| Document and Entity Information | 3 Months Ended | |
| 31-May-14 | Jul. 29, 2014 | |
| Document and Entity Information: | ' | ' |
| Entity Registrant Name | 'Falconridge Oil Technologies Corp. | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 31-May-14 | ' |
| Amendment Flag | 'false | ' |
| Entity Central Index Key | '0001401859 | ' |
| Current Fiscal Year End Date | '--02-28 | ' |
| Entity Common Stock, Shares Outstanding | ' | 49,016,667 |
| Entity Filer Category | 'Smaller Reporting Company | ' |
| Entity Current Reporting Status | 'Yes | ' |
| Entity Voluntary Filers | 'No | ' |
| Entity Well-known Seasoned Issuer | 'No | ' |
| Document Fiscal Year Focus | '2015 | ' |
| Document Fiscal Period Focus | 'Q1 | ' |
| Consolidated Balance Sheets (USD $) | 31-May-14 | Feb. 28, 2014 |
| Current | ' | ' |
| Cash | $2,575 | $26,797 |
| Accounts receivable | 18,439 | 11,880 |
| Total current assets | 21,014 | 38,677 |
| Property & equipment net of accumulated depreciation of $3,020 (2014 - $2,630) | 4,689 | 5,080 |
| Oil and gas properties net of accumulated depletion of $29,894 (2014 - $27,094) | 99,096 | 101,896 |
| Unproved oil and gas properties | 289,353 | 289,353 |
| Total assets | 414,152 | 435,006 |
| Current | ' | ' |
| Accounts payable | 179,690 | 139,518 |
| Accrued liabilities | 43,350 | 47,482 |
| Loan payable - related party | 1,462,090 | 1,462,090 |
| Loan payable | 70,000 | 70,000 |
| Total current liabilities | 1,755,130 | 1,719,090 |
| STOCKHOLDERS' DEFICIT | ' | ' |
| Common stock, $.001 par value, 450,000,000 shares authorized, 49,016,667 shares issued and outstanding as of May 31, 2014 and February 28, 2014 | 49,017 | 49,017 |
| Additional paid in capital | 270,661 | 270,661 |
| Deficit | -1,660,656 | -1,603,762 |
| Total stockholders' deficit | -1,340,978 | -1,284,084 |
| Total liabilities and stockholders' deficit | $414,152 | $435,006 |
| Consolidated Balance Sheets Parentheticals (USD $) | 31-May-14 | Feb. 28, 2014 |
| Parentheticals | ' | ' |
| Property & equipment accumulated depreciation | $3,020 | $2,630 |
| Oil and gas properties accumulated depreciation | $29,894 | $27,094 |
| Common Stock, par value | $0.00 | $0.00 |
| Common Stock, shares authorized | 450,000,000 | 450,000,000 |
| Common Stock, shares issued | 49,016,667 | 49,016,667 |
| Common Stock, shares outstanding | 49,016,667 | 49,016,667 |
| Consolidated Statements of Operations (USD $) | 3 Months Ended | |
| 31-May-14 | 31-May-13 | |
| Revenue: | ' | ' |
| Oil & Gas revenue | $6,323 | $15,240 |
| Expenses | ' | ' |
| General and administrative | 58,025 | 128,828 |
| Depreciation, amortization and depletion | 3,191 | 7,794 |
| Total operating expense | 61,216 | 136,622 |
| Other income (expense) | ' | ' |
| Interest expense | -2,000 | -238 |
| Net loss | ($56,893) | ($121,620) |
| Loss per common share - Basic and diluted | ($0.01) | ($0.01) |
| Weighted average number of common shares outstanding | 49,016,667 | 48,750,000 |
| Consolidated Statement of Stockholders' Deficit (USD $) | Common Stock Shares | Stock Amount | Additional Paid-in Capital | Accumulated Deficit | Total Stockholders' Deficit |
| USD ($) | USD ($) | USD ($) | USD ($) | ||
| Balances at Feb. 28, 2014 | 49,016,667 | 49,017 | 270,661 | -1,603,763 | -1,284,085 |
| Net loss | ' | $0 | $0 | ($56,893) | ($56,893) |
| Balances at May. 31, 2014 | 49,016,667 | 49,017 | 270,661 | -1,660,656 | -1,340,978 |
| Consolidated Statements of Cash Flows (USD $) | 3 Months Ended | |
| 31-May-14 | 31-May-13 | |
| Cash flows from operating activities | ' | ' |
| Net loss | ($56,893) | ($121,620) |
| Adjustment to reconcile net loss to net cash used in operations | ' | ' |
| Depreciation, amortization and depletion | 3,191 | 7,794 |
| Accounts receivable | -6,559 | -10,705 |
| Accounts payable and accrued liabilities | 36,041 | -1,258 |
| Net cash used in operating activities | -24,220 | -125,789 |
| Cash flows from financing activities | ' | ' |
| Advances from related party | 0 | 128,481 |
| Capital lease obligation | 0 | -4,562 |
| Net cash from financing activities | 0 | 123,919 |
| Net decrease | -24,220 | -1,870 |
| Cash, beginning of period | 26,797 | 3,375 |
| Cash, end of period | 2,577 | 1,505 |
| Supplemental disclosure of cash flow information: | ' | ' |
| Cash paid during the year for income taxes | 0 | 0 |
| Cash paid during the year for interest | $0 | $0 |
| Incorporation and nature of operations | 3 Months Ended |
| 31-May-14 | |
| Incorporation and nature of operations | ' |
| Incorporation and nature of operations | ' |
