T-rex Oil 10-Q/A 11 May 15 2015 Q3 Quarterly report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Dec. 31, 2014	Feb. 09, 2015
Document And Entity Information
Entity Registrant Name	T-REX OIL, INC.
Entity Central Index Key	1287900
Document Type	10-Q/A
Document Period End Date	31-Dec-14
Amendment Flag	TRUE
Amendment Description	EXPLANATORY NOTE
	T-Rex Oil, Inc. (the “Company”) is filing this Amendment to its Report on Form 10-Q for the Quarter ended December 31, 2014 filed with the Securities and Exchange Commission on February 17, 2015 for the sole purpose of disclosing a change in accounting principle and its related affects under ASC Topic 250 as well as revisions so to be consistent in its disclosures that the Company is filing its financial statements on a consolidated basis.
	As disclosed in the Company's filing of Form 8-K with the SEC on April 1, 2015, the Company acquired effective March 28, 2015, 83% of the outstanding common stock of Western Interiors Oil and Gas, Inc. (“WIOG”) in a stock for stock Exchange Agreement with the right to acquire within 6 months the remaining 17% of WIOG's outstanding common stock. As such, WIOG is an oil and gas company that follows the successful efforts method of accounting for its oil and gas operations. As noted in its filing of Form 10-Q for the Quarter ended December 31, 2014, the Company currently follows the full cost method of accounting for its oil and gas operations. Thus, management believes it is in the best interest of the Company that, as a result of the acquisition of WIOG, the Company changes the accounting for its oil and gas operations to the successful efforts method of accounting. Therefore, as a result of this change in accounting principle, the Company has revised its enclosed Consolidated Financial Statements under Part 1, Item 1 and Management's Discussion and Analysis under Part 1, Item 2.
Current Fiscal Year End Date	-28
Is Entity a Well-known Seasoned Issuer	No
Is Entity a Voluntary Filer	No
Is Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		7,809,857
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2015

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2014	Mar. 31, 2014
Current assets
Cash and cash equivalents	$1,064,935	$165,715
Prepaids	20,365
Total current assets	1,085,300	165,715
Property and equipment
Oil and gas properties, successful efforts method of accounting Unproved	1,770,164	19,564
Furniture and equipment, net of accumulated depreciation and impairment of $31,812 and $0, respectively	68,837
Net property and equipment	1,839,001	19,564
Other assets
Deposits and other assets	111,585
Total other assets	111,585
Total assets	3,035,886	185,279
Current liabilities
Accounts payable and accrued liabilities	38,049	19,695
Note payable other	8,728
Total current liabilities	46,777	19,695
Total liabilities	46,777	19,695
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Preferred shares, $.001 par value, 50,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.00001 par value; 275,000,000 shares authorized, 7,809,857 and 342,465 shares issued and outstanding at December 31, 2014 and March 31, 2014, respectively	7,810	342
Additional paid-in capital	4,516,664	178,673
Accumulated deficit	-1,535,365	-13,431
Total stockholders' equity	2,989,109	165,584
Total liabilities and stockholders' equity	$3,035,886	$185,279

Balance_Sheets_Parenthetical

Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Balance Sheets
Furniture and equipment, accumulated depreciation	$31,812	$0
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred shares, shares issued	0	0
Preferred shares, shares outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	275,000,000	275,000,000
Common stock, shares issued	7,809,857	342,465
Common stock, shares outstanding	7,809,857	342,465

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Operating expenses:
Geological and geophysical costs	$26,031		$91,898
General and administrative expenses	200,835		1,398,949
Asset impairment			27,368
Depreciation	2,452		3,719
Total operating expenses	229,318		1,521,934
Loss from operations	-229,318		-1,521,934
Income taxes
Net loss	($229,318)		($1,521,934)
Net loss per common share Basic and diluted	($0.12)		$1.66
Weighted average number of common shares	1,870,488	342,465	914,368	342,465

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
OPERATING ACTIVITIES
Net loss attributable to common stockholders	($1,521,934)
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation	3,719
Impairment of asset	27,368
Shareholder's non-cash contribution	200,000
Shareholder's non-cash contribution, related party	750,000
Equity based compensation	173
Changes in:
Prepaids	4,932
Accounts payable and accrued liabilities	18,354
Net cash (used in) operating activities	-517,388
INVESTING ACTIVITIES
Additions to oil and gas properties	-1,663,575
Additions to non oil and gas properties	-9,103
Acquisition of T-Rex Oil Inc, cash acquired	905,171
Additions to other assets	-11,585
Net cash (used in) investing activities	-779,092
FINANCING ACTIVITIES
Shareholders' cash contributions	2,195,700
Net cash provided by financing activities	2,195,700
NET CHANGE IN CASH
CASH, Beginning	165,715
CASH, Ending	1,064,935
SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION:
Issuance of equity for property	95,740
Interest paid
Income taxes paid

Statement_of_Changes_in_Stockh

Statement of Changes in Stockholders' Equity (USD $)	Total	Preferred Shares [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated (Deficit) [Member]
Balance at the beginning of the period, Amount at Feb. 11, 2014
Balance at the beginning of the period, Shares at Feb. 11, 2014
Shareholders' cash contributions	175,020			175,020
Shareholders' cash contributions, related party	285			285
Shareholders' non-cash contributions	845			845
Shareholder's non-cash contributions, related party	2,865			2,865
Recapitalization of shares			342	-342
Recapitalization of shares (in shares)			342,465
Net loss for the period	-13,431				-13,431
Balance at the end of the period, Amount at Mar. 31, 2014	165,584		342	178,673	-13,431
Balance at the end of the period, Shares at Mar. 31, 2014			342,465
Shareholders' cash contributions	2,195,700			2,195,700
Shareholders' non-cash contributions	250,000			250,000
Shareholder's non-cash contributions, related party	750,000			750,000
Equity Based compensation	45,913			45,913
Fair value of T-Rex Oil Inc net assets at exchange date	1,103,846			1,103,846
Recapitalization of shares			7,468	-7,468
Recapitalization of shares (in shares)			7,467,392
Net loss for the period	-1,521,934				-1,521,934
Balance at the end of the period, Amount at Dec. 31, 2014	$2,989,109		$7,810	$4,516,664	($1,535,365)
Balance at the end of the period, Shares at Dec. 31, 2014			7,809,857

