ERHC Energy (ERHE) 10-Q 17 Feb 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Dec. 31, 2014	Jan. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	ERHC Energy Inc
Entity Central Index Key	799235
Current Fiscal Year End Date	-21
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		884,519,152
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Dec-14

UNAUDITED_CONSOLIDATED_BALANCE

UNAUDITED CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Sep. 30, 2014
Current assets:
Cash and cash equivalents	$1,448,771	$2,182,406
Investment in Oando Energy Resources	452,038	671,402
Deferred debt origination cost - short term	173,926	147,079
Prepaid expenses and other	255,805	246,922
Total current assets	2,330,540	3,247,809
Oil and gas concession fees	6,036,050	6,006,235
Furniture and equipment, net of accumulated depreciation of $387,924 and $368,587 at December 31, 2014 and September 30, 2014	186,936	206,273
Deferred debt origination cost - long term	36,363	43,755
Income tax receivable	2,018,533	2,018,533
Prepaid expenses - long term	78,450	172,433
Total assets	10,686,872	11,695,038
Current liabilities:
Accounts payable and accrued liabilities	296,166	379,639
Convertible note payable, net of discount - short term	457,876	625,533
Derivative liability - short term	894,400	751,404
Total current liabilities	1,648,442	1,756,576
Convertible note payable, net of discount - long term	43,923	38,076
Derivative liability - long term	270,218	270,538
Total liabilities	1,962,583	2,065,190
Commitments and contingencies
Shareholders' equity:
Preferred stock, par value $0.0001; authorized 10,000,000 shares; none issued and outstanding	0	0
Common stock, par value $0.0001; authorized 3,000,000,000 shares; issued and outstanding 822,609,037 and 765,194,088 shares at December 31, 2014 and September 30, 2014	82,260	76,520
Additional paid-in capital	102,077,585	101,080,306
Accumulated other comprehensive loss	-897,961	-678,598
Accumulated deficits	-92,537,595	-90,848,380
Total shareholders' equity	8,724,289	9,629,848
Total liabilities and shareholders' equity	$10,686,872	$11,695,038

UNAUDITED_CONSOLIDATED_BALANCE1

UNAUDITED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Sep. 30, 2014
Current assets:
Furniture and equipment, accumulated depreciation	$387,924	$368,587
Shareholder's equity:
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, authorized (in shares)	3,000,000,000	3,000,000,000
Common stock, issued (in shares)	822,609,037	765,194,088
Common stock, outstanding (in shares)	822,609,037	765,194,088

UNAUDITED_CONSOLIDATED_STATEME

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Costs and expenses:
General and administrative	$828,473	$973,578
Exploration expenses	445,988	173,819
Depreciation	19,336	23,457
Gain on sale of partial interest in Kenya concession	-239,515	0
Total costs and expenses	1,054,282	1,170,854
Other income and (expenses):
Interest income	705	1,504
Gain on MTM of derivative liability	114,674	0
Loss on embedded derivative	-532,188	0
Interest expense	-218,124	0
Total other income and (expense)	-634,933	1,504
Loss before benefit (provision) for income taxes	-1,689,215	-1,169,350
Benefit (provision) for income taxes:
Current	0	0
Deferred	0	0
Total benefit (provision) for income taxes	0	0
Net loss	($1,689,215)	($1,169,350)
Net loss per common share - basic and diluted (in dollars per share)	$0	$0
Weighted average number of common shares outstanding - basic and diluted (in shares)	782,790,988	764,849,260

UNAUDITED_CONSOLIDATED_STATEME1

UNAUDITED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
UNAUDITED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Net loss	($1,689,215)	($1,169,350)
Other comprehensive income - unrealized loss on available for sale securities	-219,363	-81,006
Total other comprehensive loss	($1,908,578)	($1,250,356)

UNAUDITED_CONSOLIDATED_STATEME2

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating Activities:
Net loss	($1,689,215)	($1,169,350)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and depletion expense	19,337	23,457
Compensatory stock options	0	6,843
Loss on embedded derivative	532,188	0
Gain on change in fair value of derivatives	-114,674	0
Gain on sale of partial interest in Kenya concession	-239,515	0
Amortization of convertible debt discount	116,259	0
Amortization of debt issuance costs	30,645	0
Stock issued for board compensation	8,400	0
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	85,100	-105,602
Accounts payable and other accrued Liabilities	-83,473	-70,829
Accounts payable and accrued liabilities, related party	0	19,667
Net cash used in operating activities	-1,334,948	-1,295,814
Cash Flows From Investing Activities:
Deposit, and accrued interest	0	-546
Purchase of oil and gas concessions	-29,815	0
Proceeds from deferred farm-out fees	239,515	2,731,558
Net cash provided by investing activities	209,700	2,731,012
Cash Flows From Financing Activities:
Proceeds from convertible debt	391,613	0
Net cash provided by financing activities	391,613	0
Net increase (decrease) in cash and cash equivalents	-733,635	1,435,198
Cash and cash equivalents, beginning of period	2,182,406	1,184,204
Cash and cash equivalents, end of period	1,448,771	2,619,402
Non-cash investing and financing activities:
Unrealized loss on investment in Exile Resources	219,364	81,006
Discount from derivative	260,032	0
Conversion of note payable to common stock	459,750	0
Derivative liabilities extinguished on conversion	$534,870	$0

