Foothills Exploration (FTXP) 10-Q 14 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 11, 2017
Document And Entity Information
Entity Registrant Name	FOOTHILLS EXPLORATION, INC.
Entity Central Index Key	1,503,458
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		14,484,612
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,017

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 637	$ 801,377
Accounts receivable	12,624
Prepaid expenses	435,574	49,140
Total Current Assets	448,835	850,517
Other Assets:
Fixed assets, net	323,858	353,363
Restricted cash	240,000	240,000
Surety and performance bonds	295,000	295,000
Oil and gas property, net	11,552,801	11,198,411
Total Assets	12,860,494	12,937,291
Current Liabilities:
Accounts payable and accrued liabilities	1,493,801	1,710,328
Related party payable		10,600
Accrued interest	48,224
Accrued interest – related party	81,370
Notes payable - related party	1,250,000
Notes payable	1,000,000
Convertible note payable	50,000
Deferred rent	10,780
Contingent Liabilities	213,372	213,372
Total Current Liabilities	4,147,547	1,934,300
Long-Term Liabilities:
Long-term debt, net (unamortized debt discount of $228,536 and $0, respectively)	5,771,464	6,000,000
Asset retirement obligation	297,493
Total Liabilities	10,216,504	7,934,300
Stockholders’ Equity:
Preferred stock, $0.0001 par value; 25,000,000 shares authorized; no shares outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized; 14,459,612 and 13,779,612 shares issued and outstanding, respectively	1,446	1,378
Stock subscription receivable	(35,000)
Stock payable	64,247	51,397
Additional paid in capital	8,005,168	6,924,810
Accumulated deficit	(5,391,871)	(1,974,594)
Total stockholders’ equity	2,643,990	5,002,991
Total Liabilities and Stockholders’ Equity	$ 12,860,494	$ 12,937,291

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Long-term debt, net unamortized debt discount	$ 228,536	$ 0
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, authorized	25,000,000	25,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	100,000,000	100,000,000
Common stock, issued	14,459,612	13,779,612
Common stock, outstanding	14,459,612	13,779,612

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue	$ 25,060		$ 98,954
Operating expenses
Selling, general and administrative	1,114,788	651,378	1,946,541	860,128
Depreciation, depletion and amortization	18,428		36,797
Impairment of oil and gas properties	10,465		1,283,218
Total operating expenses	1,143,681	651,378	3,266,556	860,128
Loss from operations	(1,118,621)	(651,378)	(3,167,602)	(860,128)
Other income (expenses):
Interest expense	(139,157)	(16,043)	(249,675)	(28,010)
Total other expenses	(139,157)	(16,043)	(249,675)	(28,010)
Net Loss	$ (1,257,778)	$ (667,421)	$ (3,417,277)	$ (888,138)
Net loss per share – basic and diluted	$ (0.09)	$ (0.11)	$ (0.24)	$ (0.17)
Weighted average common shares – basic and diluted	14,181,865	6,047,723	14,076,518	5,273,862

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows from Operating Activities
Net loss	$ (3,417,277)	$ (888,138)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation, depletion and amortization	36,797
Impairment of assets	1,283,218
Amortization of debt discount	114,268
Accretion of asset retirement obligation	5,834
Common stock issued and stock payable for services	587,954	9,250
Deferred rent	10,780
Changes in operating assets and liabilities:
Prepaid expenses	(126,112)	165,833
Accounts receivable	(12,624)
Accounts payable and accrued liabilities	(216,527)	29,647
Accounts payable - related party	(10,600)
Accrued interest	48,224	28,801
Accrued interest – related party	81,370
Net cash used in operating activities	(1,614,695)	(654,607)
Cash Flows from Investing Activities
Payments for acquisition of oil and gas property	(1,696,045)	(33,243)
Net cash used in investing activities	(1,696,045)	(33,243)
Cash Flows from Financing Activities
Proceeds from notes payable - related party	1,250,000
Proceeds from notes payable	1,000,000	400,000
Proceeds from convertible note payable	50,000
Proceeds from sales of common stock	210,000
Net cash provided by financing activities	2,510,000	400,000
Net decrease in cash and cash equivalents	(800,740)	(287,850)
Cash and Cash Equivalents, beginning of period	801,377	375,000
Cash and Cash Equivalents, end of period	637	87,150
Supplemental disclosures of cash flow information:
Interest paid
Income tax paid
Non-cash investing and financing activities:
Prepaid expenses in shares	260,322	2,144
Asset Retirement Obligation	291,659
Debt discount	342,804
Stock issued for conversion of notes payable		1,000,000
Accrued interest forgiven by related party		28,801
Accounts payable settled with restricted cash		$ 25,000

