Statement of Cash Flows (USD $)	9 Months Ended		92 Months Ended
Statement of Cash Flows (USD $)	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Loss	$ (210,108)	$ (465,977)	$ (5,630,455)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:
Depreciation	0	487	4,561
Amortization of Deferred Financing Costs	0	0	66,500
Impairment of Unproved Interest	0	213,937	3,443,850
Loss on Sales of Unproved Interest, net	0	0	153,130
Gain on Forgiveness of Debt	0	(62,396)	(968,646)
Non-Cash Payment of Compensation	11,000	0	521,500
Advances to Operators, Receivables and Prepaids	12,782	(71,175)	(145,297)
Accounts Payable and Accrued Liabilities	(61,976)	(160,027)	137,212
Other Liabilities	0	0	55,202
Net Cash Used in Operating Activities	(248,302)	(545,151)	(2,362,443)
CASH FLOWS FROM INVESTING ACTIVITIES:
Unproved Interests	0	28,528	(3,448,099)
Disposition of Unproved Interests	0	1,484,922	2,344,822
Acquisition, Net of Cash Acquired	0	0	401,056
Loans to Affiliated Company	0	0	(2,750,000)
Net Cash Provided by (Used in) Investing Activities	0	1,513,450	(3,452,221)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuance of Common Stock	0	0	3,900,500
Advances from Shareholder	0	0	200,000
Shareholder Loan	0	0	25,000
Repayments of Advances from Shareholder	0	0	(199,700)
Proceeds from Convertible Debt	0	0	1,900,000
Deferred Financing Costs	0	0	(91,500)
Proceeds from Advances	0	0	1,190,000
Repayment of Note Payable	0	(600,000)	(1,050,000)
Net Cash Provided by (Used in) Financing Activities	0	(600,000)	5,874,300
Effect of Exchange Rate on Cash	0	1,205	(4,701)
Increase (Decrease) In Cash During The Period	(248,302)	369,504	54,935
Cash, Beginning Of Period	303,237	24,422	0
Cash, End Of Period	54,935	393,926	54,935
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash Paid for Interest	0	0	0
Cash Paid for Taxes	0	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Shareholder Loans Contributed to Capital	0	0	25,300
Acquisition of PetroSouth Energy Corp BVI: Issuance of 5,653,333 Shares of Common Stock	0	0	2,011,876
Forgiveness of Demand Loans Receivable from Affiliated Company	$ 0	$ 0	$ 2,750,000

WEST CANYON ENERGY CORP. 10-Q