Statement_of_Changes_in_Stockh1

Statement of Changes in Stockholders' Equity (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
Statement of Changes in Stockholders' Equity
Preferred stock, par value	$0.00	$0.00
Common stock, par value	$0.00	$0.00

Business_Organization

Business Organization	9 Months Ended
	Dec. 31, 2014
Business Organization [Abstract]
Business Organization	Note 1 – Business Organization
	Organization and History
	T-Rex Oil, Inc. (the “Company”) was incorporated in Colorado on September 2, 2014. Rancher Energy Corp was incorporated in Nevada on February 2, 2004. Effective October 20, 2014 T-Rex Oil, Inc. and Rancher Energy Corp were merged under the laws of the State of Colorado and T-Rex Oil, Inc. became the surviving entity. Effective October 29, 2014 the Company authorized 50,000,000 shares of preferred stock in addition to its common stock and completed a reverse split of its common stock, issued and outstanding, on a one (1) new share for three hundred fifty (350) old shares basis.
	The Company is currently engaged in the acquisition, exploration, and if warranted, development of oil and gas prospects in the Rocky Mountain and Mid Continent regions. Prior to August 2014, the Company had minimal operations that were focused mainly on administrative activities, the identification of potential oil and gas prospects, and one prospect participation in Colorado that was rescinded in June 2014.
	On December 22, 2014, the Company acquired 100% of the issued and outstanding common stock of Terex Energy Corporation (“Terex”) pursuant to Exchange Agreements with the shareholders of Terex. Pursuant to the Exchange Agreements, the Company issued 7,385,700 shares of its restricted common stock for 100% of the issued and outstanding common stock of Terex. The shares were exchanged on a one for one basis. As a result, Terex has become a wholly-owned subsidiary of the Company.
	T-Rex Oil, Inc. is the legal acquirer and Terex is the legal acquiree. However under accounting rules, since the Company is a public company, which had nominal activity, the acquisition is treated as a recapitalization of Terex. Therefore, Terex is the accounting acquirer in the transaction since Terex's shareholders and management gained control of T-Rex and T-Rex is the accounting acquiree. See Note 2 – Summary of Significant Accounting Policies – Principles of Consolidation.
	.
	On August 19, 2014, prior to entering into the Agreement, Terex had purchased 371,004 shares from the Company. After such purchase, Terex owned approximately 52% of the issued and outstanding common stock of the Company. As part of the December 22, 2014 transaction, Terex surrendered its ownership of the 371,004 shares of T-Rex Oil Inc. common stock and as a result such shares have been canceled.
	Terex was incorporated in the State of Colorado in February 2014 and is headquartered in Broomfield, Colorado. Terex has interests in oil and gas properties that are discussed hereafter and intends to strive to be a low cost and effective producer of hydrocarbons and to develop the business model and corporate strategy as discussed herein.
	The Company's approach to lease acquisition, development and production is founded on the discipline of acquiring leases in areas of proven production. In most cases the leases that are under consideration have at one time contained producing oil or gas wells and have had offset production. Currently, the leases have production or shut-in wells that are viable for work over and or re-completion. This managed risk approach greatly reduces the risk normally associated with oil and gas development. There are hundreds of wells in the Company's area of interest that meet these criteria. In many instances, the wells were shut-in during a period of declining oil and gas prices and in most cases are ideal for our business model. Our business model is simple; strict adherence to lease acquisition surrounded by proven production, offering well workovers, re-completion, and enhanced oil recovery opportunities in the known producing formations, with long term production potential at a low cost of development, maintenance, and operation. The Company is not an exploration company per se but rather it seeks leases with discovered oil and gas current or prior production.
	The Company's strategy that has grown in prominence and application with respect to petroleum is to use a development program approach. The Company describes its development plan approach as a set of techniques utilizing the injection of specific fluids such as: water, steam, natural gas, carbon dioxide, nitrogen, and various chemicals and surfactants intended to increase the amount of oil that can ultimately be extracted from any oil field. Many oil exploration and production companies are using development program approaches to maximize the potential of old oil fields.
	The Company's business operations are in the development and production of oil and gas including unconventional natural gas, in the Rocky Mountain region of the continental United States; specifically in the Rocky Mountain areas of Utah, Colorado, Wyoming and Kansas.