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Note 1. Nature of Operations and Summary of Significant Accounting Policies Business Foothills Exploration, Inc., (“Company”, “Foothills Exploration” or “Foothills”) was incorporated in the State of Delaware on May 13, 2010, under the name of “Key Link Assets Corp.” for the purpose of acquiring a portfolio of heavily discounted real estate properties in the Chicago metropolitan area. The Company changed its focus and planned to acquire small and medium sized grocery stores in non-urban locales that are not directly served by large national supermarket chains. On May 2, 2016, Foothills Petroleum Inc., a Nevada corporation (“FPI”), acquired over 14.1 million pre-split (56.4 million post-split) shares of the Company’s common stock constituting approximately 96% of our then issued and outstanding shares (“FPI Acquired Shares”). As of May 16, 2016, we effected a 4:1 forward split of our shares of common stock. On May 27, 2016, the Company entered into a Share Exchange Agreement with shareholders of FPI whereby we acquired all of the outstanding shares of FPI in exchange for 4,500,000 shares of our common stock and also issued 1,503,759 shares of our common stock on automatic conversion of debt (please see discussion below under Overview) for an aggregate of 6,003,759 shares of our common stock (the “Share Exchange”). As a result of the Share Exchange, FPI became our wholly owned subsidiary and the FPI Acquired Shares were returned to treasury and deemed cancelled. For accounting purposes, this transaction is being accounted for as a reverse acquisition and has been treated as a recapitalization of the Company with FPI considered the accounting acquirer, and the financial statements of the accounting acquirer became the financial statements of the registrant. The completion of the Share Exchange resulted in a change of control. The FPI Shareholders obtained approximately 96% of voting control on the date of Share Exchange. FPI was the acquirer for financial reporting purposes and the Company was the acquired company. The condensed consolidated financial statements after the acquisition include the balance sheets of both companies at historical cost, the historical results of FPI and the results of the Company from the acquisition date. All share and per share information in the accompanying condensed consolidated financial statements and footnotes have been retroactively restated to reflect the recapitalization. Prior to the Share Exchange, the Company had minimal assets and recognized no revenues from operations, and were accordingly classified as a shell company. On June 24, 2016, the Company filed an amendment to our Current Report on Form 8-K originally filed on June 10, 2016, indicating that we were no longer a shell company as defined by Rule 12b-2 of the Exchange Act. In light of closing the Share Exchange transaction with the shareholders of FPI, the Company became actively engaged in oil and gas operations through its wholly owned subsidiary. On December 12, 2016, the Company entered into a participation agreement with Magna Operating, LLC, a privately held Houston-based independent exploration and production company (“Magna Operating”), in relation to the Labokay prospect, covering approximately 240 acres in Calcasieu Parish, Louisiana. As consideration for an assignment of interest in and to the leases and the prospect, Foothills Petroleum Operating, Inc., a Nevada corporation and indirect wholly-owned subsidiary of the Company (“FPOI”), tendered to Magna Operating the purchase price in the amount of $144,000. This amount covered FPOI’s share of the land, lease, and administrative costs that Magna Operating incurred in generating and assembling the Labokay prospect as of November 15, 2016. As further consideration for an assignment of working interest in and to the leases, FPOI agreed to participate in the cost, risk, and expense of drilling the Labokay test well. The well was plugged and abandoned in February 2017. On December 30, 2016, the Company acquired various oil and gas assets in Utah from Total Belief Limited, a wholly owned subsidiary of New Times Energy Corporation Limited. These assets included certain oil and gas wells throughout the Uinta Basin in Utah on acreage with over 30 proven undeveloped drilling locations, additional non-operating interest in other leases, and access to approximately 6,000 acres in the Uinta Basin with proven and probable reserves and existing infrastructure in place. Through the acquisition, Foothills also obtained six shut-in wells in the Natural Buttes Field, Utah. The transaction provides Foothills with the rights to an agreement to acquire up to 6,000+ acres and up to 16 shut-in oil and gas wells with proved and proved undeveloped reserves on Tribal lands in the Uinta Basin. This acquisition delivers to the Company an additional 40% working interest in the Ladysmith Prospect covering 3,060 acres in the Greater Green River Basin, Wyoming, bringing the Company’s total working interest in the prospect from 35% (pre-acquisition) up to 75%. By this agreement, the Company acquired 13,166,667 shares, constituting 55.63% of the outstanding shares of Grey Hawk Exploration, Inc. (“Grey Hawk”), a British Columbia, Canada company. Grey Hawk owns a non-operated working interest in two non-producing wells in the southern portion of the Natural Buttes Field. On December 30, 2016, the Company also acquired the remaining 25% membership interest in Tiger Energy Partners International, LLC (“TEPI”) from Green Stone Capital Partners Limited, a Cayman Islands limited liability company, in exchange for assumption of Greenstone’s proportionate share of TEPI obligations and liabilities. Nature of Operations FPI, the Company’s main operating subsidiary, was incorporated in Nevada in December 2015. Foothills is an independent oil and gas exploration company with a focus on the acquisition and development of oil and gas properties in the Rockies and Gulf Coast. Foothills seeks to acquire dislocated and underdeveloped oil and gas assets and maximize those assets to create shareholder value (the “Business”). The Company’s principal obligations include: ● A debenture in the amount of $1,250,000, plus interest accruing at a rate of 9% per annum issued to Berwin Trading Limited (“Berwin”) with principal and interest due upon maturity on May 6, 2017. On May 5, 2017, the Company and Berwin agreed to extend the maturity date of the debenture to June 20, 2017, in return for an annual interest rate increase from 9% to 13.5% per annum for the life of the debenture. The Company and Berwin have been in discussions to extend the term of this debenture and the Company believes it will either extend or repay the obligation to the satisfaction of Berwin. ● A second debenture in the amount of $1,000,000, plus interest accruing at a rate of 9% issued to Full Wealth Investment Hong Kong Limited (“Full Wealth”) with principal and interest due upon maturity on or before May 5, 2017. On May 18, 2017, Full Wealth sold this note to Gold Class Limited, with accrued interest increased from 9% to 13.5% per annum for the life of the debenture. On June 1, 2017, Full Wealth acquired this note back from Gold Class and the Company issued a new debenture with a 60-day term and 10% interest per annum to Full Wealth. Subsequent to the period ended June 30, 2017 on August 9, 2017, a bridge note was issued to Profit Well Limited, a Hong Kong limited liability company, in the principal amount of $1,050,000, bearing an annual interest rate of 13.5%, maturing September 8, 2017 (the “Bridge Note”). Proceeds of this Bridge Note are intended to be used to retire the debenture issued to Full Wealth. Full Wealth has acknowledged that the Company’s obligations under the Debenture dated June 1, 2017 will not be in default if paid in full by the proceeds of the Bridge Note. ● A promissory note in the amount of $6,000,000 to Total Belief Limited (“TBL”), a direct wholly-owned subsidiary of New Times Energy Corporation Limited, in connection with the assets acquired on December 30, 2016, with a maturity date of June 30, 2018. This promissory note accrues no interest during its term and is due and payable in full on or before its maturity date. From its inception in December 2015 through the period ended June 30, 2017, Foothills produced limited revenues from its business and principal properties and is currently an exploration stage company. Prior to January 2017, Foothills had minimal operations that were focused mainly on administrative activities connected to the identification and evaluation of potential oil and gas prospects and other potential leasehold acquisitions in our geographical areas of interest. As of June 30, 2017, Foothills had rights to 45,648 acres of oil and gas property in the state of Wyoming, excluding 6,115 acres of the Ironwood prospect that are subject to drilling a well in 2017. Going Concern The Company’s condensed consolidated financial statements included elsewhere in this Quarterly Report have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the condensed consolidated financial statements, the Company had an accumulated deficit of $5,391,871 at June 30, 2017, and incurred a net loss of $3,417,277, and utilized net cash of $1,614,695 in operating activities for the six-month period then ended. These factors raise substantial doubt about its ability to continue as a going concern. The condensed consolidated financial statements included elsewhere herein do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Use of Estimate and Assumptions The preparation of financial statements in conformity with 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(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates. Restricted Cash Cash and cash equivalents that are restricted as to withdrawal or use under the terms of certain contractual agreements are recorded in restricted cash in the non-current assets section of our condensed consolidated balance sheet. As of June 30, 2017 and December 31, 2016, the Company had restricted cash of $240,000 and $240,000, respectively; this amount is being held in escrow for the benefit of the State of Utah for certain properties located in Utah. Oil and Gas Properties The Company follows the full cost method of accounting for its investments in oil and gas properties. Under the full cost method, all costs associated with the exploration of properties are capitalized into appropriate cost centers within the full cost pool. Internal costs that are capitalized are limited to those costs that can be directly identified with acquisition, exploration, and development activities undertaken and do not include any costs related to production, general corporate overhead, or similar activities. Cost centers are established on a country-by-country basis. Capitalized costs within the cost centers are amortized on the unit-of-production basis using proved oil and gas reserves. The cost of investments in unevaluated properties and major development projects are excluded from capitalized costs to be amortized until it is determined whether or not proved reserves can be assigned to the properties. Until such a determination is made, the properties are assessed annually to ascertain whether impairment has occurred. The costs of drilling exploratory dry holes are included in the amortization base immediately upon determination that the well is dry. For each cost center, capitalized costs are subject to an annual ceiling test, in which the costs shall not exceed the cost center ceiling. The cost center ceiling is equal to: (i) the present value of estimated future net revenues computed by applying current prices of oil and gas reserves (with consideration of price changes only to the extent provided by contractual arrangements) to estimated future production of proved oil and gas reserves as of the date of the latest balance sheet presented, less estimated future expenditures (based on current costs) to be incurred in developing and producing the proved reserves computed using a discount factor of ten percent and assuming continuation of existing economic conditions; plus (ii) the cost of properties not being amortized; plus (iii) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; and less (iv) income tax effects related to differences between the book and tax basis of the properties. If unamortized costs capitalized within a cost center, less related deferred income taxes, exceed the cost center ceiling, the excess is charged to expense and separately disclosed during the period in which the excess occurs. As of June 30, 2017, the Company determined that no impairment was required for the period then ended based on the guidance in Regulation S-X, Rule 4-10; SAB Topic 12.D; and FRC Section 406.01.c. Capitalization of Fixed Assets The Company capitalizes expenditures related to property and equipment, subject to a minimum rule, that have a useful life greater than one year for: (1) assets purchased; (2) existing assets that are replaced, improved or the useful lives have been extended; or (3) all land, regardless of cost, acquisitions of new assets, additions, replacements and improvements (other than land) costing less than the minimum rule in addition to maintenance and repair costs, including any planned major maintenance activities, are expensed as incurred. Office equipment – 3 years Vehicle(s) – 5 years Drilling and production equipment – 7 years Oil and gas properties – 20 years Asset Retirement Obligations The asset retirement obligation relates to the plug and abandonment costs when its wells are no longer useful. The Company determines the value of the liability by obtaining quotes for this service and then estimating the increase it will face in the future. The Company then discounts the future value based on an intrinsic interest rate that is appropriate. If costs rise more than what was expected there could be additional future charges, however, Foothills monitors the costs of the abandoned wells and intends to adjust this liability as required. Fair Value of Financial Instruments For certain of the Company’s financial instruments, including cash and equivalents, restricted cash, accounts receivable, accounts payable, accrued liabilities and short-term debt, the carrying amounts approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the condensed consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: ● Level 1, defined as observable inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. ● Level 2, defined as inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. ● Level 3 defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity,” and ASC 815. As of June 30, 2017, the Company did not identify any assets and liabilities that are required to be presented on the balance sheet at fair value. Net Earnings (Loss) Per Common Share The Company computes earnings per share under ASC 260-10, “Earnings Per Share.” Basic earnings (loss) per share is computed by dividing the net income (loss) attributable to the common stockholders (the numerator) by the weighted average number of shares of common stock outstanding (the denominator) during the reporting periods. Diluted loss per share is computed by increasing the denominator by the weighted average number of additional shares that could have been outstanding from securities convertible into common stock (using the “treasury stock” method), unless their effect on net loss per share is anti-dilutive. There were 225,000 potentially dilutive shares, which include outstanding warrants, for the period ended June 30, 2017. The potential shares are excluded from the determination of basic and diluted net loss per share as their effect is anti-dilutive. Stock-Based Compensation All share-based payments, including grants of stock to employees, directors and consultants, are recognized in the condensed consolidated financial statements based upon their estimated fair values. The Company’s accounting policy for equity instruments issued to consultants and vendors in exchange for goods and services follows ASC Topic 505. As such, the value of the applicable stock-based compensation is periodically re-measured and income or expense is recognized during their vesting terms. The measurement date for the fair value of the equity instruments issued is determined at the earlier of (i) the date at which a commitment for performance by the consultant or vendor is reached or (ii) the date at which the consultant or vendor’s performance is complete. In the case of equity instruments issued to consultants, the fair value of the equity instrument is primarily recognized over the term of the consulting agreement. In accordance with FASB guidance, an asset acquired in exchange for the issuance of fully vested, non-forfeitable equity instruments should not be presented or classified as an offset to equity on the grantor’s balance sheet once the equity instrument is granted for accounting purposes. Recent Accounting Pronouncements In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting In January 2017, the FASB issued Accounting Standards Update No. 2017-01, Clarifying the Definition of a Business In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Simplifying the Test for Goodwill Impairment Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future condensed consolidated financial statements.

