10-Q Filing

STRATEX OIL & GAS HOLDINGS, INC. CIK: 1482361 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-006093`
Period End Date	20150630
Filing Date	20150814
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	sttx-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 86 Cash Flow Statement 113

Balance Sheet 84 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
Series A Preferred stock, shares issued	`PreferredStockSharesIssued`	100.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$609.06K	USD	Point-in-time
Series A Preferred stock, shares issued	`PreferredStockSharesIssued`	100.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.94M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.05M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$104.10K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$6.42M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$448.70K	USD	Point-in-time
Series A Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	60.00	shares	Point-in-time
Series A Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	40.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNet`	$220.65K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$902.00	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$39.59K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$325.66K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.43M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.90M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$128.81K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	119.31M	shares	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$121.60K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	119.31M	shares	Point-in-time
Debt issuance costs	`DebtIssuanceCostOne`	$1.89M	USD	Point-in-time
Debt issuance costs	`DebtIssuanceCostOne`	$1.16M	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`	$9.83M	USD	Point-in-time
Proven property - net	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$3.55M	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$10.95M	USD	Point-in-time
Unproven property	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$10.81M	USD	Point-in-time
Support facilities and related well equipment - net	`CapitalizedCostsSupportEquipmentAndFacilities`	$2.65M	USD	Point-in-time
Support facilities and related well equipment - net	`CapitalizedCostsSupportEquipmentAndFacilities`	$1.62M	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$2.38K	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$108.60K	USD	Point-in-time
Vehicles, furniture and equipment - net	`PropertyPlantAndEquipmentNet`	$122.31K	USD	Point-in-time
Total Assets	`Assets`	$17.69M	USD	Point-in-time
Total Assets	`Assets`	$28.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.65M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.61M	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	$452.57K	USD	Point-in-time
Demand notes payable	`OtherNotesPayableCurrent`	$322.57K	USD	Point-in-time
Current maturities of notes payable - net of debt discount	`NotesPayableCurrent`	$520.21K	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`	$19.84M	USD	Point-in-time
Current maturities of convertible notes payable - net of debt discount	`ConvertibleNotesPayableCurrent`	$138.18K	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	$88.00K	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$128.83K	USD	Point-in-time
Derivative liability - warrants	`DerivativeLiabilitiesCurrent`	$20.53K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.86M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$24.49M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$290.77K	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`	$1.37M	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`	$20.56M	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$1.66M	USD	Point-in-time
Total Liabilities	`Liabilities`	$26.15M	USD	Point-in-time
Total Liabilities	`Liabilities`	$25.42M	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; 40 and 60 shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Series A, convertible preferred stock, $0.0001 par value; 400 shares authorized; 100 shares issued; 40 and 60 shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 119,305,071 and 116,904,004 shares issued and outstanding	`CommonStockValue`	$1.19M	USD	Point-in-time
Common stock, $0.01 par value; 750,000,000 shares authorized; and 119,305,071 and 116,904,004 shares issued and outstanding	`CommonStockValue`	$1.17M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$30.26M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-39.89M	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`	$2.58M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-8.46M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$28.00M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$17.69M	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$419.05K	USD	2 Qtrs
Revenue	`SalesRevenueNet`	$284.69K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$320.69K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$594.42K	USD	2 Qtrs
Production expenses	`OtherGeneralExpense`	$518.09K	USD	2 Qtrs
Production expenses	`OtherGeneralExpense`	$206.56K	USD	1 Quarter
Production expenses	`OtherGeneralExpense`	$181.73K	USD	2 Qtrs
Production expenses	`OtherGeneralExpense`	$140.79K	USD	1 Quarter
Exploration expenses	`ExplorationExpense`	-	USD	1 Quarter
Exploration expenses	`ExplorationExpense`	-	USD	2 Qtrs
Exploration expenses	`ExplorationExpense`	$392.00	USD	1 Quarter
Exploration expenses	`ExplorationExpense`	$392.00	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$291.52K	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$112.87K	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$41.71K	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationAndAmortization`	$24.19K	USD	1 Quarter
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$-3.70M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$705.33K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.73M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.89M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.67M	USD	2 Qtrs
