Note 7 - Related Party Transactions (Details) - USD ($) |
6 Months Ended | 12 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2014 |
Mar. 31, 2015 |
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Net additional funding by related party notes | $ 0 | $ 1,837 | ||
Debt Conversion, Original Debt, Amount | $ 33,400 | |||
Common Stock | ||||
Debt Conversion, Converted Instrument, Shares Issued | 120,000 | |||
Texas Gulf Exploration & Production Inc. | ||||
Service Fee | 10.00% | |||
Director | ||||
Net additional funding by related party notes | $ 80,894 | |||
Office Space and Administrative Services | ||||
Monthly payment amount | $ 2,500 | |||
Working Capital Advance Loan | Director | ||||
Long-term Debt, Gross | $ 128,116 |
X | ||||||||||
- Definition The fee percentage for the right of first refusal to provide wellhead services for oil and gas wells. No definition available.
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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