| 1. Incorporation and nature of operations | |
| Falconridge Oil Technologies Corp. (the “Company”) was incorporated on May 30, 2007 under the name Ameriwest Minerals Corp. On December 23, 2010, the Company changed its name to Ameriwest Petroleum Corp. by way of a merger with its wholly-owned subsidiary, Ameriwest Petroleum Corp., which was formed solely for the change of name. | |
| Effective July 2, 2013, in accordance with approval from the Financial Industry Regulatory Authority (“FINRA”), the Company changed its name from “Ameriwest Petroleum Corp.” to “Falconridge Oil Technologies Corp.” by way of a merger with its wholly-owned subsidiary Falconridge Oil Technologies Corp., which was formed solely for the change of name. | |
| The name change became effective with the OTCBB at the opening of trading on July 2, 2013 under the symbol “FROT”. On July 2, 2013, the Company’s stock symbol changed from “AWSS” to “FROT” to better reflect the new name of the Company. | |
| The Company is an oil and gas technology company that specializes in identifying and accessing additional petroleum reserves that are usually left in the ground. The Company’s value proposition is extracting new resources from wells that have been assessed as uneconomic. Most of the Company’s projects will involve depleted or low producing assets. Assets are stimulated utilizing Terra Slicing Technology (“TST”) for maximum effectiveness and productivity, essentially revitalizing the pre-existing well and establishing a flow rate with a significant percentage of its initial production. Alternatively, TST may be utilized as part of a workover project or procedure |
| Summary of significant accounting policies | 3 Months Ended |
| 31-May-14 | |
| Significant accounting policies | ' |
| Summary of significant accounting policies | ' |
| 2. Summary of significant accounting policies | |
| Basis of presentation | |
| The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America and with the rules and regulations of the Securities and Exchange Commission to Form 10-Q and Article 8 of Regulation S-X. These unaudited interim statements should be read in conjunction with the financial statements of the Company for the year ended February 28, 2014 and notes thereto contained in the information as part of the Company's Annual Report on Form 10-K filed with the SEC on June 13, 2014. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2014 as reported in the Form 10-K have been omitted. In the opinion of management, the unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring adjustments) which are necessary to present fairly the financial position and the results of operations for the interim periods presented herein. Unaudited interim results are not necessarily indicative of the results for the full year. | |
| Use of estimates | |
| The preparation of financial statements in conformity with generally accepted accounting principles 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. Actual results could differ from those estimates. | |
| Impairment of long-lived assets | |
| The Company follows paragraph 360-10-35-17 of the FASB Accounting Standards Codification for its long-lived assets. The Company’s long-lived assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. | |
| The Company assesses the recoverability of its long-lived assets by comparing the projected undiscounted net cash flows associated with the related long-lived asset or group of long-lived assets over their remaining estimated useful lives against their respective carrying amounts. Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets. Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. If long-lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long-lived assets are depreciated over the newly determined remaining estimated useful lives. As of May 31, 2014 and 2013, no impairment was recorded. | |
| Revenue recognition | |
| The Company follows the guidance of paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. | |
| Under the royalty agreements obtained as part of the Service and Gross Overriding Royalty Agreements, the Company recognizes revenue when production occurs. The royalty income is calculated monthly and the Company recognizes royalty income as production is reported by well. | |
| Under the Success Fees obtained as part of the Service and Gross Overriding Royalty Agreements, the Company recognizes revenue when the success fees are earned as defined by the agreements |
| Related party payable - First World Trade Corporation | 3 Months Ended |
