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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating Activities:    
Net profit (loss) in exploration stage $ (6,330,444) $ (627,288)
Net loss in development stage
Adjustment to reconcile net loss to net cash used in operating activities    
Change in debt discount 82,596 307,875
Change in derivative liabilities 72,660 3,642
Depreciation and amortization 301,264
Changes in assets and liabilities:    
Increase (decrease) in interest payable (252,520) 65,346
Increase (decrease) in accounts payable 26,217 999
Decrease (increase) in inventories 2,807
Decrease (increase) in due from related party 170
Decrease (increase) in other short-term liabilities
Net cash provided by operating activities (6,097,422) (249,257)
Investing Activities:    
Purchase/disposal of equipment
Sale of oil & gas properties 7,026,666
Deposit on intangible asset
Net cash used in investing activities 7,026,666
Financing Activities:    
Bank overdraft (39)
Proceeds from note payable (1,476,491) 240,000
Proceeds from stockholders' loans 18,751 7,500
Due to related party (10,225) 1,837
Proceeds from long term debt 19,108
Proceeds from customer deposits 19,729
Issuance of preferred stock
Issuance of common stock 510,957
Net cash provided by financing activities (918,170) 249,299
Accumulated other comp income
Net increase/(decrease) in cash 11,074 42
Cash, beginning of period 2,226
Cash, end of period 13,301 42
Supplementary disclosure of cash flow information:    
Forgiveness of shareholders' loan
Forgiveness of note payable $ 63,400