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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss $ (1,883,477) $ (1,275,846) $ (1,906,599) $ (4,905,518)
Adjustments to reconcile net loss to net cash used in operating activities        
Accretion and revisions of asset retirement obligations 9,118 2,129 2,670 66,172
Amortization of debt discount 210,000 0    
Amortization of debt discount and financing warrants 6,237 30,617 40,823 40,823
Depletion, depreciation, and amortization 78,234 106,887 132,339 570,337
Gain on settlement of asset retirement obligation     (27,850) (3,721)
Gain on sale of oil and gas properties     (125,774) 0
Gain from legal settlement agreement     0 (637,248)
Impairment of oil and natural gas properties 0 0 0 867,048
Stock based compensation 236,221 72,071 86,733 567,112
Stock grants in exchange for services     0 169,210
Change in operating assets and liabilities        
Accounts receivable 6,624 (5,677) (6,689) 3,875
Management fee receivable - affiliate (70,272) (3,413) (5,972) (7,217)
Prepaid expense (145) 5,238 (1,217) 13,112
Accounts payable 151,736 (418,151) (1,112,210) 876,507
Accrued liabilities - related parties (255,441) 326,127 684,794 327,245
Accrued liabilities (7,422) (125,515) 211,872 313,410
Accrued interest note payable - affiliate 50,000 0    
Net cash used in operating activities (1,468,587) (1,350,357) (2,027,080) (1,738,853)
CASH FLOWS FROM INVESTING ACTIVITIES:        
Lease purchases, drilling capital expenditures 0 (18,442) (18,442) (1,058,704)
Proceeds from sale of assets 0 8,294 97,094 0
Revisions of furniture and fixtures 3,261 0    
Net cash provided used by investing activities 3,261 (10,148) 78,652 (1,058,704)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Non-controlling interest contributions 1,170,000 1,372,000 2,112,000 2,917,000
Debt financing proceeds - affiliate 820,000 0    
Principal payments on debt financing     (109,500) (120,000)
Principal payments of debt financing (570,500) (8,000)    
Net cash provided by financing activities 1,419,500 1,364,000 2,002,500 2,797,000
Net Change in Cash and Cash Equivalents (45,826) 3,495 54,072 (557)
Beginning Cash and Cash Equivalents 56,456 2,384 2,384 2,941
Ending Cash and Cash Equivalents 10,630 5,879 56,456 2,384
Cash paid for:        
Interest 20,469 33,633 46,056 40,053
Non-cash investing and financing activities:        
Interest - Accrued interest on Roger's settlement 274,264 0 88,060 0
Accrued capital expenditures 0 233,323 $ 230,661 $ 293,304
Revisions to depreciation 4,864 0    
Intangible Assets $ 17,630,000 $ 0