Quarterly report pursuant to Section 13 or 15(d)

OIL AND NATURAL GAS PROPERTIES (Details Narrative)

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OIL AND NATURAL GAS PROPERTIES (Details Narrative)
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 30, 2019
May 31, 2019
ft
Jan. 31, 2019
USD ($)
Jun. 30, 2020
USD ($)
Number
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
a
Number
ft
Jun. 30, 2019
USD ($)
Number
Acres of three-dimensional (3-D) seismic data | a           2,200,000  
Received insurance claim           $ 1,200,000  
Wells in process           900,000  
Interest expense capitalized       $ 38,400,000   $ 38,400,000  
Accrued payable             $ 1,238,679
Number of leased federal outer continental shelf blocks | Number       4   4  
Number of wellbores drilled | Number           2 2
Accounts receivable reclassified to oil and gas properties - unproved           $ 3,600,000  
Impairment charges           $ 2,124,885  
Gulf of Mexico Wells [Member]              
Percent of working interest   100.00% 100.00%     100.00%  
Percent of working interest returned to company 5.00%            
Estimated insurance claim     $ 10,800,000        
Total depth of first drilled well | ft   15,254          
Depth of second drilled well | ft           15,254  
Depth of originally permitted second drilled well | ft           29,857  
Received insurance claim           $ 2,500,000  
Total costs and expenses           $ 4,800,000  
Number of wellbores drilled | Number           2  
Oil and Natural Gas Properties [Member]              
Amount of interest expense capitalized during period       $ 1,200,000 $ 400,000 $ 2,300,000 $ 600,000
Amount of general and administrative expenses capitalized during period       $ 300,000 $ 300,000 $ 700,000 600,000
Number of leased federal outer continental shelf blocks | Number       4   4  
Impairment charges           $ 2,100,000 $ 4,300,000
Credits to Company's interest in properties       $ 2,100,000   $ 2,100,000