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STOCK
12 Months Ended
Dec. 31, 2014
STOCK  
STOCK

NOTE 4 – STOCK

 

The Company is authorized to issue up to 10,000,000 shares of $0.0001 par value preferred stock and 65,000,000 shares of $0.0001 par value common stock.

 

During the period ended December 31, 2013, the Company issued a total of 7,977,000 common shares in exchange for services valued at $798; 50,000 common shares for the acquisition of an oil and gas lease valued at $24,000 and a total of 130,000 common shares for net cash proceeds of $16,500.

 

During the year ended December 31, 2014, the Company issued a total of 80,000 common shares in exchange for services valued at $12,000 and 120,000 common shares for net cash proceeds of $18,000.

 

There were no shares of preferred stock issued or outstanding at December 31, 2014 or 2013. There were 8,357,000 and 8,157,000 shares of common stock issued and outstanding at December 31, 2014 and 2013, respectively.