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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 188,793 $ 146,555
Other receivable 7,142 19,342
Prepaid expenses 33,436 29,870
Product inventory 4,881 4,881
Total current assets 234,252 200,648
Deposits 9,900 9,900
Restricted cash 245,000 245,000
Oil and gas properties, successful efforts basis 6,209,546 4,173,307
Fixed asset, net 18,530 13,860
Total assets 6,717,228 4,642,715
Current liabilities:    
Accounts payable and accrued payables 1,584,258 1,047,169
Accrued interest payable 780,049 227,945
Notes payable, net 526,880 525,034
Notes payable, related party, net 3,500,000
Preferred stock payable 6,514,600
Total current liabilities 9,405,787 5,300,148
Asset retirement obligation 217,212 198,279
Production payment liability 300,000 300,000
Total liabilities 9,922,999 5,798,427
Stockholders' equity:    
Common stock, $0.001 par value, 100,000,000 shares authorized, 39,314,000 and 38,814,000 shares issued and outstanding as of December 31, 2016 and December 31, 2015, respectively 39,314 38,814
Additional paid-in capital 5,790,060 5,690,560
Accumulated deficit (9,035,145) (6,885,086)
Total stockholders' equity (3,205,771) (1,155,712)
Total liabilities and stockholders' equity $ 6,717,228 $ 4,642,715