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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (436,810) $ (664,177)
Adjustments to reconcile net loss to net cash used in operating activities    
Accretion of asset retirement obligations 0 1,208
Amortization of deferred financing costs 0 6,237
Amortization of debt discount 0 40,296
Depletion, accretion, depreciation and amortization 193 23,833
Stock based compensation 25,000 170,697
Change in operating assets and liabilities    
Accounts receivable 0 6,099
Management fee receivable - affiliate 0 (1,077)
Prepaid expenses 6,750 2,457
Accounts payable (109,947) 111,267
Accrued liabilities - related parties 0 (179,126)
Accrued liabilities 18,326 (341,091)
Accrued interest on note payable - affiliate 46,700 6,400
Net cash used in operating activities (449,788) (816,977)
CASH FLOWS FROM FINANCING ACTIVITIES    
Non-controlling interest contributions 0 660,000
Debt financing proceeds - affiliate 467,000 320,000
Principal payments of debt financing 0 (199,000)
Contributions - affiliate 55,000 0
Conversion and redemption of preferred stock (76,271) 0
Net cash provided by financing activities 445,729 781,000
Net change in cash and cash equivalents (4,059) (35,977)
Beginning cash and cash equivalents 24,383 56,456
Ending cash and cash equivalents 20,324 20,479
Cash paid for:    
Interest 0 12,458
Non-cash investing and financing activities:    
Accrued interest 58,316 18,145
Accrued capital expenditures 0 197,615
Revisions to depreciation $ 0 $ 7,570