Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	5 Months Ended	9 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (326,744)	$ (1,585,647)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment of oil and natural gas properties	43,938	481,983
Gain)/(Loss) on changes in fair value of derivatives	0	369,023
Stock-based compensation	11,088	99,783
Amortization of prepaid assets	0	(13,128)
Changes in operating assets and liabilities:
Accounts receivable	0	1,782
Accounts payable and accrued expenses	16,482	24,928
Registration rights liability	0	(18,225)
Due to related parties	4,288	(11,292)
Accrued interest	0	493
NET CASH USED IN OPERATIONS	(250,948)	(650,300)
CASH FLOWS FROM INVESTING ACTIVITIES
Payments of net liabilities from Westcott in reverse merger	(151,044)	0
Proceeds from sale of acreage	0	4,000
Cash paid for oil and gas properties	(43,938)	(541,044)
CASH USED IN INVESTING ACTIVITIES	(194,982)	(537,044)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds received from notes payable	0	97,500
Proceeds from issuance of convertible preferred stock, net of offering costs	1,990,000
Payment of dividends on preferred stock	(13,018)	(60,495)
CASH PROVIDED BY FINANCING ACTIVITIES	1,976,982	37,005
NET CHANGE IN CASH AND CASH EQUIVALENTS	1,531,052	(1,150,339)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	0	1,182,024
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,531,052	31,685
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes	0	0
Interest	0	0
NONCASH INVESTING AND FINANCING ACTIVITIES
Issuance of common stock for oil and natural gas properties	1,898,947	0
Fair value of common shares issued upon conversion of preferred stock	0	18,756
Derivative liabilities related to preferred stock and warrants	817,807	0
Increase in unproved oil and gas properties through accounts payable	$ 0	$ 76,725