10-K Filing

HAWKER ENERGY, INC. CIK: 1415286 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001214659-14-007938`
Period End Date	20140831
Filing Date	20141124
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	hwkr-20140831.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 38 Cash Flow Statement 58 Stockholders Equity 21

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation of machinery and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$19.61K	USD	Point-in-time
Accumulated depreciation of machinery and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.18K	USD	Point-in-time
Capitalized oil and gas properties accumulated depletion	`OilAndGasPropertyFullCostMethodDepletion`	$59.88K	USD	Point-in-time
Capitalized oil and gas properties accumulated depletion	`OilAndGasPropertyFullCostMethodDepletion`	$86.19K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$7.82K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$8.30K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$13.21K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$18.75K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	750.00M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$42.81K	USD	Point-in-time
Inventory	`InventoryNet`	$7.06K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$6.09K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.17M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.17M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$22.39K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.66K	USD	Point-in-time
Secured subordinated loan receivable, short term	`NotesAndLoansReceivableGrossCurrent`	$1.30M	USD	Point-in-time
Secured subordinated loan receivable, short term	`NotesAndLoansReceivableGrossCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$36.77K	USD	Point-in-time
Machinery and equipment, net of accumulated depreciation of $19,605 and $15,179, respectively	`PropertyPlantAndEquipmentNet`	$14.27K	USD	Point-in-time
Machinery and equipment, net of accumulated depreciation of $19,605 and $15,179, respectively	`PropertyPlantAndEquipmentNet`	$13.16K	USD	Point-in-time
Capitalized oil and gas properties, net of accumulated depletion of $86,193 and $59,878, respectively	`OilAndGasPropertyFullCostMethodNet`	$730.05K	USD	Point-in-time
Capitalized oil and gas properties, net of accumulated depletion of $86,193 and $59,878, respectively	`OilAndGasPropertyFullCostMethodNet`	$297.59K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$5.00K	USD	Point-in-time
Total assets	`Assets`	$2.13M	USD	Point-in-time
Total assets	`Assets`	$347.52K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$813.44K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$31.02K	USD	Point-in-time
Accrued bonuses	`EmployeeRelatedLiabilitiesCurrent`	$480.00K	USD	Point-in-time
Accrued bonuses	`EmployeeRelatedLiabilitiesCurrent`	-	USD	Point-in-time
Net profits interest payable, current portion	`NetProfitInterestPayableCurrent`	$12.11K	USD	Point-in-time
Net profits interest payable, current portion	`NetProfitInterestPayableCurrent`	$20.07K	USD	Point-in-time
Loans payable to related parties, short term	`LoansPayableCurrent`	-	USD	Point-in-time
Loans payable to related parties, short term	`LoansPayableCurrent`	$226.88K	USD	Point-in-time
Convertible notes payable, short term	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable, short term	`ConvertibleNotesPayableCurrent`	$951.60K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.13K	USD	Point-in-time
Loans payable to related parties, long term	`LongTermLoansPayable`	$89.83K	USD	Point-in-time
Loans payable to related parties, long term	`LongTermLoansPayable`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$103.30K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$168.11K	USD	Point-in-time
Net profits interest payable, long term portion	`NetProfitInterestPayableNoncurrent`	$112.49K	USD	Point-in-time
Net profits interest payable, long term portion	`NetProfitInterestPayableNoncurrent`	$149.04K	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$305.62K	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$317.15K	USD	Point-in-time
Total liabilities	`Liabilities`	$348.75K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.81M	USD	Point-in-time
Common stock; $0.001 par value; 750,000,000 shares authorized, 41,174,703 and 0 shares issued and outstanding, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock; $0.001 par value; 750,000,000 shares authorized, 41,174,703 and 0 shares issued and outstanding, respectively	`CommonStockValue`	$41.17K	USD	Point-in-time
Common stock payable	`CommonStockSharesSubscriptions`	-	USD	Point-in-time
Common stock payable	`CommonStockSharesSubscriptions`	$50.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.22M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$350.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-351.23K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.05M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-1.23K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-731.99K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$55.00K	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-676.99K	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.23K	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.77K	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$347.52K	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.13M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Oil revenues	`OilAndGasRevenue`	$125.59K	USD	Annual
Oil revenues	`OilAndGasRevenue`	$80.79K	USD	Annual
Direct operating costs	`DirectOperatingCosts`	$62.51K	USD	Annual
Direct operating costs	`DirectOperatingCosts`	$58.80K	USD	Annual
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$25.70K	USD	Annual
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.68K	USD	Annual
Professional fees	`ProfessionalFees`	$837.13K	USD	Annual
Professional fees	`ProfessionalFees`	$16.79K	USD	Annual
Bonuses	`LaborAndRelatedExpense`	-	USD	Annual
Bonuses	`LaborAndRelatedExpense`	$480.00K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$296.93K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.64K	USD	Annual
Equity compensation expense	`OtherCostAndExpenseOperating`	$68.76K	USD	Annual
Equity compensation expense	`OtherCostAndExpenseOperating`	-	USD	Annual
Total expenses	`OperatingExpenses`	$1.79M	USD	Annual
Total expenses	`OperatingExpenses`	$109.92K	USD	Annual
Net operating (loss)	`OperatingIncomeLoss`	$-1.66M	USD	Annual
Net operating (loss)	`OperatingIncomeLoss`	$-29.13K	USD	Annual
Interest (income)	`InvestmentIncomeInterest`	-	USD	Annual
Interest (income)	`InvestmentIncomeInterest`	$7.61K	USD	Annual
