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PROVISION FOR INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
PROVISION FOR INCOME TAXES    
Liability for uncertain tax positions $ 0  
Deferred tax assets - noncurrent:    
NOL carryover 2,109,423 $ 4,287,567
Stock based compensation 727,631 576,808
Asset retirement obligation 277,015 350,333
Charitable contribution 814  
Total deferred tax assets 3,114,883 5,214,708
Deferred tax liabilities - current:    
Property and equipment (15,251) (1,990)
Impairment, intangible drilling costs and other exploration costs capitalized (935,482) (1,796,102)
Debt discount - Beneficial conversion feature (337,518)  
Total deferred tax liabilities (1,288,251) (1,798,092)
Net deferred tax assets 1,826,632 3,416,616
Valuation allowance $ (1,826,632) $ (3,416,616)