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Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 204,283 $ 130,476
Receivables 908,452 600,312
Prepaid expenses and deposits 177,367 316,694
Total current assets 1,290,102 1,047,482
Oil and gas properties, net 7,156,864 5,723,394
Property and equipment, net 92,431 97,777
Restricted cash 126,622 127,688
Note receivable 50,242 46,109
Total assets 8,716,261 7,042,450
Current liabilities:    
Accounts payable and accrued liabilities 1,576,745 1,584,050
Loans payable 647,450 965,287
Total current liabilities 2,224,195 2,549,337
Asset retirement obligation 3,738,661 2,527,259
Total liabilities 5,962,856 5,076,596
Stockholders' equity:    
Common stock Authorized: 250,000,000 shares, par value $0.00001 Issued and outstanding: 68,463,904 and 58,243,904 shares, respectively. 686 582
Additional paid-in capital 24,053,424 22,905,377
Stock subscriptions and stock to be issued 20,000 80,400
Accumulated other comprehensive income (loss) 114,494 (135,469)
Accumulated deficit (21,435,199) (20,885,036)
Total stockholders' equity 2,753,405 1,965,854
Total liabilities and stockholders' equity $ 8,716,261 $ 7,042,450