Interest expense	`InterestExpense`	$12.87K	USD	Annual
Interest expense	`InterestExpense`	$42.43K	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-34.83K	USD	Annual
Total other expense	`NonoperatingIncomeExpense`	$-12.87K	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.70M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-41.99K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-1.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-41.99K	USD	Annual
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.70M	USD	Annual
Net loss attributable to the Company	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-41.99K	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Net loss per common share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	Annual
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	31.95M	shares	Annual
Weighted average common shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	5.88M	shares	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-41.99K	USD	Annual
Depletion, depreciation and amortization	`OtherDepreciationAndAmortization`	$30.83K	USD	Annual
Depletion, depreciation and amortization	`OtherDepreciationAndAmortization`	$17.60K	USD	Annual
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$8.09K	USD	Annual
Accretion of asset retirement obligation	`AssetRetirementObligationAccretionExpense`	$10.85K	USD	Annual
Accretion of net profits interest liability	`AccretionExpense`	$14.10K	USD	Annual
Accretion of net profits interest liability	`AccretionExpense`	$12.87K	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$68.76K	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.51K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.20K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-5.15K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-1.46K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$3.11K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$654.00	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$809.60K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.71K	USD	Annual
Accrued bonuses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$480.00K	USD	Annual
Accrued bonuses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	-	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.88K	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-302.55K	USD	Annual
Cash acquired in Sara Creek acquisition	`CashAcquiredFromAcquisition`	-	USD	Annual
Cash acquired in Sara Creek acquisition	`CashAcquiredFromAcquisition`	$6.00K	USD	Annual
Cash acquired in Hawker acquisition	`CashAcquiredFromSecondAcquisition`	-	USD	Annual
Cash acquired in Hawker acquisition	`CashAcquiredFromSecondAcquisition`	$1.21K	USD	Annual
Acquisition of an additional working interest in DEEP Lease	`AcquisitionOfAdditionalWorkingInterest`	$325.00K	USD	Annual
Acquisition of an additional working interest in DEEP Lease	`AcquisitionOfAdditionalWorkingInterest`	-	USD	Annual
Secured subordinated loan receivable	`PaymentsForProceedsFromLoansReceivable`	-	USD	Annual
Secured subordinated loan receivable	`PaymentsForProceedsFromLoansReceivable`	$1.29M	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.61M	USD	Annual
Loans from related parties	`ProceedsFromRelatedPartyDebt`	$221.00K	USD	Annual
Loans from related parties	`ProceedsFromRelatedPartyDebt`	$17.50K	USD	Annual
Net proceeds from unit offering	`NetProceedsFromUnitOffering`	$738.42K	USD	Annual
Net proceeds from unit offering	`NetProceedsFromUnitOffering`	-	USD	Annual
Payments on net profits interest agreement	`PaymentsForNetProfitsInterestAgreement`	$23.91K	USD	Annual
Payments on net profits interest agreement	`PaymentsForNetProfitsInterestAgreement`	$28.44K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	$930.00K	USD	Annual
Proceeds from convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Proceeds from sale of non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Proceeds from sale of non-controlling interest	`ProceedsFromMinorityShareholders`	$55.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.92M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.41K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.91K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$476.00	USD	Annual
Cash, beginning	`CashAndCashEquivalentsAtCarryingValue`	$7.82K	USD	Point-in-time
Cash, beginning	`CashAndCashEquivalentsAtCarryingValue`	$8.30K	USD	Point-in-time
Cash, beginning	`CashAndCashEquivalentsAtCarryingValue`	$13.21K	USD	Point-in-time
Cash, end	`CashAndCashEquivalentsAtCarryingValue`	$7.82K	USD	Point-in-time
Cash, end	`CashAndCashEquivalentsAtCarryingValue`	$8.30K	USD	Point-in-time
Cash, end	`CashAndCashEquivalentsAtCarryingValue`	$13.21K	USD	Point-in-time
Interest paid	`InterestPaid`	$42.43K	USD	Annual
Interest paid	`InterestPaid`	$12.87K	USD	Annual
Units issued to settle loans from related parties	`DebtConversionConvertedInstrumentAmount1`	$103.69K	USD	Annual
Units issued to settle loans from related parties	`DebtConversionConvertedInstrumentAmount1`	-	USD	Annual
Units issued to settle accounts payable	`ConversionOfStockAmountIssued1`	$188.19K	USD	Annual
Units issued to settle accounts payable	`ConversionOfStockAmountIssued1`	-	USD	Annual

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-676.99K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.23K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.77K	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	41.17M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Recapitalization on completion of acquisition of SCNRG	`StockIssuedDuringPeriodValueAcquisitions`	$1.63K	USD	Annual
Issued to acquire Hawker	`StockIssuedDuringPeriodValueSecondAcquisition`	$-135.20K	USD	Annual
Issuance of common stock payable	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Net proceeds from unit offering	`StockIssuedDuringPeriodValueNewIssues`	$980.29K	USD	Annual
Proceeds received for common stock payable	`StockIssuedDuringPeriodValueAccountsPayable`	$50.00K	USD	Annual
Stock compensation	`ShareBasedCompensation`	$68.76K	USD	Annual
Stock compensation	`ShareBasedCompensation`	-	USD	Annual
Sale of non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	Annual
Sale of non-controlling interest	`ProceedsFromMinorityShareholders`	$55.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.70M	USD	Annual
Net loss	`NetIncomeLoss`	$-41.99K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-676.99K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.23K	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.77K	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	41.17M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time

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