General Information (Details) |
1 Months Ended | 6 Months Ended | |||
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Jul. 22, 2019
USD ($)
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Jan. 18, 2019
USD ($)
$ / shares
shares
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Feb. 28, 2021
USD ($)
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Feb. 29, 2020
USD ($)
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Jun. 01, 2018
m²
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| General Information (Details) [Line Items] | |||||
| Interest acquisition percentage | 100.00% | ||||
| Area of land (in Square Meters) | m² | 1,312 | ||||
| Stock issued | $ 3,481,483 | $ 1,597,176 | |||
| BLM Mineral Lease [Member] | |||||
| General Information (Details) [Line Items] | |||||
| Operating leases, indemnification agreements, description | On July 22, 2019, 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 for a total consideration of $13,000,000 settled by the issuance of 30,000,000 shares at an issue price of $0.40 per share, and cash of $1,000,000, of which $100,000 is still owing. | On January 18, 2019, 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. | |||
| Cash reserve deposit required and made | $ 13,000,000 | $ 10,800,000 | 3,000,000 | ||
| Stock issued | $ 1,800,000 | $ 1,907,000 | |||
| Issuance of shares (in Shares) | shares | 15,000,000 | ||||
| Issue price (in Dollars per share) | $ / shares | $ 0.60 | ||||
| Acquisition of operating rights, description | Between March 14, 2019 and February 28, 2021, 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. | ||||
| Outstanding balance form total consideration | $ 1,093,000 | ||||
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- References No definition available.
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- References No definition available.
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- Definition Issue price. No definition available.
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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. 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 Name of the acquired entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 fair value of stock issued in noncash financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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