10-K Filing

STRATEX OIL & GAS HOLDINGS, INC. CIK: 1482361 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001213900-13-001675`
Period End Date	20121231
Filing Date	20130405
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	fil-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 43 Cash Flow Statement 102 Stockholders Equity 27

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Series A, convertible preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A, convertible preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A, convertible preferred stock, Shares Authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Series A, convertible preferred stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00	shares	Point-in-time
Series A, convertible preferred stock, Shares Issued	`PreferredStockSharesIssued`	100.00	shares	Point-in-time
Cash	`Cash`	$585.80K	USD	Point-in-time
Cash	`Cash`	$75.10K	USD	Point-in-time
Series A, convertible preferred stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable - net	`AccountsReceivableNet`	$28.34K	USD	Point-in-time
Series A, convertible preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Series A, convertible preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	100.00	shares	Point-in-time
Accounts receivable - net	`AccountsReceivableNet`	$108.59K	USD	Point-in-time
Inventory	`InventoryNet`	$43.19K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventory	`InventoryNet`	$24.07K	USD	Point-in-time
Subscriptions receivable	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Subscriptions receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$15.40K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	26.48M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.80K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$38.83K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	44.28M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	26.48M	shares	Point-in-time
Debt issuance costs	`DebtIssuanceCost`	-	USD	Point-in-time
Debt issuance costs	`DebtIssuanceCost`	$24.46K	USD	Point-in-time
Debt issuance costs	`DebtIssuanceCost`	-	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	44.28M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$698.99K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$246.59K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$10.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$10.00K	USD	Point-in-time
Proven property - net	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$595.55K	USD	Point-in-time
Proven property - net	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$586.65K	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$2.06M	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$2.19M	USD	Point-in-time
Furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$1.54K	USD	Point-in-time
Furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$994.00	USD	Point-in-time
Total Assets	`Assets`	$2.90M	USD	Point-in-time
Total Assets	`Assets`	$3.50M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$117.74K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$419.66K	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	$180.00K	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	-	USD	Point-in-time
Notes payable - net of debt discount	`NotesPayableCurrent`	$148.73K	USD	Point-in-time
Notes payable - net of debt discount	`NotesPayableCurrent`	$1.11M	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$316.92K	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$593.55K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.55M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.34M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.34M	USD	Point-in-time
Series A, convertible preferred stock, $0.0001 par value; 100 and 0 shares authorized, issued and outstanding at December 31, 2012 and 2011, respectively	`PreferredStockValue`	$1.00	USD	Point-in-time
Series A, convertible preferred stock, $0.0001 par value; 100 and 0 shares authorized, issued and outstanding at December 31, 2012 and 2011, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 44,281,127 and 26,476,293 shares issued and outstanding at December 31, 2012 and 2011, respectively	`CommonStockValue`	$442.81K	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 44,281,127 and 26,476,293 shares issued and outstanding at December 31, 2012 and 2011, respectively	`CommonStockValue`	$264.76K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.67M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$9.77M	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$984.56K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$8.66M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.56M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.95M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$2.90M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.50M	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$1.20M	USD	8 Qtrs
Revenues	`SalesRevenueNet`	$959.39K	USD	Annual
Revenues	`SalesRevenueNet`	$240.12K	USD	Annual
Production expenses	`ExplorationExpense`	$337.11K	USD	8 Qtrs
Production expenses	`ExplorationExpense`	$101.27K	USD	Annual
Production expenses	`ExplorationExpense`	$235.84K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$484.85K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$110.79K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$595.65K	USD	8 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$828.23K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.29M	USD	8 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.46M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$1.06M	USD	8 Qtrs
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$1.06M	USD	Annual
