Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Stockholders' Equity (Unaudited)

v3.6.0.2
Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock
Shares to be issued
Preferred Stock
Additional Paid-in Capital
Prepaid Equity-Based Compensation
Accumulated Other Comprehensive Income
Deficit
Total
Beginning Balance, Shares at Dec. 31, 2014 24,094,551 675,000 28,092          
Beginning Balance, Amount at Dec. 31, 2014 $ 24,095 $ 675 $ 28 $ 7,162,660 $ (177,452) $ (7,067,267) $ (57,261)
Shares issued to investors, Shares 675,000 (675,000)          
Shares issued to investors, Amount $ 675 $ (675)
Shares issued for consulting services, Shares 720,000          
Shares issued for consulting services, Amount $ 720 107,280 108,000
Shares issued in satisfaction of debt, Shares 421,571          
Shares issued in satisfaction of debt, Amount $ 421 29,579 30,000
Shares issued in satisfaction of debt one, Shares 2,872,871          
Shares issued in satisfaction of debt one, Amount $ 2,873 198,228 201,101
Shares issued for convertible debt, Shares 550,000          
Shares issued for convertible debt, Amount $ 550 20,450 21,000
Shares issued as prepaid equity-based compensation. Shares 1,000,000          
Shares issued as prepaid equity-based compensation, Amount $ 1,000 164,000 (165,000)
Derivative liability adjustment - satisfaction of convertible debt 278,175 278,175
Unrealized gain (loss) on securities held for sale 19,028 19,028
Amortization of prepaid equity-based compensation 19,438 19,438
Net Loss (1,897,174) (1,897,174)
Ending Balance, Shares at Dec. 31, 2015 30,333,993 28,092          
Ending Balance, Amount at Dec. 31, 2015 $ 30,334 $ 28 7,960,372 (145,562) (158,424) (8,964,441) (1,277,693)
Shares issued for consulting services, Shares 1,000,000          
Shares issued for consulting services, Amount $ 1,000 101,500 102,500
Shares issued in satisfaction of debt, Shares 300,926          
Shares issued in satisfaction of debt, Amount $ 301 9,810 10,111
Shares issued as prepaid equity-based compensation. Shares 5,000,000          
Shares issued as prepaid equity-based compensation, Amount $ 5,000 795,000 (800,000)
Derivative liability adjustment - satisfaction of convertible debt 17,745 17,745
Unrealized gain (loss) on securities held for sale (7,265) (7,265)
Amortization of prepaid equity-based compensation 63,055 63,055
Shares issued in acquisition of oil and gas properties, Shares 9,650,000          
Shares issued in acquisition of oil and gas properties, Amount   $ 9,650 810,600 820,250
Net Loss (2,398,729) (2,398,729)
Ending Balance, Shares at Mar. 31, 2016 31,634,919 14,650,000 28,092          
Ending Balance, Amount at Mar. 31, 2016 $ 31,635 $ 14,650 $ 28 $ 9,695,027 $ (882,507) $ (165,689) $ (11,363,170) $ (2,670,026)