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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Sep. 30, 2019
Current Assets    
Cash and cash equivalents $ 37,706 $ 49,715
Accounts receivable 70,368 83,398
Prepaid expenses 39,423 34,266
Total Current Assets 147,497 167,379
Long term investments 406,576 396,782
Unproved Oil and gas properties, net, based on full cost method of accounting 22,047,866 22,040,307
Property and equipment, net 70,146 73,509
TOTAL ASSETS 22,672,085 22,677,977
Current Liabilities    
Accounts payable and accrued liabilities 91,739 69,617
Accounts payable and accrued liabilities - related parties 1,375
Total Current Liabilities 91,739 70,992
Asset retirement obligations (Note 7) 514,970 500,392
TOTAL LIABILITIES 606,709 571,384
(Commitments and contingencies Note 11)
SHAREHOLDERS' EQUITY    
Common Stock: (Note 8) Authorized: 600,000,000 shares at $0.001 par value Issued and outstanding: 230,574,603 shares (September 30, 2019 – 230,574,603 shares) 230,574 230,574
Additional paid in capital 43,104,276 43,104,276
Accumulated deficit (21,269,474) (21,228,257)
Total Shareholders' Equity 22,065,376 22,106,593
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,672,085 $ 22,677,977