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Consolidated Balance Sheets - USD ($)
Oct. 31, 2015
Apr. 30, 2015
Current Assets:    
Cash and cash equivalents $ 526,135 $ 1,010,543
Certificate of deposit - restricted 125,000 125,000
Accounts receivable - oil and gas 1,806 $ 42,688
Accounts receivable - related party 18,271,716
Real estate - held for sale 6,021,779
Prepaid expenses and other current assets 48,729 $ 52,771
Total Current Assets 24,995,165 1,231,002
Oil and gas assets, net 15,403,606 15,757,011
Property, plant and equipment, net of accumulated depreciation of $304,090 and $313,508, respectively 2,720 60,953
Intangible assets, net of accumulated amortization of $80,519 and $20,293, respectively 2,143,167 2,203,393
Other assets 28,132 27,922
Total Other Assets 17,577,625 18,049,279
Total Assets 42,572,790 19,280,281
Current Liabilities:    
Accounts payable and accrued expenses 163,187 $ 252,227
Deposit on real estate sales 888,375
Asset retirement obligations, current portion 541,959 $ 541,959
Total Current Liabilities 1,593,521 794,186
Long-term liabilities:    
Asset retirement obligations, net of current portion 396,798 376,471
Total Long-term Liabilities 396,798 376,471
Total Liabilities $ 1,990,319 $ 1,170,657
Equity:    
Preferred shares - 5,000,000 authorized; par value $0.00001; 0 shares issued and outstanding; Preferred B shares - 29,500 authorized; par value $0.00001 per share; 0 shares issued and outstanding
Common shares - 100,000,000 authorized; par value $0.00001 per share; 4,259,505 Issued and outstanding $ 43 $ 43
Additional paid-in capital 38,659,215 31,115,291
Accumulated deficit (14,167,061) (16,650,486)
Total Petro River Oil Corp. Equity 24,492,197 14,464,848
Non-controlling interest 16,090,274 3,644,776
Total Equity 40,582,471 18,109,624
Total Liabilities and Equity $ 42,572,790 $ 19,280,281
Preferred B Shares [Member]    
Equity:    
Preferred shares - 5,000,000 authorized; par value $0.00001; 0 shares issued and outstanding; Preferred B shares - 29,500 authorized; par value $0.00001 per share; 0 shares issued and outstanding