000 - Due December 2013 – 9% 0.45 75,000 - Due December 2013 – 9% 0.45 100,000 - Debt discount - (405,000 ) (1,342,000 ) Total senior secured convertible debentures $ 29,613,000 $ 28,151,000
Convertible Debenture [Member]
Summary of Convertible Debenture	The following is a summary of the Company’s convertible debenture arrangements: Convertible debentures: Conversion Price 2012 2011 Due December 2010 – 5% 0.50 $ 592,000 $ 592,000 Due December 2010 – 12% 0.45 570,000 570,000 Due December 2010 – 5% 0.50 921,000 921,000 Due December 2011– 12% 0.45 4,000,000 4,000,000 Debt discount of $2,685,000 - - - Total convertible debentures $ 6,083,000 $ 6,083,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Schedule of Effective Tax Rate Differs From Federal Statutory Rate	The Company’s effective tax rate differs from the federal statutory rate of 34% as follows: 2012 2011 Statutory federal tax (benefit) rate (34 )% (34 )% State and local taxes, net of federal benefit (6 )% (6 )% Permanent Difference - - Valuation Allowance 40 % 40 % Effective Tax Rate - % - %
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to deferred tax assets and liabilities consist of the following: 2012 2011 Net Operating loss carry forwards – Federal $ 2,911,000 $ 2,868,000 Net Operating loss carry forwards – State 508,000 501,000 Oil and gas properties, unproven 6,543,000 4,244,000 Derivative liability 1,361,000 1,601,000 Accrued interest 3,099,000 1,780,000 Start-up costs 964,000 552,000 Debt Discount (162,000 ) (536,000 ) Net deferred tax assets and liabilities 15,224,000 11,010,000 Valuation allowance (15,224,000 ) (11,010,000 ) Net deferred tax assets $ - $ -

Basis of Presentation and Nat23

Basis of Presentation and Nature of Organization (Details Narrative)	Aug. 17, 2010USD ($)a	Dec. 31, 2012USD ($)a	Dec. 31, 2011USD ($)
Percentage of voting interest transferred	80.00%
Additional paid-in capital		$ (9,584,242)	$ (9,584,242)
Additional Paid In Capital One [Member]
Additional paid-in capital	$ 921
Additional Paid In Capital Two [Member]
Additional paid-in capital	$ 287,931
YA Global Investments [Member]
Equity ownership interest rate	100.00%
YA Global Investments [Member] | Series C Preferred Stock [Member]
Business combination value of shares exchanged	$ 10
4 Seasons LLC [Member]
Equity ownership interest rate	100.00%
Westport Energy [Member]
Area of lease | a	104,000	104,000
Convertible Debenture	$ 27,640,712
Equity ownership interest rate	100.00%

Basis of Presentation and Nat24

Basis of Presentation and Nature of Organization - Schedule of Recognized Amounts of Identifiable Liabilities Assumed (Details) - Westport Energy [Member]	Aug. 17, 2010USD ($)
Accrued interest	$ 1,154,193
Convertible debentures	6,083,026
Total identifiable liabilities	$ 7,237,219

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended			12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Mar. 31, 2010	Dec. 31, 2012	Dec. 31, 2011
Letters of credit	$ 675,000			$ 675,000
Impairment loss			$ 1,331,000	$ 5,758,000	$ 10,625,000
Coos Bay Oil And Gas Properties [Member]
Impairment loss	$ 5,758,000	$ 10,625,000

Summary of Significant Accoun26

Summary of Significant Accounting Policies - Schedule of Trading Securities (Details) - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Realized gain/(Losses)	$ (1,440)	$ (14,177)
United States Treasury Bills [Member]
Unrealized gain/(Losses)
Realized gain/(Losses)
Fair value
United States Treasury Notes [Member]
Unrealized gain/(Losses)
Realized gain/(Losses)	$ (1,440)
Fair value		$ 567,175

Summary of Significant Accoun27

Summary of Significant Accounting Policies - Schedule of Fair Value of Financial Instruments (Details) - Level 3 [Member]	12 Months Ended
	Dec. 31, 2012USD ($)
Balance of derivative liability	$ 4,009,000
Additional liability incurred	276,000
Change in fair value during year	(326,000)
Balance at derivative liability	$ 3,959,000