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$318.80K	USD	2 Qtrs
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	-	USD	1 Quarter
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$318.80K	USD	1 Quarter
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$1.04M	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$331.40K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$3.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.37M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$4.21M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$3.57M	USD	2 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-3.79M	USD	2 Qtrs
Loss From Operations	`OperatingIncomeLoss`	$-1.08M	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-3.05M	USD	1 Quarter
Loss From Operations	`OperatingIncomeLoss`	$-2.98M	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	$8.07K	USD	1 Quarter
Interest income	`InterestIncomeOperating`	$8.07K	USD	2 Qtrs
Interest income	`InterestIncomeOperating`	-	USD	1 Quarter
Interest income	`InterestIncomeOperating`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.66M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.09M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.76M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.31M	USD	2 Qtrs
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$108.30K	USD	2 Qtrs
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$17.32K	USD	1 Quarter
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-72.09K	USD	2 Qtrs
Change in fair value - derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$5.06K	USD	1 Quarter
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	1 Quarter
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	1 Quarter
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	2 Qtrs
Warrant amendment expense	`WarrantAmendmentExpense`	$14.76K	USD	2 Qtrs
(Loss) gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$450.00K	USD	2 Qtrs
(Loss) gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$-5.73M	USD	2 Qtrs
(Loss) gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	-	USD	1 Quarter
(Loss) gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$-5.73M	USD	1 Quarter
Gain (loss) on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$83.60K	USD	2 Qtrs
Gain (loss) on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Gain (loss) on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$-92.08K	USD	2 Qtrs
Gain (loss) on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$84.60K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.71K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.71K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$82.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$39.26K	USD	2 Qtrs
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-1.65M	USD	1 Quarter
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-9.02M	USD	2 Qtrs
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-1.59M	USD	2 Qtrs
Total Other Income and (Expense)	`NonoperatingIncomeExpense`	$-7.39M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.38M	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-8.48M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-4.70M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-12.00M	USD	2 Qtrs
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	1 Quarter
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	2 Qtrs
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	2 Qtrs
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	48.61M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	119.24M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	47.95M	shares	2 Qtrs
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	118.37M	shares	2 Qtrs

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-5.38M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-8.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.00M	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.71K	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$291.52K	USD	2 Qtrs
Bad Debt	`ProvisionForDoubtfulAccounts`	$5.81K	USD	2 Qtrs
Bad Debt	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.79M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$544.83K	USD	2 Qtrs
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	1 Quarter
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	1 Quarter
Warrant amendment expense	`WarrantAmendmentExpense`	-	USD	2 Qtrs
Warrant amendment expense	`WarrantAmendmentExpense`	$14.76K	USD	2 Qtrs
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$737.73K	USD	2 Qtrs
Amortization of debt issue costs	`AmortizationOfFinancingCosts`	$242.23K	USD	2 Qtrs
Accretion of debt discount	`AccretionOfDebtDiscount`	$1.14M	USD	2 Qtrs
Accretion of debt discount	`AccretionOfDebtDiscount`	$1.32M	USD	2 Qtrs
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$-3.70M	USD	Annual
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas assets	`ImpairmentOfOilAndGasProperties`	$705.33K	USD	2 Qtrs
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$318.80K	USD	2 Qtrs
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	-	USD	1 Quarter
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$318.80K	USD	1 Quarter
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$1.04M	USD	Annual
Loss on abandonment of oil and gas assets	`GainLossOnAbandonmentOfOilAndGasProperty`	$331.40K	USD	2 Qtrs
Loss on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$83.60K	USD	2 Qtrs
Loss on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Loss on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$-92.08K	USD	2 Qtrs
Loss on settlement of liabilities	`GainLossRelatedToLitigationSettlement`	$84.60K	USD	1 Quarter
Income from forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.71K	USD	2 Qtrs
Income from forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Income from forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.71K	USD	1 Quarter
Income from forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss, gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$450.00K	USD	2 Qtrs
