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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 202,712 $ 863,017
Account receivables 773,311 637,145
Prepaid expenses and deposits 24,302 30,035
Note receivable 50,671
Total current assets 1,000,325 1,580,868
Oil and gas properties, net 5,346,916 5,574,295
Property and equipment, net 128,257 45,116
Restricted cash 11,763 96,906
Total assets 6,487,261 7,297,185
Current liabilities:    
Accounts payable and accrued liabilities 1,496,510 1,170,568
Loans payable - current 549,424 14,304
Operating lease liability - current 12,116 4,759
Total current liabilities 2,058,050 1,189,631
Asset retirement obligation 4,010,624 3,633,427
Loans payable 17,730 546,729
Convertible debt 11,027 48,033
Derivative liability 1,804,572 79,458
Lease liability 27,693
Total liabilities 7,929,696 5,497,278
Stockholders' equity:    
Common stock; authorized: 250,000,000 shares, par value $0.00001; issued and outstanding: 125,339,156 shares 1,253 876
Additional paid-in capital 27,508,468 27,031,125
Stock subscriptions and stock to be issued 15,342 23,052
Accumulated other comprehensive loss (490,172) (311,104)
Accumulated deficit (28,477,326) (24,944,042)
Total stockholders' equity (1,442,435) 1,799,907
Total liabilities and stockholders' equity $ 6,487,261 $ 7,297,185