Quarterly report pursuant to Section 13 or 15(d)

NOTE 8. BUSINESS SEGMENTS (Tables)

v3.7.0.1
NOTE 8. BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
   
Three Months Ended
June 30, 2017
   
Three Months Ended
June 30, 2016
   
Six Months Ended
June 30, 2017
   
Six Months Ended
June 30, 2016
 
Revenues
                       
  Oil & Gas
 
$
41,831
   
$
34,294
   
$
75,391
   
$
57,293
 
  Oil field services
   
-
     
18,000
     
-
     
198,000
 
                                 
Net Income (Loss)
                               
  Oil & Gas
   
(1,258,099
)
   
(417,829
)
   
(1,717,320
)
   
(869,471
)
  Oil field services
   
(4,048
)
   
14,970
     
(8,096
)
   
164,670
 
                                 
Assets
                               
  Oil & Gas
   
13,320,728
     
4,129,506
     
13,320,728
     
4,129,506
 
  Oil field services
   
177,546
     
113,523
     
177,546
     
113,523
 
                                 
Accounts Receivable
                               
  Oil & Gas
   
16,067
     
117,295
     
16,067
     
117,295
 
  Oil field services
 
$
-
   
$
-
   
$
-
   
$
-