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	$455.81K	USD	8 Qtrs
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	$455.81K	USD	Annual
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	-	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$1.04M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$7.70M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$8.74M	USD	8 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-6.74M	USD	Annual
Loss From Operations	`OperatingIncomeLoss`	$-7.54M	USD	8 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-800.16K	USD	Annual
Interest income	`InvestmentIncomeNet`	-	USD	Annual
Interest income	`InvestmentIncomeNet`	$700.00	USD	Annual
Interest income	`InvestmentIncomeNet`	$700.00	USD	8 Qtrs
Interest expense	`InterestExpense`	$858.69K	USD	8 Qtrs
Interest expense	`InterestExpense`	$183.69K	USD	Annual
Interest expense	`InterestExpense`	$675.00K	USD	Annual
Change in fair value - derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-258.85K	USD	Annual
Change in fair value - derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-702.00	USD	Annual
Change in fair value - derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-259.55K	USD	8 Qtrs
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-184.39K	USD	Annual
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-1.12M	USD	8 Qtrs
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-933.15K	USD	Annual
Net Loss	`NetIncomeLoss`	$-984.56K	USD	Annual
Net Loss	`NetIncomeLoss`	$-8.66M	USD	8 Qtrs
Net Loss	`NetIncomeLoss`	$-7.67M	USD	Annual
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	Annual
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	Annual
Weighted Average Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	34.74M	shares	Annual
Weighted Average Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.12M	shares	Annual

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-984.56K	USD	Annual
Net loss	`NetIncomeLoss`	$-8.66M	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-7.67M	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$484.85K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$110.79K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$595.65K	USD	8 Qtrs
Stock based compensation	`ShareBasedCompensation`	$75.00K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$3.95M	USD	8 Qtrs
Stock based compensation	`ShareBasedCompensation`	$3.88M	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$34.50K	USD	8 Qtrs
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$10.04K	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$24.46K	USD	Annual
Accretion of debt discount	`AccretionOfDiscount`	$560.74K	USD	8 Qtrs
Accretion of debt discount	`AccretionOfDiscount`	$423.08K	USD	Annual
Accretion of debt discount	`AccretionOfDiscount`	$137.66K	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$1.06M	USD	8 Qtrs
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$1.06M	USD	Annual
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	$455.81K	USD	8 Qtrs
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	$455.81K	USD	Annual
Loss on abandonment of oil and gas assets	`AccretionExpenseIncludingAssetRetirementObligations`	-	USD	Annual
Change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-258.85K	USD	Annual
Change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-702.00	USD	Annual
Change in fair value of derivative liabilities	`IncreaseDecreaseInFairValueOfUnhedgedDerivativeInstruments`	$-259.55K	USD	8 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$108.59K	USD	8 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$80.25K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.34K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$37.03K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$38.83K	USD	8 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.80K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$43.19K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$24.07K	USD	8 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-19.12K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$328.08K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$121.89K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$449.97K	USD	8 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.46M	USD	8 Qtrs
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-856.50K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-601.80K	USD	Annual
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$2.88M	USD	Annual
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$1.40M	USD	Annual
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$4.28M	USD	8 Qtrs
Deposit on property	`DepositOnProperty`	-	USD	Annual
Deposit on property	`DepositOnProperty`	$-10.00K	USD	Annual
Deposit on property	`DepositOnProperty`	$-10.00K	USD	8 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquireFurnitureAndFixtures`	-	USD	Annual
Purchase of furniture and equipment	`PaymentsToAcquireFurnitureAndFixtures`	$1.63K	USD	Annual
Purchase of furniture and equipment	`PaymentsToAcquireFurnitureAndFixtures`	$1.63K	USD	8 Qtrs
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.89M	USD	Annual
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.40M	USD	Annual
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.29M	USD	8 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$335.00K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.47M	USD	8 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.13M	USD	Annual
Repayments on notes payable	`RepaymentsOfNotesPayable`	$100.00K	USD	Annual
Repayments on notes payable	`RepaymentsOfNotesPayable`	$330.00K	USD	8 Qtrs
Repayments on notes payable	`RepaymentsOfNotesPayable`	$230.00K	USD	Annual
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	$34.50K	USD	8 Qtrs
