Sky Petroleum (SKPI) 10-Q 20 Nov 13 2013 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 19, 2013
Document - Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q2	'
Trading Symbol	'SKPI	'
Entity Registrant Name	'SKY PETROLEUM, INC.	'
Entity Central Index Key	'0001183276	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	68,118,709

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
Current assets:	'	'
Cash and cash equivalents	$295,285	$46,058
Restricted cash	0	1,500,000
Other current assets	19,666	172,412
Total Current Assets	314,951	1,718,470
Investment in oil and gas properties, net	0	10,205,220
Fixed assets, net	16,125	23,775
Deposits and other assets	14,767	14,768
Total Assets	345,843	11,962,233
Current liabilities:	'	'
Accounts payable and accrued liabilities	1,962,140	1,187,017
Note Payable, related party	150,000	0
Total Current Liabilities	2,112,140	1,187,017
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Common stock, $0.001 par value, 150,000,000 shares authorized, 68,118,709 shares issued and outstanding, respectively	68,119	68,119
Additional paid-in capital	43,309,895	43,274,539
Accumulated deficit	-52,964,311	-40,387,442
Total Stockholders' equity (deficit)	-1,766,297	10,775,216
Total Liabilities and Stockholders’ Equity (Deficit)	345,843	11,962,233
Series A Preferred Stock [Member]	'	'
Stockholders' equity:	'	'
Preferred stock	0	0
Series B Preferred Stock [Member]	'	'
Stockholders' equity:	'	'
Preferred stock	$7,820,000	$7,820,000

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012
			Series B Preferred Stock [Member]	Series B Preferred Stock [Member]
Preferred stock, no par value	'	'	$0	$0
Preferred stock, shares authorized	'	'	5,000,000	5,000,000
Preferred stock, shares issued	'	'	3,863,636	3,863,636
Preferred stock, shares outstanding	'	'	3,863,636	3,863,636
Common stock, par value	$0.00	$0.00	'	'
Common stock, shares authorized	150,000,000	150,000,000	'	'
Common stock, shares issued	68,118,709	68,118,709	'	'
Common stock, shares outstanding	68,118,709	68,118,709	'	'

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]	'	'	'	'
Oil revenues	$0	$0	$0	$0
Expenses:	'	'	'	'
Depreciation	2,551	2,722	7,651	7,980
Arbitration expense	0	0	941,314	0
Legal and accounting	27,042	213,496	611,905	736,461
Travel	33,800	21,329	252,725	77,881
Consulting services	53,510	36,037	170,067	195,497
Impairment expense of oil & gas investment in Albania	0	0	10,205,220	0
Other general and administrative	138,541	88,860	379,409	361,998
Total expenses	255,444	362,444	12,568,291	1,379,817
Net operating loss	-255,444	-362,444	-12,568,291	-1,379,817
Interest income	-8,578	3,657	-8,578	12,144
Net loss	($264,022)	($358,787)	($12,576,869)	($1,367,673)
Net loss per share - basic and diluted	$0	($0.01)	($0.18)	($0.02)
Weighted average number of common shares outstanding basic and diluted	68,383,709	68,035,833	68,383,709	66,982,541

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net loss	($12,576,869)	($1,367,673)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Depreciation	7,651	7,980
Share based compensation	35,356	14,865
Impairment of oil & gas investment in Albania	10,205,220	0
Changes in operating assets and liabilities:	'	'
Other current assets	152,746	-90,829
Accounts payable and accrued liabilities	775,123	397,939
Net cash used in operating activities	-1,400,773	-1,037,718
Cash flows from financing activities:	'	'
Proceeds from convertible debt issuance	150,000	0
Proceeds from private placement	0	640,000
Net cash provided by financing activities	150,000	640,000
Cash flows from investing activities:	'	'
Purchase of fixed assets	0	-5,931
Purchases of surety bond	0	50,000
Net cash used in investing activities	0	-55,931
Net decrease in cash and cash equivalents	-1,250,773	-453,649
Cash and cash equivalents at the beginning of period	1,546,058	605,784
Cash and cash equivalents at the end of period	$295,285	$152,135