Summary_of_Significant_Account

Summary of Significant Account Policies	9 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies
	Principles of Consolidation
	The accompanying balance sheet as of March 31, 2014 and the statements of operations for the three and nine months ended December 31, 2013 and the statement of cash flows for the nine months ended December 31, 2013 include the accounts of Terex Energy Corporation only. The accompanying consolidated balance sheet as of December 31, 2014 include the accounts of Terex Energy Corporation and T-Rex Oil Inc. and the consolidated statements of operations for the three and nine months ended December 31, 2014 and the  consolidated statement of cash flows for the nine months ended December 31, 2014 include the accounts of Terex Energy Corporation and the accounts of T-Rex Oil Inc. for the period December 23, 2014 through December 31, 2014. All intercompany balances have been eliminated during consolidation.
	Use of Estimates in the Preparation of Consolidated Financial Statements
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
	Change in Accounting Principle
	The Company disclosed in its financial statements for the three and six months ended September 30 2014 as filed in its Form 10Q with the Securities and Exchange Commission on November 19, 2014 that it changed its method of accounting from the successful efforts to the full cost method of accounting for its oil and natural gas operations and, as such pursuant to ASC Topic 250 and ASC Topic 932 further disclosed there was no retroactive restatement of financial statements for the relative periods as there were no oil and natural gas capitalized costs or operations incurred to date by the Company.
	However, as disclosed in the Company's filing of Form 8-K with the SEC on April 1, 2015, the Company acquired effective March 28, 2015, 83% of the outstanding common stock of Western Interiors Oil and Gas, Inc. (“WIOG”) in a stock for stock Exchange Agreement with the right to acquire within 6 months the remaining 17% of WIOG's outstanding common stock. As such, WIOG is an oil and gas company that follows the successful efforts method of accounting for its oil and gas operations.
	Therefore, management believes it is in the best interest of the Company that, as a result of the acquisition of WIOG, the Company changes the accounting for its oil and gas operations back to the successful efforts from the full cost method of accounting. As a result of this change in accounting principle, the Company's carrying value of its unproved oil and gas properties on its consolidated balance sheet at December 31, 2014 decreased by $91,898 due to its geological and geophysical costs being expensed in its consolidated statement of operations for the nine months ended December 31, 2014. See Note 2 – Oil and Gas Producing Activities.
	Cash and Cash Equivalents
	The Company considers all liquid investments purchased with an initial maturity of three months or less to be cash equivalents. Cash and cash equivalents include demand deposits and money market funds carried at cost which approximates fair value. The Company maintains its cash in institutions insured by the Federal Deposit Insurance Corporation (“FDIC”), although such deposits are in excess of the insurance coverage. At December 31, 2014, the Company had $564,935 of cash deposits in excess of FDIC insured limits.
	Oil and Gas Producing Activities
	The Company follows the successful efforts method of accounting for its oil and gas properties. Under this method of accounting, all property acquisition costs and costs of exploratory and development wells are capitalized when incurred, pending determination of whether the well has found proved reserves. If an exploratory well does not find proved reserves, the costs of drilling the well are charged to expense. Exploratory dry hole costs are included in cash flows from investing activities as part of capital expenditures within the consolidated statements of cash flows. The costs of development wells are capitalized whether or not proved reserves are found. Costs of unproved leases, which may become productive, are reclassified to proved properties when proved reserves are discovered on the property. Unproved oil and gas interests are carried at the lower of cost or estimated fair value and are not subject to amortization.
	Geological and geophysical costs and the costs of carrying and retaining unproved properties are expensed as incurred. DD&A of capitalized costs related to proved oil and gas properties is calculated on a property-by-property basis using the units-of-production method based upon proved reserves. The computation of DD&A takes into consideration restoration, dismantlement, and abandonment costs and the anticipated proceeds from salvaging equipment.
	The Company complies with ASC 932, “Extractive Activities – Oil and Gas”. The Company currently does not have any existing capitalized exploratory well costs, and has therefore determined that there are no suspended well costs that should be impaired.
	There were unproved capitalized costs at December 31, 2014 and March 31, 2014 of $1,770,164 and $19,564, respectively and the Company expensed geological and geophysical costs for the three and nine months ended December 31, 2014 and 2013 of  $26,031 and $91,898, respectively. There were no proved properties at December 31, 2014 and March 31, 2014, respectively.
	Property and Equipment
	Other property and equipment, such as computer hardware and software, are recorded at cost. Costs of renewals and improvements that substantially extend the useful lives of the assets are capitalized. Maintenance and repair costs are expensed when incurred. When other property and equipment is sold or retired, the capitalized costs and related accumulated depreciation are removed from their respective accounts.
	Depreciation, Depletion & Amortization
	Depreciation of other property and equipment is calculated using the straight-line method over the estimated useful lives of the assets of five years.
	Depreciation, depletion and amortization of capitalized acquisition, exploration and development costs incurred in oil and gas producing activities are computed using the units-of-production method by individual fields on the basis of the total estimated units of proved reserves as the related proved reserves are produced.
	Depreciation expense of other property and equipment for the three and nine months ended December 31, 2014 and 2013 was $2,452 and $0 and $3,719 and $0, respectively.
	Impairment of Long-Lived Assets
	In accordance with authoritative guidance on accounting for the impairment or disposal of long-lived assets, as set forth in Topic 360 of the ASC, the Company assesses the recoverability of the carrying value of its non-oil and gas long-lived assets when events occur that indicate an impairment in value may exist. An impairment loss is indicated if the sum of the expected undiscounted future net cash flows is less than the carrying amount of the assets. If this occurs, an impairment loss is recognized for the amount by which the carrying amount of the assets exceeds the estimated fair value of the assets. No events occurred during the three and nine months ended December 31, 2014 and 2013, respectively that would be indicative of possible impairment.
	Revenue Recognition
	The Company had no revenue from operations during the three and nine months ended December 31, 2014 and 2013, respectively.
	Other Comprehensive Loss
	The Company has no material components of other comprehensive loss and accordingly, net loss is equal to comprehensive loss for the period.
	Income Taxes
	The Company uses the liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the accounting bases and the tax bases of the Company's assets and liabilities. The deferred tax assets and liabilities are computed using enacted tax rates in effect for the year in which the temporary differences are expected to reverse.
	The Company assessed the likelihood of utilization of the deferred tax asset, in light of the recent losses. As a result of this review, the deferred tax asset in the amount of $174,520 has been fully reserved at December 31, 2014. At December 31, 2014, Terex has incurred net operating losses for income tax purposes of approximately $450,000. Such losses may be carried forward and are scheduled to expire in the year 2034, if not utilized, and may be subject to certain limitations as provided by the Internal Revenue Code.
	The Company has adopted ASC guidance regarding accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the consolidated financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the consolidated financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. At December 31, 2014, there were no uncertain tax positions that required accrual.
	Net Loss per Share
	Basic net loss per common share of stock is calculated by dividing net loss available to common stockholders by the weighted-average number of common shares outstanding during each period.
	Diluted net loss per common share is calculated by dividing net loss by the weighted-average number of common shares outstanding, including the effect of other dilutive securities. The Company's potentially dilutive securities consist of in-the-money outstanding options and warrants to purchase the Company's common stock. Diluted net loss per common share does not give effect to dilutive securities as their effect would be anti-dilutive.
	The treasury stock method is used to measure the dilutive impact of stock options and warrants. The following table details the weighted-average dilutive and anti-dilutive securities related to stock options and warrants for the periods presented:
		For the Nine Months Ended
		December 31,
		2014		2013
	Dilutive		-		-
	Anti-dilutive		878,545		-
	Equity Based Payments
	The Company recognizes compensation cost for equity based awards based on estimated fair value of the award and records capitalized cost or compensation expense over the requisite service period. See Note 5 – Equity Based Payments.
	Major Customers
	The Company has no operations during the three and nine months ended December 31, 2014 and 2013 and as a result there are no customers or billings.
	Off-Balance Sheet Arrangements
	As part of its ongoing business, the Company has not participated in transactions that generate relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities (SPEs), which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. From its incorporation on February 11, 2014 through December 31, 2014, the Company has not been involved in any unconsolidated SPE transactions.
	Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. This standard update is to improve financial reporting by reducing the cost and complexity associated with the incremental reporting requirements for development stage entities, and as a result removes all incremental financial reporting requirements. This standard update also eliminates an exception provided to development stage entities in Topic 810, Consolidation, for determining whether an entity is a variable interest entity on the basis of the amount of the investment equity that is at risk.ASU 2014-10 is effective for annual reporting periods beginning after December 15, 2016, and interim reporting periods beginning after December 15, 2017. Entities are allowed to apply the guidance early for any annual reporting period or interim period for which the entity's financial statements have not yet been issued or made available for issuance. The Company adopted these standards and they did not have a material impact on the Company's consolidated financial statements.
	There were other accounting standards and interpretations issued during the nine months ended December 31, 2014, none of which are expected to have a material impact on the Company's financial position, operations or cash flows.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 3 – Commitments and Contingencies
	Operating Lease
	The Company leases an office space in Colorado at the rate of $4,572 per month and the lease expires in August 2017. Total rent expense under this lease for the three and nine months ended December 31, 2014 was $13,717 and $19,290, respectively.
	The following is a schedule of minimum future rental annual payments under the operating lease for the stated fiscal year ends:
		Amount
	3/31/15	$	13,716
	3/31/16		31,904
	3/31/17		33,454
	3/31/18		11,367
		$	90,441
	Employment Agreement
	The Company entered into a three year employment agreement in January 2015 with its Chief Executive Officer and President that includes compensation of a base salary of $204,000 per year under certain terms and conditions along with an auto allowance of $600 per month.
	Consulting Agreement
	The Company entered into a three year agreement effective September 1, 2014 with a consultant to perform services at the base rate of $150,000 per year under certain terms and conditions including with an auto allowance of $600 per month. In addition, the consultant has been granted cashless options to acquire up to 500,000 shares of Terex's common stock at an option price of $.10 per share for a period of three years from April 1, 2014. The options vest ratably over the year ending March 31, 2015. See Note 5 – Equity Based Payments.