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	$34.50K	USD	Annual
Sale of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	$1.51M	USD	Annual
Sale of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	$2.24M	USD	Annual
Sale of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	$3.75M	USD	8 Qtrs
Stock issuance costs paid in cash	`PaymentsOfStockIssuanceCosts`	$25.70K	USD	8 Qtrs
Stock issuance costs paid in cash	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Stock issuance costs paid in cash	`PaymentsOfStockIssuanceCosts`	$25.70K	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.75M	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.83M	USD	8 Qtrs
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.08M	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-510.70K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$75.10K	USD	8 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$585.80K	USD	Annual
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.10K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$585.80K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$585.80K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$4.22K	USD	Annual
Cash paid for interest	`InterestPaid`	$8.14K	USD	8 Qtrs
Cash paid for interest	`InterestPaid`	$3.92K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	8 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$1.17M	USD	Annual
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$1.79M	USD	8 Qtrs
Conversion of notes payable and accrued interest to common stock	`DebtConversionConvertedInstrumentAmount1`	$619.42K	USD	Annual
Issuance of common stock for a subscription receivable	`IssuanceOfCommonStockForSubscriptionReceivable`	$30.80K	USD	8 Qtrs
Issuance of common stock for a subscription receivable	`IssuanceOfCommonStockForSubscriptionReceivable`	$15.40K	USD	Annual
Issuance of common stock for a subscription receivable	`IssuanceOfCommonStockForSubscriptionReceivable`	$15.40K	USD	Annual
Purchase of property for common stock	`PurchaseOfPropertyForCommonStock`	$468.75K	USD	8 Qtrs
Purchase of property for common stock	`PurchaseOfPropertyForCommonStock`	$18.75K	USD	Annual
Purchase of property for common stock	`PurchaseOfPropertyForCommonStock`	$450.00K	USD	Annual
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$288.75K	USD	Annual
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$138.00K	USD	Annual
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$426.75K	USD	8 Qtrs
Derivative liability recorded to debt discount at issuance of notes payable	`DerivativeLiabilityRecordedToDebtDiscountAtIssuanceOfNotesPayable`	$334.00K	USD	8 Qtrs
Derivative liability recorded to debt discount at issuance of notes payable	`DerivativeLiabilityRecordedToDebtDiscountAtIssuanceOfNotesPayable`	$316.22K	USD	Annual
Derivative liability recorded to debt discount at issuance of notes payable	`DerivativeLiabilityRecordedToDebtDiscountAtIssuanceOfNotesPayable`	$17.78K	USD	Annual
Reclass convertible note to demand note	`ReclassConvertibleNoteToDemandNote`	-	USD	Annual
Reclass convertible note to demand note	`ReclassConvertibleNoteToDemandNote`	$180.00K	USD	Annual
Reclass convertible note to demand note	`ReclassConvertibleNoteToDemandNote`	$180.00K	USD	8 Qtrs

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Series "A" Preferred stock issued for services, per share	`SeriesPreferredStockIssuedForServicesParValuePerShare`	$1.94K	USD	Annual
Beginning Balance	`StockholdersEquity`	-	USD	Point-in-time
Common stock issued for subscription receivable, per share	`CommonStockIssuedForSubscriptionReceivableParValuePerShare`	$0.01	USD	Annual
Beginning Balance	`StockholdersEquity`	$1.56M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.95M	USD	Point-in-time
Series "A" Preferred stock issued for services ($1,941.77/share)	`StockIssuedDuringPeriodValuePreferredStockForServices`	$8.29K	USD	Annual
Series "A" Preferred stock issued for services ($1,941.77/share), Shares	`StockIssuedDuringPeriodSharesPreferredStockForServices`	100.00	shares	Annual
Common stock issued for cash	`StockIssuedDuringPeriodValueIssuedForCash`	$1.50M	USD	Annual
Common stock issued for cash	`StockIssuedDuringPeriodValueIssuedForCash`	$2.24M	USD	Annual
Common stock issued for subscription receivable ($0.014/share)	`StockIssuedDuringPeriodValueOther`	$15.40K	USD	Annual
Common stock issued for property	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$18.75K	USD	Annual
Conversion of notes payable and interest to common stock	`StockIssuedDuringPeriodValueConversionOfNotesPayableAndInterestToCommonStock`	$619.15K	USD	Annual
Conversion of notes payable and interest to common stock	`StockIssuedDuringPeriodValueConversionOfNotesPayableAndInterestToCommonStock`	$1.17M	USD	Annual
Stock issued with promissory note	`StockIssuedDuringPeriodValueIssuedWithPromissoryNote`	$500.00K	USD	Annual
Stock issued to acquire oil and gas assets	`StockIssuedDuringPeriodValueStockIssuedToAcquireOilAndGasAssets`	$450.00K	USD	Annual
Stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$1.28M	USD	Annual
Stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$75.00K	USD	Annual
Stock issuance costs	`PaymentOfStockIssuanceCosts`	$-210.00K	USD	Annual
Stock issuance costs	`PaymentOfStockIssuanceCosts`	$-25.70K	USD	Annual
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.57M	USD	Annual
Stock issued in reverse merger	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-984.56K	USD	Annual
Net loss	`NetIncomeLoss`	$-8.66M	USD	8 Qtrs
Net loss	`NetIncomeLoss`	$-7.67M	USD	Annual
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$1.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.95M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.