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NOTE 4. RELATED PARTY TRANSACTIONS
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3 Months Ended |
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Mar. 31, 2013
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| Related Party Transactions Disclosure [Text Block] |
NOTE
4. RELATED PARTY TRANSACTIONS
At
March 31, 2013 the Company had accounts payable –
related-party of $3,561. This amount constitutes the net
payment due to RTO Operating, LLC for its services as the
operator of the Company’s wells during March
2013.
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- Definition
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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