Annual report pursuant to Section 13 and 15(d)

NOTE 9. OIL AND GAS ACQUISITIONS (Tables)

v3.7.0.1
NOTE 9. OIL AND GAS ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block]
The table below represents the proforma financial statement to show the effects of the combined entity for the periods presented above:

   
December 31, 2016
Petrolia Combined
   
December 31, 2015
Petrolia Combined
 
Oil and Gas Sales
   
361,991
     
328,301
 
                 
Net Loss
   
(1,960,188
)
   
(1,989,642
)
                 
Loss per share
   
(0.03
)
   
(0.04
)