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STOCK
12 Months Ended
Dec. 31, 2015
Equity:  
Stockholders' Equity Note Disclosure

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 year ended December 31, 2014, the Company issued a total of 160,000 common shares in exchange for services valued at $12,000 and 240,000 common shares for net cash proceeds of $18,000.

 

During the year ended December 31, 2015, the Company issued a total of 152,428 common shares in exchange for an oil and gas lease valued at $11,432.

 

There were no shares of preferred stock issued or outstanding at December 31, 2015 or 2014. There were 16,866,428 and 16,714,000 shares of common stock issued and outstanding at December 31, 2015 and 2014, respectively.

 

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.