Supplemental Oil and Gas Reserve Information (Unaudited) (Details Narrative) |
12 Months Ended | |
|---|---|---|
|
Dec. 31, 2016
USD ($)
MBoe
|
Dec. 31, 2015
USD ($)
MBoe
|
|
| Amount invested in oil and gas property | $ | $ 11,198,411 | $ 72,430 |
| Net fixed assets | $ | $ 353,363 | |
| Oil Equivalents [Member] | ||
| Proved non-producing | MBoe | 212.4 | |
| Proved undeveloped | MBoe | 1,571.8 | |
| Total proved | MBoe | 1,784.2 | |
| Estimates capital expenditures | $ | $ 19,750,000 | |
| Oil [Member] | ||
| Percentage of total proved reserves | 91.00% | |
| Gas [Member] | ||
| Percentage of total proved reserves | 9.00% |
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- Definition Its represents estimates capital expenditures will be sufficient to develop these reserves. No definition available.
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- Definition It represents the percentage of total proved reserves. No definition available.
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- Definition Energy measure of proved non-producing of oil and gas, stated in a unit of energy. For example, but not limited to, barrel of oil equivalents (BOE) or one thousand cubic feet of natural gas equivalent (Mcfe). No definition available.
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- Definition Energy measure of proved undeveloped of oil and gas, stated in a unit of energy. For example, but not limited to, barrel of oil equivalents (BOE) or one thousand cubic feet of natural gas equivalent (Mcfe). No definition available.
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- Definition Oil and gas properties, net of depletion, carried under the full cost method. No definition available.
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Energy measure of proved reserve of oil and gas, stated in a unit of energy. For example, but not limited to, barrel of oil equivalents (BOE) or one thousand cubic feet of natural gas equivalent (Mcfe). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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