Quarterly report pursuant to Section 13 or 15(d)

Common Stock (Details Narrative)

v3.19.2
Common Stock (Details Narrative)
3 Months Ended 6 Months Ended
May 31, 2019
USD ($)
TradingDays
$ / shares
shares
Mar. 20, 2019
USD ($)
TradingDays
$ / shares
shares
Mar. 19, 2019
USD ($)
TradingDays
$ / shares
shares
Mar. 06, 2019
USD ($)
TradingDays
$ / shares
shares
Mar. 04, 2019
USD ($)
TradingDays
$ / shares
shares
Dec. 19, 2018
USD ($)
Dec. 06, 2018
USD ($)
TradingDays
$ / shares
shares
Nov. 01, 2018
USD ($)
TradingDays
$ / shares
shares
Aug. 11, 2018
USD ($)
TradingDays
$ / shares
shares
Nov. 17, 2017
USD ($)
TradingDays
$ / shares
shares
Nov. 07, 2017
USD ($)
TradingDays
$ / shares
shares
Sep. 29, 2017
$ / shares
shares
Feb. 27, 2017
USD ($)
TradingDays
$ / shares
shares
May 27, 2016
USD ($)
TradingDays
$ / shares
shares
May 19, 2016
$ / shares
shares
Jun. 30, 2019
USD ($)
shares
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
$ / shares
shares
Jun. 30, 2018
USD ($)
$ / shares
shares
Jun. 17, 2019
shares
Feb. 25, 2019
shares
Dec. 31, 2018
USD ($)
shares
Value of common stock shares issued for services | $                               $ 169,847   $ 179,847        
Common stock , shares authorized                               475,000,000   475,000,000   100,000,000   475,000,000
Common stock, value | $                               $ 2,459   $ 2,459       $ 2,208
Number of warrants to purchase common stock                 100,000 267,500 50,000                      
Common stock, shares issued                               24,585,738   24,585,738       22,075,738
Common stock, shares outstanding                               24,585,738   24,585,738       22,075,738
Warrant exercise price per share | $ / shares                   $ 1.00 $ 1.00 $ 1.00                    
Warrant expiration date                     May 07, 2019                      
Difference in fair value of financial instruments | $         $ 1,381,963       $ 9,035 $ 10,750 $ 3,381                      
Number of shares issued                     50,000 136,015                    
Debt conversion price per share | $ / shares                 $ 0.665   $ 0.665                      
Debt instrument face amount | $                 $ 44,000 $ 267,500           $ 50,000   $ 50,000        
Warrant term                 24 months 18 months                        
Trading days description         As the result, the exercise price of the warrants was reset to the lesser of (i) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to March 4, 2019, which is $0.025. (ii) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the Conversion Date.                                  
Strike price | $ / shares                                        
Number of stock option shares granted                                        
Option expenses | $                               165,122 $ 241,917 $ 377,377 $ 481,177      
Unamortized option expense | $                                   439,114        
Warrants [Member]                                            
Number of warrants to purchase common stock 160,000 80,036 83,078   1,125,000                                  
Warrant exercise price per share | $ / shares $ 0.50 $ 0.50 $ 0.50   $ 0.50                                  
Difference in fair value of financial instruments | $ $ 159,495 $ 106,534 $ 296,143   $ 3,553,635                                  
Fair value of warrants | $ $ 38,775                                          
Warrant term 5 years 5 years 18 months   18 months                                  
Trading days description As the result, the exercise price of the warrants was reset to 50% multiplied by the lowest Trading Price during the previous twenty 20 Trading Days prior to this note or notice of conversion. As the result, the exercise price of the warrants was reset to 50% multiplied by the lowest Trading Price during the previous twenty 20 Trading Days prior to notice of conversion. As the result, the exercise price of the warrants was reset to the lesser of (i) 60% multiplied by the lowest Trading Price during the previous twenty-five (25) Trading Days before the Issue Date of this Note or (ii) 60% multiplied by the Market Price.   As the result, the exercise price of the warrants was reset to the lesser of (i) $0.5 or (ii) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the exercise price upon issuance.                                  
Labrys Warrant [Member]                                            
Number of warrants to purchase common stock       608,000                                    
Warrant exercise price per share | $ / shares       $ 0.50                                    
Difference in fair value of financial instruments | $       $ 2,306,364                                    
Warrant term       5 years                                    
Trading days description       As the result, the exercise price of the warrants was reset to the lesser of (i) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the Issuance Date. (ii) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the Conversion Date.                                    
Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         2.48       2.21 0.78 7.7                      
Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00       0.00 0.00 0.00                      
Discount Rate [Member] | Black-Scholes Option Pricing Model [Member] | Warrants [Member]                                            
Fair value assumptions input, percentages | TradingDays 0.00 0.00 0.00   0.00                                  
Discount Rate [Member] | Black-Scholes Option Pricing Model [Member] | Labrys Warrant [Member]                                            
Fair value assumptions input, percentages | TradingDays       0.00                                    
Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00       0.00 0.00 0.00                      
Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member] | Warrants [Member]                                            
Fair value assumptions input, percentages | TradingDays 0.00 0.00 0.00   0.00                                  
Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member] | Labrys Warrant [Member]                                            
Fair value assumptions input, percentages | TradingDays       0.00                                    
Expected Life [Member]                                            
Fair value assumptions input, term         2 months 12 days       2 years 1 year 6 months 1 year 6 months 3 years                    
Expected Life [Member] | Black-Scholes Option Pricing Model [Member] | Warrants [Member]                                            
Fair value assumptions input, term 5 years 5 years 1 year 6 months   1 year 6 months                                  
Expected Life [Member] | Black-Scholes Option Pricing Model [Member] | Labrys Warrant [Member]                                            
Fair value assumptions input, term       5 years                                    
Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member] | Warrants [Member]                                            
Fair value assumptions input, percentages | TradingDays 2.53 2.66 2.66   2.48                                  
Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member] | Labrys Warrant [Member]                                            
Fair value assumptions input, percentages | TradingDays       2.48                                    
Warrants [Member]                                            
Difference in fair value of financial instruments | $                           $ 2,144                
Warrants [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                           1.20                
Warrants [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                           0.00                
Warrants [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                           0.00                
Warrants [Member] | Expected Life [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, term                           5 years                
Wilshire Energy Partners, LLC [Member]                                            
Warrant exercise price per share | $ / shares                       $ 0.665                    
Number of shares issued                       100,752                    
Wilshire Energy Partners, LLC [Member] | Warrant One [Member]                                            
Number of warrants to purchase common stock                           100,000                
Warrant exercise price per share | $ / shares                           $ 1.25                
Wilshire Energy Partners, LLC [Member] | Warrants Two [Member]                                            
Number of warrants to purchase common stock                           200,000                
Warrant exercise price per share | $ / shares                           $ 2.00                
Wilshire Energy Partners, LLC [Member] | Warrants Three [Member]                                            
Number of warrants to purchase common stock                           400,000                
Warrant exercise price per share | $ / shares                           $ 3.00                
Wilshire Energy Partners, LLC [Member] | Warrants [Member]                                            
Warrant minimum exercisable term                           1 year                
Warrant expiration date                           Jun. 01, 2021                
Unrelated Party [Member] | Warrants [Member]                                            
Warrant minimum exercisable term                           1 year                
Warrant expiration date                           Jun. 01, 2021                
Unrelated Party [Member] | Warrants One [Member]                                            
Number of warrants to purchase common stock                           125,000                
Warrant exercise price per share | $ / shares                           $ 1.25                
Unrelated Party [Member] | Warrants Two [Member]                                            
Number of warrants to purchase common stock                           100,000                
Warrant exercise price per share | $ / shares                           $ 2.00                
Unrelated Party [Member] | Warrants Three [Member]                                            
Number of warrants to purchase common stock                           100,000                
Warrant exercise price per share | $ / shares                           $ 3.00                
Third-Party Debt Holder [Member]                                            
Number of warrants to purchase common stock                                         875,000  
Unaffiliated Investor [Member]                                            
Number of warrants to purchase common stock             227,500                              
Warrant exercise price per share | $ / shares             $ 0.20 $ 0.20                            
Difference in fair value of financial instruments | $         $ 3,421,241   $ 7,880 $ 89,908                            
Number of shares issued               650,000                            
Debt instrument face amount | $           $ 58,300 $ 45,500                 $ 85,000   $ 85,000        
Warrant term             5 years 5 years                            
Trading days description         As the result, the exercise price of the warrants was reset to the lesser of (i) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to March 4, 2019, which is $0.025. (ii) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the Conversion Date. The maturity date for the Note is September 19, 2019 ("Maturity Date"), and is the date upon which the principal sum, as well as any accrued and unpaid interest, shall be due and payable. This Company may prepay any amount outstanding under this Note, during the initial 60 calendar day period after the issuance of this Note, by making a payment to the Holder of an amount in cash equal to 125% multiplied the amount that the Company is prepaying Notwithstanding anything to the contrary contained in this Note, the Company may prepay any amount outstanding under each tranche of this Note, during the 61st through 120 calendar day period after the issuance of the respective tranche of this Note, by making a payment to the Holder of an amount in cash equal to 135% multiplied the amount that the Company is prepaying. Notwithstanding anything to the contrary contained in this Note, the Company may prepay any amount outstanding under each tranche of this Note, during the 121st through 180 calendar day period after the issuance of the respective tranche of this Note, by making a payment to the Holder of an amount in cash equal to 140% multiplied the amount that the Company is prepaying. This Company may prepay any amount outstanding under each tranche of this Note, during the initial 60 calendar day period after the issuance of the respective tranche of this Note, by making a payment to the Holder of an amount in cash equal to 125% multiplied the amount that the Company is prepaying Notwithstanding anything to the contrary contained in this Note, the Company may prepay any amount outstanding under each tranche of this Note, during the 61st through 120 calendar day period after the issuance of the respective tranche of this Note, by making a payment to the Holder of an amount in cash equal to 135% multiplied the amount that the Company is prepaying.                              