Summary of Significant Accoun28

Summary of Significant Accounting Policies - Schedule of Computation of Basic and Diluted Net Loss Attributable to Common Stockholders (Details) - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Accounting Policies [Abstract]
Net loss attributable to common stockholders	$ 11,106,414	$ 16,562,000
Weighted-average common shares outstanding	578,000	578,000
Basic and diluted net loss per share	$ (19.21)	$ (28.65)

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Anti-Dilutive Securities Excluded From Computation of Basic and Diluted Net Loss Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Warrants [Member]
Anti dilutive basic and diluted net loss per share	400	600
Senior Secured Convertible Debentures [Member]
Anti dilutive basic and diluted net loss per share	47,807,000	22,544,000
Convertible Debentures [Member]
Anti dilutive basic and diluted net loss per share	13,182,000	13,182,000

Oil and Gas Properties, Unpro30

Oil and Gas Properties, Unproven (Details Narrative)	3 Months Ended			12 Months Ended
	Dec. 31, 2012USD ($)a	Dec. 31, 2011USD ($)	Mar. 31, 2010USD ($)	Dec. 31, 2012USD ($)a	Dec. 31, 2011USD ($)	Aug. 17, 2010a	Nov. 26, 2008
Impairment			$ 1,331,000	$ 5,758,000	$ 10,625,000
Westport Energy [Member]
Equity ownership interest rate						100.00%
Area of lease | a	104,000			104,000		104,000
Coos Bay Oil And Gas Properties [Member]
Impairment	$ 5,758,000	$ 10,625,000
YA Global Investments [Member]
Equity ownership interest rate						100.00%
YA Global Investments [Member] | Coos Bay Oil And Gas Properties [Member]
Equity ownership interest rate							100.00%
YA Global Investments [Member] | Chehalis Basin Property [Member]
Equity ownership interest rate							100.00%

Oil and Gas Properties, Unpro31

Oil and Gas Properties, Unproven - Schedule of Capitalized Costs of Oil and Gas Properties (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2010	Dec. 31, 2012	Dec. 31, 2011
Impairment	$ 1,331,000	$ 5,758,000	$ 10,625,000
Coos Bay Basin Property [Member]
Acquisition Costs		24,141,000
Impairment		(19,424,000)
Total		4,717,000
Coos Bay Basin Property [Member] | Year Ended 2008 [Member]
Acquisition Costs		$ 24,141,000
Impairment
Total		$ 24,141,000
Coos Bay Basin Property [Member] | Year Ended 2009 [Member]
Acquisition Costs
Impairment
Total
Coos Bay Basin Property [Member] | Year Ended 2010 [Member]
Acquisition Costs
Impairment		$ (3,041,000)
Total		$ (3,041,000)
Coos Bay Basin Property [Member] | Year Ended 2011 [Member]
Acquisition Costs
Impairment		$ (10,625,000)
Total		$ (10,625,000)
Coos Bay Basin Property [Member] | Year Ended 2012 [Member]
Acquisition Costs
Impairment		$ (5,758,000)
Total		$ (5,758,000)

Convertible Debentures, Deriv32

Convertible Debentures, Derivative Liability and Debt Discount (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Debt Disclosure [Abstract]
Conversion rate	$ 0.10
Percentage of conversion rate	90.00%
Debt discount	$ 276,000	$ 435,000
Accretion expense	1,213,000	2,985,000
Accrued interest	$ 3,304,000	$ 3,184,000