Loss, gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$-5.73M	USD	2 Qtrs
Loss, gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	-	USD	1 Quarter
Loss, gain on sale of oil and gas interests	`GainLossOnSaleOfOilAndGasProperty`	$-5.73M	USD	1 Quarter
Change in fair value of derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$108.30K	USD	2 Qtrs
Change in fair value of derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$17.32K	USD	1 Quarter
Change in fair value of derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-72.09K	USD	2 Qtrs
Change in fair value of derivative liabilities	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$5.06K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-228.05K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$125.89K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$39.23K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-38.69K	USD	2 Qtrs
Deposits	`IncreaseDecreaseInDeposits`	$7.20K	USD	2 Qtrs
Deposits	`IncreaseDecreaseInDeposits`	$-25.00K	USD	2 Qtrs
Accounts payable and current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$776.16K	USD	2 Qtrs
Accounts payable and current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$77.80K	USD	2 Qtrs
Net Cash Provided By (Used In) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.97M	USD	2 Qtrs
Net Cash Provided By (Used In) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.56M	USD	2 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$3.66M	USD	2 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireProductiveAssets`	$328.66K	USD	2 Qtrs
Proceeds from sale of oil and gas interests	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$285.00K	USD	Point-in-time
Proceeds from sale of oil and gas interests	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$450.00K	USD	2 Qtrs
Proceeds from sale of oil and gas interests	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$360.00K	USD	2 Qtrs
Proceeds from sale of oil and gas properties	`ProceedsFromSaleOfOilAndGasProperties`	$-21.00K	USD	2 Qtrs
Proceeds from sale of oil and gas properties	`ProceedsFromSaleOfOilAndGasProperties`	-	USD	2 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-24.08K	USD	2 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.70K	USD	2 Qtrs
Increase in other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	2 Qtrs
Increase in other receivables	`IncreaseDecreaseInOtherReceivables`	$244.28K	USD	2 Qtrs
Increase on notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	-	USD	2 Qtrs
Increase on notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$1.39M	USD	2 Qtrs
Net Cash Provided By (Used In) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$55.42K	USD	2 Qtrs
Net Cash Provided By (Used In) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.87M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$400.00K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Repayments on notes payable	`RepaymentsOfNotesPayable`	$97.51K	USD	2 Qtrs
Repayments on notes payable	`RepaymentsOfNotesPayable`	$342.80K	USD	2 Qtrs
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	$-13.02M	USD	2 Qtrs
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	$-430.92K	USD	2 Qtrs
Repayments on capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	-	USD	2 Qtrs
Repayments on capital leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$3.51K	USD	2 Qtrs
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	$1.07M	USD	2 Qtrs
Debt issuance costs paid in cash	`PaymentsOfDebtIssuanceCosts`	$8.00K	USD	2 Qtrs
Net Cash Provided By (Used In) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$12.25M	USD	2 Qtrs
Net Cash Provided By (Used In) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$76.61K	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.81M	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.83M	USD	2 Qtrs
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`	$7.05M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.10K	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.42M	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`	$7.05M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.10K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.42M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$206.77K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$1.09M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Issuance of common stock to settle liabilities	`IssuanceOfCommonStockToSettleLiabilities`	$283.50K	USD	2 Qtrs
Issuance of common stock to settle liabilities	`IssuanceOfCommonStockToSettleLiabilities`	$196.20K	USD	2 Qtrs
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	$160.00K	USD	2 Qtrs
Original issue discount on notes payable	`OriginalIssueDiscountOnNotesPayable`	-	USD	2 Qtrs
Original issue discount on convertible notes payable	`OriginalIssueDiscountOnConvertibleNotesPayable`	-	USD	2 Qtrs
Original issue discount on convertible notes payable	`OriginalIssueDiscountOnConvertibleNotesPayable`	$3.94M	USD	2 Qtrs
Debt issuance costs paid in the form of warrants	`DebtIssuanceCostsPaidInTheFormOfWarrants`	$585.36K	USD	2 Qtrs
Debt issuance costs paid in the form of warrants	`DebtIssuanceCostsPaidInTheFormOfWarrants`	-	USD	2 Qtrs
Debt issuance costs accrued	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs accrued	`PaymentsOfStockIssuanceCosts`	$335.23K	USD	2 Qtrs
Increase in asset retirement obligation	`AssetRetirementObligationCashPaidToSettle`	$157.00	USD	2 Qtrs
Increase in asset retirement obligation	`AssetRetirementObligationCashPaidToSettle`	$18.77K	USD	2 Qtrs
Vehicles purchased through issuance of notes payable	`VehiclePurchasedThroughIssuanceOfNotePayable`	$28.51K	USD	2 Qtrs
Vehicles purchased through issuance of notes payable	`VehiclePurchasedThroughIssuanceOfNotePayable`	-	USD	2 Qtrs
Capitalized oil and gas properties included in accounts payable	`CapitalizedOilAndGasPropertiesIncludedInAccountsPayable`	-	USD	2 Qtrs
Capitalized oil and gas properties included in accounts payable	`CapitalizedOilAndGasPropertiesIncludedInAccountsPayable`	$224.04K	USD	2 Qtrs

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