Stockholders_Equity

Stockholders' Equity	9 Months Ended
	Dec. 31, 2014
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 4 – Stockholders' Equity
	The Company's capital stock at December 31, 2014 consists of 325,000,000 authorized shares of which 50,000,000 shares are $.001 par value preferred stock and 275,000,000 shares are $.001 par value common stock.
	Preferred Shares
	At December 31, 2014 there are no shares of preferred stock issuance and outstanding.
	Common Shares
	At December 31, 2014 and March 31, 2014, a total of 7,809,857 and 342,465 shares of common stock were issued and outstanding, respectively.
	During the nine months ended December 31, 2014, the Company issued 7,385,700 shares of its common stock to the shareholders of Terex as part of an Exchange Agreement. See Note 6 – Exchange Agreements. In addition, the Company issued 81,692 shares as part of the recapitalization of the Company.
	Shareholders Contributed Capital
	During the nine months ended December 31, 2014, shareholders of Terex as part of a private placement contributed cash in the amount of $2,195,700 in exchange for 2,195,700 shares of Terex common stock valued at $1.00 per share. In addition, shareholders of Terex contributed services valued at $425,000 in exchange for 425,000 shares of Terex that were expensed as well as property valued at $575,000 in exchange for 575,000 shares of Terex of which $525,000 was capitalized as an asset under unproved oil and gas properties and $50,000 under equipment.
	During the three and nine months ended December 31, 2014, Terex realized additional paid in capital relative to the fair value of equity based payments in the amount of $41,061 and $45,913, respectively. See Note 5 – Equity Based Payments.

Equity_Based_Payments

Equity Based Payments	9 Months Ended
	Dec. 31, 2014
Equity Based Payments [Abstract]
Equity Based Payments	Note 5 – Equity Based Payments
	The Company accounts for equity based payment accruals under authoritative guidance on stock compensation as set forth in the Topics of the ASC. The guidance requires all equity based payments to employees and non-employees, including grants of employee and non-employee stock options and warrants, to be recognized in the consolidated financial statements based on their fair values.
	The Black-Scholes option-pricing model is used to estimate the option fair values. The option-pricing model requires a number of assumptions, of which the most significant are the stock price at the valuation date that ranged from $0.01 to $1.00 per share as well as the following assumptions:
	Volatility		88.553	%
	Expected Option Term		3 years
	Risk-free interest rate		12% - 13	%
	Expected dividend yield		0	%
	The expected term of the options and warrants granted were estimated to be the contractual term. The expected volatility was based on an average of the volatility disclosed based upon comparable companies who had similar expected option terms. The risk-free rate was based on the one-year U.S. Treasury bond rate.
	The following table summarizes the non-qualified stock option and warrant activity for the nine months ended December 31, 2014.
		Number of			Weighted Average
		Options/Warrants			Exercise Price
	Outstanding at March 31, 2014		-		$	-
	Granted - Number of Shares
	Options		900,000		$	0.100
	Warrants		800,000		$	0.625
	Vested
	Options		675,000		$	0.100
	Warrants		800,000		$	0.625
	Exercised
	Options		-		$	-
	Warrants		-		$	-
	Cancelled
	Options		-		$	-
	Warrants		-		$	-
	Outstanding at December 31, 2014
	Options		900,000		$	0.100
	Warrants		800,000		$	0.625
	Exercisable at December 31, 2014
	Options		675,000		$	0.100
	Warrants		800,000		$	0.625
	Weighted average remaining				Aggregate
	Contractual Life	Life			Intrinsic Value
	Options		2.75		$	864
	Warrants		2.92		$	503,145
	The aggregate intrinsic value of outstanding securities is the amount by which the fair value of underlying (common) shares exceeds the amount paid for and the exercise price of the options issued and outstanding. During the nine months ended December 31, 2014, Terex granted options and warrants that had a total fair value of $549,922 and reported $45,913 for the nine months ended December 31, 2014 of which $45,740 was capitalized as costs of unproved properties and $173 was expensed as compensation expense in the consolidated statement of operations.

