Quarterly report pursuant to Section 13 or 15(d)

Restatement (Details)

v3.6.0.2
Restatement (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Balance Sheet      
Derivative liability $ 2,377,823   $ 810,647
Additional paid in capital     7,960,372
Accumulated deficit     (8,964,441)
Statement of operations      
Derivative gain (loss) / change in fair value 1,216,303    
Net loss (2,398,729)   (1,897,174)
Net comprehensive loss (7,265) $ 54,768  
Statements of Cash Flows      
Net Loss (2,398,729)   $ (1,897,174)
Derivative (gain) loss / change in fair value 1,216,303    
Previously Reported      
Balance Sheet      
Petroleum and natural gas rights / oil and gas properties 2,957,441    
Derivative liability 1,286,918    
Additional paid in capital 9,391,246    
Accumulated deficit (9,044,242)    
Statement of operations      
Derivative gain (loss) / change in fair value (527,303)  
Interest expense (181,257)    
Derivative expense    
Loss from operations (356,425) (149,730)  
Net loss (1,064,985) (168,932)  
Net comprehensive loss $ (1,072,250) $ (114,164)  
Basic and diluted loss per common share $ (0.03) $ (0.01)  
Statements of Cash Flows      
Net Loss $ (1,064,985) $ (168,932)  
Derivative (gain) loss / change in fair value (527,303)  
Stock based compensation 102,500    
Derivative expense    
Depreciation, depletion and amortization 70,413 4,542  
Amortization of debt discount 132,164 8,333  
Net cash used in operations 116,654 120,878  
Net Change      
Balance Sheet      
Petroleum and natural gas rights / oil and gas properties (291,087)    
Derivative liability 2,377,823    
Additional paid in capital 303,781    
Accumulated deficit (2,318,928)    
Statement of operations      
Derivative gain (loss) / change in fair value (1,128,233) 57,442  
Interest expense (250,450)    
Derivative expense   (248,922)  
Loss from operations 44,939 4,542  
Net loss (1,333,744) (186,772)  
Net comprehensive loss $ (1,333,744) $ (186,772)  
Basic and diluted loss per common share $ (0.03)  
Statements of Cash Flows      
Net Loss $ (1,333,744) $ (186,772)  
Derivative (gain) loss / change in fair value (1,128,233) 57,442  
Stock based compensation 63,055    
Derivative expense   (248,922)  
Depreciation, depletion and amortization (50,047) (4,542)  
Amortization of debt discount 255,559 (4,166)  
Net cash used in operations (35,194) (24,437)  
Restated      
Balance Sheet      
Petroleum and natural gas rights / oil and gas properties 2,666,354    
Derivative liability 3,664,741    
Additional paid in capital 9,695,027    
Accumulated deficit (11,363,170)    
Statement of operations      
Derivative gain (loss) / change in fair value (1,655,536) 57,442  
Interest expense 431,707 19,036  
Derivative expense (248,922)  
Loss from operations (311,486) (145,188)  
Net loss (2,398,729) (355,704)  
Net comprehensive loss $ (2,405,994) $ (300,936)  
Basic and diluted loss per common share $ (0.06) $ (0.01)  
Statements of Cash Flows      
Net Loss $ (2,398,729) $ (355,704)  
Derivative (gain) loss / change in fair value (1,655,536) 57,442  
Stock based compensation 165,555  
Derivative expense (248,922)  
Depreciation, depletion and amortization 20,366  
Amortization of debt discount 387,723 4,167  
Net cash used in operations $ (81,460) $ (96,441)