Call payment | $               $ 20,000                            
Unaffiliated Investor [Member] | Two Tranches [Member]                                            
Difference in fair value of financial instruments | $               89,908                            
Debt instrument face amount | $               380,000                            
Call payment | $               $ 20,000                            
Unaffiliated Investor [Member] | Tranche 1 [Member]                                            
Number of warrants to purchase common stock               687,500                            
Warrant exercise price per share | $ / shares               $ 0.20                            
Warrant term               5 years                            
Unaffiliated Investor [Member] | Tranche 2 [Member]                                            
Number of warrants to purchase common stock               2,062,500                            
Warrant exercise price per share | $ / shares               $ 0.20                            
Warrant term               5 years                            
Unaffiliated Investor [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00   0.00 0.00                            
Unaffiliated Investor [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00   0.00 0.00                            
Unaffiliated Investor [Member] | Expected Life [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, term         4 years 8 months 12 days   5 years 5 years                            
Unaffiliated Investor [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         2.48   2.25 2.26                            
Unaffiliated Investor [Member]                                            
Difference in fair value of financial instruments | $         $ 299,594                                  
Trading days description         As the result, the exercise price of the warrants was reset to the lesser of (i) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to March 4, 2019, which is $0.025. (ii) 50% multiplied by the lowest Trading Price during the previous twenty (20) Trading Day prior to the Conversion Date.                                  
Unaffiliated Investor [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00                                  
Unaffiliated Investor [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         0.00                                  
Unaffiliated Investor [Member] | Expected Life [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, term         4 years 9 months 18 days                                  
Unaffiliated Investor [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays         2.48                                  
Director One [Member] | First Option [Member]                                            
Strike price | $ / shares                             $ 2              
Number of stock option shares granted                             50,000              
Description of vesting period                             vesting when the Company achieves and maintains a total average daily production level of 100 barrels of oil equivalent per day ("BOE/D") for at least 30 days.              
Director Two [Member] | Second Option [Member]                                            
Strike price | $ / shares                             $ 3              
Number of stock option shares granted                             50,000              
Description of vesting period                             vesting when the Company achieves and maintains a total average daily production level of 200 BOE/D for at least 60 days.              
Director Three [Member] | Third Option [Member]                                            
Strike price | $ / shares                             $ 4              
Number of stock option shares granted                             50,000              
Description of vesting period                             vesting when the Company achieves and maintains a total average daily production level of 500 BOE/D for at least 90 days.              
Mr. Christopher Jarvis [Member]                                            
Strike price | $ / shares                         $ 1.99                  
Number of stock option shares granted                         400,000                  
Description of vesting period                         vesting quarterly over two years commencing with the first quarter following the 90-day probationary period.                  
Fair value of stock option | $                         $ 616,055                  
Mr. Christopher Jarvis [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         1.29                  
Mr. Christopher Jarvis [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         0.00                  
Mr. Christopher Jarvis [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         0.00                  
Mr. Christopher Jarvis [Member] | Expected Life [Member]                                            
Fair value assumptions input, term                         5 years                  
Mr. Kevin Sylla [Member]                                            
Strike price | $ / shares                         $ 1.99                  
Number of stock option shares granted                         1,200,000                  
Description of vesting period                         vesting quarterly over the term of three years.                  
Fair value of stock option | $                         $ 1,986,902                  
Mr. Kevin Sylla [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         1.29                  
Mr. Kevin Sylla [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         0.00                  
Mr. Kevin Sylla [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]                                            
Fair value assumptions input, percentages | TradingDays                         0.00                  
Mr. Kevin Sylla [Member] | Expected Life [Member]                                            
Fair value assumptions input, term                         7 years                  
Consultants [Member]                                            
Number of common stock shares issued for services                                   1,175,000        
Value of common stock shares issued for services | $                                   $ 179,848        
Employees [Member] | Restricted Stock [Member]                                            
Common stock , shares authorized                               96,666   96,666        
Common stock, value | $                               $ 18,733   $ 18,733        
Debt Holder [Member]                                            
Number of warrants to purchase common stock         1,110,000                                  
Number of stock returned         650,000