10-K/A Filing

STRATEX OIL & GAS HOLDINGS, INC. CIK: 1482361 FY 2014

Filing Information

Form Type	10-K/A
Accession Number	`0001213900-15-005253`
Period End Date	20141231
Filing Date	20150717
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	sttx-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 38 Cash Flow Statement 106 Stockholders Equity 32

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Series A preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A preferred stock, shares authorized	`PreferredStockSharesAuthorized`	400.00	shares	Point-in-time
Series A preferred stock, shares authorized	`PreferredStockSharesAuthorized`	400.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$609.06K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$75.10K	USD	Point-in-time
Series A Preferred stock, shares issued	`PreferredStockSharesIssued`	100.00	shares	Point-in-time
Series A Preferred stock, shares issued	`PreferredStockSharesIssued`	100.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$18.22K	USD	Point-in-time
Series A Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	60.00	shares	Point-in-time
Series A Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$448.70K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.80K	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
Prepaid expenses	`PrepaidExpenseCurrent`	$39.59K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$630.08K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.43M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$10.03K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$128.81K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.69M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.90M	shares	Point-in-time
Debt issuance costs	`DebtIssuanceCostOne`	$1.89M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.69M	shares	Point-in-time
Debt issuance costs	`DebtIssuanceCostOne`	-	USD	Point-in-time
Treasury stock shares, Series A, preferred stock	`TreasuryStockShares`	40.00	shares	Point-in-time
Treasury stock shares, Series A, preferred stock	`TreasuryStockShares`	40.00	shares	Point-in-time
Proven property - net	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$755.68K	USD	Point-in-time
Proven property - net	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$9.83M	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$10.95M	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.52M	USD	Point-in-time
Support facilities and related well equipment - net	`CapitalizedCostsSupportEquipmentAndFacilities`	$138.08K	USD	Point-in-time
Support facilities and related well equipment - net	`CapitalizedCostsSupportEquipmentAndFacilities`	$2.65M	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$994.00	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$2.38K	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$122.31K	USD	Point-in-time
Total Assets	`Assets`	$3.06M	USD	Point-in-time
Total Assets	`Assets`	$28.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$904.62K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.61M	USD	Point-in-time
Liability to be issued in stock	`LiabilityToBeIssuedInStock`	$9.00K	USD	Point-in-time
Liability to be issued in stock	`LiabilityToBeIssuedInStock`	-	USD	Point-in-time
Due to former officer - current	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Due to former officer - current	`DueToOfficersOrStockholdersCurrent`	$715.00K	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	$216.00K	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	$322.57K	USD	Point-in-time
Current maturities of notes payable - net of debt discount	`NotesPayableCurrent`	-	USD	Point-in-time
Current maturities of notes payable - net of debt discount	`NotesPayableCurrent`	$573.09K	USD	Point-in-time
Current maturities of convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$138.18K	USD	Point-in-time
Current maturities of convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	$88.00K	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$128.83K	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$76.67K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.86M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.92M	USD	Point-in-time
Due to former officer	`DueToOfficersOrStockholdersNoncurrent`	$84.00K	USD	Point-in-time
Due to former officer	`DueToOfficersOrStockholdersNoncurrent`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$34.00K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$639.35K	USD	Point-in-time
Notes payable - net of debt discount	`LongTermNotesPayable`	$1.26M	USD	Point-in-time
Notes payable - net of debt discount	`LongTermNotesPayable`	$790.53K	USD	Point-in-time
Convertible notes payable, net of debt discount	`ConvertibleLongTermNotesPayable`	$18.66M	USD	Point-in-time
Convertible notes payable, net of debt discount	`ConvertibleLongTermNotesPayable`	-	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$908.53K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$20.56M	USD	Point-in-time
Total Liabilities	`Liabilities`	$25.42M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.83M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A, convertible preferred stock, $0.0001 par value; 400 shares authorized; 100 shares issued; 0 and 60 shares outstanding, respectively	`PreferredStockValue`	$1.00	USD	Point-in-time
Series A, convertible preferred stock, $0.0001 par value; 400 shares authorized; 100 shares issued; 0 and 60 shares outstanding, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 116,904,004 and 46,692,376 shares issued and outstanding, respectively	`CommonStockValue`	$466.92K	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 116,904,004 and 46,692,376 shares issued and outstanding, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.32M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$13.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.90M	USD	Point-in-time
Less: Treasury stock, 40 shares Series A, convertible preferred stock, at cost	`TreasuryStockValue`	$20.00K	USD	Point-in-time
Less: Treasury stock, 40 shares Series A, convertible preferred stock, at cost	`TreasuryStockValue`	$20.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$227.30K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.58M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.56M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$28.00M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.06M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$847.26K	USD	Annual
Revenue	`SalesRevenueNet`	$1.09M	USD	Annual
Production expenses	`OtherGeneralExpense`	$268.08K	USD	Annual
Production expenses	`OtherGeneralExpense`	$806.19K	USD	Annual
Exploration expenses	`ExplorationExpense`	$10.74K	USD	Annual
Exploration expenses	`ExplorationExpense`	-	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$210.86K	USD	Annual
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$150.10K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$4.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.24M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$3.70M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$753.87K	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	-	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$1.04M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$5.58M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$12.01M	USD	Annual
Loss From Operations	`OperatingIncomeLoss`	$-10.92M	USD	Annual
Loss From Operations	`OperatingIncomeLoss`	$-4.73M	USD	Annual
Interest income	`InterestIncomeOperating`	$80.95K	USD	Annual
Interest income	`InterestIncomeOperating`	$25.00	USD	Annual
Interest expense	`InterestExpense`	$1.32M	USD	Annual
Interest expense	`InterestExpense`	$4.45M	USD	Annual
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-52.15K	USD	Annual
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$516.88K	USD	Annual
Gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$450.00K	USD	Annual
Gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$275.00K	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$108.60K	USD	Annual
Other income, net	`OtherNonoperatingIncome`	$795.36K	USD	Annual
Other income, net	`OtherNonoperatingIncome`	$12.96K	USD	Annual
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-3.07M	USD	Annual
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-513.19K	USD	Annual
Net Loss	`NetIncomeLoss`	$-5.24M	USD	Annual
Net Loss	`NetIncomeLoss`	$-13.99M	USD	Annual
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	Annual
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	Annual
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	44.79M	shares	Annual
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	56.50M	shares	Annual