Exchange_Agreements

Exchange Agreements	9 Months Ended
	Dec. 31, 2014
Purchase Agreement [Abstract]
Purchase Agreement	Note 6 – Exchange Agreements
	On December 22, 2014, the Company acquired 100% of the issued and outstanding common stock of Terex pursuant to Exchange Agreements with the shareholders of Terex. As part of the Exchange Agreements, the Company issued 7,385,700 shares of its restricted common stock for 100% of the issued and outstanding common stock of Terex. The shares were exchanged on a one for one basis. As a result, Terex has become a wholly-owned subsidiary of the Company.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Note 7 – Related Party Transactions
	Equity for Services and Property
	During the period February 11, 2014 (inception) through March 31, 2014, shareholders of Terex that are officers and directors of the Company contributed cash in the amount of $285 in exchange for 285,000 shares of Terex common stock valued at $0.001 per share. In addition, these same shareholders of Terex during the period February 11, 2014 (inception) through March 31, 2014 contributed services valued at $2,865 that were expensed in exchange for 2,865,000 shares of common stock of Terex valued at $0.001 per share.
	On April 1, 2014, an officer and director of the Company was granted 100,000 options of Terex in exchange for services valued at $115 or $0.0015 per share.
	On August 25, 2014 a shareholder of Terex that is a director of the Company contributed services valued at $750,000 that were expensed in the consolidated statement of operations in exchange for 750,000 shares of common stock of Terex valued at $1.00 per share.
	During September 2014, an officer of the Company sold unproved oil and gas property to the Company in exchange for $25,000 in cash and 200,000 warrants of the Company valued at $200,000 or $1.00 per share.
	Consulting Services
	During the three months ended December 31, 2014, the Company paid its officers and directors $8,178 in fees that were expensed in the consolidated statement of operations.
	During the nine months ended December 31, 2014, the Company paid its officers and directors $193,149 in fees that were expensed in the consolidated statement of operations.

Note_Payable

Note Payable	9 Months Ended
	Dec. 31, 2014
Note Payable [Abstract]
Note Payable	Note 8 – Note Payable
	In November 2014, the Company borrowed $17,228 from an unrelated party to finance its insurance policy. The unsecured note is repaid at $872 per month beginning in January 2015 including interest at the rate of 5.81% per annum. The Company owes $8,728 at December 31, 2014.

