Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Sep. 30, 2021
Current Assets    
Cash $ 541,193 $ 1,517,522
Prepaid Expenses and Other Current Assets 208,531 54,398
Total Current Assets 749,724 1,571,920
Property and Equipment, net 1,211 1,845
Oil and Natural Gas Properties, Full Cost Method of Accounting, Unproved Properties 9,088,448 12,124,720
Total Non-Current Assets 9,089,659 12,126,565
Total Assets 9,839,383 13,698,485
Current Liabilities    
Accounts Payable 61,035 52,814
Related Party Payable 404,469 404,469
Related Party Accrued Interest Payable 3,180,987 2,961,689
Loans from Related Parties 8,725,500 8,725,500
Accrued Interest Payable 126,940 115,860
Convertible Notes Payable, net of Debt Discount 219,876 176,663
Derivative Financial Instruments 1,385,887 1,201,656
Total Current Liabilities 14,104,694 13,638,651
Total Liabilities 14,104,694 13,638,651
Stockholders’ Equity (Deficit)    
Preferred Stock; par value ($0.001); Authorized 50,000,000 shares none issued or outstanding
Common Stock; par value ($0.001); Authorized 1,500,000,000 shares; issued and outstanding 1,268,240,346 as of March 31, 2022 and September 30, 2021, respectively 1,268,240 1,268,240
Additional Paid-in-Capital 59,031,360 58,999,585
Accumulated Deficit (64,564,911) (60,207,991)
Total Stockholders’ Equity (Deficit) (4,265,311) 59,834
Total Liabilities and Stockholders’ Equity (Deficit) $ 9,839,383 $ 13,698,485