OIL AND GAS INTERESTS	12 Months Ended
Sep. 30, 2016
OIL AND GAS INTERESTS [Abstract]
OIL AND GAS INTERESTS	NOTE 8: OIL AND GAS INTERESTS Arkanova is currently participating in oil and gas exploration activities in Montana. All of Arkanova’s oil and gas properties are located in the United States. Proven and Developed Properties, Montana During the year ended September 30, 2016, the Company incurred costs of $192,297 (2015 - $748,837) that were capitalized to their oil and gas properties. At September 30, 2016 and 2015, the carrying value of the evaluated oil and gas properties exceeded the present value of the estimated future net revenue; therefore, an impairment of $242,330 (2015 - $898,861) was recorded. The carrying value of Arkanova’s evaluated oil and gas properties at September 30, 2016 and September 30, 2015 was $5,994 and $315,859, respectively. During the year ended September 30, 2016, the Company recorded depletion of $604,591 (2015 - $259,358). During the year ended September 30, 2014, the Company received $1,395,000 of project advances, of which $310,000 was received from Aton Select Funds Limited (“Aton”) and $1,085,000 was received from Knightwall Invest, Inc. (“Knightwall”), related parties to the Company. Of the $1,395,000, $582,886 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. During the year ended September 30, 2015, the Company received an additional $2,025,000 of project advances, of which $450,000 was received from Aton and $1,575,000 was received from Knightwall. Of the $2,025,000, $593,341 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. During the year ended September 30, 2016, the Company did not receive any additional project advances from Aton and Knighwall and $159,152 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. At September 30, 2016, the Company has $2,084,621 (2015 - $2,243,773) of project advances shown as a current liability on the consolidated balance sheet of which $463,249 (2015 - $498,616) was received from Aton and $1,621,372 (2015 - $1,745,157) was received from Knighwall. At September 30, 2016, $1,335,379 of the total project advances of $3,420,000 was re-allocated to oil and gas properties to offset against the costs for the other working interest partners. These funds will be used for costs to be incurred on the waterflood project and on drilling of Bekkan Well.

OIL AND GAS INTERESTS

12 Months Ended

Sep. 30, 2016

NOTE 8: OIL AND GAS INTERESTS

Arkanova is currently participating in oil and gas exploration activities in Montana. All of Arkanova’s oil and gas properties are located in the United States.

Proven and Developed Properties, Montana

During the year ended September 30, 2016, the Company incurred costs of $192,297 (2015 - $748,837) that were capitalized to their oil and gas properties. At September 30, 2016 and 2015, the carrying value of the evaluated oil and gas properties exceeded the present value of the estimated future net revenue; therefore, an impairment of $242,330 (2015 - $898,861) was recorded. The carrying value of Arkanova’s evaluated oil and gas properties at September 30, 2016 and September 30, 2015 was $5,994 and $315,859, respectively. During the year ended September 30, 2016, the Company recorded depletion of $604,591 (2015 - $259,358).

During the year ended September 30, 2014, the Company received $1,395,000 of project advances, of which $310,000 was received from Aton Select Funds Limited (“Aton”) and $1,085,000 was received from Knightwall Invest, Inc. (“Knightwall”), related parties to the Company. Of the $1,395,000, $582,886 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. During the year ended September 30, 2015, the Company received an additional $2,025,000 of project advances, of which $450,000 was received from Aton and $1,575,000 was received from Knightwall. Of the $2,025,000, $593,341 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. During the year ended September 30, 2016, the Company did not receive any additional project advances from Aton and Knighwall and $159,152 was reallocated to oil and gas properties to offset against the costs for the other working interest partners. At September 30, 2016, the Company has $2,084,621 (2015 - $2,243,773) of project advances shown as a current liability on the consolidated balance sheet of which $463,249 (2015 - $498,616) was received from Aton and $1,621,372 (2015 - $1,745,157) was received from Knighwall. At September 30, 2016, $1,335,379 of the total project advances of $3,420,000 was re-allocated to oil and gas properties to offset against the costs for the other working interest partners. These funds will be used for costs to be incurred on the waterflood project and on drilling of Bekkan Well.