Quarterly report pursuant to Section 13 or 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)

v3.20.2
SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 31, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Number
shares
Jun. 30, 2019
USD ($)
Number
shares
Oct. 02, 2019
USD ($)
Sep. 30, 2019
USD ($)
General and Administrative Expenses   $ 325,697 $ 439,242 $ 1,238,940 $ 955,901    
Net Loss   (2,705,371) $ (6,508,013) (3,493,396) $ (12,162,013)    
Accumulated losses   $ (59,058,975)   (59,058,975)   $ (55,565,581) $ (55,582,010)
Accounts receivable - joint interest partner       $ 3,600,000      
Percentage of working interest   5.00%   5.00%      
Antidilutive securities excluded from EPS calculation | shares       586,722,166 357,582,559    
Number of wellbores drilled | Number       2 2    
Amount of working capital   $ (18,400,000)   $ (18,400,000)      
Short-term debt   14,900,000   14,900,000      
Unrestricted cash   1,059,737   1,059,737     1,138,919
Payment of joint payables from drilling operations       800,000      
Subsequent Event [Member]              
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   $ 300,000   300,000     $ 8,500,000
Accounts receivable - joint interest partner       $ 3,600,000