BASIS_OF_PRESENTATION_AND_BUSI

BASIS OF PRESENTATION AND BUSINESS ORGANIZATION	3 Months Ended
	Dec. 31, 2014
BASIS OF PRESENTATION AND BUSINESS ORGANIZATION [Abstract]
BASIS OF PRESENTATION AND BUSINESS ORGANIZATION	NOTE 1 – BASIS OF PRESENTATION AND BUSINESS ORGANIZATION
	The consolidated financial statements included herein, which have not been audited pursuant to the rules and regulations of the Securities and Exchange Commission, reflect all adjustments which, in the opinion of management, are necessary to present a fair statement of the results for the interim periods on a basis consistent with the annual audited financial statements.  All such adjustments are of a normal recurring nature.  The results of operations for the interim periods are not necessarily indicative of the results to be expected for an entire year.  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 omitted pursuant to such rules and regulations, although ERHC Energy Inc. ("ERHC" or the "Company") believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the Company's audited financial statements included in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2014.
	Recent accounting pronouncements
	There have been no recently issued accounting pronouncements that have had or are expected to have a material impact on the Company's consolidated financial statements.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Dec. 31, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 2 – FAIR VALUE OF FINANCIAL INSTRUMENTS
	The Company adopted new guidance as of October 1, 2008, related to the measurement of the fair value of certain of its financial assets required to be measured on a recurring basis. Under the new guidance, based on the observability of the inputs used in the valuation techniques, the Company is required to provide the following information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories:
		●	Level 1 — Quoted prices in active markets for identical assets or liabilities.
		●	Level 2 — Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or, other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
		●	Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	Interest income on cash and cash equivalents is recognized as earned on the accrual basis.
	Investments are accounted for as available for sale securities and reported at fair value, determined based on the quoted prices in an active market for identical assets and classified as Level 1 under the ASC 820.
	During the three months ended December 31, 2014, the Company's investment in the common stock and warrants of OER, a Canadian oil and gas company that trades on the Toronto Stock Exchange (TSX) decreased in value by $219,363. This decrease in value is included as a decrease in stockholders' equity in accumulated other comprehensive income.
	During the three months ended December 31, 2014, the Company issued a number of convertible notes payable, and identified derivatives related to these notes. ERHC classifies its derivative liabilities as Level 3 and values them using the methods discussed in Note 5. While the Company believes that its valuation methods are appropriate and consistent with other market participants, it recognizes that the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The primary assumptions that would significantly affect the fair values using the methods discussed in Note 5 are that of volatility and market price of the underlying common stock of the Company.
	As of December 31, 2014, the Company did not have any derivative instruments that were designated as hedges.
	The derivative liability as of December 31, 2014, in the amount of $1,164,618 has a level 3 classification.
	The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of December 31, 2014:
			Derivative
			Liability
	Balance at September 30, 2014		$	1,021,942
	Increase in derivative value due to issuances of convertible promissory notes			260,032
	Decrease in derivative value due to convertible promissory notes converted to common stocks			(534,870	)
	Day 1 loss on derivative liabilities			532,188
	Change in fair market value of derivative liabilities on convertible notes due to the mark to market adjustment			(108,812	)
	Change in fair market value of derivative liabilities on tainted warrants due to the mark to market adjustment			(5,862	)
	Balance at December 31, 2014		$	1,164,618

OIL_AND_GAS_CONCESSIONS

OIL AND GAS CONCESSIONS	3 Months Ended
	Dec. 31, 2014
OIL AND GAS CONCESSIONS [Abstract]
OIL AND GAS CONCESSIONS	NOTE 3 – OIL AND GAS CONCESSIONS
	The following is an analysis of the cost of oil and gas concessions at December 31, 2014 and September 30, 2014:
		31-Dec-14		30-Sep-14
	DRSTP concession	$	3,113,795	$	3,113,795
	Chad concession		2,827,615		2,800,600
	Kenya concession				-
	Pending concessions in other African countries		94,640		91,840
		$	6,036,050	$	6,006,235
	In October, 2013, the Company entered into a farm-out agreement with CEPSA Kenya Limited, an affiliate of Compañía Española de Petróleos, S.A.U., an international oil and gas company ("CEPSA"). Under the terms of this agreement, the Company assigned and transferred 55% of its participating interest in Kenya Block 11A to CEPSA. In connection with this farm-out, the Company recognized a gain of $239,515 of reimbursement of exploration costs incurred during the three months ended December 31, 2014.
	In exchange for the transferred rights, CEPSA will carry the Company's proportionate share of obligations and financial costs under the terms and conditions outlined in the farm-out agreement. The agreement was approved in January 2014 by the Kenyan Government and from February 2014, CEPSA took over from ERHC as operator under the production sharing contract ("PSC") for Kenya Block 11A.

