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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash $ 58,348 $ 77,780
Oil sales receivable 21,237  
Total current assets 79,585 77,780
Property and Equipment    
Oil and natural gas properties, successful efforts method 1,344,069 0
Accumulated depletion and depreciation (444) 0
Total oil and natural gas properties, net 1,343,625 0
Investment in Masterson West II 300,000 300,000
Total assets 1,723,210 377,780
Current liabilities:    
Accounts payable and accrued liabilities 91,714 64,964
Demand notes payable 25,000 0
Current portion of convertible notes, net 178,266 137,256
Total current liabilities 294,980 202,220
Note payable to bank 54,061 47,366
Asset retirement obligations 867,520  
Convertible notes, net 184,013  
Stockholders' equity:    
Common stock-$.001 par value authorized 150,000,000 shares,issued and outstanding 17,345,609 and 8,803,942 respectively 17,345 8,803
Common stock subscribed not yet issued (2,000,000 and 3,225,000 shares), respectively 2,000 3,225
Stock subscription receivable 0 (5,000)
Additional paid in capital 17,124,632 16,232,381
Accumulated deficit (16,821,341) (16,111,215)
Total stockholders' equity 322,636 128,194
Total liabilities and stockholders' equity $ 1,723,210 $ 377,780