Cash Flow Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.24M	USD	Annual
Net loss	`NetIncomeLoss`	$-13.99M	USD	Annual
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$210.86K	USD	Annual
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$150.10K	USD	Annual
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$374.00	USD	Annual
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	-	USD	Annual
Bad debt	`ProvisionForDoubtfulAccounts`	$26.65K	USD	Annual
Bad debt	`ProvisionForDoubtfulAccounts`	-	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$2.38M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$2.52M	USD	Annual
Warrant amendment expense	`WarrantAmendmentExpense`	$18.21K	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	-	USD	Annual
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$954.85K	USD	Annual
Write off of goodwill	`GoodwillImpairmentLoss`	$32.79K	USD	Annual
Accretion of debt discount	`AccretionOfDebtDiscount`	$1.25M	USD	Annual
Accretion of debt discount	`AccretionOfDebtDiscount`	$1.78M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$3.70M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$753.87K	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	-	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$1.04M	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Gain on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$108.60K	USD	Annual
Gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$450.00K	USD	Annual
Gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$275.00K	USD	Annual
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-52.15K	USD	Annual
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$516.88K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-90.37K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$269.15K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-36.77K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-36.03K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	-	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-24.07K	USD	Annual
Deposits	`IncreaseDecreaseInDeposits`	$-25.00	USD	Annual
Deposits	`IncreaseDecreaseInDeposits`	$-51.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$484.96K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-228.46K	USD	Annual
Due to former officer	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$799.00K	USD	Annual
Due to former officer	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-799.00K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-66.05K	USD	Annual
Net Cash Used In Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.53M	USD	Annual
Cash received from acquisition of Richfield Oil & Gas, Inc.	`CashAcquiredFromAcquisition`	-	USD	Annual
Cash received from acquisition of Richfield Oil & Gas, Inc.	`CashAcquiredFromAcquisition`	$6.01K	USD	Annual
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$1.16M	USD	Annual
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$5.37M	USD	Annual
Proceeds from sale of oil and gas interests	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	-	USD	Annual
Proceeds from sale of oil and gas interests	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$450.00K	USD	Annual
Proceeds from sale of oil and gas properties	`ProceedsFromSaleOfOilAndGasProperties`	$815.00K	USD	Annual
Proceeds from sale of oil and gas properties	`ProceedsFromSaleOfOilAndGasProperties`	-	USD	Annual
Purchase of vehicles	`PurchaseOfVehicle`	$36.00K	USD	Annual
Purchase of vehicles	`PurchaseOfVehicle`	-	USD	Annual
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.31K	USD	Annual
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.22K	USD	Annual
Cash Provided to Richfield Oil & Gas, Inc.	`UseOfRestrictedCashForAcquisitionOfOilAndGasProperty`	$4.47M	USD	Annual
Cash Provided to Richfield Oil & Gas, Inc.	`UseOfRestrictedCashForAcquisitionOfOilAndGasProperty`	-	USD	Annual
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-351.24K	USD	Annual
