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Consolidated Statements of Cash Flows (Unadited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Operating activities:      
Net loss for the period $ (550,163) $ (826,290)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 284,884  
Depletion 163,049 125,754 $ 774,547
Depreciation 5,348  
Accretion of asset retirement obligation 84,058 45,419 224,759
Loss on debt settlement 102,500  
Interest from loans payable 22,183  
Gain on bargain purchase (15,695)  
Changes in operating assets and liabilities:      
Receivables (334,478) (16,382)  
Prepaid expenses and deposits 39,646 (7,203)  
Accounts payable and accrued liabilities 287,697 8,170  
Net cash used in operating activities (180,160) (401,343)  
Investing activities:      
Issuance of note receivable (636)  
Purchase of Tiway, net of $500,000 deposit and $979,964 in acquired cash and restricted cash (620,036)  
Oil and gas properties expenditures (309,515) (67,235)  
Net cash used in investing activities (309,515) (687,907)  
Financing activities:      
Proceeds from stock subscriptions received 675,000 106,000  
Share issuance costs (7,250)  
Proceeds from loans payable 2,500  
Repayments of loans payable (92,520) (100,000)  
Net cash provided by financing activities 577,730 6,000  
Effect of exchange rate changes on cash and restricted cash (15,314) (20,703)  
Change in cash and restricted cash 72,741 (1,103,953)  
Cash and restricted cash at beginning of period 258,164 1,550,937 1,550,937
Cash and restricted cash at end of period 330,905 446,984 $ 258,164
Non-cash investing and financing activities:      
Oil and gas expenditures included in accounts payable 26,762  
Restricted stock issued for oil and gas property expenditures 67,500 8,214  
Stock issued for restricted stock units 8  
Issuance of common stock for stock subscriptions 80,400 1,011,000  
Loans payable converted to stock 250,000  
Asset retirement cost addition $ 1,127,344