Summary_of_Significant_Account1

Summary of Significant Account Policies (Policies)	9 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation
	The accompanying balance sheet as of March 31, 2014 and the statements of operations for the three and nine months ended December 31, 2013 and the statement of cash flows for the nine months ended December 31, 2013 include the accounts of Terex Energy Corporation only. The accompanying consolidated balance sheet as of December 31, 2014 include the accounts of Terex Energy Corporation and T-Rex Oil Inc. and the consolidated statements of operations for the three and nine months ended December 31, 2014 and the  consolidated statement of cash flows for the nine months ended December 31, 2014 include the accounts of Terex Energy Corporation and the accounts of T-Rex Oil Inc. for the period December 23, 2014 through December 31, 2014. All intercompany balances have been eliminated during consolidation.
Use of Estimates in the Preparation of Consolidated Financial Statements	Use of Estimates in the Preparation of Consolidated Financial Statements
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Change in Accounting Principle	Change in Accounting Principle
	The Company disclosed in its financial statements for the three and six months ended September 30 2014 as filed in its Form 10Q with the Securities and Exchange Commission on November 19, 2014 that it changed its method of accounting from the successful efforts to the full cost method of accounting for its oil and natural gas operations and, as such pursuant to ASC Topic 250 and ASC Topic 932 further disclosed there was no retroactive restatement of financial statements for the relative periods as there were no oil and natural gas capitalized costs or operations incurred to date by the Company.
	However, as disclosed in the Company's filing of Form 8-K with the SEC on April 1, 2015, the Company acquired effective March 28, 2015, 83% of the outstanding common stock of Western Interiors Oil and Gas, Inc. (“WIOG”) in a stock for stock Exchange Agreement with the right to acquire within 6 months the remaining 17% of WIOG's outstanding common stock. As such, WIOG is an oil and gas company that follows the successful efforts method of accounting for its oil and gas operations.
	Therefore, management believes it is in the best interest of the Company that, as a result of the acquisition of WIOG, the Company changes the accounting for its oil and gas operations back to the successful efforts from the full cost method of accounting. As a result of this change in accounting principle, the Company's carrying value of its unproved oil and gas properties on its consolidated balance sheet at December 31, 2014 decreased by $91,898 due to its geological and geophysical costs being expensed in its consolidated statement of operations for the nine months ended December 31, 2014. See Note 2 – Oil and Gas Producing Activities.
Cash and Cash Equivalents	Cash and Cash Equivalents
	The Company considers all liquid investments purchased with an initial maturity of three months or less to be cash equivalents. Cash and cash equivalents include demand deposits and money market funds carried at cost which approximates fair value. The Company maintains its cash in institutions insured by the Federal Deposit Insurance Corporation (“FDIC”), although such deposits are in excess of the insurance coverage. At December 31, 2014, the Company had $564,935 of cash deposits in excess of FDIC insured limits.
Oil and Gas Producing Activities	Oil and Gas Producing Activities
	The Company follows the successful efforts method of accounting for its oil and gas properties. Under this method of accounting, all property acquisition costs and costs of exploratory and development wells are capitalized when incurred, pending determination of whether the well has found proved reserves. If an exploratory well does not find proved reserves, the costs of drilling the well are charged to expense. Exploratory dry hole costs are included in cash flows from investing activities as part of capital expenditures within the consolidated statements of cash flows. The costs of development wells are capitalized whether or not proved reserves are found. Costs of unproved leases, which may become productive, are reclassified to proved properties when proved reserves are discovered on the property. Unproved oil and gas interests are carried at the lower of cost or estimated fair value and are not subject to amortization.
	Geological and geophysical costs and the costs of carrying and retaining unproved properties are expensed as incurred. DD&A of capitalized costs related to proved oil and gas properties is calculated on a property-by-property basis using the units-of-production method based upon proved reserves. The computation of DD&A takes into consideration restoration, dismantlement, and abandonment costs and the anticipated proceeds from salvaging equipment.
	The Company complies with ASC 932, “Extractive Activities – Oil and Gas”. The Company currently does not have any existing capitalized exploratory well costs, and has therefore determined that there are no suspended well costs that should be impaired.
	There were unproved capitalized costs at December 31, 2014 and March 31, 2014 of $1,770,164 and $19,564, respectively and the Company expensed geological and geophysical costs for the three and nine months ended December 31, 2014 and 2013 of  $26,031 and $91,898, respectively. There were no proved properties at December 31, 2014 and March 31, 2014, respectively.
Property and Equipment	Property and Equipment
	Other property and equipment, such as computer hardware and software, are recorded at cost. Costs of renewals and improvements that substantially extend the useful lives of the assets are capitalized. Maintenance and repair costs are expensed when incurred. When other property and equipment is sold or retired, the capitalized costs and related accumulated depreciation are removed from their respective accounts.
Depreciation, Depletion & Amortization	Depreciation, Depletion & Amortization
	Depreciation of other property and equipment is calculated using the straight-line method over the estimated useful lives of the assets of five years.
	Depreciation, depletion and amortization of capitalized acquisition, exploration and development costs incurred in oil and gas producing activities are computed using the units-of-production method by individual fields on the basis of the total estimated units of proved reserves as the related proved reserves are produced.
	Depreciation expense of other property and equipment for the three and nine months ended December 31, 2014 and 2013 was $2,452 and $0 and $3,719 and $0, respectively.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
	In accordance with authoritative guidance on accounting for the impairment or disposal of long-lived assets, as set forth in Topic 360 of the ASC, the Company assesses the recoverability of the carrying value of its non-oil and gas long-lived assets when events occur that indicate an impairment in value may exist. An impairment loss is indicated if the sum of the expected undiscounted future net cash flows is less than the carrying amount of the assets. If this occurs, an impairment loss is recognized for the amount by which the carrying amount of the assets exceeds the estimated fair value of the assets. No events occurred during the three and nine months ended December 31, 2014 and 2013, respectively that would be indicative of possible impairment.
Revenue Recognition	Revenue Recognition
	The Company had no revenue from operations during the three and nine months ended December 31, 2014 and 2013, respectively.
Other Comprehensive Loss	Other Comprehensive Loss
	The Company has no material components of other comprehensive loss and accordingly, net loss is equal to comprehensive loss for the period.
Income Taxes	Income Taxes
	The Company uses the liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the accounting bases and the tax bases of the Company's assets and liabilities. The deferred tax assets and liabilities are computed using enacted tax rates in effect for the year in which the temporary differences are expected to reverse.
	The Company assessed the likelihood of utilization of the deferred tax asset, in light of the recent losses. As a result of this review, the deferred tax asset in the amount of $174,520 has been fully reserved at December 31, 2014. At December 31, 2014, Terex has incurred net operating losses for income tax purposes of approximately $450,000. Such losses may be carried forward and are scheduled to expire in the year 2034, if not utilized, and may be subject to certain limitations as provided by the Internal Revenue Code.
	The Company has adopted ASC guidance regarding accounting for uncertainty in income taxes. This guidance clarifies the accounting for income taxes by prescribing the minimum recognition threshold an income tax position is required to meet before being recognized in the consolidated financial statements and applies to all income tax positions. Each income tax position is assessed using a two-step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the consolidated financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. At December 31, 2014, there were no uncertain tax positions that required accrual.
Net Loss per Share	Net Loss per Share
	Basic net loss per common share of stock is calculated by dividing net loss available to common stockholders by the weighted-average number of common shares outstanding during each period.
	Diluted net loss per common share is calculated by dividing net loss by the weighted-average number of common shares outstanding, including the effect of other dilutive securities. The Company's potentially dilutive securities consist of in-the-money outstanding options and warrants to purchase the Company's common stock. Diluted net loss per common share does not give effect to dilutive securities as their effect would be anti-dilutive.
	The treasury stock method is used to measure the dilutive impact of stock options and warrants. The following table details the weighted-average dilutive and anti-dilutive securities related to stock options and warrants for the periods presented:
		For the Nine Months Ended
		December 31,
		2014		2013
	Dilutive		-		-
	Anti-dilutive		878,545		-
Equity Based Payments	Equity Based Payments
	The Company recognizes compensation cost for equity based awards based on estimated fair value of the award and records capitalized cost or compensation expense over the requisite service period. See Note 5 – Equity Based Payments.
Major Customers	Major Customers
	The Company has no operations during the three and nine months ended December 31, 2014 and 2013 and as a result there are no customers or billings.
Off-Balance Sheet Arrangements	Off-Balance Sheet Arrangements
	As part of its ongoing business, the Company has not participated in transactions that generate relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities (SPEs), which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. From its incorporation on February 11, 2014 through December 31, 2014, the Company has not been involved in any unconsolidated SPE transactions.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In June 2014, the FASB issued ASU No. 2014-10, Development Stage Entities (Topic915) – Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation. This standard update is to improve financial reporting by reducing the cost and complexity associated with the incremental reporting requirements for development stage entities, and as a result removes all incremental financial reporting requirements. This standard update also eliminates an exception provided to development stage entities in Topic 810, Consolidation, for determining whether an entity is a variable interest entity on the basis of the amount of the investment equity that is at risk.ASU 2014-10 is effective for annual reporting periods beginning after December 15, 2016, and interim reporting periods beginning after December 15, 2017. Entities are allowed to apply the guidance early for any annual reporting period or interim period for which the entity's financial statements have not yet been issued or made available for issuance. The Company adopted these standards and they did not have a material impact on the Company's consolidated financial statements.
	There were other accounting standards and interpretations issued during the nine months ended December 31, 2014, none of which are expected to have a material impact on the Company's financial position, operations or cash flows.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Weighted-Average Dilutive and Anti-dilutive Securties to Stock Options and Warrants		For the Nine Months Ended
		December 31,
		2014		2013
	Dilutive		-		-
	Anti-dilutive		878,545		-

