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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net loss $ (1,017,131) $ (830,067)
Adjustments to reconcile net loss to net cash used in operating activities:    
Fair value of options and warrants granted 251,255 472,700
Depreciation, depletion and amortization 15,527 0
Amortization of warrant value and conversion feature on convertible notes 69,580 60,064
Unrealized gain on derivatives (113,081) 0
Accretion of asset retirement obligation 1,929 0
Change in operating assets and liabilities:    
Accounts receivable (124,577) 0
Prepaids (45,214) 14,000
Accounts payable 255,785 47,340
Accrued expenses 141,033 0
Net cash used in operating activities (564,894) (235,963)
Cash flows from investing activities:    
Investment in oil and gas properties (916,575) 0
Cash flows from financing activities:    
Proceeds from long term debt 1,200,820 0
Proceeds from convertible notes issued 0 127,500
Proceeds from stock issuance 287,500 117,500
Net cash provided by financing activities 1,488,320 245,000
Net increase in cash 6,851 9,037
Cash - Beginning of year 77,780 68,743
Cash - End of year 84,631 77,780
Supplemental cash flow information    
Cash paid for interest 12,703 0
Noncash investing and financing activities    
Common stock subscribed in exchange for investment 0 5,000
Common stock options issued for outstanding payables 0 4,894
Common stock issued for acquisition of property assets 500,000 0
Termination of Masterson West II transaction 300,000 0
Noncash additions to asset retirement obligations $ 228,721 $ 0