CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2017 |
Dec. 31, 2016 |
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| Income Statement [Abstract] | ||||
| Sales | $ 0 | $ 0 | $ 0 | $ 0 |
| Operating expenses: | ||||
| Facility operations | 5,835 | 16,344 | 21,241 | 58,674 |
| General and Administrative | 250,772 | 171,345 | 866,053 | 530,075 |
| Depreciation | 17,726 | 21,500 | 53,170 | 42,500 |
| Total operating expenses | 274,333 | 209,189 | 940,464 | 631,249 |
| Operating loss before other income (expense) | (274,333) | (209,189) | (940,464) | (631,249) |
| Other income (expense): | ||||
| Interest expense | (63,870) | (55,822) | (124,386) | (164,489) |
| Amortization of debt discount | (231,834) | 0 | (401,313) | 0 |
| Financing costs | (385,576) | 0 | (895,640) | 0 |
| Change in fair value of derivative liability | (332,000) | 0 | (239,000) | 0 |
| Change in fair value of warrant liability | (406,000) | 0 | (436,000) | 0 |
| Total other income (expense) | (1,419,280) | (55,822) | (2,096,339) | (164,489) |
| Loss before income taxes | (1,693,613) | (265,011) | (3,036,803) | (795,738) |
| Provision for income taxes | 0 | 0 | 0 | 0 |
| Net Loss | $ (1,693,613) | $ (265,011) | $ (3,036,803) | $ (795,738) |
| Loss per share - Basic | $ (0.02) | $ (0.00) | $ (0.03) | $ (0.01) |
| Weighted average shares outstanding - Basic | 94,701,159 | 89,424,477 | 93,345,203 | 89,437,931 |
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- References No definition available.
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Facility expenses incurred related to gas and oil produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- References No definition available.
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- Definition The cash outflow for loan and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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