| Document and Entity Information - USD ($) | 9 Months Ended | |
| Jun. 30, 2016 | Aug. 15, 2016 | |
| Document And Entity Information | ||
| Entity Registrant Name | PACIFIC OIL Co | |
| Entity Central Index Key | 1,377,167 | |
| Document Type | 10-Q | |
| Document Period End Date | Jun. 30, 2016 | |
| Amendment Flag | false | |
| Current Fiscal Year End Date | --09-30 | |
| Is Entity a Well-known Seasoned Issuer? | No | |
| Is Entity a Voluntary Filer? | No | |
| Is Entity's Reporting Status Current? | No | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Public Float | $ 110,334 | |
| Entity Common Stock, Shares Outstanding | 440,949 | |
| Document Fiscal Period Focus | Q3 | |
| Document Fiscal Year Focus | 2,016 |
| Balance Sheets - USD ($) | Jun. 30, 2016 | Sep. 30, 2015 |
| CURRENT ASSETS | ||
| Cash | $ 2,022 | $ 248 |
| Total Current Assets | 2,022 | 248 |
| PROPERTY AND EQUIPMENT | ||
| Oil and gas property at cost, full cost method of accounting: unproved | 0 | 0 |
| Equipment | 0 | 0 |
| Total Property and Equipment | 0 | 0 |
| TOTAL ASSETS | 2,022 | 248 |
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | 25,000 | 3,344 |
| Advances payable | 75,382 | 60,883 |
| Advances payable - related party | 24,868 | 23,488 |
| Note payable | 1,174 | 1,174 |
| Total Current Liabilities | 126,424 | 88,889 |
| LONG TERM LIABILITIES | ||
| Convertible note payable - related party, net of debt discount | 0 | 0 |
| Total Long Term Liabilities | 0 | 0 |
| Total Liabilities | 126,424 | 88,889 |
| STOCKHOLDERS' EQUITY (DEFICIT) | ||
| Common stock: $0.001 par value; 300,000,000 shares authorized, 440,949 and 300,404 shares issued and outstanding , respectively | 441 | 301 |
| Additional paid-in capital | 702,227 | 702,367 |
| Accumulated deficit | (827,070) | (791,309) |
| Total Stockholders' Equity (Deficit) | (124,402) | (88,641) |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $ 2,022 | $ 248 |
| Balance Sheets (Parenthetical) - $ / shares | Jun. 30, 2016 | Sep. 30, 2015 |
| Statement of Financial Position [Abstract] | ||
| Common Stock Par Value | $ 0.001 | $ .001 |
| Common Stock Shares Authorized | 300,000,000 | 300,000,000 |
| Common Stock Shares Issued | 440,949 | 300,404 |
| Common Stock Shares Outstanding | 440,949 | 300,404 |
| Statements of Operations - USD ($) | 3 Months Ended | 9 Months Ended | ||
| Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015 | |
| Income Statement [Abstract] | ||||
| REVENUES | $ 0 | $ 0 | $ 0 | $ 0 |
| OPERATING EXPENSES | ||||
| General and administrative | 1,922 | 3,046 | 35,761 | 16,369 |
| Total operating expenses | 1,922 | 3,046 | 35,761 | 16,369 |
| OTHER (INCOME) EXPENSE | ||||
| Interest expense adn other | 0 | 7,465 | 0 | 7,465 |
| Total other (income) expense | 0 | 7,465 | 0 | 7,465 |
| NET LOSS | $ (1,922) | $ (10,511) | $ (35,761) | $ (23,834) |
| LOSS PER SHARE - BASIC AND DILUTIVE | $ 0 | $ (0.03) | $ (0.08) | $ (0.07) |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTIVE | 440,949 | 385,564 | 440,949 | 329,154 |
| Statements of Cash Flows - USD ($) | 9 Months Ended | |
| Jun. 30, 2016 | Jun. 30, 2015 | |
| OPERATING ACTIVITIES | ||
| Net loss | $ (35,761) | $ (23,834) |
| Adjustments to reconcile net loss to net cash used by operating activities: | ||
| Amortization of debt discount on convertible note | 0 | 6,335 |
| Changes in operating assets and liabilities | ||
| Increase (decrease) in accounts payable | 21,655 | 372 |
| Increase (decrease) in accrued interest | 0 | 1,130 |
| Net Cash Used in Operating Activities | (14,106) | (15,997) |
| INVESTING ACTIVITIES | ||
| Net Cash Provided by (Used in) Investing Activities | 0 | 0 |
| FINANCING ACTIVITIES | ||
| Increase (decrease) in advances payable | 15,880 | 16,200 |
| Net Cash Provided by Financing Activities | 15,880 | 16,200 |
| NET INCREASE (DECREASE) IN CASH | 1,774 | 203 |
| CASH AT BEGINNING OF PERIOD | 248 | 87 |
| CASH AT END OF PERIOD | 2,022 | 290 |
| CASH PAID FOR: | ||
| Interest | 0 | 0 |
| Income Taxes | $ 0 | $ 0 |
| 1. ORGANIZATION AND BUSINESS OPERATIONS | 9 Months Ended |
