Quarterly report pursuant to Section 13 or 15(d)

NOTE 8. BUSINESS SEGMENTS (Tables)

v3.7.0.1
NOTE 8. BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
 
Three months ended March 31, 2017
   
Three months ended March 31, 2016
 
Revenues
           
  Oil & Gas
 
$
33,560
   
$
22,999
 
  Oil field services
   
-
     
180,000
 
     
-
     
-
 
Net Income (Loss)
               
  Oil & Gas
   
(459,222
)
   
(451,642
)
  Oil field services
   
(4,048
)
   
149,700
 
                 
Assets
               
  Oil & Gas
   
13,057,078
     
4,140,901
 
  Oil field services
   
181,593
     
116,561
 
                 
Accounts Receivable
               
  Oil & Gas
   
48,201
     
67,682
 
  Oil field services
 
$
-
   
$
-