CONVERTIBLE_DEBT

CONVERTIBLE DEBT	3 Months Ended
	Dec. 31, 2014
CONVERTIBLE DEBT [Abstract]
CONVERTIBLE DEBT	NOTE 4 – CONVERTIBLE DEBT
	The Company had the following convertible debt outstanding at December 31, 2014:
	Lender	Date of		Term				Annual				Face Value			Accrued			Discount (c)			Deferred Debt			Net Convertible		Note
		Agreement		(Months)				Interest							Interest						Origination Costs			Note Payable		Derivative
								Rate													Due at Maturity (d)					Liability
	JMJ Financial #1	4/15/14			24				5.83	%	(a)	$	14,890		$	1,342		$	13,062		$	11,111		$	14,281	$	26,830
	KBM Worldwide #2	6/26/14			9				8	%			53,000			2,091			55,091			-			-		86,237
	Redwood Fund III	5/15/14			18				7.85	%	(b)		40,000			5,918			45,918			-			-		63,046
	Vista Capital Investments #1	6/16/14			24				5.83	%	(b)		50,000			6,791			42,412			5,556			19,935		56,586
	Tonaquint, Inc	7/10/14			12				12	%			115,000			6,579			93,510			-			28,069		150,283
	Union Capital	7/16/14			12				8	%			30,000			3,027			-			-			33,027		-
	Iconic Holding, LLC	7/16/14			12				10	%			75,000			3,452			62,574			-			15,878		63,076
	Acutus Private	7/29/14			9				8	%			58,750			1,772			-			-			60,522		-
	KBM Worldwide #3	8/15/14			9				8	%			53,000			2,137			-			-			55,137		-
	Vista Capital Investments #2	8/26/14			24				5.83	%			25,000			254			27,339			2,777			692		26,064
	KBM Worldwide #4	9/2/14			9				8	%			47,500			2,666			-			-			50,166		-
	JMJ Financial #2	9/3/14			24				5.83	%			50,000			475			46,844			5,556			9,187		54,231
	JSJ Investments #2	9/8/14			6				12	%			100,000			6,411			64,990			-			41,421		189,882
	Macallan Partners, LLC	9/9/14			12				10	%			120,000			3,715			106,411			-			17,304		112,502
	Tonaquint, Inc #2	10/7/14			12				12	%			55,000			1,537			49,833			-			6,704		76,964
	Tonaquint, Inc #3	10/7/14			12				12	%			55,000			1,537			49,833			-			6,704		76,964
	JMJ Financial #3	10/22/14			24				5.83	%			50,000			280			47,446			-			2,834		53,336
	KBM Worldwide #5	10/23/14			9				8	%			78,500			1,583			-			-			80,083		-
	LG Capital	10/23/14			12				8	%			52,500			1,530			50,584			-			3,446		75,446
	Cardinal Capital Group	11/6/14			24				12	%			50,000			452			47,903			-			2,549		53,135
	KBM Worldwide #6	12/8/14			9				8	%			53,500			360			-			-			53,860		-
												$	1,226,640		$	53,909		$	803,750		$	25,000		$	501,799	$	1,164,582
	During the three months ended December 31, 2014, the Company issued an aggregate of 57,204,949 shares of common stock for conversion of convertible debts of $459,750 and decrease in derivative value due to conversion of $534,870.
	(a)	Implied interest rate. The note is subject to a one time 12% interest charge unless repaid within 90 days
	(b)	Implied interest rate. The note is subject to a one time 12% interest charge regardless of how long it has been outstanding
	(c)	Original Issue Discount due at maturity of the note
	The following table summarizes conversion terms of the notes outstanding at December 31, 2014:
	Lender		Date of Agreement		Conversion Rate			Calculation Period		Eligible for Conversion
	JMJ Financial		April 15, September 3 and October 27, 2014		Lesser of $0.06 or 60%			25 trading days prior to conversion		180 after the effective dates
	KBM Worldwide		April 24, June 26, August 11, September 2, October 23 and December 23, 2014			61%		10 trading days prior to conversion		180 after the effective dates
	Redwood Fund III		May 15, and November 11, 2014			55%		20 trading days prior to conversion		180 after the effective date
	Vista Capital Investments		June 16 and August 26, 2014		Lesser of $0.075 or 60%			25 trading days prior to conversion		180 after the effective dates
	Tonaquint, Inc		July 10 and October 7, 2014			65%		25 trading days prior to conversion		180 after the effective date
	Union Capital		16-Jul-14			55%		20 trading days prior to conversion		180 after the effective date
	Iconic Holding, LLC		16-Jul-14		Lesser of $0.085 or 60%			20 trading days prior to conversion		180 after the effective date
	Auctus Private		29-Jul-14			55%		25 trading days prior to conversion		180 after the effective date
	JSJ Investments		8-Sep-14			60%		20 trading days prior to conversion		180 after the effective date
	Macallan Partners, LLC		9-Sep-14			55%		20 trading days prior to conversion		180 after the effective date
	LG Capital #2		23-Oct-14			60%		20 trading days prior to conversion		180 after the effective date
	Cardinal Capital Group		6-Nov-14		Lesser of $0.05 or 60%			25 trading days prior to conversion		180 after the effective dates
	As of December 31, 2014, Company recorded the following deferred origination costs related to the convertible notes:
	Lender		Date of			Transaction Costs				Deferred Debt			Legal and Other Debt Origination Costs			Initial Deferred Origination Costs			Amortization (c)			Net Deferred
			Agreement							Origination												Debt Origination
										Costs Due at												Costs
										Maturity (b)
	JMJ Financial		4/15/2014			$	10,000			$	11,111		$	-		$	21,111		$	18,461		$	2,650
	KBM Worldwide		6/26/2014				5,000				-			3,000			8,000			534			7,466
	Redwood Fund III		5/15/2014				10,000				-			-			10,000			5,104			4,896
	Vista Capital Investments		6/16/2014				5,000				5,556			-			10,556			1,308			9,248
	Various		(a)	Various			-				-			41,400			41,400			7,831			33,569
	Tonaquint, Inc		7/10/2014				10,000				-			15,000			25,000			2,353			22,647
	Union Capital		7/16/2014				-				-			4,500			4,500			-			4,500
	Iconic Holding, LLC		7/16/2014				6,750				-			7,500			14,250			-			14250
	Auctus Private		7/29/2014				5,250				-			6,250			11,500			2,973			8,527
	KBM Worldwide		8/11/2014				5,000				-			3,000			8,000			2,521			5,479
	Vista Capital Investments		8/26/2014				2,500				2,777			-			5,277			-			5,277
	KBM Worldwide		9/2/2014				4,500				-			2,500			7,000			2,466			4,534
	JMJ Financial		9/3/2014				5,000				5,556			-			10,556			1,256			9,300
	JSJ Investments		9/8/2014				10,000				-			2,000			12,000			-			12,000
Macallan Partners, LLC		9/9/2014				-				-			12,000			12,000			-			12,000
Tonaquint, Inc #2		10/7/2014				5,000				-			5,000			10,000			573			9,427
Tonaquint, Inc #3		10/7/2014				5,000				-			5,000			10,000			573			9,427
JMJ Financial #3		10/22/2014				5,000				-			-			5,000			-			5,000
KBM Worldwide #5		10/23/2014				7,500				-			3,500			11,000			1,890			9,110
LG Capital		10/23/2014				5,000				-			2,500			7,500			4,486			3,014
Cardinal Capital Group		11/6/2014				5,000				-			5,000			10,000			112			9,888
KBM Worldwide #6		12/8/2014				5,000				-			3,500			8,500			420			8,080
					$	116,500			$	25,000		$	121,650		$	263,150		$	52,861		$	210,289
	(a)	An aggregate of lesser deferred debt origination costs
	(b)	Original Issue Discount due at maturity of the note
	(c)	Charged to the period's interest expense
	(d)	At December 31, 2014, Net Deferred Origination Costs in the amount of $36,363 had remaining useful lives exceeding twelve months, and were accordingly classified as long term.

