Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF RELATED PARTY NOTES PAYABLE (Details)

v3.22.1
SCHEDULE OF RELATED PARTY NOTES PAYABLE (Details) - USD ($)
 12 Months Ended
Feb. 22, 2021
Feb. 28, 2020
Feb. 14, 2020
Jan. 03, 2020
Jan. 02, 2020
Jul. 23, 2019
Dec. 31, 2020
Oct. 30, 2020
Dec. 31, 2019
Dec. 04, 2019
Aug. 21, 2019
Aug. 15, 2019
Jan. 15, 2019
Jun. 01, 2018
Defined Benefit Plan Disclosure [Line Items]                            
Notes payable - related party             $ 1,035,329   $ 983,291          
Loan Agreement [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate 10.00% 0.00%     10.00%       12.00%       4.00% 12.00%
Date of maturity Dec. 31, 2021 Mar. 01, 2022     Jun. 30, 2020                  
Discount         $ (266,674)                  
Warrants to purchase shares   200,000     5,000,000     5,000,000            
Warrant expiry date         Jan. 02, 2023                  
Jovian Petroleum Corporation [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Gross proceeds form private placement             $ 12,500              
Number of shares converted             156,250              
Warrants to purchase shares             12,500              
Conversion price per share             $ 0.08              
Lee Lytton [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [1]                          
Date of maturity [1]             On demand              
Notes payable - related party [1]               $ 3,500          
Quinten Beasley [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate             10.00%              
Notes payable - related party             $ 5,000   10,000          
Date of maturity             Oct. 14, 2016              
Joel Oppenheim [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate                          
Date of maturity             On demand              
Notes payable - related party               217,208          
Gross proceeds form private placement           $ 12,500                
Warrants to purchase shares                     1,250,000      
Joel Oppenheim One [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate             12.00%              
Date of maturity             On demand              
Notes payable - related party               15,000          
Jovian Petroleum Corporation [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [2]             3.50%              
Notes payable - related party [2]             $ 188,285   362,583          
Date of maturity [2]             Dec. 31, 2021              
Warrants to purchase shares                     1,250,000      
Ivar Siem [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [3]             12.00%              
Date of maturity [3]             On demand              
Notes payable - related party [3]             $ 200,000   100,000          
Ivar Siem [Member] | Loan Agreement [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate                   12.00%   12.00%    
Ivar Siem One [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Date of maturity [3]             On demand              
Notes payable - related party [3]             $ 50,000   50,000          
Joel Oppenheim Two [Member                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [4]             12.00%              
Notes payable - related party [4]               200,000          
Date of maturity [4]             Dec. 31, 2019              
Mark Allen-SUDS Development [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [5]             9.00%              
Notes payable - related party [5]             $ 55,000            
Date of maturity [5]             Sep. 02, 2021              
Mark Allen-SUDS Development One [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [6]             10.00%              
Notes payable - related party [6]             $ 135,000            
Date of maturity [6]             Jun. 30, 2021              
Mark Allen [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate             12.00%              
Notes payable - related party             $ 200,000            
Date of maturity             Jun. 30, 2020              
Mark Allen One [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate             10.00%              
Notes payable - related party             $ 100,000            
Date of maturity             Jun. 30, 2020              
Discount             $ (11,536)            
Mark Allen Two [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate [7]             10.00%              
Notes payable - related party [7]             $ 125,000            
Date of maturity [7]             Jun. 30, 2020              
Discount             $ (11,420)            
Mark M Allen [Member] | Loan Agreement [Member]                            
Defined Benefit Plan Disclosure [Line Items]                            
Interest rate     10.00% 10.00%         12.00%          
Date of maturity     Jun. 01, 2020 Jun. 01, 2020                    
Warrants to purchase shares     750,000 400,000                    
Conversion price per share                 $ 0.08          
Warrant expiry date     Feb. 14, 2022 Jan. 03, 2023                    
[1] Not used
[2] On February 9, 2018, the Company entered into a Revolving Line of Credit Agreement (“LOC”) for $200,000 (subsequently increased to $500,000 on April 12, 2018) with Jovian Petroleum Corporation. The CEO of Jovian is Quinten Beasley, our former director (resigned October 31, 2018), and 25% of Jovian is owned by Zel C. Khan, our CEO and director. The initial agreement is for a period of 6 months and can be extended for up to 5 additional terms of 6 months each. All amounts advanced pursuant to the LOC will bear interest from the date of advance until paid in full at 3.5% simple interest per annum. Interest will be calculated on a basis of a 360-day year and charged for the actual number of days elapsed. Subsequent to year-end this LOC has been extended until December 31, 2021.
[3] On August 15, 2019, the Company entered into a loan agreement in the amount of $75,000 with Ivar Siem. The note bears interest at an interest rate of 12% per annum with a four (4) month maturity.
[4] Joel Oppenheim was no longer a related party on December 31, 2020. This note is now reflected in Note 5 (Notes Payable).
[5] On April 15, 2020, the Company entered into a consulting agreement, with Mark M Allen, that included a funding clause where the Company borrowed $55,000 from Mr. Allen. The note bore interest at an interest rate of 9% per annum and matures on August 15, 2021.
[6] On January 6, 2020, the Company entered into a consulting agreement, with Mark M Allen, that included a funding clause where the Company borrowed $135,000 ($62,000 on January 6, 2020, $45,000 on May 18, 2020 and $28,000 on June 26, 2020) from a third party. The third party is responsible for the future oversight and management of the SUDS field located in Creek County, Oklahoma. The note bore interest at an interest rate of 10% per annum and matures on June 30, 2020.
[7] On February 14, 2020, the Company entered into a loan agreement in the amount of $125,000 with Mark M Allen. The note bore interest at an interest rate of 10% per annum and matures on June 1, 2020, with warrants to purchase 750,000 shares of common stock (the “Loan Warrants”), at an exercise price of $0.10 per share in Canadian dollars and expire on February 14, 2022. The fair value of issued warrants were recorded as a debt discount of $38,249 and monthly amortization of $1,903.