10-Q Filing

GRAPHENE & SOLAR TECHNOLOGIES LTD CIK: 1497649 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001354488-12-002291`
Period End Date	20120331
Filing Date	20120510
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	vnge-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 80 Cash Flow Statement 92

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.26M	USD	Point-in-time
Discount on Note Payable	`DebtInstrumentUnamortizedDiscount`	$604.19K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Discount on Note Payable	`DebtInstrumentUnamortizedDiscount`	$1.07M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$394.17K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$257.15K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$4.43K	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$23.17K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$714.82K	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$3.61M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Proved properties	`CapitalizedCostsProvedProperties`	$6.14M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Unproved properties and properties under development, not being amortized	`CapitalizedCostUnprovedProperties`	$780.52K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Unproved properties and properties under development, not being amortized	`CapitalizedCostUnprovedProperties`	$619.68K	USD	Point-in-time
Furniture and equipment	`FixturesAndEquipmentGross`	$2.01K	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Furniture and equipment	`FixturesAndEquipmentGross`	$3.54K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	12.71M	shares	Point-in-time
Less: accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$576.50K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	7.87M	shares	Point-in-time
Less: accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$264.66K	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$6.35M	USD	Point-in-time
Total property and equipment	`PropertyPlantAndEquipmentNet`	$3.96M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	7.87M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	12.71M	shares	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$338.35K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNet`	$232.71K	USD	Point-in-time
Other assets	`OtherAssets`	$527.89K	USD	Point-in-time
Other assets	`OtherAssets`	$12.20K	USD	Point-in-time
Total assets	`Assets`	$9.27M	USD	Point-in-time
Total assets	`Assets`	$5.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$232.18K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$180.03K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$75.06K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$134.09K	USD	Point-in-time
Current portion of notes payable, net of discount of $604,191 and $0	`NotesAndLoansPayableCurrent`	-	USD	Point-in-time
Current portion of notes payable, net of discount of $604,191 and $0	`NotesAndLoansPayableCurrent`	$2.80M	USD	Point-in-time
Current portion of conversion feature liability	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Current portion of conversion feature liability	`DerivativeLiabilitiesCurrent`	$339.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$255.09K	USD	Point-in-time
Notes payable, net of discount of $0 and $1,066,539	`NotesPayable`	-	USD	Point-in-time
Notes payable, net of discount of $0 and $1,066,539	`NotesPayable`	$2.33M	USD	Point-in-time
Participation liability	`ParticipationLiability`	$1.17M	USD	Point-in-time
Participation liability	`ParticipationLiability`	$964.62K	USD	Point-in-time
Conversion feature liability	`DerivativeLiabilitiesNoncurrent`	$720.59K	USD	Point-in-time
Conversion feature liability	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$400.32K	USD	Point-in-time
Warrant liabilities	`DerivativeLiabilities`	$298.59K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$67.08K	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligation`	$24.63K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.91M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 5,000,000 shares authorized, none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 50,000,000 shares authorized, 12,710,409 and 7,865,822 shares issued and outstanding	`CommonStockValue`	$127.00	USD	Point-in-time
Common stock, $0.00001 par value; 50,000,000 shares authorized, 12,710,409 and 7,865,822 shares issued and outstanding	`CommonStockValue`	$79.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.87M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.23M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-955.79K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$638.65K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.55M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$9.27M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Oil and gas sales	`OilAndGasSalesRevenue`	$862.50K	USD	1 Quarter
Oil and gas sales	`OilAndGasSalesRevenue`	$397.92K	USD	1 Quarter
Oil and gas sales	`OilAndGasSalesRevenue`	$397.92K	USD	2 Qtrs
Oil and gas sales	`OilAndGasSalesRevenue`	$1.61M	USD	2 Qtrs
Lease operating expense	`LeaseOperatingExpense`	$30.52K	USD	2 Qtrs
Lease operating expense	`LeaseOperatingExpense`	$138.54K	USD	1 Quarter
Lease operating expense	`LeaseOperatingExpense`	$30.52K	USD	1 Quarter
Lease operating expense	`LeaseOperatingExpense`	$237.64K	USD	2 Qtrs
Production taxes	`ProductionTaxExpense`	$18.01K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$74.09K	USD	2 Qtrs
Production taxes	`ProductionTaxExpense`	$39.74K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$18.01K	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$49.27K	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$189.90K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$311.84K	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$49.27K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$974.00	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.05K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$2.12K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.05K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$401.93K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$524.79K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$702.37K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$623.38K	USD	2 Qtrs
Other	`OtherExpenses`	$626.00	USD	2 Qtrs
Other	`OtherExpenses`	$194.00	USD	1 Quarter
Other	`OtherExpenses`	$47.11K	USD	2 Qtrs
Other	`OtherExpenses`	$1.52K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$625.16K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$771.28K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$769.34K	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.33M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$91.22K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-227.25K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-371.43K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$279.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$361.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.18K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.71K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$826.00	USD	2 Qtrs
Interest expense	`InterestExpense`	$196.44K	USD	2 Qtrs
Interest expense	`InterestExpense`	$246.52K	USD	1 Quarter
Interest expense	`InterestExpense`	$492.07K	USD	2 Qtrs
Interest expense	`InterestExpense`	$165.23K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-848.97K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-846.45K	USD	2 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$408.49K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$483.11K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$163.15K	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.01M	USD	1 Quarter
