COMMON STOCK

9 Months Ended

Sep. 30, 2015

COMMON STOCK:

COMMON STOCK

NOTE 4 – COMMON STOCK

On April 10, 2015, the Company effected a 2:1 forward common stock split. There were 8,357,000 common shares issued and outstanding immediately prior to the forward split and 16,714,000 immediately after. These financial statements have been adjusted retroactively to present the effects of the split.  

On April 28, 2015, the Company issued 152,428 common shares for the acquisition of an oil and gas lease which was valued at $0.075 per share for a total of $11,432. The acquired lease represented 160 net acres. As a result, the company recorded an unproved property asset of $11,432, and no expense was recorded on the income statement. This transaction was reported as a non-cash item on the Company’s statement of cash flows.