Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

v3.20.4
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]    
Revenues  
Operating Expenses:    
Impairment of Oil and Natural Gas Properties 2,424,885 $ 6,000,517
General and Administrative Expenses 1,098,233 1,472,729
Net Loss from Operations (3,523,118) (7,473,246)
Other Income (Expense):    
Interest Expense, net (38,762) (1,828,489)
Interest Income 22,649 76,469
Loss on Debt Extinguishment (1,513,334) (5,099,340)
Gain on Derivative Financial Instrument 2,636,473 600,853
Net Loss Before Income Taxes (2,416,092) (13,723,753)
Income Taxes 0 0
Net Loss $ (2,416,092) $ (13,723,753)
Loss Per Share - Basic and Diluted (in dollars per share) $ 0.00 $ (0.01)
Weighted Average Shares Outstanding - Basic and Diluted (in shares) 1,183,190,324 983,454,724