Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Changes in Stockholders' Deficit (Unaudited)

Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock	Preferred Stock	Additional Paid-in Capital	Prepaid Equity Based Compensation	Accumulated Other Comprehensive Income	Accumulated Deficit	Total
Beginning Balance, Shares at Dec. 31, 2015	30,333,993	28,092
Beginning Balance, Amount at Dec. 31, 2015	$ 30,334	$ 28	$ 7,960,372	$ (145,562)	$ (158,424)	$ (8,964,441)	$ (1,277,693)
Shares issued in satisfaction of debt, shares	300,926
Shares issued in satisfaction of debt, amount	$ 301		9,810				10,111
Derivative liability adjustment - satisfaction of convertible debt			685,668				685,668
Shares issued for consulting services, Shares	1,315,000
Shares issued for consulting services, Amount	$ 1,315		164,185				165,500
Shares issued in acquisition of oil and gas properties, shares	14,862,021
Shares issued in acquisition of oil and gas properties, amount	$ 14,862		1,430,829				1,445,691
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)
Cancellation of shares issued as prepaid equity-based compensation, shares	(4,000,000)
Cancellation of shares issued as prepaid equity-based compensation, amounts	$ (4,000)		(636,000)	640,000
Sale of stock, shares	2,841,667
Sale of stock, amount	$ 2,842		423,408				426,250
Capital issuance costs			(37,500)				(37,500)
Shares issued as payment for interest expense, shares	1,931,250
Shares issued as payment for interest expense, amount	$ 1,931		324,444				326,375
Shares issued as additional discount on debt, shares	508,335
Shares issued as additional discount on debt, amount	$ 508		75,742				76,250
Warrants issued for services			330,889				330,889
Amortization of prepaid equity-based compensation				270,494			270,494
Unrealized gain (loss) on securities held for sale					156,978		156,978
Net loss						(5,445,187)	(5,445,187)
Ending Balance, Shares at Dec. 31, 2016	53,093,192	28,092
Ending Balance, Amount at Dec. 31, 2016	$ 53,093	$ 28	11,526,847	(35,068)	(1,446)	(14,409,628)	(2,866,174)
Derivative liability adjustment - satisfaction of convertible debt			35,232				35,232
Shares issued for consulting services, Shares	62,500
Shares issued for consulting services, Amount	$ 63		12,437				12,500
Shares issued as prepaid equity-based compensation, shares	3,240,000
Shares issued as prepaid equity-based compensation, amount	$ 3,240		700,920	(704,160)
Sale of stock, shares	3,059,442
Sale of stock, amount	$ 3,059		455,858				458,917
Amortization of prepaid equity-based compensation				334,904			334,904
Unrealized gain (loss) on securities held for sale					1,446		1,446
Net loss						(559,401)	(559,401)
Ending Balance, Shares at Mar. 31, 2017	59,455,134	28,092
Ending Balance, Amount at Mar. 31, 2017	$ 59,455	$ 28	$ 12,731,294	$ (404,324)		$ (14,969,029)	$ (2,582,576)