Quarterly report pursuant to Section 13 or 15(d)

Reclamation and Restoration Provisions (Details)

v3.20.2
Reclamation and Restoration Provisions (Details) - USD ($)
1 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2015
May 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Reclamation and Restoration Provisions (Details) [Line Items]        
Oil and Gas Reclamation Liability, Noncurrent   $ 2,970,497 $ 2,970,497 $ 583,664
Discount rate for provision     2.00% 2.00%
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.  
Oil and Gas Reclamation Liability, Noncurrent   $ 498,484 $ 498,484 $ 371,340
Site Restoration [Member]        
Reclamation and Restoration Provisions (Details) [Line Items]        
Oil extraction plant lease term   25 years    
Provision for dismantling facility $ 200,000      
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 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.  
Oil and Gas Reclamation Liability, Noncurrent   $ 2,472,013 $ 2,472,013 $ 212,324