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Dec. 31, 2014
Commitments and Contingencies [Abstract]
Schedule of minimum future rental annual payments under the operating lease
		Amount
	3/31/15	$	13,716
	3/31/16		31,904
	3/31/17		33,454
	3/31/18		11,367
		$	90,441

Equity_Based_Payments_Tables

Equity Based Payments (Tables)	9 Months Ended
	Dec. 31, 2014
Equity Based Payments [Abstract]
Schedule of Valuation Assumptions	Volatility		88.553	%
	Expected Option Term		3 years
	Risk-free interest rate		12% - 13	%
	Expected dividend yield		0	%
Summary of the non-qualified stock option and warrant activity		Number of			Weighted Average
		Options/Warrants			Exercise Price
	Outstanding at March 31, 2014		-		$	-
	Granted - Number of Shares
	Options		900,000		$	0.100
	Warrants		800,000		$	0.625
	Vested
	Options		675,000		$	0.100
	Warrants		800,000		$	0.625
	Exercised
	Options		-		$	-
	Warrants		-		$	-
	Cancelled
	Options		-		$	-
	Warrants		-		$	-
	Outstanding at December 31, 2014
	Options		900,000		$	0.100
	Warrants		800,000		$	0.625
	Exercisable at December 31, 2014
	Options		675,000		$	0.100
	Warrants		800,000		$	0.625
	Weighted average remaining				Aggregate
	Contractual Life	Life			Intrinsic Value
	Options		2.75		$	864
	Warrants		2.92		$	503,145

Business_Organization_Narrativ

Business Organization (Narrative) (Details)	0 Months Ended
	Oct. 29, 2014	Aug. 19, 2014	Dec. 22, 2014	Dec. 31, 2014	Mar. 31, 2014
Business Organization [Line Items]
Preferred stock, shares authorized	50,000,000			50,000,000	50,000,000
Reverse split ratio	0.00286
Terex Energy Corporation [Member]
Business Organization [Line Items]
Percentage of issued and outstanding common stock acquired			100.00%
Shares sold		371,004
Percentage of issued and outstanding common stock owned		52.00%
Restricted common stock [Member] | Terex Energy Corporation [Member]
Business Organization [Line Items]
Shares of restricted common stock issued			7,385,700

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Change in Accounting Principle) (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 28, 2015
Change in Accounting Principle [Line Items]
Oil and natural gas capitalized costs	$0		$0
Geological and geophysical costs	$26,031		$91,898
Subsequent event [Member] | WIOG [Member] | Stock Exchange Agreement [Member]
Change in Accounting Principle [Line Items]
Voting interests acquired (as a percentage)					83.00%
Maximum period to acquire remaining voting interests					6 months
Remaining voting interests which to be acquired (as a percent)					17.00%

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Cash and Cash Equivalents) (Narrative) (Details) (USD $)	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Cash deposit in excess of FDIC insured limits	$564,935

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Oil and Gas Producing Activities) (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Unproved oil and gas properties	$1,770,164		$1,770,164		$19,564
Geological and geophysical costs	26,031		91,898
Proved properties

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Depreciation, Depletion & Amortization) (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Depreciation, Depletion & Amortization
Estimated useful life			5 years
Depreciation expense	$2,452		$3,719

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Income Taxes) (Narrative) (Details) (USD $)	Dec. 31, 2014
Income taxes
Deferred tax asset	$174,520
Net operating loss carryforwards	$450,000

Summary_of_Significant_Account8

Summary of Significant Accounting Policies (Net Loss per share) (Details)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]
Dilutive
Anti-dilutive	878,545

Commitments_and_Contingencies_1

Commitments and Contingencies (Narrative) (Details) (USD $)	3 Months Ended	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2014
Commitments And Contingencies Details Narrative
Leases of office per month		$4,572
Rent expense	13,717	19,290
Chief Executive Officer and President [Member]
Employment and consulting agreement
Term of agreement with individual		3 years
Compensation of base salary per year		204,000
Auto allowance		600
consultant [Member]
Employment and consulting agreement
Term of agreement with individual		3 years
Compensation of base salary per year		150,000
Auto allowance		$600
Granted options to acquire common stock	500,000	500,000
Option price (in dollar per share)		$0.10
Option expiration period		3 years

Commitments_and_Contingencies_2

Commitments and Contingencies (Schedule of Minimum Future Rental Annual Payments Under Operating Lease) (Details)) (USD $)	Dec. 31, 2014
Minimum future rental annual payments under the operating lease
3/31/15	$13,716
3/31/16	31,904
3/31/17	33,454
3/31/18	11,367
Total	$90,441

