Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

v3.21.2
Property, Plant and Equipment (Tables)
 12 Months Ended
Aug. 31, 2019
Property, Plant and Equipment [Abstract]  
Schedule of property, plant and equipment
    Oil
Extraction
Plant		     Other
Property and
Equipment		     Total  
Cost                  
August 31, 2017   $ 16,846,500     $ 315,967     $ 17,162,467  
Additions     6,254,535       78,588       6,333,123  
August 31, 2018     23,101,035       394,555       23,495,590  
Additions     12,454,792       43,613       12,498,405  
August 31, 2019   $ 35,555,827     $ 438,168     $ 35,993,995  
                         
Accumulated Amortization                        
August 31, 2017   $ 2,148,214     $ 107,300     $ 2,255,514  
Additions     -       51,181       51,181  
August 31, 2018     2,148,214       158,481       2,306,695  
Additions     -       73,650       73,650  
August 31, 2019   $ 2,148,214     $ 232,131     $ 2,380,345  
                         
Carrying Amount                        
August 31, 2017   $ 14,698,286     $ 208,667     $ 14,906,953  
August 31, 2018   $ 20,952,821     $ 236,074     $ 21,188,895  
August 31, 2019   $ 33,407,613     $ 206,037     $ 33,613,650