Oil and Gas Properties (Details Narrative) |
6 Months Ended |
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Jun. 30, 2016
USD ($)
$ / shares
shares
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| Oil And Gas Properties Details Narrative | |
| Revenue | $ 86,103 |
| Net earnings | 34,191 |
| Cash transaction for oil and gas properties | $ 1,350,000 |
| Share issued for oil and gas properties | shares | 4,650,000 |
| Per share price of share issued | $ / shares | $ 0.085 |
| Percentage of working interest | 100.00% |
| Stock issued to vendor, shares | shares | 5,000,000 |
| Stock issued to vendor, amount | $ 425,000 |
| Stock issued to vendor, per share | $ / shares | $ 0.085 |
| Loan from private lenders | $ 1,625,000 |
| Percentage of senior secured convertible promissory note | 15.00% |
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- Definition Loan from private lenders. No definition available.
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- References No definition available.
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- Definition Per share price of share issued. No definition available.
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- Definition Percentage of senior secured convertible promissory note. No definition available.
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- Definition Percentage of working interest. No definition available.
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- Definition Share issued for oil and gas properties. No definition available.
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- Definition Stock issued to vendor, amount. No definition available.
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- Definition Stock issued to vendor, per share. No definition available.
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- Definition Stock issued to vendor, shares. No definition available.
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- Definition Amount of the cumulative effect on retained earnings net of related income tax effect. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of lease operating expense related to property used in oil and gas production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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