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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 470
Prepaid assets 5,000
Total current assets 5,470
Oil and gas property, unproved, full cost 1,030,000 10,000
Total assets 1,035,470 10,000
Current liabilities    
Accounts payable 507,385 300,428
Accounts payable and accrued expenses - related party 52,088 3,687
Interest payable 28,698 33,653
Short term advance from related party 1,000 397
Short-term Non-bank Loans and Notes Payable 1,160,000 50,000
Derivative liability 48,888 65,289
Current portion of convertible credit line payable – related party, net of discount of $8,321 and $0, respectively 140,007
Total current liabilities 1,938,066 453,454
Convertible credit line payable – related party, net of discount of $0 and $17,396, respectively 113,182
Asset retirement obligation 843 786
Total liabilities 1,938,909 567,422
Commitments and contingencies
Stockholders' deficit    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding
Common stock, $0.0001 par value, 65,000,000 shares authorized and 18,051,428 and 17,822,428 shares issued and outstanding, respectively 1,807 1,783
Additional paid in capital 1,983,973 1,754,997
Accumulated deficit (2,889,219) (2,314,202)
Total stockholder deficit (903,439) (557,422)
Total liabilities and stockholders' deficit $ 1,035,470 $ 10,000