Annual report pursuant to Section 13 and 15(d)

Asset Retirement Obligation

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Asset Retirement Obligation
12 Months Ended
Dec. 31, 2017
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation

Note 5 – Asset Retirement Obligation

 

The following table provides a reconciliation of the changes in the estimated present value of asset retirement obligations for the years ended December 31, 2017 and 2016.

 

    For the Year Ended December 31,  
    2017     2016  
             
Beginning asset retirement obligations   $     $  
Liabilities established     291,659        
Accretion expense     11,668        
Ending asset retirement obligations   $ 303,327     $  

 

Accretion expense for the year ended December 31, 2017 and 2016 was $11,668 and $0, respectively.