Fixed Assets

Fixed Assets	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Fixed Assets	Note 2 – Fixed Assets As of June 30, 2017, and December 31, 2016, fixed assets consisted of the following: June 30, 2017 December 31, 2016 (unaudited) Computer equipment and fixtures $ 22,453 $ 22,453 Vehicle 69,446 69,446 Drilling Equipment 265,578 265,578 Accumulated depreciation (33,619 ) (4,114 ) Fixed assets, net $ 323,858 $ 353,363 Depreciation and amortization expense for the three months ended June 30, 2017 and 2016 was $14,782 and $0, respectively. Depreciation and amortization expense for the six months ended June 30, 2017 and 2016 was $29,505 and $0, respectively.

Oil and Gas Properties

Oil and Gas Properties	6 Months Ended
	Jun. 30, 2017
Oil and Gas Exploration and Production Industries Disclosures [Abstract]
Oil and Gas Properties	Note 3 – Oil and Gas Properties Upon organization of Foothills Petroleum Inc. (“FPI”), on December 24, 2015, Wilshire Energy Partners, LLC, contributed its 100% membership interest in Foothills Exploration, LLC, a Wyoming limited liability company, to FPI in exchange for 4,500,000 shares of FPI’s common stock. At the time of contribution, Wilshire Energy Partners, LLC, had acquired and owned the rights to 38,120 acres of oil and gas leases in the State of Wyoming. On completion of the Share Exchange, effective May 27, 2016, Wilshire Energy Partners, LLC, exchanged its FPI shares for 4,500,000 shares of the Company’s common stock. As a result, the Company owns 100% of FPI and Foothills Exploration, LLC, is now a wholly owned indirect subsidiary of the Company that retains title to these oil and gas leases. This transaction is treated as the founding transaction by the Company. The asset was valued at $72,430 at the time of transfer based on costs associated with the payment of lease bonuses, fees and taxes paid during the formation of the asset. On December 24, 2015, Foothills entered into a convertible promissory note in the amount of $600,000 with Alternus. The two-year note matures on December 23, 2017, and accrues interest at 8% per year. By its terms the note was automatically required to convert the outstanding principal and interest due under the terms of the note upon a merger or other combination occurring between Foothills and an entity with shares listed for trading (“Pubco”). The conversion price in the note was established at $0.665 per share, (the “Conversion Price”). On April 5, 2016, and under substantially similar terms described herein, Foothills received an additional $400,000 from Alternus. Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes which, in the event of that full subscription would convert into not less than 30% of the outstanding shares of Pubco. At May 27, 2016, the date of the Share Exchange, Alternus had invested $1,000,000 and, based on the Conversion Price, 1,503,759 shares of Common Stock of Pubco (Key Link) were issued in full satisfaction of its two notes. Alternus transferred to Berwin Trading Limited its right to purchase the remaining $2,500,000 in equity in the Company at substantially the same terms as the conversion of the convertible note purchase agreement. Berwin agreed to purchase $2,000,000 or 3,007,519 common shares and completed the documents related to the purchase of equity on June 30, 2016, and funded its investment on July 6, 2016. The additional investment option has expired. On March 29, 2016, Foothills acquired a 35% working interest in the Ladysmith Anticline prospect that is located in Fremont County, Wyoming. Total acreage position is 3,061 acres located between the Great Divide/Greater Green River Basin and the Wind River Basin, in return for covering certain costs of operation in the amount of $20,000, and to a share of the working interest in the leases. The primary target zones are the variable Phosphoria and Tensleep sandstone with secondary considerations in the Madison limestone and Flathead sandstone. The prospect generation was based on licensed 2-D seismic comprised of two seismic lines covering the Chevron/Echo – Greater Green River Basin. The asset is valued at $20,000 based on the agreement and consideration paid by the Company. During the three and six months ended June 30, 2017, the Company capitalized an additional $651 and $12,169 in costs related to this asset. On December 12, 2016, the Company entered into a participation agreement with Magna Operating, LLC, a privately held Houston-based independent exploration and production company (“Magna Operating”), in relation to the Labokay prospect, covering approximately 240 acres in Calcasieu Parish, Louisiana. As consideration for an assignment of interest in and to the leases and the prospect, Foothills Petroleum Operating, Inc., a Nevada corporation and indirect wholly-owned subsidiary of the Company (“FPOI”), tendered to Magna Operating the purchase price in the amount of $144,000. This amount covered FPOI’s share of the land, lease, and administrative costs that Magna Operating incurred in generating and assembling the Labokay prospect as of November 15, 2016. As further consideration for an assignment of working interest in and to the leases, FPOI agreed to participate in the cost, risk, and expense of drilling the Labokay test well. During the period ended June 30, 2017, the Company drilled a test well on Labokay to the total measured depth of 8,795 feet, where hydrocarbons shows were present, but not in commercial quantities to warrant completion. The well was plugged and abandoned. The Company recognized impairment of oil and gas property in amount of $1,283,218 during six months ended June 30, 2017. On December 30, 2016, the Company acquired various oil and gas assets in Utah from Total Belief Limited, a wholly owned subsidiary of New Times Energy Corporation Limited. These assets included certain oil and gas wells throughout the Uinta Basin in Utah on acreage with over 30 proven undeveloped drilling locations, additional non-operating interest in other leases, and access to approximately 6,000 acres in the Uinta Basin with proven and probable reserves and existing infrastructure in place. This purchase provides us with an entry point into the Uinta Basin and a basis from which to seek other bolt-on acquisition opportunities in the Rockies. The transaction delivers a licensed and bonded operator in Utah having bonds in place with the BLM, State of Utah and BIA. Through the acquisition, Foothills also obtained six shut-in wells in the Natural Buttes Field, Utah. Three of these wells have already been worked over and brought back online with production averaging around 547 barrels during Q2 2017. The remaining three wells will be equipped and worked over in the coming months with the goal of bringing additional production back online. The transaction provides Foothills with the rights to an agreement to acquire up to 6,000+ acres and up to 16 shut-in oil and gas wells with proved and proved undeveloped reserves on Tribal lands in the Uinta Basin. These properties provide in-field drilling potential, the ability to bring online shut-in wells and behind pipe development. Five shut-in wells located on fee lands in the Altamont-Bluebell Field that are undergoing title curative also have the potential to achieve near term production with stimulation and the addition of surface equipment. Furthermore, this acquisition delivers to the Company an additional 40% working interest in the Ladysmith Prospect covering 3,060 acres in the Greater Green River Basin, Wyoming, bringing the Company’s total working interest in the prospect from 35% (pre-acquisition) up to 75%. Lastly through this transaction, the Company also acquired 13,166,667 shares of common stock, constituting 55.63% of the outstanding shares of Grey Hawk Exploration, Inc. (“Grey Hawk”), a British Columbia, Canada company. Grey Hawk owns a non-operated working interest in two non-producing wells in the southern portion of the Greater Natural Buttes Field in Utah. On December 30, 2016, concurrent with the TBL transaction, the Company also acquired the remaining 25% membership interests in TEPI from Green Stone Capital Partners Limited, a Cayman Islands limited liability company, in exchange for assumption of Greenstone’s proportionate share of TEPI obligations and liabilities. On December 30, 2016, in connection with the TBL acquisition (see Note 1), Foothills entered into a promissory note in the amount of $6,000,000 with Total Belief Limited. This note matures on June 30, 2018, and accrues no interest during its term. $342,804 imputed interest was recorded as debt discount. $342,804 was determined using the imputed interest method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 1.5 years. During the three and six months ended June 30, 2017, we amortized $57,134 and $114,268 debt discount into interest expense. During the six months ended June 30, 2017 and 2016, we capitalized an additional $1,696,045 and $33,243 of oil and gas properties, respectively.