Stockholders_Equity_Narrative_

Stockholders' Equity (Narrative) (Details) (USD $)	9 Months Ended		3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Oct. 29, 2014	Mar. 31, 2014
Class of Stock [Line Items]
Capital stock, authorized shares	325,000,000		325,000,000
Preferred Stock, authorized shares	50,000,000		50,000,000	50,000,000	50,000,000
Preferred Stock, par value per share	$0.00		$0.00		$0.00
Common stock, shares authorized	275,000,000		275,000,000		275,000,000
Common stock, par value	$0.00		$0.00		$0.00
Preferred shares, shares issued	0		0		0
Preferred shares, shares outstanding	0		0		0
Common stock, shares issued	7,809,857		7,809,857		342,465
Common stock, shares outstanding	7,809,857		7,809,857		342,465
Additional stock based compensation	$173
T-Rex Oil, Inc. [Member]
Class of Stock [Line Items]
Number of share issued under exchange agreement	7,385,700
Number of share issued under recapitalization	81,692
Share issued in private placement	2,195,700
Number of share issued in private placement	2,195,700
Share price per share	$1		$1
Number of shares isuued for services	425,000
Shares isuued isuued for services	425,000
Number of shares isuued for property	575,000
Shares isuued isuued for property	575,000
Capitalized cost unproved oil and gas properties	525,000		525,000
Capitalized cost equipment	50,000		50,000
Additional stock based compensation	$45,913		$41,061

Equity_Based_Payments_Schedule

Equity Based Payments (Schedule of Valuation Assumptions) (Details) (USD $)	9 Months Ended
	Dec. 31, 2014
Weighted average assumptions used to estimate the fair value of the Company's stock-based awards granted to employees and directors
Volatility	88.55%
Expected Option Term	3 years
Expected dividend yield	0.00%
Minimum [Member]
Valuation Assumptions [Line Items]
Stock price	0.01
Weighted average assumptions used to estimate the fair value of the Company's stock-based awards granted to employees and directors
Risk-free interest rate	12.00%
Maximum [Member]
Valuation Assumptions [Line Items]
Stock price	1
Weighted average assumptions used to estimate the fair value of the Company's stock-based awards granted to employees and directors
Risk-free interest rate	13.00%

Equity_Based_Payments_Summary_

Equity Based Payments (Summary of Non-qualified Stock Option Activity) (Details) (Non-Qualified Stock Options [Member], USD $)	9 Months Ended
	Dec. 31, 2014
Non-Qualified Stock Options [Member]
Number of Options/Warrants [RollForward]
Outstanding at the beginning of the period (in shares)
Granted - Number of Shares (in shares)	900,000
Vested (in shares)	675,000
Exercised (in shares)
Cancelled (in shares)
Outstanding at the end of the period (in shares)	900,000
Exercisable at the end of the period (in shares)	675,000
Weighted Average Exercise Price [RollForward]
Outstanding at the beginning of the period (in dollars per share)
Granted - Number of Shares (in dollars per share)	$0.10
Vested (in dollars per share)	$0.10
Exercised (in dollars per share)
Cancelled (in dollars per share)
Outstanding at the end of the period (in dollars per share)	$0.10
Exercisable at the end of the period (in dollars per share)	$0.10
Weighted average remaining Contractual Life	2 years 9 months
Aggregate Intrinsic Value	$864

Equity_Based_Payments_Summary_1

Equity Based Payments (Summary of Warrants Activity) (Details) (USD $)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Weighted Average Exercise Price [RollForward]
Total fair value	$549,922
Repoted stock based compensation	45,913
Capitalized cost of unproved properties	45,740
Stock based compensation expense	173
Warrants [Member]
Number of Warrants [RollForward]
Outstanding at the beginning of the period (in shares)
Granted - Number of Shares (in shares)	800,000
Vested (in shares)	800,000
Exercised (in shares)
Cancelled (in shares)
Outstanding at the end of the period (in shares)	800,000
Exercisable at the end of the period (in shares)	800,000
Weighted Average Exercise Price [RollForward]
Outstanding at the beginning of the period (in dollars per share)
Granted - Number of Shares (in dollars per share)	$0.63
Vested (in dollars per share)	$0.63
Exercised (in dollars per share)
Cancelled (in dollars per share)
Outstanding at the end of the period (in dollars per share)	$0.63
Exercisable at the end of the period (in dollars per share)	$0.63
Weighted average remaining Contractual Life	2 years 11 months 1 day
Aggregate Intrinsic Value	$503,145

Exchange_Agreements_Narrative_

Exchange Agreements (Narrative) (Details) (Terex Energy Corporation [Member])	0 Months Ended
	Dec. 22, 2014
Purchase Agreement [Line items]
Percentage of issued and outstanding common stock acquired	100.00%
Restricted common stock [Member]
Purchase Agreement [Line items]
Shares of restricted common stock issued	7,385,700

Related_Party_Transactions_Nar

Related Party Transactions (Narrative) (Details) (USD $)	0 Months Ended	1 Months Ended	0 Months Ended	2 Months Ended	3 Months Ended	9 Months Ended
	Aug. 25, 2014	Sep. 30, 2014	Apr. 02, 2014	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2014
Director [Member]
Related party transaction [Line items]
Common stock value per share	$1
Number of shares issued in purchase of property and plant	$750,000
Number of shares issued in purchase of property and plant	750,000
Officer [Member]
Related party transaction [Line items]
Common stock value per share		$1
Amount paid to acquire oil and gas property		25,000
Number of warrants issued		200,000
Amount of warrants issued		200,000
Officer and Director [Member]
Related party transaction [Line items]
Value of Common stock issued for cash				285
Number of common stock issued (in shares)				285,000
Common stock value per share			$0.00	$0.00
Value of common stock issued for services				2,865
Number of common stock issued (in shares)				2,865,000
Options granted (in shares)			100,000
Value of options granted			115
Fees paid for services					$8,178	$193,149

Note_Payable_Narrative_Details

Note Payable (Narrative) (Details) (USD $)	1 Months Ended
	Nov. 30, 2014	Dec. 31, 2014	Mar. 31, 2014
Debt Instrument [Line Items]
Outstanding amount of note payable		$8,728
Unsecured Note [Member]
Debt Instrument [Line Items]
Amount borrowed from unrelated party	17,228
Amount of monthly installment	872
Interest rate (as a percent)	5.81%
Outstanding amount of note payable		$8,728