Net Cash Used In Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.43M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$400.00K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.63M	USD	Annual
Repayments on notes payable	`RepaymentsOfNotesPayable`	$688.75K	USD	Annual
Repayments on notes payable	`RepaymentsOfNotesPayable`	$188.86K	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	-	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	$-18.00M	USD	Annual
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	$1.93M	USD	Annual
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Sale of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Sale of common stock for cash	`ProceedsFromIssuanceOfCommonStock`	$35.00K	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$-25.00K	USD	Annual
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	-	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$16.28M	USD	Annual
Net Cash Provided By Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$951.25K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.33M	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$533.96K	USD	Annual
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$609.06K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$609.06K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.10K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$1.14M	USD	Annual
Cash paid for interest	`InterestPaid`	$65.22K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual
Conversion of notes payable and accrued interest to common stock	`NotesAndAccruedInterestConversionConvertedInstrumentAmount`	$36.00K	USD	Annual
Conversion of notes payable and accrued interest to common stock	`NotesAndAccruedInterestConversionConvertedInstrumentAmount`	-	USD	Annual
Issuance of common stock and warrants for acquisition of Richfield Oil & Gas, Inc.	`IssuanceOfCommonStockAndWarrantsForAcquisition`	-	USD	Annual
Issuance of common stock and warrants for acquisition of Richfield Oil & Gas, Inc.	`IssuanceOfCommonStockAndWarrantsForAcquisition`	$8.61M	USD	Annual
Issuance of common stock to settle liabilities	`IssuanceOfCommonStockToSettleLiabilities`	-	USD	Annual
Issuance of common stock to settle liabilities	`IssuanceOfCommonStockToSettleLiabilities`	$196.20K	USD	Annual
Purchase of property for common stock	`PurchaseOfPropertyForCommonStock`	$18.00K	USD	Annual
Purchase of property for common stock	`PurchaseOfPropertyForCommonStock`	-	USD	Annual
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$904.00K	USD	Annual
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$160.00K	USD	Annual
Original issue discount on convertible notes payable	`OriginalIssueDiscountOnConvertibleNotesPayable`	-	USD	Annual
Original issue discount on convertible notes payable	`OriginalIssueDiscountOnConvertibleNotesPayable`	$4.03M	USD	Annual
Debt issuance costs paid in the form of warrants	`DebtIssuanceCostsPaidInTheFormOfWarrants`	$903.92K	USD	Annual
Debt issuance costs paid in the form of warrants	`DebtIssuanceCostsPaidInTheFormOfWarrants`	-	USD	Annual
Debt issuance costs accrued	`PaymentsOfStockIssuanceCosts`	$6.11K	USD	Annual
Debt issuance costs accrued	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Increase in asset retirement obligation	`AssetRetirementObligationCashPaidToSettle`	-	USD	Annual
Increase in asset retirement obligation	`AssetRetirementObligationCashPaidToSettle`	$3.82K	USD	Annual
Vehicles purchased through issuance of notes payable	`VehiclePurchasedThroughIssuanceOfNotePayable`	$53.37K	USD	Annual
Vehicles purchased through issuance of notes payable	`VehiclePurchasedThroughIssuanceOfNotePayable`	-	USD	Annual
Capitalized oil and gas properties included in accounts payable	`CapitalizedOilAndGasPropertiesIncludedInAccountsPayable`	-	USD	Annual
Capitalized oil and gas properties included in accounts payable	`CapitalizedOilAndGasPropertiesIncludedInAccountsPayable`	$438.76K	USD	Annual
Reclass convertible note to demand note	`ReclassConvertibleNoteToDemandNote`	$36.00K	USD	Annual
Reclass convertible note to demand note	`ReclassConvertibleNoteToDemandNote`	-	USD	Annual

