Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 2)

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INCOME TAXES (Details 2) - USD ($)
Sep. 30, 2020
Sep. 30, 2019
DEFERRED TAX ASSETS (LIABILITIES)    
Net operating losses $ 13,767,315 $ 10,295,547
Exploration costs (1,156,312) (1,110,135)
Oil and natural gas leases 1,337,094 2,336,776
IDC (1,689,664) (1,215,096)
Stock based compensation 666,202 567,406
Accrued interest and expenses not paid 579,349 386,685
Derivative financial instrument 224,816 69,120
Differences in book/tax depreciation 10,392 9,191
Net deferred tax asset 13,739,192 11,339,494
Valuation allowance (13,739,192) (11,339,494)
NET DEFERRED TAXES $ 0 $ 0