Annual report pursuant to Section 13 and 15(d)

Reclamation and Restoration Provisions (Details)

v3.21.2
Reclamation and Restoration Provisions (Details) - USD ($)
 12 Months Ended
Aug. 15, 2015
Aug. 31, 2019
Oil Extraction Facility [Member]    
Reclamation and Restoration Provisions (Details) [Line Items]    
Oil extraction plant lease term   25 years
Provision for dismantling facility $ 350,000  
Reclamation and restoration provisions description   in accordance with the requirements to provide a surety bond to the Utah Division of Oil Gas and Mining in terms of the amendment to the Notice of Intent to Commence Large Mining Operations at an estimated production of 4,000 barrels per day, the Company estimated that the cost of dismantling the oil extraction plant and related equipment would increase to $498,484. The discount rate used in the calculation is estimated to be 2.32% on operations that are expected to commence in September 2021.
Discount rate for provision   2.00%
Site Restoration [Member]    
Reclamation and Restoration Provisions (Details) [Line Items]    
Reclamation and restoration provisions description   in accordance with the requirements to provide a surety bond to the Utah Division of Oil Gas and Mining in terms of the amendment to the Notice of Intent to Commence Large Mining Operations at an estimated production of 4,000 barrels per day, the Company estimated that the cost of restoring the site would increase to $2,472,013. The discount rate used in the calculation is estimated to be 2.32% on operations that are expected to commence in September 2021.
Discount rate for provision   2.00%
Lease term for restore contaminated and disturbed land   25 years
Provision for rehabilitation and restoration costs $ 200,000