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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net loss $ (293,456) $ (324,366)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Deferred income tax benefit (151,947)
Stock-based compensation 18,601 41,249
Depreciation, depletion and amortization 308,382 417,982
Accretion of asset retirement obligations 8,796 8,784
Settlement of asset retirement obligations (88,168) (795)
Changes in assets and liabilities, net of business combination:    
Increase in accounts receivable (228,803) (22,054)
Decrease in prepaid expenses 23,200 8,195
Increase in accounts payable and accrued expenses 227,205 302,550
Net cash (used in) provided by operating activities (24,243) 279,598
Cash flows from investing activities:    
Additions to oil and gas properties (48,561) (419,325)
Drilling refund 75,808
Proceeds from sale of oil and gas properties and equipment 60,212 188
Net cash provided by (used in) investing activities 87,459 (419,137)
Cash flows from financing activities:    
Reduction of long-term debt (60,000)
Proceeds from long-term debt 200,000
Net cash (used in) provided by financing activities (60,000) 200,000
Net increase in cash and cash equivalents 3,216 60,461
Cash and cash equivalents at beginning of period 34,013 96,084
Cash and cash equivalents at end of period 37,229 156,545
Supplemental disclosure of cash flow information:    
Cash paid for interest 42,151 40,523
Income taxes paid
Non-cash investing and financing activities:    
Asset retirement obligations $ 78,006 $ 3,050