Evaluated Properties (Details Narrative) |
12 Months Ended | |||||||||||||||
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Aug. 06, 2019
USD ($)
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Apr. 25, 2019
USD ($)
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Apr. 15, 2019
USD ($)
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Jan. 15, 2019
USD ($)
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Nov. 02, 2018
USD ($)
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Sep. 17, 2018
USD ($)
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Jun. 29, 2018
a
Number
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Jun. 08, 2018
CAD ($)
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Jun. 01, 2018
USD ($)
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Jun. 01, 2018
CAD ($)
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May 09, 2018
USD ($)
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Sep. 29, 2017 |
Dec. 31, 2019
USD ($)
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Dec. 31, 2018
USD ($)
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Sep. 30, 2019
USD ($)
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Aug. 15, 2019
USD ($)
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Business Acquisition [Line Items] | ||||||||||||||||
Percentage of working interest acquired | 3.00% | |||||||||||||||
Proceeds from 2nd NOACK sale | $ 375,000 | |||||||||||||||
Purchase price | 34,607,088 | |||||||||||||||
Cash payment | $ 3,784 | |||||||||||||||
Debt instrument description | The Company entered into a Memorandum of Understanding ("MOU") with Blue Sky. Pursuant to the MOU, the Company acquired an additional 3% working interest in the Canadian Properties, increasing our Working Interest to 28%. Total consideration paid from the Company to Blue Sky for the additional 3% Working Interest was $150,000. | |||||||||||||||
Increased working interest | 28.00% | |||||||||||||||
Acquisition Note [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Debt instrument face amount | $ 750,000 | |||||||||||||||
Debt interest rate | 15.00% | 9.00% | ||||||||||||||
Debt instrument maturity date | Apr. 25, 2021 | Nov. 30, 2018 | ||||||||||||||
Debt instrument description | Extend the maturity date for a period six months with 10 days' notice to Blue Sky, in the event the Company pays 25% of the principal amount of the Acquisition Note at the time of extension. | |||||||||||||||
Undeveloped Land [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Number of acres | a | 21,760 | |||||||||||||||
Blue Sky [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Percentage of working interest acquired | 3.00% | |||||||||||||||
Purchase price | $ 1,096,216 | |||||||||||||||
Cash payment | 782,441 | |||||||||||||||
Debt instrument face amount | 313,775 | |||||||||||||||
Cash payment for working interest acquired | $ 150,000 | |||||||||||||||
Blue Sky [Member] | Acquisition Note [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Debt interest rate | 9.00% | |||||||||||||||
Debt instrument maturity date | Nov. 30, 2018 | |||||||||||||||
Debt instrument description | The Company may, at its sole discretion, extend the maturity date for a period of six months with notice to the lender and payment of 25% of the principal amount. | |||||||||||||||
Blue Sky [Member] | Canadian Dollars [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Percentage of working interest acquired | 80.00% | |||||||||||||||
Purchase price | $ 1,428,581 | |||||||||||||||
Cash payment | $ 1,022,400 | |||||||||||||||
Debt instrument face amount | $ 406,181 | |||||||||||||||
Blue Sky [Member] | Canadian Dollars [Member] | Acquisition Note [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Debt instrument face amount | $ 406,181 | |||||||||||||||
Amended and Restated Loan Agreement [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Cash payment for working interest acquired | $ 1,530,000 | |||||||||||||||
Loan Agreement [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Debt instrument face amount | $ 125,000 | $ 200,000 | $ 200,000 | |||||||||||||
Debt interest rate | 4.00% | 3.50% | 12.00% | 12.00% | ||||||||||||
Debt default percentage | 19.00% | |||||||||||||||
Debt instrument maturity date | Jan. 15, 2020 | Oct. 17, 2019 | May 11, 2021 | May 11, 2021 | Jun. 30, 2021 | |||||||||||
NOACK [Member] | Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Proceeds from 2nd NOACK sale | $ 375,000 | |||||||||||||||
Deposit | $ 380,000 | $ 20,000 | ||||||||||||||
Receivable for the sale | 25,000 | |||||||||||||||
Debt payment principal | $ 400,000 | |||||||||||||||
Gain on sale of properties | $ 400,000 | |||||||||||||||
NOACK [Member] | 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 2nd NOACK sale | $ 375,000 | |||||||||||||||
Deposit | $ 260,000 | $ 115,000 | ||||||||||||||
Receivable for the sale | $ 120,000 | |||||||||||||||
Payments for previous acquisitions forfeited | $ 255,000 | |||||||||||||||
SUDS [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Acquired field, description | The SUDS Field is a 2604-acre lease located in Creek County, 36 miles Southwest of Tulsa, Oklahoma. The field was first discovered in 1918 by SOHIO Oil Company utilizing over 100 wells with the primary objective to produce from the Dutcher Sands at an average well depth of 3,100 ft. | |||||||||||||||
TLSAU [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Percentage of working interest acquired | 100.00% | |||||||||||||||
Acquired field, description | TLSAU is located 45 miles from Roswell, Chaves County, New Mexico and consists of 3,864 acres with 58 wells. The last independent reserve report prepared by MKM Engineering on December 31, 2019, reflects approximately 752,000 barrels of proven oil reserves remaining for the 100% working interest | |||||||||||||||
Luseland, Hearts Hill and Cuthbert Fields [Member] | ||||||||||||||||
Business Acquisition [Line Items] | ||||||||||||||||
Percentage of working interest acquired | 25.00% | |||||||||||||||
Acquired field, description | The Canadian Properties currently encompass 64 sections, with 240 oil and 12 natural gas wells currently producing on the properties. Additionally, there are several idle wells with potential for reactivation and 34 sections of undeveloped land (approximately 21,760 acres). | |||||||||||||||
Number of acres | a | 41,526 | |||||||||||||||
Number of producing oil wells | Number | 240 | |||||||||||||||
Number of producing natural gas wells | Number | 12 |