| 31-May-14 | |
| Related party payable - First World Trade Corporation | ' |
| Related party payable - First World Trade Corporation | ' |
| 3. Related party payable – First World Trade Corporation | |
| First World Trade Corporation (“FWT”) is a company controlled by a shareholder of the Company. As at May 31, 2014, FWT has advanced the Company $1,462,090 (2013 - $1,388,624) to fund operating costs and shared expenses, the loan is non-interest bearing and without specific terms of repayment. |
| Commitments and contingencies | 3 Months Ended |
| 31-May-14 | |
| Commitments and contingencies | ' |
| Commitments and contingencies | ' |
| 4. Commitments and contingencies | |
| The Company has entered into a licensing agreement with HydroSlotter Corporation of Canada (“HSC”) for the non-exclusive right to market, represent and use HSC technology in order explore and develop utilization of the HSC technology in any geographical region, country, or territory. The term of the agreement is from October 1, 2012 to December 1, 2013 and may be renewed annually by mutual consent. Revenue and expenses are shared in accordance with the terms of the agreement. |
| Accounting Policies (Policies) | 3 Months Ended |
| 31-May-14 | |
| Significant accounting policies {1} | ' |
| Basis of presentation | ' |
| Basis of presentation | |
| The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America and with the rules and regulations of the Securities and Exchange Commission to Form 10-Q and Article 8 of Regulation S-X. These unaudited interim statements should be read in conjunction with the financial statements of the Company for the year ended February 28, 2014 and notes thereto contained in the information as part of the Company's Annual Report on Form 10-K filed with the SEC on June 13, 2014. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2014 as reported in the Form 10-K have been omitted. In the opinion of management, the unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring adjustments) which are necessary to present fairly the financial position and the results of operations for the interim periods presented herein. Unaudited interim results are not necessarily indicative of the results for the full year. | |
| Use of estimates | ' |
| Use of estimates | |
| The preparation of financial statements in conformity with generally accepted accounting principles 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. Actual results could differ from those estimates. | |
| Impairment of long-lived assets | ' |
| Impairment of long-lived assets | |
| The Company follows paragraph 360-10-35-17 of the FASB Accounting Standards Codification for its long-lived assets. The Company’s long-lived assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. | |
| The Company assesses the recoverability of its long-lived assets by comparing the projected undiscounted net cash flows associated with the related long-lived asset or group of long-lived assets over their remaining estimated useful lives against their respective carrying amounts. Impairment, if any, is based on the excess of the carrying amount over the fair value of those assets. Fair value is generally determined using the asset’s expected future discounted cash flows or market value, if readily determinable. If long-lived assets are determined to be recoverable, but the newly determined remaining estimated useful lives are shorter than originally estimated, the net book values of the long-lived assets are depreciated over the newly determined remaining estimated useful lives. As of May 31, 2014 and 2013, no impairment was recorded. | |
| Revenue recognition | ' |
| Revenue recognition | |
| The Company follows the guidance of paragraph 605-10-S99-1 of the FASB Accounting Standards Codification for revenue recognition. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. | |
| Under the royalty agreements obtained as part of the Service and Gross Overriding Royalty Agreements, the Company recognizes revenue when production occurs. The royalty income is calculated monthly and the Company recognizes royalty income as production is reported by well. | |
| Under the Success Fees obtained as part of the Service and Gross Overriding Royalty Agreements, the Company recognizes revenue when the success fees are earned as defined by the agreements |
| Related party payable (Details) (USD $) | 31-May-14 | 31-May-13 |
| Related party payable: | ' | ' |
| FWT advanced the Company | $1,462,090 | $1,388,624 |
