BUSINESS SEGMENTS (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2017 |
Dec. 31, 2016 |
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Revenues | ||
Revenues | $ 148,835 | $ 321,246 |
Net Income (Loss) | ||
Net Income (Loss) | (3,261,284) | (1,875,779) |
Assets | ||
Assets | 13,577,572 | 13,211,624 |
Accounts Receivable | ||
Accounts Receivable | 51,026 | 199,003 |
Oil And Gas Exploration [Member] | ||
Revenues | ||
Revenues | 148,835 | 123,246 |
Net Income (Loss) | ||
Net Income (Loss) | (3,245,008) | (2,052,004) |
Assets | ||
Assets | 13,408,306 | 13,026,082 |
Accounts Receivable | ||
Accounts Receivable | 51,026 | 199,003 |
Oil Field Services [Member] | ||
Revenues | ||
Revenues | 198,000 | |
Net Income (Loss) | ||
Net Income (Loss) | (16,276) | 176,225 |
Assets | ||
Assets | $ 169,266 | $ 185,542 |
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- References No definition available.
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- Definition For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Aggregate revenue during the period related to oil and gas business activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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