Asset Retirement Obligation

Asset Retirement Obligation	6 Months Ended
	Jun. 30, 2017
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	Note 4 – Asset Retirement Obligation The Company’s asset retirement obligations relate to the abandonment of oil and gas wells. The amounts recognized are based on numerous estimates and assumptions, including future retirement costs, inflation rates and credit adjusted risk-free interest rates. The following shows the changes in asset retirement obligations: Asset retirement obligations, January 1, 2017 $ - Liabilities incurred during the period 291,659 Release of liabilities associated with the sale of oil properties - Liabilities settled during the year - Accretion 5,834 Asset retirement obligations, June 30, 2017 $ 297,493 Depletion expense for the three and six months ended June 30, 2017 was $3,646 and $7,292, respectively.

Notes Payable

Notes Payable	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Notes Payable	Note 5 – Notes Payable On December 30, 2016, in connection with the TBL acquisition (see Note 1), Foothills entered into a promissory note in the amount of $6,000,000 with Total Belief Limited. This note matures on June 30, 2018, and accrues no interest during its term. $342,804 imputed interest was recorded as debt discount. $342,804 was determined using the present value method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 1.5 years. During the three months and six months ended June 30, 2017, we amortized $57,134 and $114,268 debt discount into interest expense. The Company has reduced the value of its oil and gas properties in the proportion of the debt discount allocated to the note. Effective January 5, 2017, Foothills borrowed $1,000,000 from Full Wealth Investment Hong Kong Limited, a limited liability company organized under the laws of Hong Kong. The Company executed a promissory note, titled as a Debenture, with the lender dated as of December 30, 2016, with proceeds being received by the Company on January 5, 2017. This loan is unsecured, bears interest at 9% per year and is due and payable in 120 days from the receipt of fund. If any amount payable is not paid when due, any such overdue amount shall bear interest at the default rate of 11% from the date of such non-payment until such amount is paid in full. The Company used net proceeds of this loan to satisfy certain obligations under a Purchase and Sale Agreement with Total Belief Limited, dated December 30, 2016, for general working capital and to support certain target drilling activities. On May 18, 2017, Full Wealth Investment Hong Kong Limited sold this note to Gold Class Limited, with accrued interest increased from 9% to 13.5% per annum for the life of the debenture. On June 1, 2017, Full Wealth Investment Hong Kong Limited acquired this note from Gold Class with a 60-day term and 10% interest per annum for the life of the debenture. As of June 30, 2017, the balance of accrued interest was $47,945. During the three months and six months ended June 30, 2017, we recorded interest expense in the amount of $25,507 and $47,945, respectively. Subsequent to the period ended June 30, 2017 and on August 9, 2017, Foothills borrowed $1,050,000 from Profit Well Limited, a Hong Kong limited liability company and an unrelated party. The Company executed a Bridge Note with an annual percentage interest rate of 13.5% and a maturity date of September 8, 2017. Proceeds of this Bridge Note were received by the Company on August 10, 2017, and were primarily used to repay Full Wealth for the debenture dated June 1, 2017.

Notes Payable, Related Party

Notes Payable, Related Party	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Notes Payable, Related Party	Note 6 – Notes Payable, Related Party Effective January 5, 2017, Foothills borrowed $1,250,000 from Berwin Trading Limited. The Company executed a promissory note, titled as a Debenture, with the lender dated as of December 30, 2016, with proceeds being received by the Company on January 5, 2017. This loan is unsecured, bears interest at 9% per year and is due and payable in 120 days from the receipt of funds. If any amount payable is not paid when due, any such overdue amount shall bear interest at the default rate of 11% from the date of such non-payment until such amount is paid in full. The Company used net proceeds of this loan to satisfy certain obligations under a Purchase and Sale Agreement with Total Belief Limited, dated December 30, 2016, for general working capital and to support certain target drilling activities. On May 4, 2017, the Company and Berwin agreed to extend the maturity date of the debenture to June 20, 2017, in return for an annual interest rate increase from 9% to 13.5% per annum for the life of the debenture. The Company and Berwin have been in discussions to extend the term of this debenture and the Company believes it will either extend or repay the obligation to the satisfaction of Berwin. As of June 30, 2017, the balance of accrued interest was $81,370. During the three months and six months ended June 30, 2017, the Company recorded interest expense in the amount of $53,322 and $81,370, respectively.

Convertible Note Payable

Convertible Note Payable	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Convertible Note Payable	Note 7 – Convertible Note Payable On May 10, 2017, we entered into a convertible note agreement with an unrelated party, pursuant to which we borrowed $50,000 at an annual percentage rate of 10% with a term of 12 months. This note may, at the option of the Lender, be converted at any time prior to September 7, 2017, into fully-paid, restricted and non-assessable shares of common stock of the Company at a price equal to 100% of the selling price of such common stock in a private placement to institutional and/or accredited investors initiated by the Company during the term of this note.

