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Subsequent Events
12 Months Ended
Jul. 31, 2016
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

9. SUBSEQUENT EVENTS

 

On August 15, 2016, the Company acquired an oil and gas lease covering 450 acres known as the Guy Ranch including the cased hole and equipment for the following expenditures plus the issuance of 670,000 shares of the Company’s restricted stock at a value of $16,750 ($0.025 per share).

 

Acreage Cost   $ 23,850  
Geological Services   $ 15,000  
Case Well and Equipment   $ 10,000  

 

The Company evaluated all events or transactions that occurred after July 31, 2016 up through the date these financial statements were available for issuance. With the exception of the above, during this period, the Company did not have any material recognizable subsequent events.