Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Details 1)

v3.20.1
SEGMENT INFORMATION (Details 1) - USD ($)
3 Months Ended 6 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Feb. 29, 2020
Feb. 28, 2019
Revenues from hydrocarbon sales $ 68,509 $ 21,248 $ 169,041 $ 21,248
Gross Loss (771,391) (116,747) (1,440,593) (150,497)
Operating Expenses        
Depreciation, depletion and amortization 11,522 16,343 85,842 32,516
Selling, general and administrative expenses 1,545,023 2,305,020 3,927,105 6,111,009
Share-based compensation     35,443 61,198
Loss on settlement of liabilities $ 265,360 14,482 427,907 (477,987)
Equity loss from investment of Accord GR Energy, net of tax   $ (50,000)   (100,000)
Segment [Member]        
Revenues from hydrocarbon sales     169,000 21,000
Other production and maintenance costs     1,406,000  
Advance royalty payments     204,000 171,000
Gross Loss     (1,441,000) (150,000)
Operating Expenses        
Depreciation, depletion and amortization     86,000 33,000
Selling, general and administrative expenses     3,927,000 6,571,000
Investor relations     41,000  
Professional fees     1,573,000 3,246,000
Research and development expenses       113,000
Salaries and wages     495,000 530,000
Share-based compensation     407,000 611,000
Travel and promotional expenses     632,000 1,702,000
Other     779,000 369,000
Financing costs, net     989,000 1,640,000
Other income     (707,000) (59,000)
Loss on settlement of liabilities     (428,000) 18,000
Loss on settlement of convertible debt     (232,000) 100,000
Interest income     (47,000)  
Derivative liability movements     659,000  
Equity loss from investment of Accord GR Energy, net of tax       100,000
Net loss     6,395,000 8,553,000
Oil Extraction [Member]        
Revenues from hydrocarbon sales     110,000 21,000
Other production and maintenance costs     1,406,000  
Advance royalty payments     0 64,000
Gross Loss     (1,296,000) (43,000)
Operating Expenses        
Depreciation, depletion and amortization     86,000 33,000
Selling, general and administrative expenses     3,924,000 6,558,000
Investor relations     41,000  
Professional fees     1,572 3,246,000
Research and development expenses       113,000
Salaries and wages     495,000 530,000
Share-based compensation     407,000 611,000
Travel and promotional expenses     632,000 1,702,000
Other     777,000 356,000
Financing costs, net     989,000 1,640,000
Other income     (707,000) (59,000)
Loss on settlement of liabilities     (428,000) 18,000
Loss on settlement of convertible debt     (232,000) 100,000
Interest income     (47,000)  
Derivative liability movements     659,000  
Equity loss from investment of Accord GR Energy, net of tax       100,000
Net loss     6,247,000 8,433,000
Mining operations [Member]        
Revenues from hydrocarbon sales     59,000 0
Other production and maintenance costs     0  
Advance royalty payments     204,000 107,000
Gross Loss     (145,000) (107,000)
Operating Expenses        
Depreciation, depletion and amortization     0 0
Selling, general and administrative expenses     3,000 13,000
Investor relations     0  
Professional fees     1,000 0
Research and development expenses       0
Salaries and wages     0 0
Share-based compensation     0 0
Travel and promotional expenses     0 0
Other     2,000 13,000
Financing costs, net     0 0
Other income     0 0
Loss on settlement of liabilities     0 0
Loss on settlement of convertible debt     0 0
Interest income     0  
Derivative liability movements     0  
Equity loss from investment of Accord GR Energy, net of tax       0
Net loss     $ 148,000 $ 120,000