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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Operating activities:          
Net loss for the period $ (38,941) $ (850,104) $ (589,104) $ (1,686,328)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Stock-based compensation     310,046  
Depletion 190,345 143,376 353,394 269,130 $ 774,547
Depreciation 9,891 15,239  
Accretion of asset retirement obligation 93,467 57,562 177,525 102,981 224,759
Loss on debt settlement 102,500  
Interest from loans payable     37,098  
Gain on bargain purchase     (15,695)  
Changes in operating assets and liabilities:          
Receivables     (398,803) (271,049)  
Prepaid expenses and deposits     73,177 142,801  
Accounts payable and accrued liabilities     13,766 899,135  
Net cash used in operating activities     (215,208) (248,979)  
Investing activities:          
Purchase of Tiway, net of $500,000 deposit and $855,014 in acquired cash and restricted cash     (855,014)  
Property and equipment additions     (75,990)  
Oil and gas properties expenditures     (309,515)  
Net cash used in investing activities     (385,505) (855,014)  
Financing activities:          
Proceeds from stock subscriptions received     885,000 106,000  
Share issuance costs     (7,250)  
Proceeds from loans payable     2,500  
Repayments of loans payable     (124,058) (100,000)  
Net cash provided by financing activities     756,192 6,000  
Effect of exchange rate changes on cash and restricted cash     (59,369) (5,960)  
Change in cash and restricted cash     96,110 (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 $ 354,274 $ 446,984 354,274 446,984 $ 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 16,428  
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  
Deposit applied to oil and gas properties expenditures     $ 90,000