Organization_and_Basis_of_Pres

Organization and Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization and Basis of Presentation	'
	Organization and Basis of Presentation
	The Company was organized on August 22, 2002 under the laws of the State of Nevada, as The Flower Valet. On December 20, 2004 the Company amended its articles of incorporation to change its name to Seaside Explorations, Inc. Subsequently, on March 28, 2005 the Company changed its name to Sky Petroleum, Inc ("Sky", "Sky Petroleum", or "Company"). The Company has three wholly-owned subsidiaries, two incorporated in Cyprus: Sastaro Limited (“Sastaro”) and Bekata Limited ("Bekata”) which owns 100% of Sastaro, of which the companies relate to our Mubarek field operations, and a third Sky Petroleum (Albania) Inc., ("Sky Petroleum Albania") a Cayman Islands corporation and qualified branch in Albania, incorporated for the purposes of holding and operating our previously held interests in the Concession Area (as defined below) in Albania.
	The Company is engaged in the exploration and development of oil and natural gas properties of others under arrangements in which we finance the costs in exchange for interests in the oil or natural gas revenue generated by the properties. Such arrangements are commonly referred to as farm-ins to us, or farm-outs by the property owners farming out to us.
	On June 24, 2010, Sky entered into a Production Sharing Contract (“PSC”) with the Ministry of Economy, Trade and Energy of Albania, acting through the National Agency of Natural Resources of Albania (“AKBN”).  The PSC granted Sky Petroleum exclusive rights to three exploration blocks (Block Four, Block Five and Block Dumre) in the Republic of Albania (the “Concession Area”). The Concession Area covers approximately 1.2 million acres, representing approximately 20% of the landmass of Albania. The PSC had a seven-year term with three exploration periods.
	On December 23, 2011, Sky Petroleum delivered Notice of Arbitration under the Arbitration Rules of the United Nations Commission on Internal Trade Law to National Agency of Natural Resources and to the Ministry of Economy, Trade and Energy of Albania to institute an arbitration proceeding against the Ministry of Economy, Trade and Energy of Albania, acting by and through AKBN, for breach of the PSC in accordance with Article XXI of the PSC. The arbitration proceeding arose out of the alleged termination of the PSC. On May 7, 2013, the Arbitration Tribunal ruled that (i) AKBN provided proper notice of the termination of the PSC to Sky Petroleum on July 22, 2011, for Sky Petroleum's failure to deliver a conforming bank guarantee to AKBN by July 22, 2011, and (ii) the PSC was properly terminated on November 17, 2011.  The Arbitration Tribunal ruled Sky Petroleum to reimburse AKBN for total fees and expenses in connection with the Arbitration proceeding in the amount of EUR 382,774($501,511). As a result of the ruling, Sky Petroleum impaired its Investment in Oil and Gas Properties, net, related to acquisition and development costs for oil and gas projects in Albania by $10,205,220 to $0. See "Investment in Oil and Gas Properties" in the Notes to Condensed Consolidated Financial Statements for further details.
	On May 18, 2005, our wholly owned subsidiary Sastaro entered into a Participation Agreement with Buttes Gas and Oil Co. International Inc. (which we refer to as “Buttes”), a wholly-owned subsidiary of Crescent Petroleum Company International Limited (which we refer to as “Crescent”) for the financing of a drilling program in the Mubarek field. The field is an offshore region in a concession area surrounding Abu Musa Island in the Arabian Gulf. Under the terms of the Participation Agreement, the Company participated in a share of the future production revenue by contributing $25 million in drilling and completion costs related to two wells in an off-shore oil and gas project in the United Arab Emirates. The operator of the drilling program, Crescent completed the first well in 2006 and the second well in 2007. As of December 31, 2009, the first well produced a total of 150,413 gross barrels, and the second well produced a total of 149,471 gross barrels. Both wells terminated production in 2009.
	On December 31, 2009, Sastaro received written notice from Buttes that Buttes unilaterally and solely determined that the Mubarek Field had reached the end of its economic life. Buttes also notified Sastaro that the Concession Agreement, dated December 29, 1969, between the His Highness Sheikh Sultan bin Mohamed Al-Qassimi III, The Ruler of Sharjah, UAE and Buttes with respect to the Mubarek Field was terminated. Buttes stated it handed over the Mubarek Field operations and facilities to representatives of His Highness Sheikh Sultan bin Mohamed Al-Qassimi III on December 28, 2009. Management is exercising its rights under the Participation Agreement and intends to protect our interests and our investment in the Mubarek Field. Sky continues to seek discussions with Crescent regarding the Participation Agreement.
	Certain information, accounting policies and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted in this Form 10-Q Quarterly Report pursuant to certain rules and regulations of the Securities and Exchange Commission (“SEC”). These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2012.
	In the opinion of management, the interim unaudited consolidated financial statements include all normal recurring adjustments necessary to present fairly the financial position and results of operations for each interim period shown in conformity with accounting principles generally accepted in the United States of America. Operating results for the nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013.
	The Company cannot be certain that its existing sources of cash will be adequate to meet our liquidity requirements including cash requirements that are due under the arbitration award and our working capital deficit. Management has implemented plans to improve liquidity through slowing or stopping certain planned expenditures and exploring new business opportunities and arrangements. Management plans to obtain funding through equity, debt or other securities offerings. There can be no assurance that the capital raising efforts will be successful or that our results of operations will materially improve in either the short-term or long-term and accordingly, we may be unable to meet our obligations as they become due.
	A fundamental principle of the preparation of financial statements in accordance with generally accepted accounting principles is the assumption that an entity will continue in existence as a going concern, which contemplates continuity of operations and the realization of assets and settlement of liabilities occurring in the ordinary course of business. However, this principle is applicable to all entities except for entities in liquidation or entities for which liquidation appears imminent. In accordance with this requirement, our policy is to prepare our consolidated financial statements on a going concern basis unless we intend to liquidate or have no other alternative but to liquidate. The Company's consolidated financial statements have been prepared on a going concern basis and do not reflect any adjustments that might specifically result from the outcome of this uncertainty.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the
	United States of America (U.S. GAAP) pursuant to the rules and regulations of the SEC and stated in US dollars.
	Basis of Consolidation
	The financial statements present the consolidated accounts of the Company and its wholly owned subsidiaries, Bekata, Sastaro
	and Sky Petroleum (Albania). All intercompany account balances and transactions have been eliminated.
	Nature of Operations
	The Company's focus is on the acquisition, development and exploitation of long-lived oil and natural gas reserves and, to a lesser extent, exploration for new oil and natural gas reserves. The Company's business activities are currently to explore business opportunities in off-shore and on-shore concessions in the Middle East and Europe.
	Investments
	Investments in non-affiliated companies with a less than 20% ownership interest, no significant influence, and market prices are not readily available, are accounted for under the cost method.
	Property and Equipment
	Oil and natural gas properties:
	The Company uses the full cost method of accounting for its oil and natural gas producing activities. Accordingly, all costs associated with acquisition, exploration, and development of oil and natural gas reserves, including directly related overhead costs, are capitalized. Management and service fees received under contractual arrangements, if any, are treated as reimbursement of costs, offsetting the costs incurred to provide those services.
	Depletion is provided using the units-of-production method based upon estimates of proved oil and natural gas reserves with oil and natural gas production being converted to a common unit of measure based upon their relative energy content. Investments in unproved properties and major development projects are not amortized until proved reserves associated with the projects can be determined or until impairment occurs. If the results of an assessment indicate that the properties are impaired, the carrying value of the assets is reduced accordingly. Once the assessment of unproved properties is complete and when major development projects are evaluated, the costs previously excluded from amortization are transferred to the full cost pool and amortization begins.
	Under the full cost method of accounting, the net book value of oil and natural gas properties, less related deferred income taxes, may not exceed a calculated “ceiling”. The ceiling limitation is the discounted estimated after-tax future net cash flows from proved oil and natural gas properties. In calculating future net cash flows, current prices and costs are generally held constant indefinitely. The net book value of oil and natural gas properties, less related deferred income taxes is compared to the ceiling on a quarterly and annual basis. Any excess of the net book value, less related deferred income taxes, is generally written off as an expense. Under rules and regulations of the SEC, all or a portion of the excess above the ceiling may not be written off if, subsequent to the end of the quarter or year but prior to the release of the financial results, prices have increased sufficiently that all or a portion of such excess above the ceiling would not have existed if the increased prices were used in the calculations.
	As of September 30, 2013, the net carrying value of the Company's investment in the Mubarek wells was $0.
	As a result of the Arbitration ruling, Sky Petroleum impaired its Investment in Oil and Gas Properties, net, related to acquisition and development costs for oil and gas projects in Albania by $10,205,220 to $0. See Note 3 - Investment in Oil and Gas Properties - Arbitration Proceedings. As of September 30, 2013, the Company incurred $0 in acquisition and development costs for oil and gas projects in Albania.
	Sales of proved and unproved properties are accounted for as an adjustment of capitalized costs with no gain or loss recognized, unless such adjustments would significantly alter the relationship between capitalized costs and proved oil and natural gas reserves, in which case the gain or loss is recognized.
	Other Property and Equipment:
	Maintenance and repairs are charged to operations. Renewals and betterments are capitalized to the appropriate property and equipment accounts.
	Upon retirement or disposition of assets other than oil and natural gas properties, the cost and related accumulated depreciation are removed from the accounts with the resulting gains or losses, if any, recognized in income. Depreciation of other property and equipment is computed using the straight-line method based on the estimated useful lives of the property and equipment.
	Income Taxes
	Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change. Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.
	Undistributed earnings of the Company's foreign subsidiaries are considered to be indefinitely reinvested and, accordingly, no provision for U.S. federal income taxes has been provided thereon. Upon distribution of those earnings in the form of dividends or otherwise, the Company may be subject to both U.S. income taxes (subject to an adjustment for foreign tax credits) and withholding taxes payable to the foreign countries.
	The Company's wholly owned subsidiaries have prepared required foreign tax returns that were due for the years ended December 31, 2005 through 2012 totaling approximately $33,000 has been included for potential tax liabilities, penalties and interest which will be due upon filing the returns with the appropriate countries.
	Stock-Based Compensation
	The Company measures all share-based payments, including grants of employee stock options, using a fair-value method. The cost of services received in exchange for awards of equity instruments is recognized in the condensed consolidated statement of operations based on the grant date fair value of those awards amortized over the requisite service period.
	Basic and Diluted Net Loss Per Share
	Basic net loss per share is computed based on the weighted average shares of common stock outstanding for the period. Common stock equivalents which represent stock options (approximately 2,100,000 stock options) and warrants (approximately 4,000,000 warrants), have been excluded from the computation of diluted net loss per share at as their effect is anti-dilutive. There were 4,000,000 remaining warrants that are outstanding as of September 30, 2013, 8,000,000 warrants expired on January 20, 2013.
	Use of Estimates in the Preparation of Consolidated Financial Statements
	Preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Fair Value of Financial Instruments
	The Company calculates the fair value of its assets and liabilities which qualify as financial instruments and includes this additional information in the notes to consolidated financial statements when the fair value is different than the carrying value of these financial instruments. The estimated fair value of accounts payable and accrued liabilities approximate their carrying amounts due to the relatively short maturity of these instruments. The carrying value of the note payable approximates fair value since this instrument bears market rates of interest. None of these instruments are held for trading purposes.
	U.S. GAAP defines fair value, establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. In general, fair values of financial instruments are based upon quoted market prices, where available (Level 1). If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters (Level 2). Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and the customer's creditworthiness, among other things, as well as unobservable parameters (Level 3). Any such valuation adjustments are applied consistently over time.
	Cash Equivalents and Restricted Cash
	For purposes of the condensed consolidated statements of cash flows, the Company considers all demand deposits, money market accounts and certificates of deposit purchased with an original maturity of three months or less to be cash equivalents.
	On August 10, 2011, the Company delivered a bank guarantee in the form of a letter of credit under the terms of the PSC with
	AKBN. In connection with the bank guarantee, Sky Petroleum deposited the principal balance of the $1,500,000 promissory note with Texas Citizens Bank N.A. to secure payment under the letter of credit. Subsequently, $1,500,000 was transferred to a certificate of deposit (“CD”) with the issuing bank. The issuing bank had the right of offset with the CD for any amounts used under the letter of credit. As of September 30, 2013 the Letter of Credit had matured and the proceeds were moved to unrestricted cash.
	Revenue Recognition
	Oil and natural gas revenues are recorded using the sales method, whereby the Company recognizes oil and natural gas revenue based on the amount of oil and natural gas sold to purchasers. As of September 30, 2013, the Company did not have any oil or natural gas imbalances recorded. The Company does not recognize revenues until they are realized or realizable and earned. Revenues are considered realized or realizable and earned when: (i) persuasive evidence of an arrangement exists; (ii) delivery has occurred or services have been rendered; (iii) the seller's price to the buyer is fixed or determinable; and (iv) collectability is reasonably assured.

