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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 84,631 $ 77,780
Accounts receivable 124,577 0
Unrealized gain on derivative instruments 113,081 0
Prepaids 45,214 0
Total current assets 367,503 77,780
Oil and natural gas properties, successful efforts 1,645,297 0
Less: accumulated depreciation and depletion (15,527) 0
Total oil and natural gas properties, net 1,629,770 0
Investment in Masterson West II 0 300,000
Total assets 1,997,273 377,780
Current liabilities:    
Accounts payable 320,749 64,964
Accrued expenses 141,033 0
Current portion of long term notes payable 279,204 137,256
Total current liabilities 740,986 202,220
Long term notes payable 1,175,820 47,366
Asset retirement obligations 230,650 0
Total liabilities 2,147,456 249,586
Stockholders' equity (deficit):    
Common stock - $.001 par value 150,000,000 shares authorized, 17,345,609 and 8,803,942 shares issued and outstanding, respectively 17,345 8,803
Common stock subscribed not yet issued (0 and 3,225,000 shares at December 31, 2018 and 2017, respectively) 0 3,225
Stock subscription receivable 0 (5,000)
Additional paid in capital 16,960,818 16,232,381
Accumulated deficit (17,128,346) (16,111,215)
Total stockholders' equity (deficit) (150,183) 128,194
Total liabilities and stockholders' equity (deficit) $ 1,997,273 $ 377,780