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Consolidated Balance Sheets - USD ($)
Apr. 30, 2016
Apr. 30, 2015
Current Assets:    
Cash and cash equivalents $ 774,751 $ 1,010,543
Certificate of deposit - restricted 80,803 125,000
Accounts receivable - oil and gas 903 42,688
Accounts receivable - related party 4,829,693 0
Accrued interest on notes receivable - related party 170,653 0
Interest in real estate rights 2,820,402 0
Prepaid expenses and other current assets 24,967 52,771
Prepaid oil and gas asset development costs 844,131 0
Total Current Assets 9,546,303 1,231,002
Oil and gas assets, full cost method, Costs subject to amortization, net 778,226 6,935,000
Oil and gas assets, full cost method, Costs not being amortized, net 100,000 8,822,011
Property, plant and equipment, net of accumulated depreciation of $308,223 and $313,508, respectively 2,341 60,953
Intangible assets, net 0 2,203,393
Notes receivable - related party 17,848,000 0
Other assets 53,778 27,922
Total Other Assets 18,782,345 18,049,279
Total Assets 28,328,648 19,280,281
Current Liabilities:    
Accounts payable and accrued expenses 206,780 252,227
Deferred tax liability 2,501,209 0
Notes payable - related party 1,600,000 0
Asset retirement obligations, current portion 561,958 541,959
Total Current Liabilities 4,869,947 794,186
Long-term liabilities:    
Asset retirement obligations, net of current portion 201,104 376,471
Total Long-term Liabilities 201,104 376,471
Total Liabilities 5,071,051 1,170,657
Stockholders' 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; 0 shares issued and outstanding 0 0
Common shares - 100,000,000 authorized; par value $0.00001; 4,263,672 and 4,259,506 issued and outstanding 43 43
Additional paid-in capital 38,849,655 31,115,291
Accumulated deficit (27,643,419) (16,650,486)
Total Petro River Oil Corp. Equity 11,206,279 14,464,848
Non-controlling interests 12,051,318 3,644,776
Total Equity 23,257,597 18,109,624
Total Liabilities and Equity 28,328,648 19,280,281
Series B Preferred Stock [Member]    
Stockholders' 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; 0 shares issued and outstanding $ 0 $ 0