Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS& EQUITY (DEFICIT)

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CONSOLIDATED STATEMENT OF STOCKHOLDERS& EQUITY (DEFICIT) (USD $)
Common Stock Shares
Common Stock Amount
Additional Paid-In Capital
Accumulated Deficit
Stockholders' Equity (Deficit)
Balance at May. 01, 2011          
Capital contributions from shareholders of available-for-sale securities 0 0 40,000 0 40,000
Capital contributions from shareholders 0 0 50,000 0 50,000
Capital distributions to shareholders 0 0 (150,000) 0 (150,000)
Net loss $ 0 $ 0 $ 0 $ 101,641 $ 101,641
Balance at Sep. 30, 2011 6,250,000 6,250 139,750 101,641 247,641
Balance at Dec. 31, 2011 3,440,000 3,440 204,585 (4,314,535) (4,106,510)
Net loss $ 0 $ 0 $ 0 $ (1,803,104) $ (1,803,104)
Share-based compensation 0 0 707,090 0 707,090
Common stock issued to purchase Ring Energy, Inc. 6,579,808 6,580 13,088,789 0 13,095,369
Common stock issued for cash 2,821,202 2,821 11,543,162 0 11,545,983
Common stock issued in property acquisition 152,778 153 687,348 0 687,501
Balance at Sep. 30, 2012 12,993,788 12,994 26,230,974 (6,117,639) 20,126,329