Subsequent Events (Details Narrative)
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9 Months Ended |
12 Months Ended |
22 Months Ended |
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Mar. 30, 2021
USD ($)
$ / shares
shares
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Jan. 29, 2021
USD ($)
shares
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Jan. 11, 2021
USD ($)
$ / shares
shares
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Dec. 15, 2020
USD ($)
$ / shares
shares
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Sep. 02, 2020
USD ($)
$ / shares
shares
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May 29, 2020
a
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Aug. 15, 2019
USD ($)
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Aug. 14, 2019
USD ($)
$ / shares
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Aug. 08, 2019
USD ($)
$ / shares
shares
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Jul. 23, 2019
USD ($)
$ / shares
shares
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Sep. 30, 2019
USD ($)
$ / shares
shares
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Sep. 30, 2018
shares
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Dec. 31, 2019
USD ($)
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May 10, 2021
shares
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Dec. 31, 2018 |
Proceeds from 2nd NOACK sale |
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$ 495,000
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Common Stock [Member] |
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Number of stock issued related to compensation | shares |
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600,000
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Number of common stock issued | shares |
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Private Placements [Member] |
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Warrants exercise price per share | $ / shares |
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$ 0.10
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Number of common stock issued | shares |
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1,875,000
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Gross proceeds from private placement |
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$ 150,000
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Shares issued, price per share | $ / shares |
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$ 0.08
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Joel Oppenheim [Member] |
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Warrants to purchase common stock | shares |
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150,000
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312,500
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Proceeds from exercise of warrants |
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$ 15,000
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Warrants exercise price per share | $ / shares |
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$ 0.10
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Debt forgiveness |
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$ 2,500
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Number of common stock issued | shares |
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1
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Gross proceeds from private placement |
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$ 12,500
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Debt Conversion, Shares | shares |
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156,250
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Shares issued, price per share | $ / shares |
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$ 0.08
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Joel Oppenheim [Member] |
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Proceeds from exercise of warrants |
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$ 1,000
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Warrants exercise price per share | $ / shares |
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$ 0.10
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Debt forgiveness |
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$ 10,000
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Mark Allen [Member] |
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Warrants to purchase common stock | shares |
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1,650,000
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Proceeds from exercise of warrants |
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$ 82,500
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Warrants exercise price per share | $ / shares |
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$ 0.05
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Jovian Petroleum Corporation [Member] |
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Debt instrument, interest rate |
[1] |
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Subsequent Event [Member] |
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Business combination, control obtained description |
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On May 29, 2020, Petrolia Energy Corporation acquired a 50% working interest in approximately 28,000 acres located in the Utikuma Lake area in Alberta, Canada. The property is an oil-weighted asset currently producing approximately 500 bopd of low decline light oil. The working interest was acquired from Blue Sky Resources Ltd. in an affiliated party transaction as Zel C. Khan, the Company's Chief Executive Officer, is related to the ownership of Blue Sky. Blue Sky acquired a 100% working interest in the Canadian Property from Vermilion Energy Inc. via Vermilion's subsidiary Vermilion Resources. The effective date of the acquisition was May 1, 2020.
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Working interest percentage |
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50.00%
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Number of acres | a |
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28,000
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Common stock issued for subscriptions to third parties | shares |
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1,000,641
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Subsequent Event [Member] | Mark Allen [Member] |
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Warrants to purchase common stock | shares |
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5,400,000
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Warrants exercise price per share | $ / shares |
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$ 0.08
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Compensation to be paid |
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$ 30,000
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Warrants expiration term |
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36 months
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Debt maturity date |
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Dec. 15, 2019
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Number of common stock issued | shares |
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333,333
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Shares issued, price per share | $ / shares |
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$ 0.09
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Secured loan |
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$ 270,000
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Debt instrument, conversion price | $ / shares |
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$ 0.05
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Subsequent Event [Member] | Mark Allen [Member] | Common Stock [Member] |
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Debt Conversion, Shares | shares |
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5,400,000
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Subsequent Event [Member] | American Resource Offshore Inc. [Member] |
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Debt principal payment |
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$ 125,000
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Debt instrument, interest rate |
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10.00%
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Debt maturity date |
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Jun. 01, 2020
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Number of common stock issued | shares |
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500,000
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Subsequent Event [Member] | Jovian Petroleum Corporation [Member] | Private Placements [Member] |
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Warrants to purchase common stock | shares |
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312,500
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Warrants exercise price per share | $ / shares |
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$ 0.08
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Number of common stock issued | shares |
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1
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Gross proceeds from private placement |
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$ 12,500
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Debt Conversion, Shares | shares |
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156,250
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Blue Sky Resources Ltd [Member] | Subsequent Event [Member] |
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Working interest percentage |
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100.00%
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Employment Agreement [Member] | Subsequent Event [Member] | Mark Allen [Member] |
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Warrants to purchase common stock | shares |
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1,000,000
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Warrants exercise price per share | $ / shares |
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$ 0.08
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Compensation to be paid |
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$ 90,000
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Description on agreement terms |
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Mr. Allen's contract term is 6 months, with a cash payment of $90,000 in equal monthly installments of $15,000, including an option to extend. In addition, Mr. Allen is due to receive incentive compensation of 2,000,000 shares of common stock (1,000,000 were issued at signing and the remining shares are yet to be issued). He also is to receive 1,000,000 warrants at $0.08 per share that expire in 36 months and vest over a two-year period.
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Warrants expiration term |
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36 months
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Warrants vesting period |
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2 years
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Number of stock issued related to compensation | shares |
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2,000,000
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Executive Salary Payable Agreement [Member] | Subsequent Event [Member] |
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Description on agreement terms |
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All of Mr. Khan's previous salary obligation will be satisfied by the issuance of 1,992,272 shares of the Company, within 15 days of the signed agreement.
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Number of stock issued related to compensation | shares |
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1,992,272
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Settlement and Mutual Release Agreement [Member] | Subsequent Event [Member] | Paul Deputy [Member] |
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Compensation to be paid |
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$ 50,000
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Description on agreement terms |
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In exchange for releasing the Company for any current, outstanding payroll and/or service-related liability at January 29, 2021, the Company agreed to pay Mr. Deputy $50,000, to be paid in $2,500 monthly increments, starting April 1, 2021. In addition, he was to be issued 250,000 shares of Petrolia common stock.
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Number of shares to be issued | shares |
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250,000
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NOACK [Member] | Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] |
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Debt principal payment |
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$ 400,000
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Deposit |
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$ 20,000
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$ 380,000
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Receivable for the sale |
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25,000
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Gain on sale of properties |
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$ 400,000
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NOACK [Member] | Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] | Subsequent Event [Member] |
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Proceeds from 2nd NOACK sale |
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$ 375,000
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Receivable for the sale |
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25,000
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Gain on sale of properties |
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$ 400,000
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