Investment_in_Oil_and_Gas_Prop

Investment in Oil and Gas Properties	9 Months Ended
	Sep. 30, 2013
Extractive Industries [Abstract]	'
Investment in Oil and Gas Properties	'
	Investment in Oil and Gas Properties
	Blocks Four, Five and Dumre in Albania:
	On June 24, 2010, Sky Petroleum executed a PSC, covering three exploration blocks, Four, Five, and Dumre in the Republic of Albania totaling approximately 1.2 million acres representing approximately 20% of the landmass of Albania. Under the terms of the PSC, Sky Petroleum had agreed to undertake exploration work of a minimum of $3,150,000 on the blocks during three exploration periods over the next seven years commencing on the effective date of the PSC (January 3, 2011).
	The PSC provided for a number of Sky Petroleum obligations, including, among other things, (a) establishing an office in Albania, (b) paying a signing bonus of $50,000 (c) preparing an exploration work program and budget, (c) designating three members to a nine member Exploration Advisory Committee: (d) providing AKBN with a bank guarantee for $1,500,000 to guarantee expenditures during the first exploration period within 90 days of the Effective Date (the “AKBN Bank Guarantee”), and (e) commencing performance of a minimum work program.
	In addition, to the work program undertakings, Sky Petroleum also agreed to allocate $100,000 for training and education during each year of the Exploration period. On April 5, 2011, Sky paid $50,000 towards the $100,000 allocation for training and education for the first year exploration period related to the Albania concession area. Sky also paid a signing bonus of $50,000 in 2010.
	Arbitration Proceedings
	On December 23, 2011, Sky Petroleum delivered Notice of Arbitration under the Arbitration Rules of the United Nations Commission on Internal Trade Law to National Agency of Natural Resources and to the Ministry of Economy, Trade and Energy of Albania to institute an arbitration proceeding against the Ministry of Economy, Trade and Energy of Albania, acting by and through AKBN, for breach of the PSC in accordance with Article XXI of the PSC. The arbitration proceeding arose out of the termination of the PSC. On May 7, 2013, the Arbitration Tribunal ruled that the PSC was properly terminated on November 17, 2011, and ruled Sky Petroleum to reimburse AKBN for total fees and expenses in connection with the Arbitration proceeding in the amount of EUR 382,774 ($501,511). This amount has been paid as of September 30, 2013 and included in arbitration costs on the condensed consolidated statement of operations. Sky Petroleum impaired its investment in oil and gas properties, net, related to acquisition and development cost for oil and gas projects in Albania by $10,205,220 to $0.
	Consulting Agreement
	On May 18, 2010, Sky Petroleum entered into a Consultant Agreement for Business Development in the Republic of Albania (the “Orsett Agreement”) with Orsett Ventures Inc., a British Virgin Islands company (“Orsett”). The Orsett Agreement was amended on September 29, 2010 (“Amendment #1”) and on October 8, 2010 (“Amendment #2”). Under the terms of the Orsett Agreement, Sky Petroleum retained Orsett as an independent consultant to use Orsett's experience, expertise, qualifications and expertise to acquire and negotiate the acquisition of oil and gas properties and projects in the Republic of Albania. The Orsett Agreement terminated under its term on April 30, 2011.
	Pursuant to the Amendment #1, Sky Petroleum agreed to pay Orsett in connection with the execution and delivery of the PSC $700,000 and 1.5 million shares of common stock, all of which was paid and tendered, respectively as of December 31, 2010.
	Pursuant to Amendment #2, Sky agreed to pay Orsett for additional services, $150,000, an additional 1.5 million shares of common stock; and 3,863,636 shares of newly designated Series B Preferred Stock. Following notification of approval by the Council of Ministers for the Republic of Albania of the PSC, the Company issued the Series B Preferred Stock. As of December 31, 2010, all fees and common and preferred shares were paid and tendered.
	The fair market value of the total 3 million common shares issued to Orsett was approximately $1,170,000, and the fair market value of the 3,863,636 shares issued for Preferred Series B Stock of $7,820,000. The fair value of the preferred stock was determined using quoted market prices along with internally developed models that primarily use, as inputs, observable market-based parameters, and other valuation adjustments made to ensure that financial instruments are recorded at fair value.
	Orsett and its affiliates, agents and representatives, are subject to ongoing obligations of confidentiality and covenants of non-compete and non-interference under the terms of the Orsett Agreement between Sky Petroleum and Orsett dated May 18, 2010, as amended.  Notwithstanding the expiration of the Orsett Agreement on April 30, 2011, Orsett and its affiliates, agents and representatives, are subject to confidentiality undertakings for a period of three years following the expiration of the term.  In addition, Orsett and its affiliates, agents and representatives have agreed not to circumvent any opportunities of Sky Petroleum.
	Total Orsett Agreement costs of $9,840,000 along with other payments related to the investment totaling $365,220 were capitalized as oil and gas properties in Albania projects and were subsequently impaired to $0 as of September 30, 2013. On June 25, 2012, the Company issued a stop order notice to its transfer agent under which the transfer agent was instructed to: not to remove the restrictive legends from the share certificates representing the Orsett Shares; not to effect or facilitate the transfer, assignment, conveyance or sale of any of the Orsett Shares; and not to effect the conversion of the Series B Preferred Stock into shares of common stock of the Corporation, unless the transfer agent receives the expressed written instructions of the Secretary of the Registrant. The Company has determined that Orsett breached numerous terms of the Consulting Agreement and committed other actions that resulted in substantial harm and damage to the Company and it's shareholders.
	Mubarek Field Operations:
	On May 18, 2005, the Company entered into a Participation Agreement with Buttes, whereby the Company provided cash in the amount of $25,000,000, to be used for drilling costs associated with two oil wells located in the Arabian Gulf in exchange for a variable percentage of future production revenue. Pursuant to the Participation Agreement, the Company provided capital to Buttes in developmental increments. Upon commencement of production, which occurred in May 2006, the Company was to receive a preferred 75% of combined production revenue until such time as the Company recouped its total investment, and thereafter an incremental decrease of production revenue to 40%, until the Company has recouped two times its initial investment, and thereafter at 9.2%.
	As of June 30, 2008, Buttes incurred drilling costs totaling approximately $53,219,000, exceeding the original cost estimates and funding by the Company of $25,000,000, and thus reducing the Company's preferred share of combined production revenue from 75% to 35.25% until such time as the Company has recouped its total investment, and thereafter an incremental decrease of production revenue to 18.84% until the Company has recouped two times its initial investment, and thereafter at 4.33%.
	The Company's operating costs were capped at $3.00 per barrel and royalty fees were 14.5% of gross production revenues under the Participation Agreement.
	On December 31, 2009, Sastaro received written notice from Buttes that Buttes had unilaterally and solely determined that the Mubarek Field had reached the end of its economic life. Buttes also notified Sastaro that the Concession Agreement, dated December 29, 1969, between the His Highness Sheikh Sultan bin Mohamed Al-Qassimi III, The Ruler of Sharjah, UAE and Buttes with respect to the Mubarek Field was terminated. Buttes stated that it handed over the Mubarek Field operations and facilities to representatives of His Highness Sheikh Sultan bin Mohamed Al-Qassimi III on December 28, 2009.
	Buttes notified Sastaro that the Participation Agreement between Sastaro and Buttes is terminated. Under the terms of the Participation Agreement, the Registrant, through Sastaro, contributed $25 million in drilling and completion costs related to two in-fill wells for the right for the Registrant to participate in a share of their future production revenue.
	As a result of these events, and as of December 31, 2009, the investment in the wells was impaired to $0.
	As of September 30, 2013 and December 31, 2012, the Company's investment in the Mubarek field oil and gas properties was $0.

Restricted_Cash_and_Bank_Guara

Restricted Cash and Bank Guarantee	9 Months Ended
	Sep. 30, 2013
Restricted Cash and Bank Guarantee [Abstract]	'
Restricted Cash and Bank Guarantee	'
	Restricted Cash and Bank Guarantee
	On August 10, 2011, the Company delivered a bank guarantee in the form of a letter of credit under the terms of the PSC with AKBN. In connection with the bank guarantee, Sky Petroleum made a cash deposit of $1,500,000 with Texas Citizens Bank N.A. in 2011. On February 22, 2013 the Letter of Credit expired and restricted cash relieved.

