Quarterly report pursuant to Section 13 or 15(d)

Restatement (Details)

v3.6.0.2
Restatement (Details) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Balance Sheet          
Derivative liability $ 2,550,660   $ 2,550,660   $ 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     (3,971,368)   (1,897,174)
Net comprehensive loss     152,057 $ (12,222)  
Statements of Cash Flows          
Net Loss     (3,971,368)   $ (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 2,918,042   2,918,042    
Derivative liability 787,560   787,560    
Additional paid in capital 9,638,488   9,638,488    
Accumulated deficit (9,563,140)   (9,563,140)    
Statement of operations          
Derivative gain (loss) / change in fair value 400,867 $ (5,542) 126,436 5,542  
Interest expense (528,573) (709,830)  
Derivative expense      
Loss from operations (466,191) (177,732) (822,617) (327,462)  
Net loss (518,897) (225,057) (1,583,883) (393,989)  
Net comprehensive loss $ (359,575) $ (292,047) $ (1,431,826) $ (406,211)  
Basic and diluted loss per common share $ (0.01) $ (0.01) $ (0.03) $ (0.01)  
Statements of Cash Flows          
Net Loss $ (518,897) $ (225,057) $ (1,583,883) $ (393,989)  
Derivative (gain) loss / change in fair value 400,867 (5,542) 126,436 5,542  
Stock based compensation     102,500  
Derivative expense      
Depreciation, depletion and amortization     190,646 6,792  
Amortization of debt discount     493,733 43,241  
Net cash used in operations     315,883 227,042  
Net Change          
Balance Sheet          
Petroleum and natural gas rights / oil and gas properties (279,938)   (279,938)    
Derivative liability 2,550,660   2,550,660    
Additional paid in capital 807,869   807,869    
Accumulated deficit (3,372,669)   (3,372,669)    
Statement of operations          
Derivative gain (loss) / change in fair value (676,926) 62,206 1,805,159 119,648  
Interest expense (463,627) (154,271) (714,077) (403,193)  
Derivative expense   (154,271)   (248,922)  
Loss from operations 86,811 2,250 131,751 6,792  
Net loss (1,053,742) (86,897) (2,387,485) (273,669)  
Net comprehensive loss $ (1,053,742) $ (86,897) $ (2,387,485) $ (273,669)  
Basic and diluted loss per common share $ (0.02) $ (0.06) $ (0.02)  
Statements of Cash Flows          
Net Loss $ (1,053,742) $ (86,897) $ (2,387,485) $ (273,669)  
Derivative (gain) loss / change in fair value (676,926) 62,206 1,805,159 119,648  
Stock based compensation     303,644 403,193  
Derivative expense   (154,271)   (248,922)  
Depreciation, depletion and amortization     (142,030) (6,792)  
Amortization of debt discount     724,357 (7,084)  
Net cash used in operations     (52,758) (119,044)  
Restated          
Balance Sheet          
Petroleum and natural gas rights / oil and gas properties 2,638,104   2,638,104    
Derivative liability 3,338,220   3,338,220    
Additional paid in capital 10,446,357   10,446,357    
Accumulated deficit (12,935,809)   (12,935,809)    
Statement of operations          
Derivative gain (loss) / change in fair value (276,059) 56,664 (1,931,595) 114,106  
Interest expense 992,200 38,865 1,423,907 57,901  
Derivative expense 154,271 403,193  
Loss from operations (379,380) (175,482) (690,866) (320,670)  
Net loss (1,572,639) (311,954) (3,971,368) (667,658)  
Net comprehensive loss $ (1,413,317) $ (378,944) $ (3,819,311) $ (679,880)  
Basic and diluted loss per common share $ (0.03) $ (0.01) $ (0.09) $ (0.03)  
Statements of Cash Flows          
Net Loss $ (1,572,639) $ (311,954) $ (3,971,368) $ (667,658)  
Derivative (gain) loss / change in fair value (276,059) 56,664 (1,931,595) 114,106  
Stock based compensation 240,589 108,000 406,144 108,000  
Derivative expense $ 154,271 403,193  
Depreciation, depletion and amortization     48,616  
Amortization of debt discount     1,218,090 36,157  
Net cash used in operations     $ (263,125) $ (107,998)