Convertible Debentures, Deriv33

Convertible Debentures, Derivative Liability and Debt Discount - Summary of Convertible Debenture (Details) - USD ($)	Dec. 31, 2012	Dec. 31, 2011
Conversion price	$ 0.10
Senior Secured Convertible Debenture [Member]
Convertible debt	$ 29,613,000	$ 28,151,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 1 [Member]
Conversion price	$ 0.65	$ 0.65
Convertible debt	$ 27,641,000	$ 27,641,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 2 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 650,000	$ 650,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 3 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 120,000	$ 120,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 4 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 910,000	$ 910,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 5 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 172,000	$ 172,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 6 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 200,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 7 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 25,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 8 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 25,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 9 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 50,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 10 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 50,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 11 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 75,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 12 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 100,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Debt Discount [Member]
Conversion price
Convertible debt	$ (405,000)	$ (1,342,000)
Convertible Debenture [Member]
Convertible debt	$ 6,083,000	$ 6,083,000
Convertible Debenture [Member] | Convertible Debenture Due 1 [Member]
Conversion price	$ 0.50	$ 0.50
Convertible debt	$ 592,000	$ 592,000
Convertible Debenture [Member] | Convertible Debenture Due 2 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 570,000	$ 570,000
Convertible Debenture [Member] | Convertible Debenture Due 3 [Member]
Conversion price	$ 0.50	$ 0.50
Convertible debt	$ 921,000	$ 921,000
Convertible Debenture [Member] | Convertible Debenture Due 4 [Member]
Conversion price	$ 0.45	$ 0.45
Convertible debt	$ 4,000,000	$ 4,000,000
Convertible Debenture [Member] | Convertible Debenture Debt Discount [Member]
Conversion price
Convertible debt

Convertible Debentures, Deriv34

Convertible Debentures, Derivative Liability and Debt Discount - Summary of Convertible Debenture (Details) (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Debt discount	$ 276,000	$ 435,000
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 1 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	August 2,012	August 2,012
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 2 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	August 2,012	August 2,012
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 3 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	August 2,012	August 2,012
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 4 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 5 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 6 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 7 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 8 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 9 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 10 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 11 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Senior Secured Convertible Debenture [Member] | Senior Secured Convertible Debenture Due 12 [Member]
Interest rate	9.00%	9.00%
Convertible debt due period	December 2,013	December 2,013
Convertible Debenture [Member] | Convertible Debenture Due 1 [Member]
Interest rate	5.00%	5.00%
Convertible debt due period	December 2,010	December 2,010
Convertible Debenture [Member] | Convertible Debenture Due 2 [Member]
Interest rate	12.00%	12.00%
Convertible debt due period	December 2,010	December 2,010
Convertible Debenture [Member] | Convertible Debenture Due 3 [Member]
Interest rate	5.00%	5.00%
Convertible debt due period	December 2,010	December 2,010
Convertible Debenture [Member] | Convertible Debenture Due 4 [Member]
Interest rate	12.00%	12.00%
Convertible debt due period	December 2,011	December 2,011
Convertible Debenture [Member] | Convertible Debenture Debt Discount [Member]
Debt discount	$ 2,685,000	$ 2,685,000

Convertible Debentures, Deriv35

Convertible Debentures, Derivative Liability and Debt Discount - Summary of Assumptions Utilized to Calculate Fair Value of Derivative Liability (Details) - $ / shares	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Debt Disclosure [Abstract]
Risk Free Interest Rate	1.00%	1.00%
Volatility	144.00%	67.00%
Term	10 months 24 days	8 months 12 days
Dividend Rate	0.00%	0.00%
Closing Price of Common Stock	$ 0.50	$ 0.50

Promissory Notes (Details Narra

Promissory Notes (Details Narrative) - Dec. 31, 2011 - YA Global Investments [Member] - USD ($)	Total
Promissory Note One [Member]
Promissory note principal amount	$ 30,000
Promissory Note Two [Member]
Promissory note principal amount	88,000
Promissory Note Three [Member]
Promissory note principal amount	$ 50,000
Promissory Note [Member]
Promissory note interest rate percentage per annum	10.00%

Reverse Stock Split (Details Na

Reverse Stock Split (Details Narrative)	Nov. 29, 2012
Reverse Stock Split
Reverse stock split	authorized a one-for-five thousand reverse stock split on November 29, 2012, to take effect on December 3,2012.