Stockholders_Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity	'
	Stockholders' Equity
	Preferred Stock
	We have authorized 10 million shares of $0.001 par value Series A Preferred Stock. There were no shares of Series A Preferred Stock outstanding as of September 30, 2013, respectively. The Company has determined that Orsett breached numerous terms of the Consulting Agreement and committed other actions that resulted in substantial harm and damage to the Company and it's shareholders.
	On October 8, 2010, pursuant to the terms of the Orsett Agreement, dated May 18, 2010, as amended September 29, 2010 and October 3, 2010, by and between the Company and Orsett, the Company filed a Certificate of Designation with the Secretary of State for the State of Nevada to designate 5,000,000 shares of the Company's preferred stock as shares of Series B Preferred Stock (the "Series B Preferred Shares").
	The Series B Preferred Shares are participating with no preferences or voting rights, and shall not be converted by any holder, in whole or in part for a period of twelve months from the date of initial issuance. Each Series B Preferred Share is convertible into 4.4 shares of common stock of the Company, however, the shares may not be converted into more than 4.99% of beneficial ownership unless the holder waives the beneficial ownership limitation with 61 days notice.
	In connection with the Series B designation and the Consultant Agreement, the Company issued 3,863,636 shares, with a fair value of $7,820,000. These shares were issued to the Consultant for expertise provided to the Company in acquiring and negotiating the acquisition of oil and gas properties in Albania. As of September 30, 2013, 3,863,636 shares of Series B Preferred Stock were outstanding.
	On June 25, 2012, the Company issued a stop order notice to its transfer agent under which the transfer agent was instructed to: not to remove the restrictive legends from the share certificates representing the Orsett Shares; not to effect or facilitate the transfer, assignment, conveyance or sale of any of the Orsett Shares; and not to effect the conversion of the Series B Preferred Stock into shares of common stock of the Corporation, unless the transfer agent receives the expressed written instructions of the Secretary of the Registrant. The Company has determined that Orsett breached numerous terms of the Consulting Agreement and committed other actions that resulted in substantial harm and damage to the Company and it's shareholders.
	Common Stock and Stock Options
	On July 26, 2005, the Company adopted the Sky Petroleum, Inc. Non-U.S. Stock Option Plan (the “Non-U.S. Plan”), effective as of April 1, 2005. The Non-U.S. Plan authorizes the issuance of stock options to acquire up to 10% of the Company's issued and outstanding shares of common stock.
	On August 25, 2005, the Company adopted the Sky Petroleum, Inc. 2005 U.S. Stock Incentive Plan (the “U.S. Plan”). The U.S. Plan authorizes the issuance of stock options and other awards to acquire up to a maximum of 3,321,600 shares of the Company's common stock (less the number of shares issuable upon exercise of options granted by the Company under all other stock incentive plans on the date of any grant under the U.S. Plan). The U.S. Plan provides for the grant of incentive stock options (within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended), options that are not incentive stock options, stock appreciation rights and various other stock-based grants.
	On June 1, 2012, the Company granted 150,000 shares to an employee. These common shares were valued at $22,500 based on the quoted market price at that date.
	On August 19, 2012, the Company granted 150,000 common shares valued at $24,000 to a new Advisory board member. Additionally, on October 11, 2012, the Company granted 100,000 common shares valued at $17,000 to a second Advisory board member. The common shares were all valued based on the quoted market price at date the shares were approved by the Board. The share certificates have been issued. On August 7, 2012, the Company granted 300,000 stock options under the Non-US Plan. The options are exercisable at $0.25 per share with vesting over the next three years and were valued at $56,767.
	The 2012 and 2011 stock options fair value was determined using the following attributes and assumptions for each separate issuance: share prices ranging from $0.18 to $0.25, risk-free interest rates of approximately 1.55%, expected dividend yields of 0%, expected life of 4 years, and expected volatility of 207% to 291%.  The Company estimates forfeitures based on historical experience.
	For the nine months ended September 30, 2013, the Company recorded $35,356 of compensation expense based on its use of the Black Scholes model to estimate the grant-date fair value of these stock option awards. No options were exercised for the nine months ended September 30, 2013. Compensation expense is based upon straight-line amortization of the grant-date fair value over the vesting period of the underlying stock option. In accordance with U.S. GAAP, the fair value of each stock option grant was estimated on the date of the grant, using the Black-Scholes option-pricing model. As of September 30, 2013, there was approximately $55,571 of unrecognized compensation expenses related to non-vested stock option agreements.
	A summary of stock options outstanding as of September 30, 2013, is as follows:
	Shares Underlying Options Outstanding										Shares Underlying Options Exercisable
	Range of				Shares			Weighted	Weighted		Shares	Weighted
	Exercise Prices				Underlying			Average	Average		Underlying	Average
					Options			Remaining	Exercise		Options	Exercise
					Outstanding			Contractual	Price		Exercisable	Price
								Life (Years)
	$	0.18			750,000			4.71	$	0.18	683,333	$	0.18
	$	0.25			550,000			5	$	0.25	350,000	$	0.25
	$	0.5			200,000			3.1	$	0.5	200,000	$	0.5
	$	1.29			600,000			1.99	$	1.29	600,000	$	1.29
	The aggregate intrinsic value of exercisable options as of September 30, 2013 is $0.  The aggregate intrinsic value of options outstanding as of September 30, 2013 is $0.
	The following is a summary of stock option activity for the nine months ended September 30, 2013 and for the year ended December 31, 2012:
		Number		Weighted			Weighted Average
		Of Shares		Average			Remaining Contract Life (Years)
				Exercise Price
	Balance, December 31, 2011	2,500,000		$	0.76		4.35
	Options canceled	(700,000	)	(1.18		)
	Options granted	300,000		0.25
	Balance, December 31, 2012	2,100,000		0.55			4.61
	Options canceled	—
	Options granted	—
	Balance, Sept 30, 2013	2,100,000		0.55			3.86
	Exercisable, Sept 30, 2013	1,833,333		$	0.59		3.71
	Class A Units and Class A Warrants and Class B Units and Class B Warrants
	In October 2011, the Company initiated subscriptions agreements for a non-brokered private placement to raise $1,000,000. Upon receipt of proceeds the Company will issue up to 4,000,000 Class A Units at $0.25 per unit to investors. Each Class A Unit consisted of one share of common stock of the Company, par value $0.001and one Class A Warrant.  Each Class A Warrant is exercisable to acquire one Class B Unit of the Company at an exercise price of $0.35 per Class B Unit until January 20, 2013. Each Class B Unit consists of one share of common stock of the Company, par value $0.001 and one Class B Warrant.  Each Class B Warrant is exercisable to acquire one common share of the Company, par value $0.001 at an exercise price of $0.60 per Class B Warrant Share until January 20, 2014. The Company received $860,000 in proceeds prior to the year ended December 31, 2011 for the offering, and received $140,000 after December, 31, 2011.The Company had received all $1,000,000 in proceeds as of September 30, 2013. As of September 30, 2013, 4,000,000 common shares were issued and 4,000,000 Class A Warrants and Class B Warrants had expired.
	In May 2012, the Company initiated subscriptions agreements for a non-brokered private placement to raise $500,000. Upon receipt of proceeds in May 2012, the Company issued 2,000,000 Class A Units at $0.25 per unit to an investor. Each Class A Unit consisted of one share of common stock of the Company, par value $0.001and one Class A Warrant. Each Class A Warrant is exercisable to acquire one Class B Unit of the Company at an exercise price of $0.35 per Class B Unit until May 14, 2013. Each Class B Unit consists of one share of common stock of the Company, par value $0.001 and one Class B Warrant. Each Class B Warrant is exercisable to acquire one common share of the Company, par value $0.001 at an exercise price of $0.60 per Class B Warrant Share until May 14, 2014. The Company received $500,000 in proceeds as of December 31, 2012.

