Error: Failed to create stream factory class oracle.ide.net.IdeWrapperURLStreamHandlerFactory
[Waiting for the domain to finish building...]
[02:57:43 PM] Creating Integrated Weblogic domain...
[02:58:33 PM] Extending Integrated Weblogic domain...
[02:59:13 PM] Integrated Weblogic domain processing completed successfully.
*** Using port 7101 ***
[waiting for the server to complete its initialization...]
\Java\jre7\lib was unexpected at this time.
You somehow run wls on win7 which causes this error. Normally wls runs using the jdk bundled with jdev (jdk160_24).
Check your classpath and see if the jdk 7 is set before the jdk160_24. If this is truechange the order.