Quarterly report pursuant to Section 13 or 15(d)

NOTE 9. BUSINESS SEGMENTS (Tables)

v3.5.0.2
NOTE 9. BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
 
Three Months Ended
September 30, 2016
   
Three Months Ended
September 30, 2015
   
Nine Months Ended
September 30, 2016
   
Nine Months Ended
September 30, 2015
 
Revenues
                       
  Oil & Gas
 
$
21,863
   
$
34,689
   
$
79,156
   
$
162,848
 
  Oil field services
   
-
     
-
     
198,000
     
-
 
                                 
Net Income (Loss)
                               
  Oil & Gas
   
(37,425
)
   
(202,640
)
   
(1,458,595
)
   
(1,333,870
)
  Oil field services
   
-
     
-
     
180,273
     
-
 
   
September 30, 2016
   
December 31, 2015
                 
Assets
                               
  Oil & Gas
   
12,908,826
     
4,196,016
                 
  Oil field services
   
109,476
     
-
                 
                                 
Accounts Receivable
                               
  Oil & Gas
   
170,689
     
48,633
                 
  Oil field services
 
$
-
   
$
-