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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Oil and gas sales $ 346 $ 2,270
Lease operating expenses 928 2,902
Gross loss (582) (632)
Operating expenses:    
Professional services 13,908
Board of directors fees 48,000 48,000
General and administrative 83,301 166,849
Total operating expenses 131,301 228,757
Loss from operations (131,883) (229,389)
Other income (expense):    
Interest expense (12,481) (12,608)
Gain on change in fair value of derivative liabilities 39,049 449,133
Total other income 26,568 436,525
Net income (loss) $ (105,315) $ 207,136
Income (loss) per share:    
Basic (in dollars per share) $ (0.01) $ 0.01
Diluted (in dollars per share) $ (0.01) $ 0.01
Weighted average shares outstanding:    
Basic (in shares) 17,851,879 17,297,372
Diluted (in shares) 17,980,457 17,433,818