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Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net (loss) $ (2,139,139) $ (722,806)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depletion and depreciation 450,669 1,205
Accretion of asset retirement obligation 22,667 841
Accretion of debt discounts 999,346  
Share-based compensation 67,347 344,465
Impairment of crude oil and natural gas properties   16,721
Changes in operating assets and liabilities:    
Accounts receivable - joint interest billing 188,449 68,772
Accounts receivable - joint interest billing - related party (859,385) (590,274)
Accounts receivable - crude oil, natural gas and NGL sales (946,655)  
Accounts receivable - other (64,914)  
Deferred equity issuance costs (8,715)  
Prepaid expenses and other assets 412,220 (6,040)
Accounts payable and accrued liabilities 700,314 1,192,915
Accounts payable - working interest partners and royalty owners 83,912  
Drilling advances, net - related party (217,756)  
Net cash (used in) provided by operating activities (1,311,640) 305,799
Cash flows from investing activities:    
Additions of furniture, fixtures and equipment (63,038) (11,574)
Development of crude oil and natural gas properties (2,735,765) (17,041)
Acquisitions of crude oil and natural gas properties (666,000) (790,253)
Net cash (used in) investing activities (3,464,803) (818,868)
Cash flows from financing activities:    
Convertible notes issued for cash 7,251,661  
Common stock issued for cash (net of offering costs)   95,000
Net cash provided by financing activities 7,251,661 95,000
Cash:    
Net increase (decrease) in cash 2,475,218 (418,069)
Cash, beginning of period 2,449,412 3,011,291
Cash, end of period 4,924,630 $ 2,593,222
Non-cash investing and financing activities:    
Development of crude oil and natural gas properties 3,944,199  
Issuance of common stock warrants in connection with private placement $ 809,779