Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.7.0.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Impairment of Oil and Natural Gas Properties $ 3,316,212 $ 2,890,678 $ 3,316,212 $ 2,890,678
General & Administrative Expenses 67,857 296,777 744,682 1,306,381
Net Loss from Operations (3,384,069) (3,187,455) (4,060,894) (4,197,059)
Other Income/(Expenses):        
Interest Expense (383,457) (127,656) (1,085,625) (334,399)
Loss on Debt Extinguishment (50,701)   (50,701)  
Net Loss Before Income Taxes (3,818,227) (3,315,111) (5,197,220) (4,531,458)
Net Loss $ (3,818,227) $ (3,315,111) $ (5,197,220) $ (4,531,458)
Loss Per Share - Basic and Diluted (in dollars per share) $ (0.01) $ (0.00) $ (0.01) $ (0.01)
Weighted Average Shares Outstanding - Basic and Diluted (in shares) 685,152,225 680,512,225 683,955,339 677,604,919