NOTE 8. ASSET ACQUISITIONS (Details) - Business Acquisition, Pro Forma Information - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
NOTE 8. ASSET ACQUISITIONS (Details) - Business Acquisition, Pro Forma Information [Line Items] | ||||
Oil and gas sales | $ 21,863 | $ 34,689 | $ 79,156 | $ 162,848 |
Operating expenses | ||||
Lease operating expense | 47,621 | 45,368 | 155,424 | 179,422 |
Cost of equipment sold | 0 | 0 | 33,330 | 0 |
Production tax | 1,074 | 1,447 | 3,846 | 7,364 |
G&A expenses | 508,329 | 122,203 | 1,139,432 | 365,686 |
DD&A | 15,764 | 19,727 | 50,964 | 78,937 |
ARO | 8,199 | 8,733 | 21,232 | 8,733 |
Impair O&G Properties | 0 | 0 | 0 | 668,073 |
Total operating expenses | 580,987 | 197,478 | 1,404,228 | 1,308,215 |
Loss from operations | (559,124) | (162,789) | (1,127,072) | (1,145,367) |
Loss on conversion of debt | 0 | 0 | 0 | (69,107) |
Interest (expense) | (53,811) | (49,851) | (211,288) | (137,881) |
Net loss | (596,550) | (202,640) | (1,301,351) | (1,333,871) |
Pro Forma [Member] | ||||
NOTE 8. ASSET ACQUISITIONS (Details) - Business Acquisition, Pro Forma Information [Line Items] | ||||
Oil and gas sales | 40,666 | 46,452 | 339,314 | 198,137 |
Operating expenses | ||||
Lease operating expense | 101,347 | 63,672 | 455,714 | 234,333 |
Cost of equipment sold | 33,330 | |||
Production tax | 2,429 | 2,294 | 8,324 | 9,905 |
G&A expenses | 508,329 | 122,203 | 1,139,432 | 365,686 |
DD&A | 15,764 | 19,727 | 50,964 | 78,937 |
ARO | 8,199 | 8,733 | 21,232 | 8,733 |
Impair O&G Properties | 0 | 668,073 | ||
Total operating expenses | 636,068 | 216,629 | 1,708,996 | 1,365,667 |
Loss from operations | (595,402) | (170,177) | (1,369,682) | (1,167,530) |
Loss on conversion of debt | 0 | 0 | (14,336) | (69,107) |
Other Income | 16,385 | 10,000 | 51,345 | 18,484 |
Interest (expense) | (53,811) | (49,851) | (211,288) | (137,881) |
Net loss | (632,828) | (210,028) | (1,543,961) | (1,356,034) |
Parent Company [Member] | ||||
NOTE 8. ASSET ACQUISITIONS (Details) - Business Acquisition, Pro Forma Information [Line Items] | ||||
Oil and gas sales | 21,863 | 34,689 | 277,156 | 162,848 |
Operating expenses | ||||
Lease operating expense | 47,621 | 45,368 | 155,424 | 179,422 |
Cost of equipment sold | 33,330 | 0 | ||
Production tax | 1,074 | 1,447 | 3,846 | 7,364 |
G&A expenses | 508,329 | 122,203 | 1,139,432 | 365,686 |
DD&A | 15,764 | 19,727 | 50,964 | 78,937 |
ARO | 8,199 | 8,733 | 21,232 | 8,733 |
Impair O&G Properties | 0 | 668,073 | ||
Total operating expenses | 580,987 | 197,478 | 1,404,228 | 1,308,215 |
Loss from operations | (559,124) | (162,789) | (1,127,072) | (1,145,367) |
Loss on conversion of debt | 0 | 0 | (14,336) | (69,107) |
Other Income | 16,385 | 10,000 | 51,345 | 18,484 |
Interest (expense) | (53,811) | (49,851) | (211,288) | (137,881) |
Net loss | (596,550) | (202,640) | (1,301,351) | (1,333,871) |
SUDs [Member] | ||||
NOTE 8. ASSET ACQUISITIONS (Details) - Business Acquisition, Pro Forma Information [Line Items] | ||||
Oil and gas sales | 18,803 | 11,763 | 62,158 | 35,289 |
Operating expenses | ||||
Lease operating expense | 53,726 | 18,304 | 300,290 | 54,911 |
Cost of equipment sold | 0 | 0 | ||
Production tax | 1,355 | 847 | 4,478 | 2,541 |
G&A expenses | 0 | 0 | 0 | 0 |
DD&A | 0 | 0 | 0 | 0 |
ARO | 0 | 0 | 0 | 0 |
Impair O&G Properties | 0 | 0 | ||
Total operating expenses | 55,081 | 19,151 | 304,768 | 57,452 |
Loss from operations | (36,278) | (7,388) | (242,610) | (22,163) |
Loss on conversion of debt | 0 | 0 | 0 | 0 |
Other Income | 0 | 0 | 0 | 0 |
Interest (expense) | 0 | 0 | 0 | 0 |
Net loss | $ (36,278) | $ (7,388) | $ (242,610) | $ (22,163) |