Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 87,150 $ 375,000
Prepaid expenses 7,144 170,833
Total Current Assets 94,294 545,833
Restricted cash 25,000
Oil and gas properties 105,672 72,430
Total Assets 199,966 643,263
Current Liabilities    
Accounts payable and accrued liabilities 8,935 3,500
Accrued interest 789
Total Current Liabilities 8,935 4,289
Long-Term Liabilities:    
Long-term debt 600,000
Total Liabilities 8,935 604,289
Stockholders' Equity    
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; no shares outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized; 11,536,278 and 4,500,000 shares issued and outstanding, respectively 1,154 4,500
Common stock subscribed (2,000,000)
Additional paid in capital 3,111,471 67,930
Accumulated deficit (921,594) (33,456)
Total stockholders' equity 191,031 38,974
Total Liabilities and Stockholders' Equity $ 199,966 $ 643,263