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Note 1 - Summary of Significant Accounting Policies: Organization, Ownership and Business (Policies)
9 Months Ended
Sep. 30, 2013
Policies  
Organization, Ownership and Business

Organization, Ownership and Business

 

Brenham Oil & Gas, Inc. was incorporated under the laws of the State of Texas in November 1997 and became a wholly-owned subsidiary of American International Industries, Inc. ("American") in November 1997. On April 21, 2010, the Company was re-domiciled in Nevada as Brenham Oil & Gas Corp. and Brenham Oil & Gas, Inc. became a wholly-owned subsidiary of Brenham. American was issued 64,977,093 shares of common stock of Brenham in connection with the reorganization in exchange for all shares outstanding of Brenham Oil & Gas, Inc. The reorganization has been retroactively applied to the consolidated financial statements for all periods presented.

 

Brenham is an exploration stage company and will continue to be so until commencement of substantial production from its oil and gas operations.