Intangible Assets (Details) |
12 Months Ended |
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Aug. 31, 2012 | |
| Oil Extraction Technologies [Member] | |
| Intangible Assets (Details) [Line Items] | |
| Intangible assets, description | 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 400 to 500 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. |
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- Definition A description of the finite or indefinite-lived intangible asset (excluding goodwill) that is impaired. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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