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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 5 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2014
Jun. 30, 2015
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 150,201 260,151 282,806 600,373
Impairment of oil and natural gas properties 116,860 43,938 43,938 481,983
Total costs and expenses 267,061 304,089 326,744 1,082,356
Net loss from operations (267,061) (304,089) (326,744) (1,082,356)
Non-operating expenses:        
Gain/(loss) on derivative valuation (490,264) 0 0 (369,023)
Interest expense (610) 0 0 (610)
Registration rights payment 0 0 0 (133,658)
Total non-operating income (490,874) 0 0 (503,291)
Net loss (757,935) (304,089) (326,744) (1,585,647)
Dividends on preferred stock (30,375) (13,018) (13,018) (90,870)
Net loss attributable to common stock $ (788,310) $ (317,107) $ (339,762) $ (1,676,517)
Basic and diluted loss per share $ (0.06) $ (0.06) $ (0.12) $ (0.13)
Weighted average number of shares outstanding, basic and diluted 12,524,286 5,302,198 2,942,073 12,520,105