DERIVATIVE_LIABILITIES

DERIVATIVE LIABILITIES	3 Months Ended
	Dec. 31, 2014
DERIVATIVE LIABILITIES [Abstract]
DERIVATIVE LIABILITIES	NOTE 5 – DERIVATIVE LIABILITIES
	As described in Notes 4 and 6, the Company has identified embedded derivatives in notes payables and outstanding warrants.
	The fair value of the embedded derivatives related to the convertible notes payable, comprising conversion feature with the reset provisions and the default provisions, at issuance and December 31, 2014 was determined using the multinomial lattice models that value the derivative liability based on a probability weighted discounted cash flow model.  These models are based on future projections of the various potential outcomes and utilize the following assumptions:
		·	The stock price would fluctuate with the Company projected volatility;
		·	The Derivative Convertible Notes (held by JMJ Financial, LG Capital, Adar Bay, Vista Capital Investment, Tonaquint Inc., KBM Worldwide, JSJ Investments, Iconic Holding LLC, Macallan Partners LLC, Union Capital, Auctus Private, and Redwood Fund III) convert at  40%  to  60%  of the market prices;
		·	An event of default would occur initially 0% of the time, increasing 1.00% per month until it reaches 10%;
		·	The projected volatility curve for each valuation period was based on the historical volatility of the Company, ranging between 101% and 108%;
		·	The Company would redeem the notes initially 0% of the time, and increase monthly by 1.00% to a maximum of 5.00%;
		·	The holders of the notes would automatically convert the notes at the maximum of two times the conversion price if the Company is not in default, with the target conversion price dropping as maturity approaches; and
		·	The Holder would convert the note early after 0-90-180 days and at maturity if the registration was effective and the Company was not in default.
	As discussed in Note 3, the Company issued convertible notes payable that provide for the issuance of convertible notes with variable conversion provisions. The conversion terms of the convertible notes are variable based on certain factors, such as the future price of the Company’s common stock. The number of shares of common stock to be issued is based on the future price of the Company’s common stock. The number of shares of common stock issuable upon conversion of the promissory note is indeterminate. Due to the fact that the number of shares of common stock issuable could exceed the Company’s authorized share limit, the equity environment is tainted and all additional convertible debentures and warrants are included in the value of the derivative. Pursuant to ASC 815-15 Embedded Derivatives, the fair values of the variable conversion option and warrants and shares to be issued were recorded as derivative liabilities on the issuance date.
	The fair value of the embedded derivatives related to the tainted outstanding warrants, comprising exercise feature with the full ratchet reset, at December 31, 2014 was determined using the lattice models that value the derivative liability based on a probability weighted discounted cash flow model.  These models are based on future projections of the various potential outcomes and utilize the following assumptions:
		·	The stock price would fluctuate with the Company projected volatility;
		·	The stock price would fluctuate with an annual volatility. The projected volatility curve for each valuation period was based on the historical volatility of the Company, ranging between 101% and 103%;
		·	The Holder would exercise the warrant as they become exercisable at target prices of two times the higher of the projected reset price or stock price;
		·	The Warrants with the $0.355; $0.28; and $0.275 exercise prices are fixed and not projected to adjust; and
		·	The Feltang Warrants have expired in the period ending December 31, 2014 without being exercised.
	The accounting treatment of derivative financial instruments requires that the Company record fair value of the derivatives as of the inception date and to fair value as of each subsequent reporting date which at December 31, 2014 was an aggregate of $1,164,618.
	During the year ended December 31, 2014, the Company recorded an aggregate $114,674 gain on change in fair value of derivative liabilities and a $532,188 day 1 loss upon recognition of these derivatives. See Note 3 for more information.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Dec. 31, 2014
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	NOTE 6 - STOCKHOLDERS' EQUITY
	During the three months ended December 31, 2014, the Company recognized compensation expense of $8,400 related to service granted to the Board of Directors in fiscal year 2014.
	During the three months ended December 31, 2014, the Company issued an aggregate of 57,204,949 shares of common stock for conversion of convertible debt with total valued at $994,619.
	As of December 31, 2014, there are 4,150,000 options outstanding; none of which are exercisable.  These options have a weighted average remaining term of six days and an intrinsic value of zero. Unamortized compensation cost related to these options amounted to $0.
	During the three months ended December 31, 2014, there were no new warrants granted and none were exercised, cancelled or expired.  As of December 31, 2014, the Company has 7,277,729 outstanding and exercisable warrants with a weighted average exercise price and remaining term of $0.32 per share and 1.0 years, respectively.  As of December 31, 2014, these warrants have an intrinsic value of zero.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Dec. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7 – COMMITMENTS AND CONTINGENCIES
	COMMITMENTS UNDER PRODUCTION SHARE CONTRACTS
	Republic of Kenya Concession Fees and Other Financial Commitments
	On June 28, 2012, ERHC entered into a production sharing contract ("PSC") with the Government of the Republic of Kenya for certain land based hydrocarbon exploration and production of Block 11A located in northwestern Kenya.
	In October, 2013, the Company entered into a farm-out agreement with CEPSA Kenya Limited, an affiliate of Compañía Española de Petróleos, S.A.U., an international oil and gas company ("CEPSA"). Under the terms of this agreement, the Company assigned and transferred 55% of its participating interest in Kenya Block 11A to CEPSA. In exchange for the transferred rights, CEPSA will carry the Company's proportionate share of obligations and financial costs under the terms and conditions outlined in the farm-out agreement. The agreement was approved in January 2014 by the Kenyan Government and from February 2014, CEPSA took over from ERHC as operator under the production sharing contract ("PSC") for Kenya Block 11A.
	OTHER FINANCIAL OBLIGATIONS:
	Ministry Training Fund		$175,000 per annum during the exploration period
			$200,000 per annum (minimum) from adoption of first development plan
	Social Projects:		$50,000 per annum (minimum)
	Surface Rentals:		$5/km2 per annum (exploration phase 1); $10/km2 per annum (exploration phase 2); $15/km2 per annum (exploration phase 3)
	Republic of Chad Concession Fees and Other Financial Commitments
	On June 30, 2011, ERHC entered into a production sharing contract ("PSC") with Chad for certain onshore hydrocarbon exploration and development.  In September 2013, the Ministry of Energy and Petroleum of Chad approved ERHC’s application to voluntarily relinquish two of the three Blocks covered by the PSC.  The voluntary relinquishment proportionately reduces ERHC’s total signature-bonus obligations of $6,000,000 under the initial PSC to $2,000,000.
	As of December 31, 2014, ERHC has paid or incurred:
	a.	$2,000,000 as the entire signature bonus
	b.	$320,600 in advisers' and ancillary costs related to the PSC
	c.	$480,000 as legal fees and costs for the drafting and negotiation of the PSC, as provided for in the PSC
	d.	$190,872 as costs of Environmental Impact Study, as provided for in the PSC
	e.	$385,500 on Aeromagnetic data acquisition survey
	OTHER FINANCIAL OBLIGATIONS:
	Ministry Training Fund		$250,000 per annum during the exploration period
			$500,000 per annum during the exploitation period
	Social Projects:		None specified in the PSC
	Surface Rentals:		$1/km2 per annum (Exploration Phase 1); $5/ km2 per annum (Exploration Phase 2); $10// km2 per annum (Extension)
			$100/ km2 per annum (Exploitation Phase 1); $150/ km2 per annum (Exploitation Phase 1)

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Dec. 31, 2014
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	NOTE 8 – SUBSEQUENT EVENT
	LEGAL PROCEEDINGS
	JDZ Blocks 5 and 6
	Lawsuit
	The Company’s rights in JDZ Blocks 5 and 6 are currently the subject of legal proceedings at the London Court of International Arbitration and the Federal High Court in Abuja, Nigeria. The Company instituted both proceedings in November 2008 against the JDA and the Governments of Nigeria and Săo Tomé and Príncipe.  The Company seeks legal clarification that its rights in the two Blocks remain intact.
	The issue in contention is contractual. The Company was awarded a 15 percent working interest in each of the Blocks in a 2004/5 bid/licensing round conducted by the JDA following the Company’s exercise of preferential rights in the Blocks as guaranteed by contract and treaty.  The JDA and the Government of STP contend that certain correspondence issued by a previous CEO/President of the Company in 2006 amount to a relinquishment of the Company’s rights in Blocks 5 and 6 under the Company’s contracts with STP which provide for the rights.  The Company contends that no such relinquishment has occurred and has sought recourse to arbitration accordingly. It also filed the suit to prevent any tampering with its said rights in JDZ Blocks 5 and 6 pending the outcome of arbitration.
	Proceedings on the suit and the arbitration are currently suspended while the Company pursues amicable settlement with the Governments of Nigeria and Săo Tomé & Príncipe.
	Routine Claims
	From time to time, ERHC may be subject to routine litigation, claims, or disputes in the ordinary course of business.  ERHC intends to defend these matters vigorously.  The Company cannot predict with certainty, however, the outcome or effect of any of the arbitration or litigation specifically described above or any other pending litigation or claims.

