Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

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INCOME TAXES (Details 2) - USD ($)
Sep. 30, 2018
Sep. 30, 2017
DEFERRED TAX ASSETS    
Net operating losses $ 7,131,636 $ 5,611,276
Exploration costs (1,503,472) (931,289)
Oil and natural gas leases 2,192,654 691,336
Stock based compensation 411,287 138,278
Accrued interest and expenses not paid 271,190 246,360
Derivative financial instrument (57,059) 0
Differences in book/tax depreciation 13,573 7,215
Net deferred tax asset 8,459,809 5,763,176
Valuation allowance (8,459,809) (5,763,176)
NET DEFERRED TAXES $ 0 $ 0