Summary of Significant Accounting Policies (Details 4) - USD ($) |
12 Months Ended | |
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Dec. 31, 2018 |
Dec. 31, 2017 |
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Summary Of Significant Accounting Policies Details 3Abstract | ||
Oil | $ 7,777,100 | $ 1,929,875 |
Natural gas and Natural gas liquids | 190,872 | 52,143 |
Total revenue | $ 7,967,972 | $ 1,982,018 |
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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