Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)

v3.19.3.a.u2
SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
3 Months Ended
Dec. 31, 2019
USD ($)
Number
shares
Dec. 31, 2018
USD ($)
Number
shares
Oct. 02, 2019
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
General and Administrative Expenses $ 476,922 $ 129,438      
Net Loss (153,143) $ (346,319)      
Accumulated losses $ (55,718,724)   $ (55,565,581) $ (55,582,010)  
Antidilutive securities excluded from EPS calculation | shares 437,801,338 223,537,733      
Number of wellbores drilled | Number 2 2      
Amount of working capital $ 19,600,000        
Short-term debt 13,300,000        
Unrestricted cash 3,771,395 $ 3,796,786   $ 1,138,919 $ 5,621,814
Payment of joint payables from drilling operations 3,100,000        
Minimum capital which company estimated to raise to meet its obligations and planned expenditures 10,000,000        
Oil and Gas Joint Operations [Member]          
Accounts receivable, net $ 2,700,000 $ 8,500,000