Common Stock

Common Stock	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Common Stock	Note 8 – Common Stock Effective April 1, 2016, Foothills appointed two directors to its board. Each director was granted 125,000 shares of its common stock (the “Foothills Directors Shares”), vesting according to the following schedule: (i) 40% vesting ninety (90) days from the appointment date; (ii) 20% vesting one hundred eighty (180) days from the appointment date; (iii) 20% vesting two hundred seventy (270) days following the appointment date; (iv) 20% vesting three hundred sixty (360) days following the Effective Date. As of June 30, 2017, 125,000 shares were issued to each director. As of June 30, 2017, 250,000 common shares were issued to directors for a total value of $2,500 in aggregate. On May 2, 2016, FPI acquired 14,112,250 pre-split shares of the common stock of Key Link Assets Corp. (“Key Link” or the “Company”) from five persons constituting approximately 96% of our issued and outstanding shares (the “FPI Acquired Shares”). These shares were acquired for cash of $316,035, which was expensed in the period it was incurred. As of May 16, 2016, Foothills effected a 4:1 forward split of its shares of common stock. All references to the number of shares issued and outstanding in these financial states have been retrospectively restated for the forward split. The 14,112,250 pre-split shares were converted into 56,449,000 shares post-split, and were returned to treasury for cancellation. A total of 2,360,000 shares remained outstanding held by the shareholders of the merged public company post the reverse merger acquisition. On May 2, 2016, after obtaining the FPI Acquired Shares, FPI caused the Company to appoint its two non-executive directors to the Board of the Company. These directors exchanged their rights to the FPI Directors Shares for Company shares having substantially the same terms and provisions. On May 2, 2016, the Company also granted 150,000 restricted shares of its common stock to its CEO as a part of his compensation package. The shares have the same vesting schedule as directors’ shares described above. As of June 30, 2017, 150,000 common shares were issued to the Company’s CEO for a total value of $1,500 in aggregate. On May 27, 2016, we entered into a Share Exchange Agreement with the shareholders of FPI whereby we acquired all of the outstanding shares of FPI for an aggregate of 6,003,759 shares of our common stock, of which 4,500,000 shares of our common stock were issued to Wilshire Energy Partners, LLC, (“Wilshire”) and 1,503,759 of our shares of common stock were issuable to Alternus (“Share Exchange”). As a result of the Share Exchange, FPI became our wholly owned subsidiary and the FPI Acquired Shares were to be returned to treasury, deemed canceled and no longer outstanding. We also exchanged warrants to purchase 700,000 shares of Foothills’ common stock, that were issued to Wilshire on May 4, 2016, for a like amount of warrants to purchase shares of the Company’s common stock (the “Wilshire Warrants”). The Wilshire Warrants: ● have a term of five years; ● are exercisable at $1.25 per share as to 100,000 shares; ● are exercisable at $2.00 per share as to 200,000 shares; ● are exercisable at $3.00 per share as to 400,000 shares; ● do not have a cashless exercise feature; and ● are not exercisable for one year. On June 30, 2016, we entered into a Securities Purchase Agreement with Berwin Trading Limited, a British Virgin Islands company (“Berwin”), pursuant to which we sold and agreed to issue 3,007,519 shares of our common stock, $0.0001 par value, at a purchase price of $0.665 per share for an aggregate amount of $2,000,000. On December 30, 2016, we issued 2,083,334 shares of common stock in connection with the TBL acquisition (see Note 6), at a purchase price of $1.83 per share for an aggregate amount of $3,812,500. On May 31, 2017, we entered into securities purchase agreements with two investors whereby we sold 200,000 units at a purchase price of $1.00 per unit for an aggregate amount of $200,000. Each unit consisted of one share of the Company’s common stock and one warrant to purchase a share of the Company’s common stock, exercisable for a period of three years from the date of original issuance at an exercise price of $1.50 per share. Wilshire Energy Partners, LLC, is controlled by Kevin J. Sylla, our Executive Chairman and Chief Executive Officer of FPI, and has been determined to be a Related Party. In June 2017, we entered into securities purchase agreements with two investors whereby we sold 45,000 units at a purchase price of $1.00 per unit for an aggregate amount of $45,000. Each unit consisted of one share of the Company’s common stock and one warrant to purchase a share of the Company’s common stock, exercisable for a period of three years from the date of original issuance at an exercise price of $1.50 per share. As of June 30, 2017, we recorded $35,000 in stock subscriptions receivable and received the cash balance in July 2017. Each of the purchasers is an accredited investor within the meaning of the federal securities laws. The Company paid no brokerage, commission or finder’s fee in connection with these transactions. These transactions were exempt from registration under Section 4(a)(2) of the Securities Act of 1933. During the six months ended June 30, 2017, the Company issued 275,000 shares of common stock to various third parties for services, valued at $453,500. As of June 30, 2017, the Company had 14,459,612 shares of common stock issued and outstanding. Restricted Stock Units (RSUs) Effective August 11, 2016, and on August 15, 2016, Foothills granted Mr. Lanclos 100,000 restricted stock units (RSUs) of the Company of which (i) 20,000 vested 180 days from August 15, 2016, (ii) another 20,000 shall vest 270 days from August 15, 2016, and (iii) the remaining 60,000 shall vest 365 days from August 15, 2016. The Company has a right, but not an obligation to repurchase all or any portion of RSUs granted to the executive at a purchase price of $0.665 per share if executive’s employment with the Company is terminated for any reason within 30 months of start of employment on August 15, 2015. As of June 30, 2017, these RSU’s were valued at $59,290. As of June 30, 2017, 40,000 shares were issued to Mr. Lanclos valued at $26,800. On August 15, 2016, Foothills also granted Mr. Ovalle 100,000 restricted stock units (RSUs) of the Company of which (i) 20,000 shall vested 180 days from August 15, 2016, (ii) another 20,000 shall vest 270 days from August 15, 2016, and (iii) the remaining 60,000 shall vest 365 days from August 15, 2016. The Company has a right, but not an obligation to repurchase all or any portion of RSUs granted to the executive at a purchase price of $0.665 per share if executive’s employment with the Company is terminated for any reason within 30 months of start of employment on August 15, 2015. As of June 30, 2017, these RSU’s were valued at $58,556. As of June 30, 2017, 40,000 shares were issued Mr. Ovalle valued at $26,800. Warrants On May 27, 2016, the Company granted to Wilshire Energy Partners, LLC, warrants (“Wilshire Warrants”) to purchase (i) 100,000 common shares at a strike price of $1.25 per share, (ii) 200,000 common shares at a strike price of $2.00 per share and (iii) 400,000 common shares at a strike price of $3.00 per share. The Wilshire Warrants commence to be exercisable on the earlier of (i) 12-month anniversary of the closing of a going public transaction or (ii) June 30, 2017, and expire on June 1, 2021. On May 27, 2016, the Company granted to an unrelated party warrants to purchase (i) 125,000 common shares at a strike price of $1.25 per share, (ii) 100,000 common shares at a strike price of $2.00 per share and (iii) 100,000 common shares at a strike price of $3.00 per share. The warrants commence to be exercisable on the earlier of (i) 12-month anniversary of the closing of a going public transaction or (ii) June 30, 2017, and expire on June 1, 2021. The fair value of all warrants was determined to be $2,144 on May 27, 2016, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 120%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 5 years. The following table summarizes all stock warrant activity for the six months ended June 30, 2017: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance outstanding, December 31, 2016 1,025,000 $ 2.32 4.42 Granted 245,000 1.50 2.93 Exercised - - - Cancelled or expired - - - Balance outstanding, June 30, 2017 1,270,000 $ 2.07 3.62 Exercisable, June 30, 2017 - $ - - Options On May 19, 2016, the Company granted to each of its three directors options to purchase (i) 50,000 common shares at a strike price of $2 per share, vesting when the Company achieves and maintains a total average daily production level of 100 barrels of oil equivalent per day (“boe/d”) for at least 30 days, (ii) 50,000 common shares at a strike price of $3 per share, vesting when the Company achieves and maintains a total average daily production level of 200 boe/d for at least 60 days, and (iii) 50,000 common shares at a strike price of $4 per share, vesting when the Company achieves and maintains a total average daily production level of 500 boe/d for at least 90 days. On February 27, 2017, the Company granted to Mr. Christopher Jarvis options to purchase 400,000 common shares at a strike price