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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:    
Net loss $ (4,499,045) $ (4,747,053)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, depletion and amortization 439,000 790,896
Accretion of discount on asset retirement obligations 94,333 70,375
Amortization of loan servicing fees 1,875 0
Gain on sale of oil and gas properties 0 (27,120)
Impairment expense 0 141,099
Additional acquisition expense realized on settlement with a related party 25,334 85,048
Common stock issued in exchange for services 3,358,000 3,287,648
Changes in operating assets and liabilities:    
Accounts receivable (11,475) 132,041
Prepaid expenses and other 29,522 1,668
Accounts payable:    
Trade accounts payable 68,447 21,531
Accounts payable - DNR Oil & Gas, Inc. (47,842) 161,952
Accounts payable - directors and affiliates 77,616 (20,000)
Settlement of Asset Retirement Obligation (4,530) (28,684)
Other accrued expenses and accrued interest 5,015 33,709
Net cash provided by operating activities (463,750) (96,890)
Cash Flows from Investing Activities:    
Capital expenditures for property and equipment (249) (68,631)
Capital expenditures for acquisitions of oil and gas properties 0 (1,100,000)
Proceeds from sale of oil & gas properties 0 50,000
Net cash used in investing activities (249) (1,118,631)
Cash Flows from Financing Activities:    
Proceeds from notes payable 250,500 67,000
Principal payments on notes payable (147,826) (25,568)
Proceeds received from subscription receivable 105,000 0
Preferred stock dividends paid (143,971) 0
Proceeds received from issuance of Series A Two Preferred Stock 50,000 1,665,000
Net cash provided by financing activities 113,703 1,706,432
Net increase (decrease) in cash and equivalents (350,296) 490,911
Cash and equivalents, beginning of period 521,666 30,755
Cash and equivalents, end of period 171,370 521,666
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 84,395 83,136
Accrued dividends 47,990 0
Series A preferred stock issued for debt settlement – related party 0 900,000
Common Stock issued for directors fees payable 0 20,900
Common stock issued for loan closing costs 7,500 0
Common stock issued for asset purchase $ 0 $ 100,000