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Dec. 31, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Summary of changes in fair value of the Companys Level 3 financial liabilities	The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of December 31, 2014:
		Derivative
		Liability
	Balance at September 30, 2014	$	1,021,942
	Increase in derivative value due to issuances of convertible promissory notes		260,032
	Decrease in derivative value due to convertible promissory notes converted to common stocks		(534,870	)
	Day 1 loss on derivative liabilities		532,188
	Change in fair market value of derivative liabilities on convertible notes due to the mark to market adjustment		(108,812	)
	Change in fair market value of derivative liabilities on tainted warrants due to the mark to market adjustment		(5,862	)
	Balance at December 31, 2014	$	1,164,618

OIL_AND_GAS_CONCESSIONS_Tables

OIL AND GAS CONCESSIONS (Tables)	3 Months Ended
	Dec. 31, 2014
OIL AND GAS CONCESSIONS [Abstract]
Analysis of Cost of Oil and Gas Concessions	The following is an analysis of the cost of oil and gas concessions at December 31, 2014 and September 30, 2014:
		31-Dec-14		30-Sep-14
	DRSTP concession	$	3,113,795	$	3,113,795
	Chad concession		2,827,615		2,800,600
	Kenya concession				-
	Pending concessions in other African countries		94,640		91,840
		$	6,036,050	$	6,006,235

CONVERTIBLE_DEBT_Tables

CONVERTIBLE DEBT (Tables)	3 Months Ended
	Dec. 31, 2014
CONVERTIBLE DEBT [Abstract]
Convertible debt outstanding	The Company had the following convertible debt outstanding at December 31, 2014:
	Lender	Date of		Term				Annual				Face Value			Accrued			Discount (c)			Deferred Debt			Net Convertible		Note
		Agreement		(Months)				Interest							Interest						Origination Costs			Note Payable		Derivative
								Rate													Due at Maturity (d)					Liability
	JMJ Financial #1	4/15/14			24				5.83	%	(a)	$	14,890		$	1,342		$	13,062		$	11,111		$	14,281	$	26,830
	KBM Worldwide #2	6/26/14			9				8	%			53,000			2,091			55,091			-			-		86,237
	Redwood Fund III	5/15/14			18				7.85	%	(b)		40,000			5,918			45,918			-			-		63,046
	Vista Capital Investments #1	6/16/14			24				5.83	%	(b)		50,000			6,791			42,412			5,556			19,935		56,586
	Tonaquint, Inc	7/10/14			12				12	%			115,000			6,579			93,510			-			28,069		150,283
	Union Capital	7/16/14			12				8	%			30,000			3,027			-			-			33,027		-
	Iconic Holding, LLC	7/16/14			12				10	%			75,000			3,452			62,574			-			15,878		63,076
	Acutus Private	7/29/14			9				8	%			58,750			1,772			-			-			60,522		-
	KBM Worldwide #3	8/15/14			9				8	%			53,000			2,137			-			-			55,137		-
	Vista Capital Investments #2	8/26/14			24				5.83	%			25,000			254			27,339			2,777			692		26,064
	KBM Worldwide #4	9/2/14			9				8	%			47,500			2,666			-			-			50,166		-
	JMJ Financial #2	9/3/14			24				5.83	%			50,000			475			46,844			5,556			9,187		54,231
	JSJ Investments #2	9/8/14			6				12	%			100,000			6,411			64,990			-			41,421		189,882
	Macallan Partners, LLC	9/9/14			12				10	%			120,000			3,715			106,411			-			17,304		112,502
	Tonaquint, Inc #2	10/7/14			12				12	%			55,000			1,537			49,833			-			6,704		76,964
	Tonaquint, Inc #3	10/7/14			12				12	%			55,000			1,537			49,833			-			6,704		76,964
	JMJ Financial #3	10/22/14			24				5.83	%			50,000			280			47,446			-			2,834		53,336
	KBM Worldwide #5	10/23/14			9				8	%			78,500			1,583			-			-			80,083		-
	LG Capital	10/23/14			12				8	%			52,500			1,530			50,584			-			3,446		75,446
	Cardinal Capital Group	11/6/14			24				12	%			50,000			452			47,903			-			2,549		53,135
	KBM Worldwide #6	12/8/14			9				8	%			53,500			360			-			-			53,860		-
												$	1,226,640		$	53,909		$	803,750		$	25,000		$	501,799	$	1,164,582
	During the three months ended December 31, 2014, the Company issued an aggregate of 57,204,949 shares of common stock for conversion of convertible debts of $459,750 and decrease in derivative value due to conversion of $534,870.
	(a)	Implied interest rate. The note is subject to a one time 12% interest charge unless repaid within 90 days
	(b)	Implied interest rate. The note is subject to a one time 12% interest charge regardless of how long it has been outstanding
	(c)	Original Issue Discount due at maturity of the note
Summary of conversion terms of the notes outstanding	The following table summarizes conversion terms of the notes outstanding at December 31, 2014:
	Lender		Date of Agreement		Conversion Rate			Calculation Period		Eligible for Conversion
	JMJ Financial		April 15, September 3 and October 27, 2014		Lesser of $0.06 or 60%			25 trading days prior to conversion		180 after the effective dates
	KBM Worldwide		April 24, June 26, August 11, September 2, October 23 and December 23, 2014			61%		10 trading days prior to conversion		180 after the effective dates
	Redwood Fund III		May 15, and November 11, 2014			55%		20 trading days prior to conversion		180 after the effective date
	Vista Capital Investments		June 16 and August 26, 2014		Lesser of $0.075 or 60%			25 trading days prior to conversion		180 after the effective dates
	Tonaquint, Inc		July 10 and October 7, 2014			65%		25 trading days prior to conversion		180 after the effective date
	Union Capital		16-Jul-14			55%		20 trading days prior to conversion		180 after the effective date
	Iconic Holding, LLC		16-Jul-14		Lesser of $0.085 or 60%			20 trading days prior to conversion		180 after the effective date
	Auctus Private		29-Jul-14			55%		25 trading days prior to conversion		180 after the effective date
	JSJ Investments		8-Sep-14			60%		20 trading days prior to conversion		180 after the effective date
	Macallan Partners, LLC		9-Sep-14			55%		20 trading days prior to conversion		180 after the effective date
	LG Capital #2		23-Oct-14			60%		20 trading days prior to conversion		180 after the effective date
	Cardinal Capital Group		6-Nov-14		Lesser of $0.05 or 60%			25 trading days prior to conversion		180 after the effective dates
Deferred origination costs related to the convertible notes	As of December 31, 2014, Company recorded the following deferred origination costs related to the convertible notes:
	Lender		Date of			Transaction Costs				Deferred Debt			Legal and Other Debt Origination Costs			Initial Deferred Origination Costs			Amortization (c)			Net Deferred
			Agreement							Origination												Debt Origination
										Costs Due at												Costs
										Maturity (b)
	JMJ Financial		4/15/2014			$	10,000			$	11,111		$	-		$	21,111		$	18,461		$	2,650
	KBM Worldwide		6/26/2014				5,000				-			3,000			8,000			534			7,466
	Redwood Fund III		5/15/2014				10,000				-			-			10,000			5,104			4,896
	Vista Capital Investments		6/16/2014				5,000				5,556			-			10,556			1,308			9,248
	Various		(a)	Various			-				-			41,400			41,400			7,831			33,569
	Tonaquint, Inc		7/10/2014				10,000				-			15,000			25,000			2,353			22,647
	Union Capital		7/16/2014				-				-			4,500			4,500			-			4,500
	Iconic Holding, LLC		7/16/2014				6,750				-			7,500			14,250			-			14250
	Auctus Private		7/29/2014				5,250				-			6,250			11,500			2,973			8,527
	KBM Worldwide		8/11/2014				5,000				-			3,000			8,000			2,521			5,479
	Vista Capital Investments		8/26/2014				2,500				2,777			-			5,277			-			5,277
	KBM Worldwide		9/2/2014				4,500				-			2,500			7,000			2,466			4,534
	JMJ Financial		9/3/2014				5,000				5,556			-			10,556			1,256			9,300
	JSJ Investments		9/8/2014				10,000				-			2,000			12,000			-			12,000
	Macallan Partners, LLC		9/9/2014				-				-			12,000			12,000			-			12,000
	Tonaquint, Inc #2		10/7/2014				5,000				-			5,000			10,000			573			9,427
	Tonaquint, Inc #3		10/7/2014				5,000				-			5,000			10,000			573			9,427
	JMJ Financial #3		10/22/2014				5,000				-			-			5,000			-			5,000
	KBM Worldwide #5		10/23/2014				7,500				-			3,500			11,000			1,890			9,110
	LG Capital		10/23/2014				5,000				-			2,500			7,500			4,486			3,014
	Cardinal Capital Group		11/6/2014				5,000				-			5,000			10,000			112			9,888
	KBM Worldwide #6		12/8/2014				5,000				-			3,500			8,500			420			8,080
						$	116,500			$	25,000		$	121,650		$	263,150		$	52,861		$	210,289
		(a)	An aggregate of lesser deferred debt origination costs
		(b)	Original Issue Discount due at maturity of the note
		(c)	Charged to the period's interest expense
		(d)	At December 31, 2014, Net Deferred Origination Costs in the amount of $36,363 had remaining useful lives exceeding twelve months, and were accordingly classified as long term.