| Jun. 30, 2016 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| 1. ORGANIZATION AND BUSINESS OPERATIONS | NOTE 1 - ORGANIZATION AND BUSINESS OPERATIONS Pacific Oil Company (the Company) was originally incorporated in Nevada on December 5, 2005 (inception) as Kat Racing, Inc. On January 4, 2013, the Articles of Incorporation of the Company were amended to change the name of the Company to Prairie West Oil & Gas, Ltd. On July 26, 2013, the Companys Articles of Incorporation were amended to change the name of the registrant to Pacific Oil Company. From the Companys inception until the Companys transition into the oil and natural gas business in early 2013, Kat Racings business plan was to design, manufacture, market, sell and distribute custom off-road racing and recreational vehicles and provide marketing and lead services. Kat Racing never generated any revenue from this proposed business plan. As the market for high end off road vehicles suffered due to the downturn in the economy, Kat Racing sought to arrange the purchase of certain oil and gas properties which were owned by Prairie West Oil and Gas Ltd., a Canadian company, through a share exchange. Pursuant to this transaction, the Company changed its name from Kat Racing to Prairie West Oil and Gas Ltd. This transaction was never completed. When it was determined the acquisition would not be completed, the Company did not want to continue with the Prairie West name and changed its name to Pacific Oil Company. On October 1, 2013, the Company issued a newly appointed officer and director 190,500 shares of common stock of the Company to retain his services to attempt to secure certain assets the Company needs to launch its oil and gas operations. On May 6, 2015, the Company entered into a purchase and sale agreement with the Emporium Group to purchase certain rights, title, estate, and interest in the unproved petroleum and natural gas rights, together with certain tangible assets and liabilities, on a 40-acre site located in Saskatchewan, Canada. The purchase consideration for this transaction was part stock and part debt. The Company issued to Emporium Group 140,000 shares of its common stock, valued at $1,400, based on the market price of $0.01 per share of our shares on the date the transaction was completed, along with a convertible note payable in the amount of $125,000 with a 6% cumulative interest rate, due and payable in 3 years, with the right to convert into 6,250,000 shares of our commons stock at $0.02 per share. The lease acquired has not been in operation since 2011 and we have been advised that we will need to spend approximately $75,000 to $100,000 to get the well back into production. Effective September 30, 2015, the Company and Emporium Group cancelled the above agreement. Under the terms of the cancelation, Emporium Group took back all assets and liabilities in exchange for canceling the note payable and associated interest and Emporium Group retained the 140,000 shares of the Companys common stock. |
| 2. GOING CONCERN | 9 Months Ended |
| Jun. 30, 2016 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| 2. GOING CONCERN | NOTE 2 - GOING CONCERN The Company's financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern, has incurred accumulated deficit of $827,070 through June 30, 2016 and had a working capital deficit of $124,402 at June 30, 2016. Accordingly, there is substantial doubt about the Companys ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management's plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. |
| 3. SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
| Jun. 30, 2016 | |
| Accounting Policies [Abstract] | |
| 3. SIGNIFICANT ACCOUNTING POLICIES | NOTE 3 SIGNIFICANT ACCOUNTING POLICIES Interim Financial Statements The accompanying financial statements have been prepared by the Company without audit in accordance with SEC rules for quarterly reports on Form 10-Q. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at June 30, 2016, and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's September 30, 2015 audited financial statements. The results of operations for the three and nine month periods ended June 30, 2016 and 2015 are not necessarily indicative of the operating results for the full years. Cash and cash equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Fair Value Measurements The Company adopted ASC No. 820-10 (ASC 820-10), Fair Value Measurements. ASC 820-10 relates to financial assets and financial liabilities. ASC 820-10 defines fair value, establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (GAAP), and expands disclosures about fair value measurements. The provisions of this standard apply to other accounting pronouncements that require or permit fair value measurements and are to be applied prospectively with limited exceptions. ASC 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This standard is now the single source in GAAP for the definition of fair value, except for the fair value of leased property. ASC 820-10 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entitys own assumptions, about market participant assumptions that are developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC 820-10 are described below: Level 1. Observable inputs such as