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Accrued Liabilites
12 Months Ended
Jul. 31, 2017
Accrued Liabilites [Abstract]  
ACCRUED LIABILITES

NOTE 5 – ACCRUED LIABILITES

 

Accrued liabilities consist of $27,138 of accrued interest, $11,895 of accrued distribution payments and $113,470 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 July 31, 2017, the Company has unused funds it has received of $113,470.