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Decrease in stockholders' equity in accumulated other comprehensive income	($219,363)	($81,006)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value	-114,674	0
Warrant [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Change in fair market value of derivative liabilities	114,674
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at September 30, 2014	1,021,942
Increase (Decrease) in derivative value	532,188
Balance at December 31, 2014	1,164,618
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member] | Common Stock [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value	-534,870
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member] | Warrant [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Change in fair market value of derivative liabilities	-5,862
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member] | Convertible Notes [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value	260,032
Change in fair market value of derivative liabilities	($108,812)

OIL_AND_GAS_CONCESSIONS_Detail

OIL AND GAS CONCESSIONS (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Sep. 30, 2014
Analysis of cost of oil and gas concessions [Abstract]
Oil and gas concessions	$6,036,050	$6,006,235
DRSTP Concession [Member]
Analysis of cost of oil and gas concessions [Abstract]
Oil and gas concessions	3,113,795	3,113,795
Chad Concession [Member]
Analysis of cost of oil and gas concessions [Abstract]
Oil and gas concessions	2,827,615	2,800,600
Kenya Concession [Member]
Analysis of cost of oil and gas concessions [Abstract]
Oil and gas concessions	0	0
Interest transferred and assigned (in hundredths)	55.00%
Gain on sale of partial interest on sale of concessions	239,515
Pending Concessions in Other African Countries [Member]
Analysis of cost of oil and gas concessions [Abstract]
Oil and gas concessions	$94,640	$91,840