Notes_Payable

Notes Payable	9 Months Ended
	Sep. 30, 2013
Notes Payable [Abstract]	'
Notes Payable	'
	Note Payable
	The Company unanimously approved to obtain loans through the offer of 8% Promissory Notes due January 8, 2014 (the "Notes") in the aggregate amount of up to $1,000,000 (the "Offering") for the purpose of raising working capital. The Notes are convertible into shares of common stock of the Company ("Common Shares") at a conversion price of $0.25 per share (the "Conversion Price") and interest on the Notes is payable in cash or, at the option of the Company, in-kind in Common Shares at the Conversion Price. On January 8, 2013, Mark Rachovides (a "Board Member") loaned the Company $150,000 related to the Offering, a total of 600,000 shares can be exercised up to January 8, 2014. The note payable principal and interest is due in full January 9, 2014.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	For the nine months ended September 30, 2013, the Company had net operating losses and, accordingly, no provision for income taxes has been recorded. In addition, no benefit for income taxes has been recorded due to the uncertainty of the realization of any tax assets. At September 30, 2013, the Company has accumulated operating losses totaling approximately $46.0 million. The net operating loss carry forwards will begin to expire in 2020 if not utilized. The Company has recorded net operating losses in each year since its inception through September 30, 2013. Based upon all available objective evidence, including the Company’s loss history, management believes it is more likely than not that, the net deferred assets will not be fully realized. Therefore, the Company has provided a valuation allowance against its deferred tax assets at September 30, 2013.
	Undistributed earnings of the Company’s foreign subsidiaries are considered to be indefinitely reinvested and, accordingly, no provision for U.S. federal income taxes has been provided thereon. Upon distribution of those earnings in the form of dividends or otherwise, the Company may be subject to both U.S. income taxes (subject to an adjustment for foreign tax credits) and withholding taxes payable to the foreign countries.
	The Company’s wholly owned subsidiaries have prepared the required foreign tax returns for the years ended December 31, 2005 through December 31, 2008. Foreign taxes of approximately $33,000 have been recorded for tax years 2005 through 2008, and are included in accrued expenses. Management has engaged qualified firms to identify and prepare foreign tax returns for filing for the years ended December 31, 2005 through 2012. The Company believes amounts due, if any, would not be material due to changes in Cyprus tax laws during those periods, and due to net operating losses from foreign operations carried forward.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies	'
	Notice of Arbitration
	On November 4, 2011, AKBN delivered a letter to Sky Petroleum that was untranslated. Sky Petroleum received an English translation on November 9, 2011.  The AKBN letter alleged material breach of the PSC and providing notice of termination pursuant to Section 24.2(a) of the PSC.  AKBN alleged breaches for failures to commence its initial working program, deliver a bank guarantee, open an office in Albania and establish an Exploration Advisory Committee.  Sky Petroleum responded to AKBN on November 10, 2011, and provided AKBN notice of its intent to institute an arbitration proceeding under the terms of the PSC against AKBN for breach of the PSC.
	On December 23, 2011, Sky Petroleum delivered Notice of Arbitration under the Arbitration Rules of the United Nations Commission on Internal Trade Law to National Agency of Natural Resources and to the Ministry of Economy, Trade and Energy of Albania to institute an arbitration proceeding against the Ministry of Economy, Trade and Energy of Albania, acting by and through AKBN, for breach of the PSC in accordance with Article XXI of the PSC.
	On January 10, 2012, Sky Petroleum filed a complaint (Case No.: A-12-CA-023-SS) with the United States District Court, Western District of Texas, Austin Division (the “Court”) for declaratory and injunctive relief against the Ministry of Economy, Trade, and Energy of Albania, acting by and through AKBN (collectively, the “Defendants”). The action for declaratory and injunctive relief under the Foreign Sovereign Immunities Act and the Albania-America Bilateral Investment Treaty sought to compel arbitration of the dispute between Sky Petroleum and the Defendants (collectively, the “Parties”) under the PSC and to preserve the status quo ante between the Parties pending completion of arbitration under the United Nations Commission on International Trade Law.
	On January 20, 2012, the Court delivered an Order and Preliminary Injunction (i) granting Sky Petroleum's preliminary injunction to maintain the status quo between the Parties pending arbitration, (ii) enjoining the Defendants and all persons acting in concert with them from awarding, transferring, or otherwise disposing of any rights to explore, develop and/or produce petroleum on the Contract Area until a final arbitration award is issued, (iii) ordering the Defendants to remove from their website or other publicly available documents all references to the Contract Area being “free” or otherwise available for new contractors until a final arbitration award is issued, and (iv) ordering the Parties to arbitrate their dispute with the United Nations Commission on International Trade Law according to the terms of the PSC.
	On February 28, 2012, Sky Petroleum petitioned the Albanian Appeal Court, Tirana, to seek to enforce the Order and Preliminary Injunction granted by the United States District Court, Western District of Texas, Austin Division. On March 1, 2012, the Appeal Court refused to recognize the Order in Albania.
	On April 30, 2012, the Company paid approximately $112,000 (CHF 100,000) to the Tribunal for the first tranche of the provisional budget which are included in other current assets on the Condensed Consolidated Balance Sheets as of December 31, 2012. Both Sky and AKBN were required to pay the advances, however AKBN failed to deliver its portion of the advance. During the quarter ended March 31, 2013, AKBN again failed to deliver its portion of the balance of the provisional budget, therefore the Company paid $238,000 (CHF 210,000) to the Tribunal.
	The Arbitration took place before the Tribunal, at the International Dispute Resolution Centre in London, UK between February 18 and 22, 2013.
	On May 7, 2013, the Arbitration Tribunal ruled that the PSC was properly terminated on November 17, 2011, and ruled Sky Petroleum to reimburse AKBN for total fees and expenses in connection with the Arbitration proceeding in the amount of EUR 382,774 ($501,511). As a result of the ruling Sky Petroleum impaired Investment in Oil and Gas Properties, net, related to acquisition and development costs for oil and gas projects in Albania to $0, and for the period ended September 30, 2013, Sky Petroleum had an impairment charge of $10,205,220; and paid $501,511 (EUR 382,774) related to liability arising from the obligation to reimburse AKBN for total fees and expenses in connection with the Arbitration proceeding.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	The Company entered into a Joint Venture Shareholders’ Agreement (the “JV Agreement”) with Hyde Resources Ltd., incorporated in Northern Ireland (the “JV Corporation”), Sky Petroleum UK Limited, incorporated in England and Wales ( “Sky JV Sub”), and SO Ventures Ltd., incorporated in Northern Ireland (the “SO Ventures”). Sky JV Sub, is a wholly owned subsidiary of Sky Petroleum. Sky JV SUB owns 300 ordinary shares of the JV Corporation, while the Irish SO Ventures owns 100 ordinary shares of the JV Corporation. Each ordinary share was issued for 1 British Pound.
	The purpose of the JV Corporation is to obtain licenses and to conduct technical, environmental and exploration due diligence; raise capital and commence into one or more joint venture projects (each a “JVC Project”) for the purposes of conducting, Exploration, Development and Commercialization of oil and gas in the Area of Interest (as those terms are defined in the JV Agreement). Pursuant to the terms of the JV Agreement, the Parties will jointly use commercially reasonable efforts to jointly identify and secure property, rights and concessions in the Area of Interest. The Parties will also jointly determine the capital requirements of each JVC Project and use commercially reasonable efforts to obtain the required capital.
	Sky JV Sub has undertaken to advance funds through loans or use commercially reasonable efforts to identify and secure loans or advancement of funds from bona fide arms’ length third party lenders, on commercially reasonable terms, to fund the reasonable business costs and general and administrative expenses of the JV Corporation and to fund the business from Exploration through to Discovery and onto the Delivery of a Development Plan (as those terms are defined in the JV Agreement). We have guaranteed the due and punctual performance of all obligations of Sky JV Sub under or in connection with the JV Agreement if and when they become performable in accordance with the terms of the JV Agreement (the “Guaranteed Obligations”). We further agreed to indemnify the SO Ventures against any losses, costs and expenses suffered or incurred by the SO Ventures arising out of, or in connection with: (a) any failure of Sky JV Sub to perform or discharge the Guaranteed Obligations; or (b) any of the Guaranteed Obligations being or becoming totally or partially unenforceable; but our obligations or liability under the indemnity shall be no greater than Sky JV Sub’s obligations or liability under the JV Agreement.
	The Board of Directors of the JV Corporation has responsibility for the supervision and management of the JV Corporation and its Business. The JV Corporation shall have a minimum of 5 directors, three of whom are appointed by Sky JV Sub and 2 of whom are appointed by SO Ventures. At all times, the Sky JV Sub appointees will make up a majority of the board of directors. The JV Agreement contains other customary terms and agreements between the parties.
	The JV Corporation is also governed by the terms of its Articles of Association, which adopt the model articles for private companies limited by shares contained in Schedule 1 of the Companies (Model Articles) Regulations 2008 of Northern Ireland.
	The foregoing description of the JV Agreement and the Articles of Association is qualified in its entirety by reference to the full-text of the JV Agreement and the Articles of Association, a copies of which are filed as Exhibits 10.1 and 10.2.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Policies [Abstract]	'
Basis of Consolidation	'
	The financial statements present the consolidated accounts of the Company and its wholly owned subsidiaries, Bekata, Sastaro
	and Sky Petroleum (Albania). All intercompany account balances and transactions have been eliminated.
Investments	'
	Investments in non-affiliated companies with a less than 20% ownership interest, no significant influence, and market prices are not readily available, are accounted for under the cost method.
Property and Equipment	'
	Oil and natural gas properties:
	The Company uses the full cost method of accounting for its oil and natural gas producing activities. Accordingly, all costs associated with acquisition, exploration, and development of oil and natural gas reserves, including directly related overhead costs, are capitalized. Management and service fees received under contractual arrangements, if any, are treated as reimbursement of costs, offsetting the costs incurred to provide those services.
	Depletion is provided using the units-of-production method based upon estimates of proved oil and natural gas reserves with oil and natural gas production being converted to a common unit of measure based upon their relative energy content. Investments in unproved properties and major development projects are not amortized until proved reserves associated with the projects can be determined or until impairment occurs. If the results of an assessment indicate that the properties are impaired, the carrying value of the assets is reduced accordingly. Once the assessment of unproved properties is complete and when major development projects are evaluated, the costs previously excluded from amortization are transferred to the full cost pool and amortization begins.
	Under the full cost method of accounting, the net book value of oil and natural gas properties, less related deferred income taxes, may not exceed a calculated “ceiling”. The ceiling limitation is the discounted estimated after-tax future net cash flows from proved oil and natural gas properties. In calculating future net cash flows, current prices and costs are generally held constant indefinitely. The net book value of oil and natural gas properties, less related deferred income taxes is compared to the ceiling on a quarterly and annual basis. Any excess of the net book value, less related deferred income taxes, is generally written off as an expense. Under rules and regulations of the SEC, all or a portion of the excess above the ceiling may not be written off if, subsequent to the end of the quarter or year but prior to the release of the financial results, prices have increased sufficiently that all or a portion of such excess above the ceiling would not have existed if the increased prices were used in the calculations.
	As of September 30, 2013, the net carrying value of the Company's investment in the Mubarek wells was $0.
	As a result of the Arbitration ruling, Sky Petroleum impaired its Investment in Oil and Gas Properties, net, related to acquisition and development costs for oil and gas projects in Albania by $10,205,220 to $0. See Note 3 - Investment in Oil and Gas Properties - Arbitration Proceedings. As of September 30, 2013, the Company incurred $0 in acquisition and development costs for oil and gas projects in Albania.
	Sales of proved and unproved properties are accounted for as an adjustment of capitalized costs with no gain or loss recognized, unless such adjustments would significantly alter the relationship between capitalized costs and proved oil and natural gas reserves, in which case the gain or loss is recognized.
	Other Property and Equipment:
	Maintenance and repairs are charged to operations. Renewals and betterments are capitalized to the appropriate property and equipment accounts.
	Upon retirement or disposition of assets other than oil and natural gas properties, the cost and related accumulated depreciation are removed from the accounts with the resulting gains or losses, if any, recognized in income. Depreciation of other property and equipment is computed using the straight-line method based on the estimated useful lives of the property and equipment.
Income Taxes	'
	Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change. Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.
	Undistributed earnings of the Company's foreign subsidiaries are considered to be indefinitely reinvested and, accordingly, no provision for U.S. federal income taxes has been provided thereon. Upon distribution of those earnings in the form of dividends or otherwise, the Company may be subject to both U.S. income taxes (subject to an adjustment for foreign tax credits) and withholding taxes payable to the foreign countries.
	The Company's wholly owned subsidiaries have prepared required foreign tax returns that were due for the years ended December 31, 2005 through 2012 totaling approximately $33,000 has been included for potential tax liabilities, penalties and interest which will be due upon filing the returns with the appropriate countries.
Stock-Based Compensation	'
	The Company measures all share-based payments, including grants of employee stock options, using a fair-value method. The cost of services received in exchange for awards of equity instruments is recognized in the condensed consolidated statement of operations based on the grant date fair value of those awards amortized over the requisite service period.
Basic and Diluted Net Loss Per Share	'
	Basic net loss per share is computed based on the weighted average shares of common stock outstanding for the period. Common stock equivalents which represent stock options (approximately 2,100,000 stock options) and warrants (approximately 4,000,000 warrants), have been excluded from the computation of diluted net loss per share at as their effect is anti-dilutive. There were 4,000,000 remaining warrants that are outstanding as of September 30, 2013, 8,000,000 warrants expired on January 20, 2013.
Use of Estimates in the Preparation of Consolidated Financial Statements	'
	Preparation of the accompanying condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair Value of Financial Instruments	'
	The Company calculates the fair value of its assets and liabilities which qualify as financial instruments and includes this additional information in the notes to consolidated financial statements when the fair value is different than the carrying value of these financial instruments. The estimated fair value of accounts payable and accrued liabilities approximate their carrying amounts due to the relatively short maturity of these instruments. The carrying value of the note payable approximates fair value since this instrument bears market rates of interest. None of these instruments are held for trading purposes.
	U.S. GAAP defines fair value, establishes a framework for measuring fair value and requires certain disclosures about fair value measurements. In general, fair values of financial instruments are based upon quoted market prices, where available (Level 1). If such quoted market prices are not available, fair value is based upon internally developed models that primarily use, as inputs, observable market-based parameters (Level 2). Valuation adjustments may be made to ensure that financial instruments are recorded at fair value. These adjustments may include amounts to reflect counterparty credit quality and the customer's creditworthiness, among other things, as well as unobservable parameters (Level 3). Any such valuation adjustments are applied consistently over time.
Cash Equivalents and Restricted Cash	'
	For purposes of the condensed consolidated statements of cash flows, the Company considers all demand deposits, money market accounts and certificates of deposit purchased with an original maturity of three months or less to be cash equivalents.
	On August 10, 2011, the Company delivered a bank guarantee in the form of a letter of credit under the terms of the PSC with
	AKBN. In connection with the bank guarantee, Sky Petroleum deposited the principal balance of the $1,500,000 promissory note with Texas Citizens Bank N.A. to secure payment under the letter of credit. Subsequently, $1,500,000 was transferred to a certificate of deposit (“CD”) with the issuing bank. The issuing bank had the right of offset with the CD for any amounts used under the letter of credit. As of September 30, 2013 the Letter of Credit had matured and the proceeds were moved to unrestricted cash.
Revenue Recognition	'
	Oil and natural gas revenues are recorded using the sales method, whereby the Company recognizes oil and natural gas revenue based on the amount of oil and natural gas sold to purchasers. As of September 30, 2013, the Company did not have any oil or natural gas imbalances recorded. The Company does not recognize revenues until they are realized or realizable and earned. Revenues are considered realized or realizable and earned when: (i) persuasive evidence of an arrangement exists; (ii) delivery has occurred or services have been rendered; (iii) the seller's price to the buyer is fixed or determinable; and (iv) collectability is reasonably assured.

