Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Details)

v3.21.2
Intangible Assets (Details)
3 Months Ended
Nov. 30, 2019
Oil Extraction Technologies [Member]  
Intangible Assets (Details) [Line Items]  
Increase in capacity plant, description the Company acquired a closed-loop solvent based oil extraction technology which facilitates the extraction of oil from a wide range of bituminous sands and other hydrocarbon sediments. The Company has filed patents for this technology in the USA and Canada and has employed it in its oil extraction plant. The Company commenced partial production from its oil extraction plant on September 1, 2015 and was amortizing the cost of the technology over fifteen years, the expected life of the oil extraction plant. Since the Company has increased the capacity of the plant to 1,000 barrels daily during 2018, and expects to further expand the capacity to an additional 3,000 barrels daily, it determined that a more appropriate basis for the amortization of the technology is the units of production at the plant after commercial production begins again. No amortization of the technology was recorded during the three months ended November 30, 2019 and 2018.