Stockholders' Deficiency (Detai

Stockholders' Deficiency (Details Narrative) - $ / shares	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2010	Dec. 31, 2011
Number of shares issued prior to reverse merger		2,400,000,000
Number of warrants outstanding	550		400
Warrants exercise price per share	$ 750		$ 750
Warrants expiration date	2013-01
Series C Preferred Stock [Member]
Number of shares converted during the period	1,000,000
Percentage of common shares converted	74.00%
Preferential distribution per share	$ 0.001

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Provision for income tax
Net operating loss carry forwards expiration date	expire between 2022 and 2032
Percentage of valuation allowance	100.00%
Federal [Member]
Operating loss carry forwards	$ 8,521,000
State [Member]
Operating loss carry forwards	$ 8,521,000

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Tax Rate Differs From Federal Statutory Rate (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Statutory federal tax (benefit) rate	(34.00%)	(34.00%)
State and local taxes, net of federal benefit	(6.00%)	(6.00%)
Permanent Difference
Valuation Allowance	40.00%	40.00%
Effective Tax Rate

Income Taxes - Schedule of Ef41

Income Taxes - Schedule of Effective Tax Rate Differs From Federal Statutory Rate (Details) (Parenthetical)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Statutory federal tax (benefit) rate	(34.00%)	(34.00%)

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Net Operating loss carry forwards - Federal	$ 2,911,000	$ 2,868,000
Net Operating loss carry forwards - State	508,000	501,000
Oil and gas properties, unproven	6,543,000	4,244,000
Derivative liability	1,361,000	1,601,000
Accrued interest	3,099,000	1,780,000
Start-up costs	964,000	552,000
Debt Discount	(162,000)	(536,000)
Net deferred tax assets and liabilities	15,224,000	11,010,000
Valuation allowance	$ (15,224,000)	$ (11,010,000)
Net deferred tax assets

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Subsequent Event [Member]	Apr. 28, 2015USD ($)a	Feb. 26, 2014USD ($)a	Feb. 05, 2014USD ($)	Dec. 19, 2013USD ($)	Nov. 01, 2013USD ($)	Aug. 20, 2013USD ($)	Dec. 31, 2012USD ($)$ / shares	Jul. 31, 2015aWells	May. 31, 2015a	May. 31, 2013USD ($)
YA Global, L.P [Member] | SPA [Member]
Debentures interest rate percentage			12.00%
Conversion of stock description			The holder of this debenture is entitled to convert the principal and accrued interest on the debenture into common stock of the Company at a conversion rate equal to 90% of the lowest daily VWAP of the common stock during the 10 consecutive trading days immediately preceding the conversion date or other date of determination, subject to adjustment as provided for in the debentures.
Convertible debenture original principal amount			$ 1,080,000	$ 50,000	$ 50,000	$ 100,000
Debenture maturity date			Feb. 6, 2016
Repayment of debt							$ 200,000
Amount paid to available funds in the account				$ 800,000
YA Global, L.P [Member] | YA Royalty Agreement [Member]
Percentage of royalty equal of net sale to pay related party			25.00%
YA Global, L.P [Member] | Senior Secured Convertible Debentures [Member]
Convertible debt										$ 35,169
Debt prinicipal amount										$ 200,000
YA Global, L.P [Member] | Queensbury Debenture [Member] | YA Royalty Agreement [Member]
Convertible debenture original principal amount							$ 540,000
Percentage of royalty equal of net sale to pay related party			12.50%				12.50%
Westport Energy [Member]
Operating lease rent		$ 59,698
Letter of credit issued during period	$ 100,000	$ 250,000
Area of lease | a	29,002	9,781							26,708
Westport Energy [Member] | Menasha Lease [Member]
Area of lease | a								16,427.23
Number of wells | Wells								51
January 1, 2013 And November 30, 2014 [Member] | YA Global, L.P [Member] | Senior Secured Convertible Debentures [Member]
Convertible debt							$ 425,000
Debentures interest rate percentage							9.00%
Conversion of stock description							The holder of the debentures is entitled to convert the principal and accrued interest into common stock of the Company at a conversion rate equal to the lesser of $15 (fixed conversion price) or 90% of the lowest daily VWAP of the common stock during the 10 consecutive trading days immediately preceding the conversion date or other date of determination, subject to adjustment as provided for in the debentures.
Conversion rate equal to lesser fixed conversion price per share | $ / shares							$ 15
Convertible debenture original principal amount							$ 150,000
Accrued interest							$ 14,831