Accrued Liabilities

3 Months Ended

Oct. 31, 2019

Payables and Accruals [Abstract]

Accrued Liabilities

The Company has partnered with others whereby they provide all or a portion of the working capital for either well work to be completed on existing properties or towards the acquisition of new properties. As of October 31, 2019 and July 31, 2019, the Company has unused funds it has received of $65,879 and $65,879, respectively, which are included in accrued liabilities.

Accrued liabilities are as follows:

	October 31, 2019		July 31, 2019
General accrual	$	1,887	$	1,887
Interest	$	50,693	$	47,802
Distributions and royalty	$	15,416	$	15,416
Advances for well work	$	65,879	$	65,879
Winnemucca Property	$	359,000	$	381,770
Investment funds to be used for the development of future properties	$	125,000	$	125,000
	$	617,875	$	637,754