Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.10.0.1
BALANCE SHEETS - USD ($)
Sep. 30, 2018
Sep. 30, 2017
Current Assets    
Cash $ 5,621,814 $ 6,426
Accounts Receivable, Net 6,286,796  
Prepaid Expenses and Other Current Assets 32,042 40,573
Total Current Assets 11,940,652 46,999
Property and Equipment, net of depreciation 14,786 3,484
Oil and Natural Gas Properties, Full Cost Method of Accounting, Unproved Properties 8,112,784 1,887,879
Other Non-Current Assets 24,785  
Total Non-Current Assets 8,152,355 1,891,363
Total Assets 20,093,007 1,938,362
Current Liabilities    
Accounts Payable 7,591,236 476,244
Deposits from Joint Interest Owners 4,078,786  
Related Party Payable 306,386 298,458
Accrued Interest Payable 1,732,239 1,318,188
Accrued Expenses and Other Payables 268,862 1,321,927
Loans from Related Parties 9,084,500 9,155,581
Notes Payable   3,690
Convertible Promissory Notes Payable 135,000 669,419
Derivative Financial Instrument 271,710  
Funds Received from Capital Raise 965,800  
Stock Payable   11,605
Other 44,723  
Total Current Liabilities 24,479,242 13,255,112
Total Liabilities 24,479,242 13,255,112
Commitments and Contingencies (Note 11)  
Stockholders' Deficit    
Preferred Stock; par value ($0.001); Authorized 50,000,000 shares none issued or outstanding  
Common Stock; par value ($0.001); Authorized 1,500,000,000 as of September 30, 2018 and 975,000,000 as of September 30, 2017; issued and outstanding 832,013,272 and 692,196,625, as of September 30, 2018 and 2017, respectively 832,013 692,196
Additional Paid-in Capital 36,640,009 27,212,577
Accumulated Deficit (41,858,257) (39,221,523)
Total Stockholders' Deficit (4,386,235) (11,316,750)
Total Liabilities and Stockholders' Deficit $ 20,093,007 $ 1,938,362