of $1.99 per share, vesting quarterly over two years commencing with the first quarter following the 90-day probationary period. The fair value of 400,000 options was determined to be $616,055 on February 27, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 129%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 5 years. On February 27, 2017, the Company granted to Mr. Kevin Sylla options to purchase 1,200,000 common shares at a strike price of $1.99 per share, vesting quarterly over the term of three years. The fair value of 1,200,000 options was determined to be $1,986,902 on February 27, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 129%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 7 years. In furtherance of the BDSA, Wilshire assigned FEL to Foothills on its organization in exchange for 4.5 million shares of Foothills, and Foothills thereby acquired control of the Springs Prospect, owned by FEL, consisting of 38,120 contiguous acres. Foothills regards the Springs Prospect as a valuable multiple objective oil resource play in the Greater Green River Basin of Wyoming. Through Wilshire’s assistance, Foothills entered into two agreements with Alternus, whereby Foothills obtained a total of $1,000,000 of financing in the form of convertible notes that upon completion of the Share Exchange were converted, at $0.665 per share, into 1,503,759 shares of the Company’s common stock. In connection with the hiring of Ritchie Lanclos as Executive Vice President of the Company and Vice President of Exploration of FPI, and Eleazar Ovalle as Executive Vice President of the Company and Vice President of Geology and Geophysical of FPI, FPI agreed to pay Wilshire, one of our principal shareholders, pursuant to a Services Agreement entered into by and between FPI and Wilshire, a fee of 25% of the gross annual salary, including all cash and equity compensation, but excluding any bonuses to be received by Mr. Lanclos and Mr. Ovalle. In the event either of Mr. Lanclos or Mr. Ovalle leaves FPI of his own volition or is terminated for cause within 90 days from August 15, 2016 or August 11, 2016, respectively, the commencement day of their employment, Wilshire shall refund FPI 100% of fees received, minus $2,500. Alternus Capital Holdings Limited On December 24, 2015, FPI entered into a convertible promissory note in the amount of $600,000 with Alternus. The two-year note originally matured on December 23, 2017, and accrued interest at 8% per year. By its terms the note was automatically required to convert the outstanding principal and interest due under the terms of the note upon a merger or other combination occurring between FPI and an entity with shares listed for trading, which occurred on May 27, 2016. The conversion price of the note was established at $0.665 per share (the “Conversion Price”), subject to adjustment as described below. On April 5, 2016, and under substantially similar terms described herein, FPI received an additional $400,000 from Alternus. Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes, which, in the event of that full subscription, would convert into not less than 30% of the then outstanding shares of the “public” company. Through May 27, 2016, the date the Share Exchange, Alternus had invested $1,000,000 and based on the Conversion Price was issued 1,503,759 shares of the Company’s common stock in full satisfaction of its two notes. All accrued interest was waived and recorded as additional paid in capital. On December 30, 2016, Foothills, through its indirect wholly owned subsidiary Foothills Exploration Operating, Inc. (“FEOI”), entered into a purchase and sale agreement with Total Belief Limited (see Note 1). As a result of the purchase and sale agreement the Company acquired a $10,600 related party payable due to Equipment Solutions, Inc., which is owned by a director of the Company, Alex Hemb. As of June 30, 2017, the balance was paid off. Berwin Trading Limited Effective January 6, 2017, the Company borrowed $1,250,000 from Berwin Trading Limited, a British Virgin Islands limited liability company. The Company executed a promissory note, titled as a Debenture, with the lender dated as of December 30, 2016, with proceeds being received by the Company on January 6, 2017. This loan is unsecured, bears interest at 9% per year and is due and payable in 120 days from the receipt of funds. If any amount payable is not paid when due, any such overdue amount shall bear interest at the default rate of 11% from the date of such non-payment until such amount is paid in full. The Company used net proceeds of this loan to satisfy certain obligations under a Purchase and Sale Agreement with Total Belief Limited, dated December 30, 2016, for general working capital and to support certain target drilling activities. As of June 30, 2017, the balance of accrued interest was $81,370. During the three months and six months ended June 30, 2017, we recorded interest expense in the amount of $53,322 and $81,370, respectively. On May 5, 2017, the Company and Berwin agreed to extend the maturity date of the debenture to June 20, 2017, in return for an annual interest rate increase from 9% to 13.5% per annum for the life of the debenture. The Company and Berwin have been in discussions to extend the term of this debenture and the Company believes it will either extend or repay the obligation to the satisfaction of Berwin.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 9 – Commitments and Contingencies Management Additions and Changes On March 3, 2017, the Company announced the appointment of Christopher Jarvis and Kevin J. Sylla to its senior management team. Mr. Jarvis is a current Director of Foothills Exploration and FPI and has taken on the full-time role of Executive Vice President of Finance for the Company and Vice President of Risk Management for FPI. Mr. Sylla has been appointed Director and Chief Executive Officer of FPI, which oversees the Company’s oil and gas operations. These appointments reinforce the Company’s team of oil and gas industry professionals. Legal proceedings SCI Welding & Oilfield Service vs. Tiger Energy Operating LLC. (Case Number 169000023, Eighth District Court-Roosevelt Duchesne County, State of Utah) This case concerns the collection of unpaid debt owed by Tiger Energy Operating, LLC (TEO), concerning the workover of wells in Duchesne County, Utah. SCI Welding was granted a judgment in the amount of $67,470 on April 27, 2016. A garnishment was filed by SCI resulting in their collection of $17,063 prior to our acquisition of TEO. Presently, writs of execution have been issued against TEO properties in Duchesne and Uintah Counties, Utah. In addition, the writs seek execution upon various land parcels in Duchesne and Uintah Counties, Utah. As of December 31, 2016, the Company recorded a contingent liability in the amount of $53,407. The Company and SCI Welding recently reached an agreement to settle the matter for $35,000 and the parties are currently working out the settlement agreement details. Graco Fishing & Rental Tools, Inc. vs. Tiger Energy Operating LLC., (Case No. 160800005 Eighth Judicial District Court in and for Duchesne County, State of Utah) This case concerns the collection of unpaid debt owed by TEO for services performed by plaintiff. A default judgment in the amount of $159,965 was obtained on June 1, 2016, against TEO, for unpaid accounts in connection with its workover of wells in Duchesne County, Utah. Graco has filed a writ of execution against the A Rust 2, Dye-Hall 2-21 A1, Wilkins 1-24 A5 and Rust 3-22A-4 wells located in Duchesne County. A Motion to Set Aside a sheriff’s sale concerning these properties was filed based on the fact that TEO is not the owner of these properties. A hearing for this matter was held on May 1, 2017, in Duchesne County, Utah, at which a Company representative was present to comply with the court’s order to produce documents. Prior to the hearing, TEO made an initial settlement offer, which was eventually rejected by the Plaintiffs. The matter remains unresolved as of the filing of this report. As of June 30, 2017, the Company recorded a contingent liability in the amount of $159,965. The Company and Graco are in negotiations to settle this matter but as of the date of this report no firm settlement agreement had yet been reached by the parties.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Note 10 – Subsequent Events Subsequent to the period ended June 30, 2017 and on July 10, 2017, we entered into a Securities Purchase Agreement pursuant to which we sold 25,000 units at a purchase price of $1.00 per unit for an aggregate amount of $25,000. Each unit consisted of one share of the Company’s common stock and one warrant to purchase a share of the Company’s common stock, exercisable for a period of three years from the date of original issuance at an exercise price of $1.50 per share. Subsequent to the period ended June 30, 2017 and on August 9, 2017, Foothills borrowed $1,050,000 from Profit Well Limited, a Hong Kong limited liability company and an unrelated party. The Company executed a Bridge Note with an annual percentage interest rate of 13.5% and a maturity date of September 8, 2017. Proceeds of this Bridge Note were received by the Company on August 10, 2017, and were primarily utilized to repay Full Wealth for the debt owed under the debenture dated June 1, 2017.

