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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Sep. 30, 2018
Current Assets    
Cash and cash equivalents $ 49,715 $ 298,241
Accounts receivable 83,398 40,920
Prepaid expenses 34,266 24,730
Total Current Assets 167,379 363,891
Long-term investments 396,782 398,055
Oil and gas properties, net, based on full cost method of accounting 22,040,307 21,975,868
Property and equipment, net 73,509 89,518
TOTAL ASSETS 22,677,977 22,827,332
Current Liabilities    
Accounts payable and accrued liabilities 69,617 45,137
Accounts payable and accrued liabilities - related parties 1,375
Total Current Liabilities 70,992 45,137
Asset retirement obligations (Note 10) 500,392 493,467
TOTAL LIABILITIES 571,384 538,604
(Commitments and contingencies Note 15)  
SHAREHOLDERS' EQUITY    
Common Stock: (Note 11) Authorized: 600,000,000 shares at $0.001 par value Issued and outstanding: 230,574,603 shares (September 30, 2018 - 230,574,603 shares) 230,574 230,574
Additional paid in capital 43,104,276 43,104,276
Subscriptions receivable - related party (15,000)
Accumulated deficit (21,228,257) (21,031,122)
Total Shareholders' Equity 22,106,593 22,288,728
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,677,977 $ 22,827,332