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Common stock issued for cash	`CommonStockIssuedForCashParValuePerShare`	$0.50	USD	Annual
Purchase of shares of treasury stock under termination agreement	`TreasuryStockSharesAcquired`	50.00	shares	Annual
Preferred shares issued from treasury for services	`TreasuryStockSharesRetired`	10.00	shares	Annual
Preferred shares converted	`ConversionOfStockSharesIssued1`	60.00	shares	Annual
Common shares	`ConversionOfStockSharesConverted1`	7.00M	shares	Annual
Beginning Balance	`StockholdersEquity`	$227.30K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.58M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.56M	USD	Point-in-time
Common stock issued for cash	`StockIssuedDuringPeriodValueIssuedForCashOne`	$35.00K	USD	Annual
Conversion of notes payable and interest to common stock	`StockIssuedDuringPeriodValueConversionOfNotesPayableAndInterestToCommonStock`	$36.00K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$35.00K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$531.85K	USD	Annual
60 preferred shares converted to 7,000,000 common shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.34M	USD	Annual
Share based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.98M	USD	Annual
Warrants issued with promissory notes	`WarrantsIssuedWithPromissoryNote`	$1.18M	USD	Annual
Purchase of 50 shares of Treasury stock under termination agreement	`StockRepurchasedDuringPeriodValue`	$-25.00K	USD	Annual
10 preferred shares issued from treasury for services	`PreferredSharesIssuedFromTreasuryForServices`	$830.00	USD	Annual
Warrants issued with convertible promissory notes	`StockIssuedDuringPeriodValueIssuedForWarrantsWithConvertiblePromissoryNotes`	$2.41M	USD	Annual
Warrants issued to placement agents	`StockIssuedDuringPeriodValueIssuedForWarrantsToPlacementAgents`	$903.92K	USD	Annual
Warrant amendment expense	`WarrantAmendmentExpense`	$18.21K	USD	Annual
Stock issued with promissory note	`CommonStockIssuedWithPromissoryNotesValue`	$290.00K	USD	Annual
Stock issued with promissory note	`CommonStockIssuedWithPromissoryNotesValue`	$170.00K	USD	Annual
Beneficial conversion feature	`StockIssuedDuringPeriodValueConversionOfUnits`	$1.61M	USD	Annual
Stock issued to acquire oil and gas assets	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$18.00K	USD	Annual
Stock issued to settle liabilities	`StockIssuedDuringPeriodValueSettleLiabilities`	$102.60K	USD	Annual
Stock and Warrants issued to acquire Richfield Oil & Gas, Inc.	`StockIssuedDuringPeriodValueStockAndWarrantsIssuedToAcquireOilAndGasAssets`	$8.61M	USD	Annual
Net loss	`NetIncomeLoss`	$-5.24M	USD	Annual
Net loss	`NetIncomeLoss`	$-13.99M	USD	Annual
Balance	`StockholdersEquity`	$227.30K	USD	Point-in-time
Balance	`StockholdersEquity`	$2.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.56M	USD	Point-in-time

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