Nature of Operations and Summ16

Nature of Operations and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	Business Foothills Exploration, Inc., (“Company”, “Foothills Exploration” or “Foothills”) was incorporated in the State of Delaware on May 13, 2010, under the name of “Key Link Assets Corp.” for the purpose of acquiring a portfolio of heavily discounted real estate properties in the Chicago metropolitan area. The Company changed its focus and planned to acquire small and medium sized grocery stores in non-urban locales that are not directly served by large national supermarket chains. On May 2, 2016, Foothills Petroleum Inc., a Nevada corporation (“FPI”), acquired over 14.1 million pre-split (56.4 million post-split) shares of the Company’s common stock constituting approximately 96% of our then issued and outstanding shares (“FPI Acquired Shares”). As of May 16, 2016, we effected a 4:1 forward split of our shares of common stock. On May 27, 2016, the Company entered into a Share Exchange Agreement with shareholders of FPI whereby we acquired all of the outstanding shares of FPI in exchange for 4,500,000 shares of our common stock and also issued 1,503,759 shares of our common stock on automatic conversion of debt (please see discussion below under Overview) for an aggregate of 6,003,759 shares of our common stock (the “Share Exchange”). As a result of the Share Exchange, FPI became our wholly owned subsidiary and the FPI Acquired Shares were returned to treasury and deemed cancelled. For accounting purposes, this transaction is being accounted for as a reverse acquisition and has been treated as a recapitalization of the Company with FPI considered the accounting acquirer, and the financial statements of the accounting acquirer became the financial statements of the registrant. The completion of the Share Exchange resulted in a change of control. The FPI Shareholders obtained approximately 96% of voting control on the date of Share Exchange. FPI was the acquirer for financial reporting purposes and the Company was the acquired company. The condensed consolidated financial statements after the acquisition include the balance sheets of both companies at historical cost, the historical results of FPI and the results of the Company from the acquisition date. All share and per share information in the accompanying condensed consolidated financial statements and footnotes have been retroactively restated to reflect the recapitalization. Prior to the Share Exchange, the Company had minimal assets and recognized no revenues from operations, and were accordingly classified as a shell company. On June 24, 2016, the Company filed an amendment to our Current Report on Form 8-K originally filed on June 10, 2016, indicating that we were no longer a shell company as defined by Rule 12b-2 of the Exchange Act. In light of closing the Share Exchange transaction with the shareholders of FPI, the Company became actively engaged in oil and gas operations through its wholly owned subsidiary. On December 12, 2016, the Company entered into a participation agreement with Magna Operating, LLC, a privately held Houston-based independent exploration and production company (“Magna Operating”), in relation to the Labokay prospect, covering approximately 240 acres in Calcasieu Parish, Louisiana. As consideration for an assignment of interest in and to the leases and the prospect, Foothills Petroleum Operating, Inc., a Nevada corporation and indirect wholly-owned subsidiary of the Company (“FPOI”), tendered to Magna Operating the purchase price in the amount of $144,000. This amount covered FPOI’s share of the land, lease, and administrative costs that Magna Operating incurred in generating and assembling the Labokay prospect as of November 15, 2016. As further consideration for an assignment of working interest in and to the leases, FPOI agreed to participate in the cost, risk, and expense of drilling the Labokay test well. The well was plugged and abandoned in February 2017. On December 30, 2016, the Company acquired various oil and gas assets in Utah from Total Belief Limited, a wholly owned subsidiary of New Times Energy Corporation Limited. These assets included certain oil and gas wells throughout the Uinta Basin in Utah on acreage with over 30 proven undeveloped drilling locations, additional non-operating interest in other leases, and access to approximately 6,000 acres in the Uinta Basin with proven and probable reserves and existing infrastructure in place. Through the acquisition, Foothills also obtained six shut-in wells in the Natural Buttes Field, Utah. The transaction provides Foothills with the rights to an agreement to acquire up to 6,000+ acres and up to 16 shut-in oil and gas wells with proved and proved undeveloped reserves on Tribal lands in the Uinta Basin. This acquisition delivers to the Company an additional 40% working interest in the Ladysmith Prospect covering 3,060 acres in the Greater Green River Basin, Wyoming, bringing the Company’s total working interest in the prospect from 35% (pre-acquisition) up to 75%. By this agreement, the Company acquired 13,166,667 shares, constituting 55.63% of the outstanding shares of Grey Hawk Exploration, Inc. (“Grey Hawk”), a British Columbia, Canada company. Grey Hawk owns a non-operated working interest in two non-producing wells in the southern portion of the Natural Buttes Field. On December 30, 2016, the Company also acquired the remaining 25% membership interest in Tiger Energy Partners International, LLC (“TEPI”) from Green Stone Capital Partners Limited, a Cayman Islands limited liability company, in exchange for assumption of Greenstone’s proportionate share of TEPI obligations and liabilities.
Nature of Operations	Nature of Operations FPI, the Company’s main operating subsidiary, was incorporated in Nevada in December 2015. Foothills is an independent oil and gas exploration company with a focus on the acquisition and development of oil and gas properties in the Rockies and Gulf Coast. Foothills seeks to acquire dislocated and underdeveloped oil and gas assets and maximize those assets to create shareholder value (the “Business”). The Company’s principal obligations include: ● A debenture in the amount of $1,250,000, plus interest accruing at a rate of 9% per annum issued to Berwin Trading Limited (“Berwin”) with principal and interest due upon maturity on May 6, 2017. On May 5, 2017, the Company and Berwin agreed to extend the maturity date of the debenture to June 20, 2017, in return for an annual interest rate increase from 9% to 13.5% per annum for the life of the debenture. The Company and Berwin have been in discussions to extend the term of this debenture and the Company believes it will either extend or repay the obligation to the satisfaction of Berwin. ● A second debenture in the amount of $1,000,000, plus interest accruing at a rate of 9% issued to Full Wealth Investment Hong Kong Limited (“Full Wealth”) with principal and interest due upon maturity on or before May 5, 2017. On May 18, 2017, Full Wealth sold this note to Gold Class Limited, with accrued interest increased from 9% to 13.5% per annum for the life of the debenture. On June 1, 2017, Full Wealth acquired this note back from Gold Class and the Company issued a new debenture with a 60-day term and 10% interest per annum to Full Wealth. Subsequent to the period ended June 30, 2017 on August 9, 2017, a bridge note was issued to Profit Well Limited, a Hong Kong limited liability company, in the principal amount of $1,050,000, bearing an annual interest rate of 13.5%, maturing September 8, 2017 (the “Bridge Note”). Proceeds of this Bridge Note are intended to be used to retire the debenture issued to Full Wealth. Full Wealth has acknowledged that the Company’s obligations under the Debenture dated June 1, 2017 will not be in default if paid in full by the proceeds of the Bridge Note. ● A promissory note in the amount of $6,000,000 to Total Belief Limited (“TBL”), a direct wholly-owned subsidiary of New Times Energy Corporation Limited, in connection with the assets acquired on December 30, 2016, with a maturity date of June 30, 2018. This promissory note accrues no interest during its term and is due and payable in full on or before its maturity date. From its inception in December 2015 through the period ended June 30, 2017, Foothills produced limited revenues from its business and principal properties and is currently an exploration stage company. Prior to January 2017, Foothills had minimal operations that were focused mainly on administrative activities connected to the identification and evaluation of potential oil and gas prospects and other potential leasehold acquisitions in our geographical areas of interest. As of June 30, 2017, Foothills had rights to 45,648 acres of oil and gas property in the state of Wyoming, excluding 6,115 acres of the Ironwood prospect that are subject to drilling a well in 2017.
