Your log says
java.lang.NoClassDefFoundError: android.support.v7.appcompat.R$styleable
It seems you have not referenced the AppCompat in your android project. From your comments
I have added it in libs folder.
Wrong.
Its a library project. You need to reference AppCompat
in your android project.
Check the topic Adding libraries with resources @
http://developer.android.com/tools/support-library/setup.html