quoted prices in active markets; Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The carrying value of cash, accounts payable and accrued expenses, advances payable, advances payable related party and note payable and convertible note payable related party approximates their fair value due to the short-term maturity of these financial instruments. Income Taxes Income taxes are accounted for using the asset and liability method. Under this method, deferred income tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance would be provided for those deferred tax assets for which if it is more likely than not that the related benefit will not be realized. The Company classifies tax-related penalties and interest as a component of income tax expense for financial statement presentation. Basic and Diluted Loss per Share The Company computes loss per share in accordance with ASC-260, Earnings per Share which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. The Company has potentially dilutive debt instruments outstanding in the form of a convertible notes payable related party. However, as the Company has incurred losses since Inception, these potentially dilutive shares of common stock have been excluded from the calculation of loss per share as their effect would have been anti-dilutive. Consequently, the basic and diluted loss per share were identical for the three and nine months ended June 30, 2016 and 2015. Stock-based Compensation The Company has share-based compensation plans under which employees, consultants, suppliers and directors may be granted restricted stock, as well as options and warrants to purchase shares of Company common stock at the fair market value at the time of grant. Stock-based compensation cost to employees is measured by the Company at the grant date, based on the fair value of the award, over the requisite service period under ASC 718. For options issued to employees, the Company recognizes stock compensation costs utilizing the fair value methodology over the related period of benefit. Grants of stock to non-employees and other parties are accounted for in accordance with the ASC 505. Recent Accounting Pronouncements The Company does not believe that other than disclosed above, recently issued, but not yet adopted, accounting pronouncements will have a material impact on its financial position, results of operations or cash flows. |
| 4. ADVANCES PAYABLE AND ADVANCES PAYABLE, RELATED PARTY TRANSACTIONS | 9 Months Ended |
| Jun. 30, 2016 | |
| Related Party Transactions [Abstract] | |
| 4. ADVANCES PAYABLE AND ADVANCES PAYABLE, RELATED PARTY TRANSACTIONS | NOTE 4 ADVANCES PAYABLE AND ADVANCES PAYABLE, RELATED PARTY TRANSACTIONS In support of the Companys efforts and cash requirements, it may rely on advances from related parties and non-related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. The Company received $24,867 and $23,488 as of June 30, 2016 and September 30, 2015, respectively, as advances from a related party to fund ongoing operations. In addition, as of June 30, 2016 and September 30, 2015, the Company had received advances totaling $75,382 and $60,883, respectively, from a former officer and majority shareholder and her spouse. All of the related party and non-related party accounts and notes payable are non-interest bearing, unsecured and due upon demand. |
| 5. COMMON STOCK | 9 Months Ended |
| Jun. 30, 2016 | |
| Equity [Abstract] | |
| 6. COMMON STOCK | NOTE 5 COMMON STOCK The authorized share capital of the Company consists of 300 million shares of $0.001 par value common stock and no shares of preferred stock. On February 19, 2015, the board of directors authorized a further reverse stock split of 1 for 200. All share amounts have been adjusted retroactively, and reflect both stock splits as if they had occurred at the beginning of all periods presented. On May 6, 2015, the Company includes consideration 140,000 shares of common stock for the acquisition of an unproved oil and gas property, certain equipment and liabilities. On September 30, 2015, we unwound this transaction. The seller retained these shares per the agreement but has not been issued as of September 30, 2015. We recognized an expense at fair value of $42,000 associated with this transaction. The 140,000 shares were issued during the nine months ended June 30, 2016. As of June 30, 2016, there were 440,949 shares of common stock were issued and outstanding. |
| 3. SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
| Jun. 30, 2016 | |
| Accounting Policies [Abstract] | |
| Cash and cash equivalents | Cash and cash equivalents For purposes of the statement of cash flows, the Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. |
