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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 29,933 $ 84,631
Accounts receivable 240,447 124,577
Unrealized gain on derivative instruments 24,967 113,081
Inventory 472,023
Prepaids 39,119 45,214
Total current assets 806,489 367,503
Oil and natural gas properties, successful efforts 9,895,508 1,645,297
Less: accumulated depreciation and depletion (33,613) (15,527)
Total oil and natural gas properties, net 9,861,895 1,629,770
Total assets 10,668,384 1,997,273
Current liabilities:    
Accounts payable 580,838 320,749
Accrued expenses 617,385 141,033
Current portion of long term notes payable 6,486,217 279,204
Total current liabilities 7,684,440 740,986
Long term notes payable 0 1,175,820
Asset retirement obligations 3,504,629 230,650
Total liabilities 11,189,069 2,147,456
Stockholders' equity (deficit):    
Common stock - $.001 par value 150,000,000 shares authorized, 18,792,277 and 17,345,609 shares issued and outstanding, respectively 18,792 17,345
Additional paid in capital 17,176,371 16,960,818
Accumulated deficit (17,715,848) (17,128,346)
Total stockholders' deficit (520,685) (150,183)
Total liabilities and stockholders' deficit $ 10,668,384 $ 1,997,273