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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Oil and gas sales $ 626,216
Cost and expenses    
Production 554,742
Depletion 125,754
Accretion of asset retirement obligation 45,419
General and administrative 715,868 178,555
Total expenses 1,441,783 178,555
Loss before other income (expenses) (815,567) (178,555)
Other income (expenses)    
Gain on bargain purchase 270,565
Interest income 2,622 1,027
Interest expense (22,503)
Foreign exchange gain (loss) (6,537) 4,981
Total other income 244,147 6,008
Net loss for the period $ (571,420) $ (172,547)
Loss per share, basic and diluted $ (0.01) $ (0.00)
Weighted average number of shares outstanding 55,607,562 49,827,636