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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (12,236,137) $ (1,278,349)
Adjustments to reconcile net loss to net cash used in operating activities    
Accretion of asset retirement obligations 0 1,655
Amortization of deferred financing costs 0 6,237
Amortization of debt discount 0 124,055
Depletion, accretion, depreciation and amortization 312 60,645
Stock based compensation 11,331,602 179,034
Change in operating assets and liabilities    
Accounts receivable 0 15,407
Management fee receivable - affiliate 0 (1,899)
Prepaid expenses 20,986 (16,764)
Accounts payable (97,467) 150,107
Accrued liabilities - related parties 0 (216,357)
Accrued liabilities 39,305 (357,789)
Accrued interest on note payable - affiliate 98,700 15,719
Net cash used in operating activities (842,699) (1,318,299)
CASH FLOWS FROM FINANCING ACTIVITIES    
Non-controlling interest contributions 0 1,305,000
Debt financing proceeds - affiliate 987,000 320,000
Principal payments of debt financing 0 (316,000)
Contributions - affiliate 55,000 0
Conversion and redemption of preferred stock (190,163) 0
Net cash provided by financing activities 851,837 1,309,000
Net change in cash and cash equivalents 9,138 (9,299)
Beginning cash and cash equivalents 24,383 56,456
Ending cash and cash equivalents 33,521 47,157
Cash paid for:    
Interest 0 18,362
Non-cash investing and financing activities:    
Accrued interest and amortization of debt discount 122,061 163,392
Accrued capital expenditures 0 173,568
Revisions to asset retirement obligations 0 7,570
Receivable for stock subscription $ (4,555,000) $ 0