General Information (Details) |
1 Months Ended | 6 Months Ended | 12 Months Ended | ||||
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Jul. 22, 2019
USD ($)
$ / shares
shares
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Jan. 18, 2019
USD ($)
$ / shares
shares
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Feb. 29, 2020
USD ($)
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Feb. 28, 2019
USD ($)
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Feb. 29, 2020
USD ($)
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Jun. 01, 2018
a
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Mar. 01, 2017 |
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General Information (Textual) | |||||||
Equity ownership | 44.70% | ||||||
Interest Acquisition Percentage | 100.00% | ||||||
Cash Reserve Deposit Required and Made | $ 13,000,000 | $ 10,800,000 | $ 3,000,000 | $ 3,000,000 | |||
Area of Land | a | 1,312 | ||||||
Stock Issued | $ 1,000,000 | $ 1,800,000 | $ 1,597,176 | $ 1,868,272 | $ 1,907,000 | ||
Operating Leases, Indemnification Agreements, Description | the Company acquired the remaining 50% of the operating rights under U.S. federal oil and gas leases, administered by the BLM covering approximately 5,960 gross acres (2,980 net acres) within the State of Utah | the Company paid $10,800,000 for the acquisition of 50% of the operating rights under U.S. federal oil and gas leases, administered by the U.S. Department of Interior’s Bureau of Land Management (“BLM”) covering approximately 5,960 gross acres (2,980 net acres) within the State of Utah. | the Company made cash deposits of $1,907,000, included in prepaid expenses and other current assets on the consolidated balance sheets for the acquisition of 100% of the operating rights under U.S. federal oil and gas leases, administered by the BLM in Garfield and Wayne Counties covering approximately 8,480 gross acres in P.R. Springs and the Tar Sands Triangle within the State of Utah. | the Company made cash deposits of $1,907,000, included in prepaid expenses and other current assets on the consolidated balance sheets for the acquisition of 100% of the operating rights under U.S. federal oil and gas leases, administered by the BLM in Garfield and Wayne Counties covering approximately 8,480 gross acres in P.R. Springs and the Tar Sands Triangle within the State of Utah. | |||
Issue price | $ / shares | $ 0.40 | $ 0.60 | |||||
Outstanding balance form total consideration | $ 1,093,000 | ||||||
Issuance of shares | shares | 30,000,000 | 15,000,000 |
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- Definition Issue price. No definition available.
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- Definition Represents outstanding balance from total consideration. No definition available.
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- Definition Area of land held. No definition available.
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- Definition Percentage of equity in the acquiree held by the acquirer immediately before the acquisition date in a business combination. No definition available.
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- Definition Cash deposited in a special reserve account for the exclusive benefit of customers pursuant to SEC Regulations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This element represents the description of a lease related indemnification agreement including the nature of the indemnification, the maximum potential amount of future payments the indemnification agreement could be required to make under the agreement, the current carrying amount of the liability and the nature of any recourse provision that would enable the lessee guarantor) to recover from third parties any of the amounts paid under the agreement and any assets held either as collateral or by third parties that upon occurrence of any triggering event or condition under the indemnification agreement the guarantor can obtain and liquidate to recover all or a portion of the amounts paid under the indemnification agreement. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition The fair value of stock issued in noncash financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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