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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Sep. 30, 2016
Current assets:    
Cash and cash equivalents $ 258,210 $ 439,544
Account receivable 15,479 0
Prepaid expenses and other 29,505 29,505
Total current assets 303,194 469,049
Oil and gas properties and concession fees 5,173,819 5,173,819
Concession fees Proved properties 385,000 510,000
Furniture and equipment, net of accumulated depreciation of $519,540 and $509,894 at December 31, 2016 and September 30, 2016, respectively 60,435 70,081
Total assets 5,922,448 6,222,949
Current liabilities:    
Accounts payable and accrued liabilities 10,070,034 9,273,608
Accounts payable - related parties 139,375 100,438
Income tax payable 2,739,607 2,739,607
Convertible note payable, net of discount - short term 42,786 181,535
Derivative liability 682,988 770,854
Total current liabilities 13,674,790 13,066,042
Commitments and contingencies:
Shareholders' equity:    
Preferred stock, par value $0.0001; authorized 10,000,000 shares; none issued and outstanding 0 0
Common stock, par value $0.0001; authorized 3,000,000,000 shares; issued and outstanding 972.769,883 and 47,479,975 shares at December 31, 2016 and September 30, 2016, respectively 97,277 4,748
Additional paid-in capital 108,371,019 107,436,940
Accumulated deficits (116,220,638) (114,284,781)
Total shareholders' deficits (7,752,342) (6,843,093)
Total liabilities and shareholders' equity $ 5,922,448 $ 6,222,949