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ASSET HELD FOR SALE
12 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
NOTE 5 - ASSET HELD FOR SALE

On April 14, 2015 the Company acquired the working interest of two producing oil and gas properties in Alberta Canada for US $80,000. The Company has determined that the asset does not fit the future plans of the Company. Under the guidelines of ASC 360 Newly Acquired Asset Classified as Held for Sale, the Company is actively seeking to dispose of the asset through a sale. As part of the treatment of the asset for sale the Company under ASC 205 Discontinued Operations has treated the expenses related with its acquisition of $3,942 as discontinued operations expense. During the year ended September 30, 2015, the Company determined that this assets had become impaired and took a charge to earnings of $80,000 which is also reflected in discontinued operations.