Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Sep. 30, 2021
Current Assets    
Cash $ 245,294 $ 1,517,522
Prepaid Expenses and Other Current Assets 129,674 54,398
Total Current Assets 374,968 1,571,920
Property and Equipment, net 1,030 1,845
Oil and Natural Gas Properties, Full Cost Method of Accounting, Unproved Properties 9,088,448 12,124,720
Total Non-Current Assets 9,089,478 12,126,565
Total Assets 9,464,446 13,698,485
Current Liabilities    
Accounts Payable 60,891 52,814
Related Party Payable 404,469 404,469
Related Party Accrued Interest Payable 3,290,635 2,961,689
Loans from Related Parties 8,725,500 8,725,500
Accrued Interest Payable 132,480 115,860
Convertible Notes Payable, net of Debt Discount 227,000 176,663
Derivative Financial Instruments 1,076,295 1,201,656
Total Current Liabilities 13,917,270 13,638,651
Total Liabilities 13,917,270 13,638,651
Stockholders’ Equity (Deficit)    
Preferred Stock; par value ($0.001); Authorized 50,000,000 shares none issued or outstanding 0 0
Common Stock; par value ($0.001); Authorized 1,500,000,000 shares; issued and outstanding 1,268,240,346 as of June 30, 2022 and September 30, 2021, respectively 1,268,240 1,268,240
Additional Paid-in-Capital 59,116,487 58,999,585
Accumulated Deficit (64,837,551) (60,207,991)
Total Stockholders’ Equity (Deficit) (4,452,824) 59,834
Total Liabilities and Stockholders’ Equity (Deficit) $ 9,464,446 $ 13,698,485