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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (498,666) $ (1,658,401)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization of debt discount and financing warrants 10,206 10,206
Accretion of asset retirement obligations 1,080 3,057
Depreciation, depletion, amortization, and accretion 48,019 75,199
Impairment of oil and natural gas properties 0 5,496
Stock based compensation 23,415 38,027
Stock grants in exchange for services 0 58,900
Change in operating assets and liabilities    
Accounts receivable (720) 9,158
Accounts receivable - affiliate (1,336) (689)
Prepaid expense 1,746 7,529
Accounts payable 113,285 41,108
Accounts liabilities - related parties 199,571 (200,777)
Accrued liabilities (153,390) 7,328
Net cash used in operating activities (256,790) (1,603,859)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Lease purchases, drilling capital expenditures (19,523) (147,562)
Net cash used in investing activities (19,523) (147,562)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Non-controlling interest contributions 302,000 1,925,000
Net cash provided by financing activities 302,000 1,925,000
Net Change in Cash and Cash Equivalents 25,687 173,579
Beginning Cash and Cash Equivalents 2,384 2,941
Ending Cash and Cash Equivalents 28,071 176,520
Cash paid for:    
Interest 11,239 8,500
Non-cash investing and financing activities:    
Asset retirement obligation 0 2,506
Accrued capital expenditures $ 344,495 $ 1,022,359