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Schedule of Stock Option Outstanding	'
	A summary of stock options outstanding as of September 30, 2013, is as follows:
	Shares Underlying Options Outstanding										Shares Underlying Options Exercisable
	Range of				Shares			Weighted	Weighted		Shares	Weighted
	Exercise Prices				Underlying			Average	Average		Underlying	Average
					Options			Remaining	Exercise		Options	Exercise
					Outstanding			Contractual	Price		Exercisable	Price
								Life (Years)
	$	0.18			750,000			4.71	$	0.18	683,333	$	0.18
	$	0.25			550,000			5	$	0.25	350,000	$	0.25
	$	0.5			200,000			3.1	$	0.5	200,000	$	0.5
	$	1.29			600,000			1.99	$	1.29	600,000	$	1.29
Schedule of Stock Options Activity	'
	The following is a summary of stock option activity for the nine months ended September 30, 2013 and for the year ended December 31, 2012:
		Number		Weighted			Weighted Average
		Of Shares		Average			Remaining Contract Life (Years)
				Exercise Price
	Balance, December 31, 2011	2,500,000		$	0.76		4.35
	Options canceled	(700,000	)	(1.18		)
	Options granted	300,000		0.25
	Balance, December 31, 2012	2,100,000		0.55			4.61
	Options canceled	—
	Options granted	—
	Balance, Sept 30, 2013	2,100,000		0.55			3.86
	Exercisable, Sept 30, 2013	1,833,333		$	0.59		3.71

Organization_and_Basis_of_Pres1

Organization and Basis of Presentation (Details)

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

7-May-13

Jun. 24, 2010

Sep. 30, 2013

7-May-13

7-May-13

Jun. 30, 2008

18-May-05

Dec. 31, 2009

Dec. 31, 2009

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

Mubarek Wells [Member]

Mubarek Wells [Member]

Mubarek H2 [Member]

Mubarek K2-ST4 [Member]

USD ($)

acre

USD ($)

Production Sharing Breach of Contract [Member]

Production Sharing Breach of Contract [Member]

Buttes [Member]

Buttes [Member]

Barrels

Barrels

Periods

USD ($)

EUR (€)

USD ($)

USD ($)

blocks

Productive Wells [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of exploration blocks

'

'

'

'

'

'

3

'

'

'

'

'

'

'

Area of land

'

'

'

'

'

'

1,200,000

'

'

'

'

'

'

'

Area of land, percentage of landmass

'

'

'

'

'

'

20.00%

'

'

'

'

'

'

'

Contractual term

'

'

'

'

'

'

'7 years

'

'

'

'

'

'

'

Number of exploration periods of contract

'

'

'

'

'

'

3

'

'

'

'

'

'

'

Litigation settlement, expense

'

'

'

'

'

'

'

'

$501,511

€ 382,774

'

'

'

'

Impairment of investment

0

0

10,205,220

0

'

10,205,220

'

'

'

'

'

'

'

'

Investment in oil and gas properties, net

0

'

0

'

10,205,220

0

'

0

'

'

'

'

'

'

Contribution in drilling and completion costs

'

'

'

'

'

'

'

'

'

'

$53,219,000

$25,000,000

'

'

Number of produced gross barrels

'

'

'

'

'

'

'

'

'

'

'

'

150,413

149,471

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		9 Months Ended		96 Months Ended		9 Months Ended			0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Aug. 10, 2011	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	7-May-13	Sep. 30, 2013
						Texas Citizens Bank N.A. [Member]	Warrant [Member]	Mubarek Wells [Member]	Mubarek Wells [Member]	ALBANIA [Member]	ALBANIA [Member]
Loss Contingencies [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Cost-method investments, aggregate carrying amount	'	'	'	'	'	'	'	$0	$0	'	'
Impairment of investment	0	0	10,205,220	0	'	'	'	'	'	10,205,220	'
Investment in oil and gas properties, net	0	'	0	'	10,205,220	'	'	'	'	0	0
Aquisition and development cost	'	'	'	'	'	'	'	'	'	'	0
Foreign taxes recorded	'	'	'	'	33,000	'	'	'	'	'	'
Stock options excluded from the computation of diluted net loss per share	'	'	2,100,000	'	'	'	4,000,000	'	'	'	'
Class of warrants , outstanding	4,000,000	'	4,000,000	'	'	'	'	'	'	'	'
Class of warrants, expired	8,000,000	'	8,000,000	'	'	'	'	'	'	'	'
Expenditure commitments	'	'	'	'	'	1,500,000	'	'	'	'	'
Amount transferred to certificate of deposit	'	'	'	'	'	$1,500,000	'	'	'	'	'

