Evaluated Properties (Details Narrative) - NOACK [Member] - USD ($) |
9 Months Ended | |||||
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Apr. 15, 2019 |
Nov. 01, 2018 |
Sep. 30, 2019 |
Aug. 15, 2019 |
Aug. 06, 2019 |
Dec. 31, 2018 |
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Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] | ||||||
Business Acquisition [Line Items] | ||||||
Proceeds from NOACK sale | $ 375,000 | |||||
Deposit | 380,000 | $ 20,000 | ||||
Receivable for the sale | 25,000 | |||||
Purchase of asset | $ 400,000 | |||||
Gain on sale of properties | $ 400,000 | |||||
Crossroads Petroleum L.L.C. [Member] | ||||||
Business Acquisition [Line Items] | ||||||
Leasehold net revenue interest, percentage | 83.00% | |||||
Percentage of working interest acquired | 100.00% | |||||
Proceeds from NOACK sale | $ 375,000 | |||||
Deposit | $ 260,000 | $ 115,000 | ||||
Receivable for the sale | $ 120,000 | |||||
Payments for previous acquisitions forfeited | $ 255,000 |
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- Definition Leasehold net revenue interest, percentage. No definition available.
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- Definition Amount of decrease from sale of accounts receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of indemnification asset recognized at acquisition date in asset acquisition. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Percentage of equity in the acquiree held by the acquirer immediately before the acquisition date in a business combination. No definition available.
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- Definition The aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Cash outflow representing an adjustment to the purchase price of a previous acquisition. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The cash inflow from disposal of asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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