XML 106 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Sep. 30, 2015
Current Assets    
Cash $ 10,722 $ 2,874
Receivables 0 1,071
Prepaid expenses 500 34,442
Total current assets 11,222 38,387
Oil and natural gas properties, at cost, using the full cost method of accounting, unproved 190,000 608,000
TOTAL ASSETS 201,222 646,387
Current Liabilities    
Notes payables 151,879 100,985
Accounts payable and accrued expenses 122,241 228,680
Total current liabilities 274,120 329,665
Derivative liabilities 0 54,240
Total liabilities 274,120 383,905
Commitments and contingencies
Series A 6% preferred convertible stock 1,302,925 1,302,925
Stockholders' Deficit    
Common Stock 3,956 12,524
Additional paid-in capital 1,568,731 1,789,285
Accumulated deficit (2,948,510) (2,842,252)
Total stockholders' deficit (1,375,823) (1,040,443)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 201,222 $ 646,387