XML 23 R13.htm IDEA: XBRL DOCUMENT v3.20.4
Accrued Liabilities
3 Months Ended
Oct. 31, 2020
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, 2020 and July 31, 2020, the Company has unused funds it has received of $23,175 and $23,175, respectively.

 

Accrued liabilities are as follows:

 

    October 31, 2020     July 31, 2020  
General accrual   $ 2,466     $ 2,444  
Interest   $ 66,576     $ 62,597  
Distributions and royalty   $ 15,416     $ 15,416  
Advances for well work   $ 23,175     $ 23,175  
Winnemucca Property   $ 309,069     $ 334,000  
    $ 416,702     $ 437,632