XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Petroleum Sales $ 0 $ 0
Costs and expenses:    
General and administrative 56,838 61,730
Total costs and expenses 56,838 61,730
Operating loss (56,838) (61,730)
Other income:    
Interest earned 0 5
Total other income 0 5
Net loss $ (56,838) $ (61,725)
Net loss per common share, basic and diluted $ (0.01) $ (0.01)
Weighted average number of common shares outstanding basic and diluted 8,710,609 8,322,294