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Interim Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 947,131 $ 795,520
Receivables 692,226 661,298
Prepaid expenses and deposits 57,471 296,827
Note receivable 46,924 49,192
Total current assets 1,743,752 1,802,837
Oil and natural gas properties, net 6,216,957 6,650,932
Property and equipment, net 124,538 106,155
Restricted cash 98,465 102,751
Total assets 8,183,712 8,662,675
Current liabilities:    
Accounts payable and accrued liabilities 1,127,968 1,385,394
Loans payable - current 75,215 380,068
Operating lease liability - current 16,343
Total current liabilities 1,219,526 1,765,462
Convertible debt 41,139
Derivative liability 81,956
Asset retirement obligation 4,335,701 4,026,129
Operating lease liability - long term 27,778
Loans payable - long term 492,446
Total liabilities 6,198,546 5,791,591
Stockholders' equity:    
Common stock Authorized: 250,000,000 shares, par value $0.00001; issued and outstanding: 83,573,466 and 83,360,966 shares, respectively. 836 834
Additional paid-in capital 26,625,630 26,220,157
Stock subscriptions and stock to be issued 428,587 41,302
Accumulated other comprehensive loss (269,796) (130,660)
Accumulated deficit (24,800,091) (23,260,549)
Total stockholders' equity 1,985,166 2,871,084
Total liabilities and stockholders' equity $ 8,183,712 $ 8,662,675