Quarterly report pursuant to Section 13 or 15(d)

NOTE 8. BUSINESS SEGMENTS (Tables)

v3.8.0.1
NOTE 8. BUSINESS SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
 
 
Three Months Ended
September 30, 2017
   
Three Months Ended
September 30, 2016
   
Nine Months Ended
September 30, 2017
   
Nine Months Ended
September 30, 2016
 
Revenues
                       
  Oil & Gas
 
$
40,632
   
$
21,863
   
$
116,024
   
$
79,156
 
  Oil field services
   
-
     
-
     
-
     
198,000
 
 
                               
Net Income (Loss)
                               
  Oil & Gas
   
(1,059,243
)
   
(592,501
)
   
(2,776,563
)
   
(1,481,624
)
  Oil field services
   
(4,132
)
   
(4,048
)
   
(12,228
)
   
180,273
 
 
                               
Assets
                               
  Oil & Gas
   
13,397,430
     
13,018,302
     
13,397,430
     
13,018,302
 
  Oil field services
   
93,600
     
109,476
     
93,600
     
109,476
 
 
                               
Accounts Receivable
                               
  Oil & Gas
   
18,520
     
170,689
     
18,520
     
170,689
 
  Oil field services
 
$
-
   
$
-
   
$
-
   
$
-