| Use of Estimates and Assumptions | Use of Estimates and Assumptions The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. |
| Fair Value Measurements | Fair Value Measurements The Company adopted ASC No. 820-10 (ASC 820-10), Fair Value Measurements. ASC 820-10 relates to financial assets and financial liabilities. ASC 820-10 defines fair value, establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (GAAP), and expands disclosures about fair value measurements. The provisions of this standard apply to other accounting pronouncements that require or permit fair value measurements and are to be applied prospectively with limited exceptions. ASC 820-10 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This standard is now the single source in GAAP for the definition of fair value, except for the fair value of leased property. ASC 820-10 establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entitys own assumptions, about market participant assumptions that are developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy under ASC 820-10 are described below: - Level 1. Observable inputs such as quoted prices in active markets; - Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and - Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The carrying value of cash, accounts payable and accrued expenses, advances payable, advances payable related party and note payable and convertible note payable related party approximates their fair value due to the short-term maturity of these financial instruments. |
| Income Taxes | Income Taxes Income taxes are accounted for using the asset and liability method. Under this method, deferred income tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred income tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which these temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance would be provided for those deferred tax assets for which if it is more likely than not that the related benefit will not be realized. The Company classifies tax-related penalties and interest as a component of income tax expense for financial statement presentation. |
| Basic and Diluted Loss per Share | Basic and Diluted Loss per Share The Company computes loss per share in accordance with ASC-260, Earnings per Share which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. The Company has potentially dilutive debt instruments outstanding in the form of a convertible notes payable related party. However, as the Company has incurred losses since Inception, these potentially dilutive shares of common stock have been excluded from the calculation of loss per share as their effect would have been anti-dilutive. Consequently, the basic and diluted loss per share were identical for the three and nine months ended June 30, 2016 and 2015. |
| Stock-based Compensation | Stock-based Compensation The Company has share-based compensation plans under which employees, consultants, suppliers and directors may be granted restricted stock, as well as options and warrants to purchase shares of Company common stock at the fair market value at the time of grant. Stock-based compensation cost to employees is measured by the Company at the grant date, based on the fair value of the award, over the requisite service period under ASC 718. For options issued to employees, the Company recognizes stock compensation costs utilizing the fair value methodology over the related period of benefit. Grants of stock to non-employees and other parties are accounted for in accordance with the ASC 505. |
| Recent Accounting Pronouncements | Recent Accounting Pronouncements The Company does not believe that other than disclosed above, recently issued, but not yet adopted, accounting pronouncements will have a material impact on its financial position, results of operations or cash flows. |
| 2. GOING CONCERN (Details Narrative) | 127 Months Ended |
| Jun. 30, 2016USD ($) | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Incurred Loss | $ (827,070) |
| Shareholder Deficit | $ (124,402) |
| 4. ADVANCES PAYABLE AND ADVANCES PAYABLE, RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | Jun. 30, 2016 | Sep. 30, 2015 |
| Payable, Related Party | $ 24,867 | $ 23,488 |
| Advances Payable | $ 75,883 | $ 60,883 |
| 6. COMMON STOCK (Details Narrative) - USD ($) | 9 Months Ended | ||
| Jun. 30, 2016 | Jun. 30, 2015 | Sep. 30, 2015 | |
| Equity [Abstract] | |||
| Common Stock Shares Authorized | 300,000,000 | 300,000,000 | |
| Common Stock, Par Value | $ 0.001 | $ .001 | |
| Stock issued for services, Value | $ 0 | $ 0 | |
| Shares issued and outstanding | 440,949 | 300,404 | |
