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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Oil and gas sales $ 343,965
Unrealized gain on derivatives (88,114)
Total Revenue 255,851
Costs and expenses:    
Operating 152,487
Taxes - production 19,649
Depreciation, depletion and amortization 18,086
Accretion of asset retirement obligation 6,599
General and administrative 612,589 226,677
Total costs and expenses 809,410 226,677
Operating loss (553,559) (226,677)
Other income and (expense):    
Interest expense (33,943) (19,628)
Net loss $ (587,502) $ (246,305)
Net loss per common share, basic and diluted $ (0.03) $ (0.02)
Weighted average number of common shares outstanding basic and diluted 17,805,534 10,890,740