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NOTE 6. SUBSEQUENT EVENTS
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3 Months Ended |
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Mar. 31, 2014
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| Subsequent Events [Abstract] | |
| Subsequent Events [Text Block] |
NOTE 6. SUBSEQUENT EVENTS
Between April 1, 2014 and May 13, 2014 the Company sold 416,675 shares to private investors as part of the private placement detailed in the 8-K filed on February 14, 2014. The shares were all purchased at a price of $0.30 per share and include warrants to purchase additional shares (one-for-one) at $0.75 any time before August 5, 2019.
In April 2014 the Company completed three wells that were drilled as of March 31, 2014.
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