Investment_in_Oil_and_Gas_Prop1

Investment in Oil and Gas Properties (Blocks Four, Five and Dumre in Albania) (Details) (ALBANIA [Member], USD $)	0 Months Ended
	Jun. 24, 2010	Apr. 05, 2011	Dec. 31, 2010
	Periods
	blocks
	acre
Productive Wells [Line Items]	'	'	'
Number of exploration blocks	3	'	'
Area of land	1,200,000	'	'
Area of land, percentage of landmass	20.00%	'	'
Contractual obligation	$3,150,000	'	'
Number of exploration periods of contract	3	'	'
Term of exploration periods	'7 years	'	'
Signig bonus paid for exploration and development of oil and gas properties	50,000	'	50,000
Amount allocated for training and education	100,000	'	'
Amount paid toward allocation for training and education	'	50,000	'
Production Sharing Breach of Contract [Member]	'	'	'
Productive Wells [Line Items]	'	'	'
Number of members designated to exploration advisory committee	3	'	'
Number of members of exploration advisory committee	9	'	'
Production Sharing Breach of Contract [Member] | First Exploration Period [Member]	'	'	'
Productive Wells [Line Items]	'	'	'
Expenditure commitments	$1,500,000	'	'
Term of bank gurantee during exploration period	'90 days	'	'

Investment_in_Oil_and_Gas_Prop2

Investment in Oil and Gas Properties (Bank Guarantee and Arbitration Proceedings) (Details) (ALBANIA [Member], Production Sharing Breach of Contract [Member])	0 Months Ended
	7-May-13	7-May-13	Jun. 24, 2010
	USD ($)	EUR (€)	First Exploration Period [Member]
			USD ($)
Productive Wells [Line Items]	'	'	'
Term of bank gurantee during exploration period	'	'	'90 days
Expenditure commitments	'	'	$1,500,000
Litigation settlement, expense	$501,511	€ 382,774	'

Investment_in_Oil_and_Gas_Prop3

Investment in Oil and Gas Properties (Consulting Agreement) (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Jun. 24, 2010

Sep. 30, 2013

7-May-13

Apr. 05, 2011

Dec. 31, 2010

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Sep. 30, 2013

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2010

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

ALBANIA [Member]

Series B Preferred Stock [Member]

Series B Preferred Stock [Member]

Series B Preferred Stock [Member]

Series B Preferred Stock [Member]

Orsett [Member]

Orsett [Member]

Orsett [Member]

Orsett [Member]

Amendment Term One [Member]

Amendment Term Two [Member]

Productive Wells [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments related to investment

'

'

'

'

'

'

'

'

'

'

'

$365,220

'

$700,000

$150,000

Shares payment

'

'

'

'

'

'

'

'

'

'

'

'

'

1,500,000

1,500,000

Preferred stock, shares issued

'

'

'

'

'

'

'

3,863,636

3,863,636

'

3,863,636

'

'

'

'

Common stock, shares issued

68,118,709

68,118,709

'

'

'

'

'

'

'

'

'

'

3,000,000

'

'

Common stock, value issued

68,119

68,119

'

'

'

'

'

'

'

'

'

'

1,170,000

'

'

Preferred stock

'

'

'

'

'

'

'

7,820,000

7,820,000

7,820,000

'

'

'

'

'

Costs

'

'

'

'

'

'

'

'

'

'

'

9,840,000

'

'

'

Investment in oil and gas properties, net

0

10,205,220

'

0

0

'

'

'

'

'

'

'

'

'

'

Signig bonus paid for exploration and development of oil and gas properties

'

'

50,000

'

'

'

50,000

'

'

'

'

'

'

'

'

Amount paid toward allocation for training and education

'

'

'

'

'

50,000

'

'

'

'

'

'

'

'

'

Amount allocated for training and education

'

'

$100,000

'

'

'

'

'

'

'

'

'

'

'

'

Investment_in_Oil_and_Gas_Prop4

Investment in Oil and Gas Properties (Mubarek Field Operations) (Details) (Mubarek Wells [Member], USD $)

0 Months Ended

9 Months Ended

0 Months Ended

Dec. 31, 2009

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 28, 2009

Jun. 30, 2008

18-May-05

Jun. 30, 2008

18-May-05

Jun. 30, 2008

Jun. 30, 2008

18-May-05

Jun. 30, 2008

18-May-05

Participation Agreement [Member]

Participation Agreement [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Buttes [Member]

Sastaro [Member]

Recoupe Total Investment [Member]

Recoupe Total Investment [Member]

Decrease in Production Revenue Due to Exceeding Original Cost Estimated [Member]

After Total Investment Recouped [Member]

After Total Investment Recouped [Member]

Two Times Inital Investment Recouped [Member]

Two Times Inital Investment Recouped [Member]

Productive Wells [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Contribution in drilling and completion costs

'

'

'

'

'

$53,219,000

$25,000,000

'

'

'

'

'

'

'

Percentage of production revenue received

'

'

'

'

'

'

'

75.00%

75.00%

35.25%

18.84%

40.00%

4.33%

9.20%

Maximum operating costs per barrel

'

'

'

3

'

'

'

'

'

'

'

'

'

'

Royalty fees of gross production

'

'

'

14.50%

'

'

'

'

'

'

'

'

'

'

Drilling and completion costs

'

'

'

'

25,000,000

'

'

'

'

'

'

'

'

'

Impairment of oil and gas properties

0

'

'

'

'

'

'

'

'

'

'

'

'

'

Cost-method investments, aggregate carrying amount

'

$0

$0

'

'

'

'

'

'

'

'

'

'

'

Restricted_Cash_and_Bank_Guara1

Restricted Cash and Bank Guarantee (Details) (Texas Citizens Bank N.A. [Member], USD $)	Aug. 10, 2011
Productive Wells [Line Items]	'
Expenditure commitments	$1,500,000
Letter of Credit [Member]	'
Productive Wells [Line Items]	'
Expenditure commitments	$1,500,000

Stockholders_Equity_Preferred_

Stockholders' Equity (Preferred Stock) (Narrative) (Details) (USD $)	0 Months Ended
	Oct. 08, 2010	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Maximum [Member]	'	'	'	'	'
Class of Stock [Line Items]	'	'	'	'	'
Percent of beneficial ownership that can be converted	4.99%	'	'	'	'
Beneficial ownership limitation notice period	'61 days	'	'	'	'
Series A Preferred Stock [Member]	'	'	'	'	'
Class of Stock [Line Items]	'	'	'	'	'
Preferred stock, shares authorized	'	10,000,000	10,000,000	'	'
Preferred stock, par value	'	$0.00	$0.00	'	'
Preferred stock, shares issued	'	0	0	'	'
Preferred stock	'	$0	$0	'	'
Preferred stock, shares outstanding	'	0	0	'	'
Series B Preferred Stock [Member]	'	'	'	'	'
Class of Stock [Line Items]	'	'	'	'	'
Preferred stock, shares authorized	5,000,000	5,000,000	5,000,000	'	'
Preferred share converted into common stock	4.4	'	'	'	'
Preferred stock, shares issued	'	3,863,636	3,863,636	'	3,863,636
Preferred stock	'	$7,820,000	$7,820,000	$7,820,000	'
Preferred stock, shares outstanding	'	3,863,636	3,863,636	'	'

Stockholders_Equity_Common_Sto

Stockholders' Equity (Common Stock and Stock Options) (Narrative) (Details) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended		0 Months Ended			0 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Aug. 07, 2012	Jul. 26, 2005	Aug. 25, 2005	Jun. 01, 2012	Aug. 19, 2012	Oct. 11, 2012
						Non-U.S. Plan [Member]	Non-U.S. Plan [Member]	U.S. Plan [Member]	Former Chief Executive Officer [Member]	Common Stock [Member]	Common Stock [Member]
							Maximum [Member]	Maximum [Member]		New Advisory Board Member [Member]	Second Advisory Board Member [Member]
Class of Stock [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Percent to be acquired of entity issued and outstanding common stock	'	'	'	'	'	'	10.00%	'	'	'	'
Common stock, shares authorized	150,000,000	150,000,000	'	150,000,000	'	'	'	3,321,600	'	'	'
Common shares granted, shares	'	'	'	'	'	'	'	'	150,000	150,000	100,000
Common shares granted, value	'	'	'	'	'	'	'	'	$22,500	$24,000	$17,000
Stock options granted	0	'	'	'	300,000	300,000	'	'	'	'	'
Range of exercise prices	'	'	'	$0.18	$0.18	$0.25	'	'	'	'	'
Vesting period	'	'	'	'	'	'3 years	'	'	'	'	'
Range of exercise prices, maximum	'	'	'	$0.25	$0.25	'	'	'	'	'	'
Risk-free interest rates	'	'	'	1.55%	1.55%	'	'	'	'	'	'
Expected dividend yields	'	'	'	0.00%	0.00%	'	'	'	'	'	'
Expected life	'	'	'	'4 years	'4 years	'	'	'	'	'	'
Expected volatility, minimum	'	'	'	207.00%	207.00%	'	'	'	'	'	'
Expected volatility, maximum	'	'	'	291.00%	291.00%	'	'	'	'	'	'
Share based compensation	'	35,356	14,865	'	'	'	'	'	'	'	'
Unrecognized compensation expenses related to non-vested option agreements	55,571	55,571	'	'	'	'	'	'	'	'	'
Aggregate intrinsic value of exercisable shares	0	0	'	'	'	56,767	'	'	'	'	'
Aggregate intrinsic value of options outstanding	$0	$0	'	'	'	'	'	'	'	'	'