CONVERTIBLE_DEBT_Details

CONVERTIBLE DEBT (Details) (USD $)	3 Months Ended
	Dec. 31, 2014		Dec. 31, 2013	Sep. 30, 2014
Convertible debt outstanding [Line Items]
Face value	$1,226,640
Accrued Interest	53,909
Discount	803,750	[1]
Deferred Debt Origination Costs Due at Maturity	25,000	[2]
Net Convertible Note Payable	501,799
Note Derivative Liability	1,164,582
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	116,500
Deferred Debt Origination Costs Due at Maturity	25,000	[2]
Legal and Other Debt Origination Costs	121,650
Initial Deferred Origination Costs	263,150
Amortization	52,861	[3]
Net Deferred Debt Origination Costs	210,289
Implied interest rate (in hundredths)	12.00%
Charge repaid duration	P90D
Deferred debt origination cost - long term	36,363			43,755
Value of shares issued for convertible debt upon conversion	459,750
Stock Issued During Period, Shares, Conversion of Convertible Securities	57,204,949
Decrease in derivative value due to conversion	-534,870		0
JMJ Financial [Member]
Deferred origination costs related to the convertible notes [Abstract]
Conversion price (in dollars per share)	$0.06
Conversion price (in hundredths)	60.00%
Trading days	25 trading days prior to conversion
Calculation period	25 days
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
JMJ Financial 1 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	15-Apr-14
Term (Months)	24 months
Annual Interest Rate	5.83%	[4]
Face value	14,890
Accrued Interest	1,342
Discount	13,062	[1]
Deferred Debt Origination Costs Due at Maturity	11,111	[2]
Net Convertible Note Payable	14,281
Note Derivative Liability	26,830
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	10,000
Deferred Debt Origination Costs Due at Maturity	11,111	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	21,111
Amortization	18,461	[3]
Net Deferred Debt Origination Costs	2,650
KBM World wide [Member]
Deferred origination costs related to the convertible notes [Abstract]
Conversion price (in hundredths)	61.00%
Trading days	10 trading days prior to conversion
Calculation period	10 days
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
KBM World wide 2 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	26-Jun-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	53,000
Accrued Interest	2,091
Discount	55,091	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	0
Note Derivative Liability	86,237
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	3,000
Initial Deferred Origination Costs	8,000
Amortization	534	[3]
Net Deferred Debt Origination Costs	7,466
Redwood Fund III [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	15-May-14
Term (Months)	18 months
Annual Interest Rate	7.85%	[5]
Face value	40,000
Accrued Interest	5,918
Discount	45,918	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	0
Note Derivative Liability	63,046
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	10,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	10,000
Amortization	5,104	[3]
Net Deferred Debt Origination Costs	4,896
Conversion price (in hundredths)	55.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Vista Capital Investments [Member]
Deferred origination costs related to the convertible notes [Abstract]
Conversion price (in dollars per share)	$0.08
Conversion price (in hundredths)	60.00%
Trading days	25 trading days prior to conversion
Calculation period	25 days
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
Vista Capital Investments 1 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	16-Jun-14
Term (Months)	24 months
Annual Interest Rate	5.83%	[5]
Face value	50,000
Accrued Interest	6,791
Discount	42,412	[1]
Deferred Debt Origination Costs Due at Maturity	5,556	[2]
Net Convertible Note Payable	19,935
Note Derivative Liability	56,586
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	5,556	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	10,556
Amortization	1,308	[3]
Net Deferred Debt Origination Costs	9,248
Various [Member]
Convertible debt outstanding [Line Items]
Deferred Debt Origination Costs Due at Maturity	0	[2],[6]
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	0	[6]
Deferred Debt Origination Costs Due at Maturity	0	[2],[6]
Legal and Other Debt Origination Costs	41,400	[6]
Initial Deferred Origination Costs	41,400	[6]
Amortization	7,831	[3],[6]
Net Deferred Debt Origination Costs	33,569	[6]
Tonaquint, Inc [Member]
Deferred origination costs related to the convertible notes [Abstract]
Conversion price (in hundredths)	65.00%
Trading days	25 trading days prior to conversion
Calculation period	25 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Tonaquint Inc 1 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	10-Jul-14
Term (Months)	12 months
Annual Interest Rate	12.00%
Face value	115,000
Accrued Interest	6,579
Discount	93,510	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	28,069
Note Derivative Liability	150,283
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	10,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	15,000
Initial Deferred Origination Costs	25,000
Amortization	2,353	[3]
Net Deferred Debt Origination Costs	22,647
Union Capital [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	16-Jul-14
Term (Months)	12 months
Annual Interest Rate	8.00%
Face value	30,000
Accrued Interest	3,027
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	33,027
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	0
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	4,500
Initial Deferred Origination Costs	4,500
Amortization	0	[3]
Net Deferred Debt Origination Costs	4,500
Conversion price (in hundredths)	55.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Iconic Holdings, LLC [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	16-Jul-14
Term (Months)	12 months
Annual Interest Rate	10.00%
Face value	75,000
Accrued Interest	3,452
Discount	62,574	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	15,878
Note Derivative Liability	63,076
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	6,750
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	7,500
Initial Deferred Origination Costs	14,250
Amortization	0	[3]
Net Deferred Debt Origination Costs	14,250
Conversion price (in dollars per share)	$0.09
Conversion price (in hundredths)	60.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Auctus Private [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	29-Jul-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	58,750
Accrued Interest	1,772
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	60,522
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,250
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	6,250
Initial Deferred Origination Costs	11,500
Amortization	2,973	[3]
Net Deferred Debt Origination Costs	8,527
Trading days	25 trading days prior to conversion
Calculation period	25 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
KBM World wide 3 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	15-Aug-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	53,000
Accrued Interest	2,137
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	55,137
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	3,000
Initial Deferred Origination Costs	8,000
Amortization	2,521	[3]
Net Deferred Debt Origination Costs	5,479
Vista Capital Investments 2 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	26-Aug-14
Term (Months)	24 months
Annual Interest Rate	5.83%
Face value	25,000
Accrued Interest	254
Discount	27,339	[1]
Deferred Debt Origination Costs Due at Maturity	2,777	[2]
Net Convertible Note Payable	692
Note Derivative Liability	26,064
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	2,500
Deferred Debt Origination Costs Due at Maturity	2,777	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	5,277
Amortization	0	[3]
Net Deferred Debt Origination Costs	5,277
KBM World wide 4 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	2-Sep-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	47,500
Accrued Interest	2,666
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	50,166
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	4,500
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	2,500
Initial Deferred Origination Costs	7,000
Amortization	2,466	[3]
Net Deferred Debt Origination Costs	4,534
JMJ Financial 2 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	3-Sep-14
Term (Months)	24 months
Annual Interest Rate	5.83%
Face value	50,000
Accrued Interest	475
Discount	46,844	[1]
Deferred Debt Origination Costs Due at Maturity	5,556	[2]
Net Convertible Note Payable	9,187
Note Derivative Liability	54,231
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	5,556	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	10,556
Amortization	1,256	[3]
Net Deferred Debt Origination Costs	9,300
JSJ Investments [Member]
Deferred origination costs related to the convertible notes [Abstract]
Conversion price (in hundredths)	60.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
JSJ Investments 2 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	8-Sep-14
Term (Months)	6 months
Annual Interest Rate	12.00%
Face value	100,000
Accrued Interest	6,411
Discount	64,990	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	41,421
Note Derivative Liability	189,882
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	10,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	2,000
Initial Deferred Origination Costs	12,000
Amortization	0	[3]
Net Deferred Debt Origination Costs	12,000
Macallan Partners, LLC [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	9-Sep-14
Term (Months)	12 months
Annual Interest Rate	10.00%
Face value	120,000
Accrued Interest	3,715
Discount	106,411	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	17,304
Note Derivative Liability	112,502
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	0
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	12,000
Initial Deferred Origination Costs	12,000
Amortization	0	[3]
Net Deferred Debt Origination Costs	12,000
Conversion price (in hundredths)	55.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Tonaquint, Inc 2 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	7-Oct-14
Term (Months)	12 months
Annual Interest Rate	12.00%
Face value	55,000
Accrued Interest	1,537
Discount	49,833	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	6,704
Note Derivative Liability	76,964
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	5,000
Initial Deferred Origination Costs	10,000
Amortization	573	[3]
Net Deferred Debt Origination Costs	9,427
Tonaquint, Inc 3 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	7-Oct-14
Term (Months)	12 months
Annual Interest Rate	12.00%
Face value	55,000
Accrued Interest	1,537
Discount	49,833	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	6,704
Note Derivative Liability	76,964
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	5,000
Initial Deferred Origination Costs	10,000
Amortization	573	[3]
Net Deferred Debt Origination Costs	9,427
JMJ Financial 3 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	22-Oct-14
Term (Months)	24 months
Annual Interest Rate	5.83%
Face value	50,000
Accrued Interest	280
Discount	47,446	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	2,834
Note Derivative Liability	53,336
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	0
Initial Deferred Origination Costs	5,000
Amortization	0	[3]
Net Deferred Debt Origination Costs	5,000
KBM World wide 5 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	23-Oct-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	78,500
Accrued Interest	1,583
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	80,083
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	7,500
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	3,500
Initial Deferred Origination Costs	11,000
Amortization	1,890	[3]
Net Deferred Debt Origination Costs	9,110
LG Capital [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	23-Oct-14
Term (Months)	12 months
Annual Interest Rate	8.00%
Face value	52,500
Accrued Interest	1,530
Discount	50,584	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	3,446
Note Derivative Liability	75,446
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	2,500
Initial Deferred Origination Costs	7,500
Amortization	4,486	[3]
Net Deferred Debt Origination Costs	3,014
Conversion price (in hundredths)	60.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Cardinal Capital Group [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	6-Nov-14
Term (Months)	24 months
Annual Interest Rate	12.00%
Face value	50,000
Accrued Interest	452
Discount	47,903	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	2,549
Note Derivative Liability	53,135
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	5,000
Initial Deferred Origination Costs	10,000
Amortization	112	[3]
Net Deferred Debt Origination Costs	9,888
Conversion price (in dollars per share)	$0.05
Conversion price (in hundredths)	60.00%
Trading days	25 trading days prior to conversion
Calculation period	25 days
Eligible for Conversion	180 after the effective date s
Eligible period for conversion	180 days
KBM World wide 6 [Member]
Convertible debt outstanding [Line Items]
Date of Agreement	8-Dec-14
Term (Months)	9 months
Annual Interest Rate	8.00%
Face value	53,500
Accrued Interest	360
Discount	0	[1]
Deferred Debt Origination Costs Due at Maturity	0	[2]
Net Convertible Note Payable	53,860
Note Derivative Liability	0
Deferred origination costs related to the convertible notes [Abstract]
Transaction Costs	5,000
Deferred Debt Origination Costs Due at Maturity	0	[2]
Legal and Other Debt Origination Costs	3,500
Initial Deferred Origination Costs	8,500
Amortization	420	[3]
Net Deferred Debt Origination Costs	$8,080
[1]	Original Issue Discount due at maturity of the note
[2]	Original Issue Discount due at maturity of the note.
[3]	Charged to the period's interest expense.
[4]	Implied interest rate. The note is subject to a one time 12% interest charge unless repaid within 90 days
[5]	Implied interest rate. The note is subject to a one time 12% interest charge regardless of how long it has been outstanding
[6]	Funds received in July 2014, but accrued at June 30, 2014 due to the terms of the note payable agreement

