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Accrued Liabilites
6 Months Ended
Jan. 31, 2017
Accrued Liabilites [Abstract]  
ACCRUED LIABILITES

NOTE 5 – ACCRUED LIABILITES

 

Accrued liabilities consist of $21,065 of accrued interest, $15,492 of accrued distribution payments and $67,803 of monies received in advance for well work to be performed and the acquisition of additional oil and gas properties. The Company has partnered with others whereby they provide all or a portion of the working capital for either well to be completed on existing properties or towards the acquisition of new properties. As of January 31, 2017, the Company has unused funds it has received of $66,554.