NOTE 14. SUBSEQUENT EVENTS (Details) - Twin Lakes San Andres Unit Interest Acquisition [Member - USD ($) |
Feb. 12, 2017 |
Sep. 01, 2016 |
Aug. 28, 2016 |
Nov. 04, 2015 |
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NOTE 14. SUBSEQUENT EVENTS (Details) [Line Items] | ||||
Additional working interest acquired | 25.00% | |||
Equity Method Investment, Ownership Percentage | 40.00% | |||
Value of consideration given for working interest | $ 392,252 | $ 4,000,000 | ||
$ 146,875 | ||||
Subsequent Event [Member] | ||||
NOTE 14. SUBSEQUENT EVENTS (Details) [Line Items] | ||||
Additional working interest acquired | 60.00% | |||
Equity Method Investment, Ownership Percentage | 100.00% | |||
Value of consideration given for working interest | $ 639,675 | |||
Forgiveness of note | 316,800 | |||
1.3 | ||||
$ 116,700 |
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- References No definition available.
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- Definition Percent of a working interest owned. No definition available.
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- Definition Amount of direct write-downs of accounts receivable charged against the allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Gross amount of debt extinguished. No definition available.
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- Details
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- Details
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