Quarterly report pursuant to Section 13 or 15(d)

Long Term Debt (Details Narrative)

v3.19.2
Long Term Debt (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Feb. 14, 2019
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Accrued interest   $ 1,500,000   $ 1,500,000    
General and administrative expenses   1,257,959 $ 1,125,936 2,291,304 $ 2,026,461  
Crossfirst Bank [Member]            
Promissory note $ 56,760          
Maturity date Feb. 14, 2024          
Maturity date Feb. 14, 2024          
Interest rate description Bearing interest at 7.15%, payable in 60 installments of $1,130, with a maturity date of February 14, 2024          
Interest rate 7.15%          
December 28, 2018 promissory note One [Member]            
Promissory note           $ 23,777,948
Maturity date           Jan. 31, 2020
Ownership percentage           100.00%
Maturity date           Jan. 31, 2020
December 28, 2018 promissory note [Member]            
Maturity date           Dec. 28, 2023
Maturity date           Dec. 28, 2023
Interest rate description           (i) a floating rate of interest equal to 10% plus LIBOR, and (ii) a fixed rate of interest equal to 12%, payable monthly on the last day of each calendar month, commencing January 31, 2019. Principal payments shall be made quarterly at 1.25% of the initial loan amount, commencing on the last business day of the fiscal quarter ending June 30, 2019.
Unamortized discount   4,168,904   4,168,904   $ 4,385,408
Loan amount           63,592,000
General and administrative expenses           65,000
Additional principal payment on debt           2,000,000
Oil and gas development projects           12,000,000
June 13, 2018 promissory note [Member]            
Promissory note           $ 12,400,000
Maturity date           Sep. 30, 2020
Maturity date           Sep. 30, 2020
Unamortized discount   69,200   69,200   $ 103,421
Interest rate           1.50%
Debt instrument periodic payments           $ 100,000
Frequency of periodic payments           Monthly
Maximum principal amount           $ 30,000,000
June through December of 2018 promissory note [Member]            
Accrued interest           191,250
Promissory note           $ 9,459,750
Maturity date           Aug. 31, 2019
Maturity date           Aug. 31, 2019
Interest rate description           Pursuant to a 10% Secured Promissory Note with 50% of the principal convertible into the Company's common stock at $0.20 per share, all principal and accrued interest payable on the maturity date of August 31, 2019.
Unamortized discount   1,867,398   1,867,398   $ 5,981,012
Exchange of Borrowed amount due to lender       $ 5,514,000