STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended	9 Months Ended
Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue:
Petroleum Sales	$ 0	$ 0	$ 0	$ 0
Costs and expenses:
Production and operating	0	0	0	0
General and administrative	18,859	40,220	161,901	137,656
Total costs and expenses	18,859	40,220	161,901	137,656
Operating loss	(18,859)	(40,220)	(161,901)	(137,656)
Other income:
Interest income	0	5	0	19
Total other income	0	5	0	19
Net loss	$ (18,859)	$ (40,215)	$ (161,901)	$ (137,637)
Net loss per common share, basic and diluted	$ (0.00)	$ (0.00)	$ (0.02)	$ (0.02)
Weighted average number of common shares outstanding basic and diluted	8,710,609	8,710,609	8,710,609	8,583,550

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

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Revenue from the sale of oil and gas during the period.

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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.

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