Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.19.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Impairment of Oil and Natural Gas Properties $ 4,252,539   $ 4,252,539  
General & Administrative Expenses 439,242 $ 785,990 955,901 $ 1,176,455
Net Loss from Operations (4,691,781) (785,990) (5,208,440) (1,176,455)
Other Income/(Expenses):        
Interest Expense, net (2,080,620) (207,335) (2,284,928) (659,901)
Loss on Debt Extinguishment   (5,099,340) (217,141)
Gain (Loss) on Derivative Financial Instruments (106,399) (123,391)
Net Loss Before Income Taxes (6,878,800) (993,325) (12,716,099) (2,053,497)
Net Loss $ (6,878,800) $ (993,325) $ (12,716,099) $ (2,053,497)
Loss Per Share - Basic and Diluted (in dollars per share) $ (0.01) $ (0.00) $ (0.01) $ (0.00)
Weighted Average Shares Outstanding - Basic and Diluted (in shares) 1,090,288,822 785,008,992 946,785,438 750,498,503