RELATED PARTY TRANSACTIONS (Details Narrative 2) - Subsequent Event [Member] |
Jun. 29, 2018
USD ($)
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Jun. 29, 2018
CAD ($)
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May 09, 2018
USD ($)
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Bow Energy Ltd [Member] | Amended and Restated Loan Agreement [Member] | |||
Interest rate | 12.00% | ||
Default interest rate | 19.00% | ||
Debt amount | $ 1,530,000 | ||
Maturity date | May 11, 2021 | ||
Principal payment extension requirement (percent) | 25.00% | ||
Blue Sky Resources Ltd [Member] | Fields [Member] | |||
Acquisition of working interest | $ 1,089,150 | ||
Cash payment for working interest acquired | 779,478 | ||
Issuance of promissory note for working interest acquired | $ 314,912 | ||
Blue Sky Resources Ltd [Member] | Fields [Member] | Canada, Dollars | |||
Acquisition of working interest | $ 1,428,581 | ||
Cash payment for working interest acquired | 1,022,400 | ||
Issuance of promissory note for working interest acquired | $ 406,181 |
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- Definition The amount of consideration in acquisition of working interest. No definition available.
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- Definition The interest of debt after loan default. No definition available.
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- Definition The fair value of notes issued in acquisition of working interest. No definition available.
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- Definition Percent of principal amount of the loan required to be repaid at the time of extension to extend the maturity date under loan agreement. No definition available.
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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 Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of a controlling interest in another entity or an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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