Stockholders_Equity_Schedule_o

Stockholders' Equity (Schedule of Stock Option Outstanding) (Details) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Shares Underlying Options Outstanding, Range of Exercise Prices	'	'	$0.18	$0.18
Shares Underlying Options Outstanding	2,100,000	'	2,100,000	2,500,000
Shares Underlying Options Outstanding, Weighted Average Remaining Contractual Life (Years)	'3 years 10 months 21 days	'4 years 7 months 10 days	'	'4 years 4 months 6 days
Shares Underlying Options Outstanding, Weighted Average Exercise Price	$0.55	'	$0.55	$0.76
Shares Underlying Options Exercisable	1,833,333	'	'	'
Shares Underlying Options Exercisable, Weighted Average Exercise Price	$0.59	'	'	'
$0.18 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Shares Underlying Options Outstanding, Range of Exercise Prices	$0.18	'	'	'
Shares Underlying Options Outstanding	750,000	'	'	'
Shares Underlying Options Outstanding, Weighted Average Remaining Contractual Life (Years)	'4 years 11 months 19 days	'	'	'
Shares Underlying Options Outstanding, Weighted Average Exercise Price	$0.18	'	'	'
Shares Underlying Options Exercisable	683,333	'	'	'
Shares Underlying Options Exercisable, Weighted Average Exercise Price	$0.18	'	'	'
$0.25 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Shares Underlying Options Outstanding, Range of Exercise Prices	$0.25	'	'	'
Shares Underlying Options Outstanding	550,000	'	'	'
Shares Underlying Options Outstanding, Weighted Average Remaining Contractual Life (Years)	'5 years 6 months 7 days	'	'	'
Shares Underlying Options Outstanding, Weighted Average Exercise Price	$0.25	'	'	'
Shares Underlying Options Exercisable	350,000	'	'	'
Shares Underlying Options Exercisable, Weighted Average Exercise Price	$0.25	'	'	'
$0.50 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Shares Underlying Options Outstanding, Range of Exercise Prices	$0.50	'	'	'
Shares Underlying Options Outstanding	200,000	'	'	'
Shares Underlying Options Outstanding, Weighted Average Remaining Contractual Life (Years)	'3 years 4 months 6 days	'	'	'
Shares Underlying Options Outstanding, Weighted Average Exercise Price	$0.50	'	'	'
Shares Underlying Options Exercisable	200,000	'	'	'
Shares Underlying Options Exercisable, Weighted Average Exercise Price	$0.50	'	'	'
$1.29 [Member]	'	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'	'
Shares Underlying Options Outstanding, Range of Exercise Prices	$1.29	'	'	'
Shares Underlying Options Outstanding	600,000	'	'	'
Shares Underlying Options Outstanding, Weighted Average Remaining Contractual Life (Years)	'2 years 3 months	'	'	'
Shares Underlying Options Outstanding, Weighted Average Exercise Price	$1.29	'	'	'
Shares Underlying Options Exercisable	600,000	'	'	'
Shares Underlying Options Exercisable, Weighted Average Exercise Price	$1.29	'	'	'

Stockholders_Equity_Schedule_o1

Stockholders' Equity (Schedule of Stock Options Activity) (Details) (USD $)	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]	'	'	'	'
Number Of Shares, Beginning Balance	'	2,100,000	2,500,000	'
Weighted Average Exercise Price, Beginning Balance	'	$0.55	$0.76	'
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expirations in Period	0	'	'	-700,000
Weighted Average Exercise Price, Options cancelled	'	'	'	($1.18)
Number of Shares, Options granted	0	'	'	300,000
Weighted Average Exercise Price, Options granted	'	'	'	$0.25
Number Of Shares, Ending Balance	2,100,000	2,100,000	'	2,500,000
Weighted Average Exercise Price, Ending Balance	$0.55	$0.55	'	$0.76
Weighted Average Remaining Contract Life (Years), Outstanding	'	'3 years 10 months 21 days	'4 years 7 months 10 days	'4 years 4 months 6 days
Number Of Shares, Exercisable	1,833,333	1,833,333	'	'
Weighted Average Exercise Price, Exercisable	$0.59	$0.59	'	'
Weighted Average Remaining Contract Life (Years), Exercisable	'	'4 years 1 month 10 days	'	'

Stockholders_Equity_Class_A_Un

Stockholders' Equity (Class A Units and Class A Warrants and Class B Units and Class B Warrants) (Narrative) (Details) (USD $)	3 Months Ended	9 Months Ended
	Dec. 31, 2011	Sep. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	31-May-12	Oct. 31, 2011
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Increasing in capital	'	'	'	'	$500,000	$1,000,000
Common stock, par value	'	$0.00	'	$0.00	$0.00	$0.00
Proceeds from issuance of common stock	$860,000	$140,000	$1,000,000	'	'	'
Class A Units [Member]	'	'	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Class of warrant or right, reserved	'	'	'	'	2,000,000	4,000,000
Exercise price of warrants or rights	'	'	'	'	0.25	0.25
Class A Units [Member] | Common Stock [Member]	'	'	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Stock issued during period, shares, new issues	'	4,000,000	'	'	'	'
Class B Units [Member]	'	'	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Exercise price of warrants or rights	'	'	'	'	0.35	0.35
Class B Warrants (US$0.60) [Member]	'	'	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Exercise price of warrants or rights	'	'	'	'	0.6	0.6
Class A Warrants (US$0.35) [Member]	'	'	'	'	'	'
Class of Warrant or Right [Line Items]	'	'	'	'	'	'
Class of warrant or right, reserved	'	'	'	'	'	4,000,000
Exercise price of warrants or rights	'	'	'	'	0.35	0.35

Stockholders_Equity_Schedule_o2

Stockholders' Equity (Schedule of Warrants by Class) (Details)	31-May-12	Oct. 31, 2011
Class A Warrants (US$0.35) [Member]	'	'
Class of Warrant or Right [Line Items]	'	'
Warrant Class/Exercise Price (per Unit)	0.35	0.35
Number of Shares Common Stock (Reserved)	'	4,000,000
Class B Warrants (US$0.60) [Member]	'	'
Class of Warrant or Right [Line Items]	'	'
Warrant Class/Exercise Price (per Unit)	0.6	0.6

Notes_Payable_Details

Notes Payable (Details) (USD $)	9 Months Ended
	Sep. 30, 2013
Debt Instrument [Line Items]	'
Numbers of shares that can be exercised up to Janyary 8, 2014	600,000
Board Member [Member]	'
Debt Instrument [Line Items]	'
Amount loaned, related to the Offering	150,000
Convertible Notes Payable [Member]	'
Debt Instrument [Line Items]	'
Stated percentage	8.00%
Notes payable	1,000,000
Conversion price	0.25

Income_Taxes_Details

Income Taxes (Details) (USD $)	9 Months Ended	96 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]	'	'
Accumulated operating losses	$46,000,000	'
Expiration of operating loss carry forward	'2020	'
Foreign taxes recorded	'	$33,000

Contingencies_Details

Contingencies (Details)

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

7-May-13

Sep. 30, 2013

7-May-13

7-May-13

Sep. 30, 2013

Sep. 30, 2013

Apr. 30, 2012

Apr. 30, 2012

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

ALBANIA [Member]

ALBANIA [Member]

Production Sharing Breach of Contract [Member]

Production Sharing Breach of Contract [Member]

Tribunal [Member]

Tribunal [Member]

Tribunal [Member]

Tribunal [Member]

USD ($)

USD ($)

ALBANIA [Member]

ALBANIA [Member]

USD ($)

CHF

USD ($)

CHF

USD ($)

EUR (€)

Loss Contingencies [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments for estimated legal cost

'

'

'

'

'

'

'

'

'

$238,000

210,000

$112,000

100,000

Litigation settlement, expense

'

'

'

'

'

'

'

501,511

382,774

'

'

'

'

Investment in oil and gas properties, net

0

'

0

'

10,205,220

0

0

'

'

'

'

'

'

Impairment of investment

0

0

10,205,220

0

'

10,205,220

'

'

'

'

'

'

'

Settlement liabilities

'

'

'

'

'

'

'

$382,774

€ 501,511

'

'

'

'

Subsequent_Events_Details

Subsequent Events (Details)	3 Months Ended		9 Months Ended			0 Months Ended		0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	7-May-13	Sep. 30, 2013	7-May-13	7-May-13
	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	ALBANIA [Member]	ALBANIA [Member]	ALBANIA [Member]	ALBANIA [Member]
						USD ($)	USD ($)	Production Sharing Breach of Contract [Member]	Production Sharing Breach of Contract [Member]
								USD ($)	EUR (€)
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'	'
Litigation settlement, expense	'	'	'	'	'	'	'	$501,511	€ 382,774
Impairment of investment	0	0	10,205,220	0	'	10,205,220	'	'	'
Investment in oil and gas properties, net	$0	'	$0	'	$10,205,220	$0	$0	'	'