Quarterly report pursuant to Section 13 or 15(d)

NOTE 9. ASSET ACQUISITIONS (Tables)

v3.8.0.1
NOTE 9. ASSET ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block]
The table below represents the proforma financial statement showing the effects of the combined entity for the periods presented above:

 
  
Three Months Ended
September 30, 2017
    
Three Months Ended
September 30, 2016
    
Nine Months Ended
September 30, 2017
    
Nine Months Ended
September 30, 2016
  
Oil and gas sales
  
$
40,632
    
$
29,789
    
$
121,584
    
$
333,577
  
 
                                
Net Loss
  
$
(1,063,375
)
  
$
(678,407
)
  
$
(2,796,890
)
  
$
(1,457,436
)
                                 
Loss per share (basic and fully diluted)
  
$ 
(0.01
)
  
$ 
(0.01
)
  
$ 
(0.03
)
  
$ 
(0.02
)