DERIVATIVE_LIABILITIES_Details

DERIVATIVE LIABILITIES (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Derivative [Line Items]
Fair value of the derivatives	$1,164,582
Embedded Derivative, Loss on Embedded Derivative	532,188	0
Convertible Notes [Member]
Derivative [Line Items]
Initial percentage of event of default (in hundredths)	0.00%
Increasing percentage of event of default (in hundredths)	1.00%
Maximum percentage of event of default (in hundredths)	10.00%
Initial percentage of redemption of notes (in hundredths)	0.00%
Increasing percentage of redemption of notes (in hundredths)	1.00%
Maximum percentage of redemption of notes (in hundredths)	5.00%
Multiplier of conversion price to convert notes, maximum	2
Conversion period one to convert notes	0 days
Conversion period two to convert notes	90 days
Conversion period three to convert notes	180 days
Convertible Notes [Member] | Minimum [Member]
Derivative [Line Items]
Percentage of conversion of notes specified on market price (in hundredths)	40.00%
Percentage of projected volatility curve (in hundredths)	101.00%
Convertible Notes [Member] | Maximum [Member]
Derivative [Line Items]
Percentage of conversion of notes specified on market price (in hundredths)	60.00%
Percentage of projected volatility curve (in hundredths)	108.00%
Warrants [Member]
Derivative [Line Items]
Warrant exercise price one (in dollars per share)	$0.36
Warrant exercise price two (in dollars per share)	$0.28
Warrant exercise price three (in dollars per share)	$0.28
Fair value of the derivatives	1,164,618
Loss on change in fair value of derivative liabilities	114,674
Multiplier of higher of the projected reset price or stock price to calculate warrant exercise price	2
Embedded Derivative, Loss on Embedded Derivative	$532,188
Warrants [Member] | Minimum [Member]
Derivative [Line Items]
Percentage of projected volatility curve (in hundredths)	101.00%
Warrants [Member] | Maximum [Member]
Derivative [Line Items]
Percentage of projected volatility curve (in hundredths)	103.00%

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	3 Months Ended
	Dec. 31, 2014
STOCKHOLDERS' EQUITY [Abstract]
Share-based compensation expense	$8,400
Shares granted (in shares)	4,150,000
Weighted average remaining contractual term	6 days
Intrinsic value	0
Unamortized compensation cost	0
Stock Warrants [Line Items]
Warrants price intrinsic value	0
Stock Issued During Period, Shares, Conversion of Convertible Securities	57,204,949
Convertible Debt, Fair Value Disclosures	$994,619
Warrants [Member]
Stock Warrants [Line Items]
Granted (in shares)	0
Exercised (in shares)	0
Expired or cancelled (in shares)	0
Balance at end of period (in shares)	7,277,729
Weighted average exercise price (in dollars per share)	$0.32
Remaining term of warrants	1 year

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Loss Contingencies [Line Items]
Exploration Expense	$445,988	$173,819
Kenya Concession [Member]
Loss Contingencies [Line Items]
Transfer of interest in Kenya Block 11A to the Kenya farm-out partner (in hundredths)		55.00%
Annual training fees	175,000
Training fees from adoption of first development plan	200,000
Commitment to social projects	50,000
Surface Rentals	$5/km2 per annum (exploration phase 1); $10/km2 per annum (exploration phase 2); $15/km2 per annum (exploration phase 3)
Chad Concession [Member]
Loss Contingencies [Line Items]
Annual training fees	250,000
Training fees from adoption of first development plan	500,000
Surface Rentals	$1/km2 per annum (Exploration Phase 1); $5/ km2 per annum (Exploration Phase 2); $10// km2 per annum (Extension), $100/ km2 per annum (Exploitation Phase 1); $150/ km2 per annum (Exploitation Phase 1)
Number of blocks relinquished under production sharing contract		2
Number of blocks under production sharing contract		3
Signature bonus commitment paid or incurred		2,000,000
Signature bonus commitment		6,000,000
Professional fees	320,600
Legal fees	480,000
Environmental cost	190,872
Aeromagnetic cost	385,500
Exploration cost	250,000
Exploration cost one	500,000
Chad Concession [Member] | Exploration Phase 1 [Member]
Loss Contingencies [Line Items]
Exploration Expense	1
Chad Concession [Member] | Exploration Phase 2 [Member]
Loss Contingencies [Line Items]
Exploration Expense	5
Chad Concession [Member] | Extension [Member]
Loss Contingencies [Line Items]
Exploration Expense	10
Chad Concession [Member] | Exploitation Phase 1 [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Exploration Expense	100
Chad Concession [Member] | Exploitation Phase 1 [Member] | Maximum [Member]
Loss Contingencies [Line Items]
Exploration Expense	$150

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details)	Dec. 31, 2014
JDZ 5 [Member]
Subsequent Event [Line Items]
Working interest awarded in mining concessions (in hundredths)	15.00%
JDZ 6 [Member]
Subsequent Event [Line Items]
Working interest awarded in mining concessions (in hundredths)	15.00%