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-7.25K	USD	2 Qtrs
Total other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.04M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$254.37K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.24M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-1.41M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$271.75K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$254.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$271.75K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.41M	USD	2 Qtrs
Earnings (loss) per share Basic	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Earnings (loss) per share Basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Earnings (loss) per share Basic	`EarningsPerShareBasic`	$-0.22	USD	2 Qtrs
Earnings (loss) per share Basic	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	6.47M	shares	2 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	11.06M	shares	2 Qtrs
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	12.71M	shares	1 Quarter
Weighted average number of common shares	`WeightedAverageNumberOfCommonShares`	7.04M	shares	1 Quarter
Earnings (loss) per share Diluted	`EarningsPerShareDiluted`	$-0.22	USD	2 Qtrs
Earnings (loss) per share Diluted	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Earnings (loss) per share Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Earnings (loss) per share Diluted	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	12.80M	shares	1 Quarter
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	11.11M	shares	2 Qtrs
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	7.04M	shares	1 Quarter
Weighted average number of common and potential common shares	`WeightedAverageNumberOfCommonAndPotentialCommonShares`	6.47M	shares	2 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-1.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$254.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$271.75K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-1.41M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$49.27K	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$189.90K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$311.84K	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$49.27K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$105.63K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$100.06K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$974.00	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.05K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$2.12K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.05K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$419.49K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$55.13K	USD	2 Qtrs
Accretion of participation liability	`IncreaseDecreaseInParticipationLiabilities`	$52.19K	USD	2 Qtrs
Accretion of participation liability	`IncreaseDecreaseInParticipationLiabilities`	-	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$243.73K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$30.00K	USD	2 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-848.97K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$-846.45K	USD	2 Qtrs
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$408.49K	USD	1 Quarter
Change in fair value of warrant and conversion feature liabilities	`GainLossOnDerivativeInstrumentsNetPretax`	$483.11K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-137.02K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-325.38K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$47.41K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-28.34K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$85.90K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-87.46K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-181.52K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$111.26K	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-198.61K	USD	2 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$275.57K	USD	2 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchase of furniture and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.53K	USD	2 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	-	USD	2 Qtrs
Purchase of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$309.25K	USD	2 Qtrs
Capital expenditures on oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$2.49M	USD	2 Qtrs
Capital expenditures on oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$2.04M	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.50M	USD	2 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.35M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$422.77K	USD	2 Qtrs
Equity offering costs	`EquityIssuanceCost`	$199.85K	USD	2 Qtrs
Equity offering costs	`EquityIssuanceCost`	$108.14K	USD	2 Qtrs
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$1.34M	USD	2 Qtrs
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$4.22M	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$45.29K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	$642.75K	USD	2 Qtrs
Repayment of note payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$3.40M	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.02M	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.61M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.80M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.06M	USD	2 Qtrs
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.26M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.26M	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$453.24K	USD	Point-in-time
Cash and cash equivalents End of period	`CashAndCashEquivalentsAtCarryingValue`	$156.94K	USD	Point-in-time
Interest paid	`InterestPaid`	$33.44K	USD	2 Qtrs
Interest paid	`InterestPaid`	$136.00K	USD	2 Qtrs
Interest capitalized (non-cash)	`InterestPaidCapitalized`	$221.25K	USD	2 Qtrs
Interest capitalized (non-cash)	`InterestPaidCapitalized`	$134.19K	USD	2 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncludedInAccountsPayable`	$251.86K	USD	2 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncludedInAccountsPayable`	$139.61K	USD	2 Qtrs
Issuance of notes payable for oil and gas	`IssuanceOfNotesPayableForOilAndGas`	$357.08K	USD	2 Qtrs
Issuance of notes payable for oil and gas	`IssuanceOfNotesPayableForOilAndGas`	-	USD	2 Qtrs
Warrant liability settled on exercise	`WarrantLiabilitySettledOnExercise`	-	USD	2 Qtrs
Warrant liability settled on exercise	`WarrantLiabilitySettledOnExercise`	$136.01K	USD	2 Qtrs
Series A warrants	`SeriesAWarrants`	$1.19K	USD	2 Qtrs
Series A warrants	`SeriesAWarrants`	-	USD	2 Qtrs
Series B warrants	`SeriesBWarrants`	-	USD	2 Qtrs
Series B warrants	`SeriesBWarrants`	$143.95K	USD	2 Qtrs
Series C warrants	`SeriesCWarrants`	$274.52K	USD	2 Qtrs
Series C warrants	`SeriesCWarrants`	-	USD	2 Qtrs
Series D warrants	`SeriesDWarrants`	-	USD	2 Qtrs
Series D warrants	`SeriesDWarrants`	$49.38K	USD	2 Qtrs
Recognition of conversion feature liability	`DebtInstrumentConvertibleBeneficialConversionFeature`	-	USD	2 Qtrs
Recognition of conversion feature liability	`DebtInstrumentConvertibleBeneficialConversionFeature`	$26.77K	USD	2 Qtrs
Recognition of participation liability	`IncreaseDecreaseInProductionParticipationPlanLiability`	-	USD	2 Qtrs
Recognition of participation liability	`IncreaseDecreaseInProductionParticipationPlanLiability`	$737.89K	USD	2 Qtrs
Asset retirement obligations incurred	`IncreaseDecreaseInAssetRetirementObligations`	$63.87K	USD	2 Qtrs
Asset retirement obligations incurred	`IncreaseDecreaseInAssetRetirementObligations`	$4.59K	USD	2 Qtrs
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$29.59K	USD	2 Qtrs
Issuance of restricted shares	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs

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