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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES  
Net loss $ (326,744)
Adjustments to reconcile net loss to net cash from operating activities:  
Impairment of oil and natural gas properties 43,938
Stock-based compensation 11,088
Accounts payable 16,482
Due to related parties 4,288
NET CASH USED IN OPERATING ACTIVITIES (250,948)
CASH FLOWS FROM INVESTING ACTIVITIES  
Payment of net liabilites from Westcott in Reverse Merger (151,044)
Cash paid for oil and natural gas properties (43,938)
CASH USED IN INVESTING ACTIVITIES (194,982)
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from issuance of convertible preferred stock, net of offering costs 1,990,000
Payment of dividends on preferred stock 13,018
CASH PROVIDED BY FINANCING ACTIVITIES 1,976,982
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,531,052
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 0
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,531,052
SUPPLEMENTAL CASH FLOW INFORMATION  
Interest paid 0
Income taxes paid 0
NONCASH INVESTING AND FINANCING ACTIVITIES  
Issuance of common stock for oil and natural gas properties 1,898,947
Derivative liabilities related to preferred stock and warrants $ 817,807