Oil and Gas Properties (Details Narrative)
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3 Months Ended |
9 Months Ended |
12 Months Ended |
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Sep. 29, 2017
shares
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Jul. 10, 2017
shares
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May 10, 2017
a
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May 04, 2017 |
Dec. 30, 2016
USD ($)
a
Integer
shares
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Jun. 30, 2016
USD ($)
shares
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May 27, 2016
USD ($)
shares
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Apr. 05, 2016
USD ($)
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Dec. 24, 2015
USD ($)
a
$ / shares
shares
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Sep. 30, 2017
USD ($)
a
$ / shares
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Sep. 30, 2016
USD ($)
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Sep. 30, 2017
USD ($)
a
$ / shares
shares
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Sep. 30, 2016
USD ($)
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Apr. 05, 2017 |
Dec. 31, 2016
USD ($)
a
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Dec. 12, 2016
USD ($)
a
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May 02, 2016 |
Mar. 29, 2016
USD ($)
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Dec. 18, 2015 |
Area of land | a |
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38,120
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38,120
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Oil and gas properties |
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$ 11,619,589
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$ 11,619,589
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$ 11,198,411
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Debt principal amount |
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$ 250,000
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$ 250,000
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Debt conversion price | $ / shares |
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$ 0.665
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$ 0.665
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Number of shares issued upon conversion | shares |
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1,503,759
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Proceeds from common stock |
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$ 270,000
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$ 2,000,000
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Number of shares issued | shares |
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4,500,000
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Additional capitalized cost of asset |
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$ 3,750
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$ 15,919
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Impairment of oil and gas property |
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45,419
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1,328,637
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Debt discount amount |
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57,134
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172,534
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Debt interest rate |
4.00%
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10.00%
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Capitalized costs, oil and gas properties |
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1,814,435
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$ 97,290
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Foothills Petroleum Inc [Member] |
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Percentage of ownership interest |
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96.00%
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Ladysmith Anticline [Member] |
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Oil and gas properties |
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$ 20,000
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Percentage of ownership interest acquired |
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35.00%
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Area of oil and gas property | a |
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3,061
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Greater Green River Basin [Member] |
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Oil and gas properties |
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$ 20,000
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Percentage of ownership interest acquired |
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40.00%
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Area of oil and gas property | a |
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3,060
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Total Belief Limited [Member] | UTAH (Uinta Basin) [Member] |
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Percentage of ownership interest acquired |
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40.00%
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Area of oil and gas property | a |
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6,000
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Number of proven undeveloped drilling locations | Integer |
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30
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Maximum area of oil and gas property acquired | a |
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6,000
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Maximum number of shut-in oil and gas wells | Integer |
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16
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Total Belief Limited [Member] | Tiger Energy Partner International LLC [Member] |
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Percentage of ownership interest acquired |
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75.00%
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Area of oil and gas property | a |
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3,060
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Maximum pre- acquisition percent |
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35.00%
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Total Belief Limited [Member] | Grey Hawk Exploration, Inc [Member] |
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Number of shares issued upon acquisition | shares |
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13,166,667
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Percentage of ownership interest acquired |
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55.63%
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Tiger Energy Partners International, LLC [Member] | Green Stone Capital Partners Limited [Member] |
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Percentage of remaining ownership interest acquired |
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25.00%
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Promissory Note Due June 30, 2018 [Member] | Total Belief Limited [Member] |
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Debt principal amount |
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$ 6,000,000
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$ 6,000,000
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Debt instrument term |
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1 year 6 months
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Debt maturity date |
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Jun. 30, 2018
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Debt discount amount |
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$ 342,804
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Debt interest rate |
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4.00%
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Securities Purchase Agreement [Member] |
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Number of shares issued | shares |
100,752
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25,000
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Purchase and Sale Agreement [Member] |
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Area acquired for production, gross | a |
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67,330
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Area acquired for production, net | a |
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49,600
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Wilshire Energy Partners, LLC [Member] |
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Percentage of ownership interest |
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100.00%
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Number of shares issued upon acquisition | shares |
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4,500,000
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4,500,000
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Area of land | a |
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38,120
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Oil and gas properties |
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$ 72,430
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$ 72,430
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Debt conversion price | $ / shares |
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$ 0.665
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$ 0.665
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Wilshire Energy Partners, LLC [Member] | Business Development Services Agreement [Member] |
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Percentage of ownership interest |
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100.00%
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Alternus Capital Holdings Ltd. [Member] | Convertible Notes Payable One [Member] |
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Debt principal amount |
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$ 400,000
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$ 600,000
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Debt instrument term |
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2 years
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Debt conversion price | $ / shares |
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$ 0.665
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Description of agreement |
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Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes which, in the event of that full subscription would convert into not less than 30% of the outstanding shares of Public.
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Debt interest rate |
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8.00%
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Alternus Capital Holdings Ltd. [Member] | 8% Convertible Promissory Note Due On December 23, 2017 [Member] |
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Description of agreement |
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Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes which, in the event of that full subscription would convert into not less than 30% of the outstanding shares of Public.
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Original debt converted amount |
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$ 1,000,000
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Number of shares issued upon conversion | shares |
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1,503,759
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Berwin Trading Limited [Member] |
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Debt maturity date |
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Jun. 20, 2017
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Berwin Trading Limited [Member] | Securities Purchase Agreement [Member] |
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Description of agreement |
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Trading Limited its right to purchase the remaining $2,500,000 in equity in the Company at substantially the same terms as the conversion of the convertible note purchase agreement.
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Proceeds from common stock |
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$ 2,000,000
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Number of shares issued | shares |
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3,007,519
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Magna Operating, LLC [Member] | Participation Agreement [Member] | Foothills Petroleum Inc [Member] |
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Oil and gas properties |
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$ 144,000
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Area of oil and gas property | a |
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240
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