Going Concern	Going Concern The Company’s condensed consolidated financial statements included elsewhere in this Quarterly Report have been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the condensed consolidated financial statements, the Company had an accumulated deficit of $5,391,871 at June 30, 2017, and incurred a net loss of $3,417,277, and utilized net cash of $1,614,695 in operating activities for the six-month period then ended. These factors raise substantial doubt about its ability to continue as a going concern. The condensed consolidated financial statements included elsewhere herein do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
Use of Estimate and Assumptions	Use of Estimate and Assumptions The preparation of financial statements in conformity with 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(s) of the financial statements and the reported amounts of revenues and expenses during the reporting period(s). Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Significant estimates include those related to assumptions used in impairment testing of long term assets, accruals for potential liabilities and valuing equity instruments issued for services. Actual results could differ from those estimates.
Restricted Cash	Restricted Cash Cash and cash equivalents that are restricted as to withdrawal or use under the terms of certain contractual agreements are recorded in restricted cash in the non-current assets section of our condensed consolidated balance sheet. As of June 30, 2017 and December 31, 2016, the Company had restricted cash of $240,000 and $240,000, respectively; this amount is being held in escrow for the benefit of the State of Utah for certain properties located in Utah.
Oil and Gas Properties	Oil and Gas Properties The Company follows the full cost method of accounting for its investments in oil and gas properties. Under the full cost method, all costs associated with the exploration of properties are capitalized into appropriate cost centers within the full cost pool. Internal costs that are capitalized are limited to those costs that can be directly identified with acquisition, exploration, and development activities undertaken and do not include any costs related to production, general corporate overhead, or similar activities. Cost centers are established on a country-by-country basis. Capitalized costs within the cost centers are amortized on the unit-of-production basis using proved oil and gas reserves. The cost of investments in unevaluated properties and major development projects are excluded from capitalized costs to be amortized until it is determined whether or not proved reserves can be assigned to the properties. Until such a determination is made, the properties are assessed annually to ascertain whether impairment has occurred. The costs of drilling exploratory dry holes are included in the amortization base immediately upon determination that the well is dry. For each cost center, capitalized costs are subject to an annual ceiling test, in which the costs shall not exceed the cost center ceiling. The cost center ceiling is equal to: (i) the present value of estimated future net revenues computed by applying current prices of oil and gas reserves (with consideration of price changes only to the extent provided by contractual arrangements) to estimated future production of proved oil and gas reserves as of the date of the latest balance sheet presented, less estimated future expenditures (based on current costs) to be incurred in developing and producing the proved reserves computed using a discount factor of ten percent and assuming continuation of existing economic conditions; plus (ii) the cost of properties not being amortized; plus (iii) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; and less (iv) income tax effects related to differences between the book and tax basis of the properties. If unamortized costs capitalized within a cost center, less related deferred income taxes, exceed the cost center ceiling, the excess is charged to expense and separately disclosed during the period in which the excess occurs. As of June 30, 2017, the Company determined that no impairment was required for the period then ended based on the guidance in Regulation S-X, Rule 4-10; SAB Topic 12.D; and FRC Section 406.01.c.
Capitalization of Fixed Assets	Capitalization of Fixed Assets The Company capitalizes expenditures related to property and equipment, subject to a minimum rule, that have a useful life greater than one year for: (1) assets purchased; (2) existing assets that are replaced, improved or the useful lives have been extended; or (3) all land, regardless of cost, acquisitions of new assets, additions, replacements and improvements (other than land) costing less than the minimum rule in addition to maintenance and repair costs, including any planned major maintenance activities, are expensed as incurred. Office equipment – 3 years Vehicle(s) – 5 years Drilling and production equipment – 7 years Oil and gas properties – 20 years
Asset Retirement Obligations	Asset Retirement Obligations The asset retirement obligation relates to the plug and abandonment costs when its wells are no longer useful. The Company determines the value of the liability by obtaining quotes for this service and then estimating the increase it will face in the future. The Company then discounts the future value based on an intrinsic interest rate that is appropriate. If costs rise more than what was expected there could be additional future charges, however, Foothills monitors the costs of the abandoned wells and intends to adjust this liability as required.
Fair Value of Financial Instruments	Fair Value of Financial Instruments For certain of the Company’s financial instruments, including cash and equivalents, restricted cash, accounts receivable, accounts payable, accrued liabilities and short-term debt, the carrying amounts approximate their fair values due to their short maturities. ASC Topic 820, “Fair Value Measurements and Disclosures,” requires disclosure of the fair value of financial instruments held by the Company. ASC Topic 825, “Financial Instruments,” defines fair value, and establishes a three-level valuation hierarchy for disclosures of fair value measurement that enhances disclosure requirements for fair value measures. The carrying amounts reported in the condensed consolidated balance sheets for receivables and current liabilities each qualify as financial instruments and are a reasonable estimate of their fair values because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. The three levels of valuation hierarchy are defined as follows: ● Level 1, defined as observable inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. ● Level 2, defined as inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. ● Level 3 defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity,” and ASC 815. As of June 30, 2017, the Company did not identify any assets and liabilities that are required to be presented on the balance sheet at fair value.
Net Earnings (Loss) Per Common Share	Net Earnings (Loss) Per Common Share The Company computes earnings per share under ASC 260-10, “Earnings Per Share.” Basic earnings (loss) per share is computed by dividing the net income (loss) attributable to the common stockholders (the numerator) by the weighted average number of shares of common stock outstanding (the denominator) during the reporting periods. Diluted loss per share is computed by increasing the denominator by the weighted average number of additional shares that could have been outstanding from securities convertible into common stock (using the “treasury stock” method), unless their effect on net loss per share is anti-dilutive. There were 225,000 potentially dilutive shares, which include outstanding warrants, for the period ended June 30, 2017. The potential shares are excluded from the determination of basic and diluted net loss per share as their effect is anti-dilutive.
Stock-Based Compensation	Stock-Based Compensation All share-based payments, including grants of stock to employees, directors and consultants, are recognized in the condensed consolidated financial statements based upon their estimated fair values. The Company’s accounting policy for equity instruments issued to consultants and vendors in exchange for goods and services follows ASC Topic 505. As such, the value of the applicable stock-based compensation is periodically re-measured and income or expense is recognized during their vesting terms. The measurement date for the fair value of the equity instruments issued is determined at the earlier of (i) the date at which a commitment for performance by the consultant or vendor is reached or (ii) the date at which the consultant or vendor’s performance is complete. In the case of equity instruments issued to consultants, the fair value of the equity instrument is primarily recognized over the term of the consulting agreement. In accordance with FASB guidance, an asset acquired in exchange for the issuance of fully vested, non-forfeitable equity instruments should not be presented or classified as an offset to equity on the grantor’s balance sheet once the equity instrument is granted for accounting purposes.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases In March 2016, the FASB issued Accounting Standards Update No. 2016-09, Improvements to Employee Share-Based Payment Accounting In January 2017, the FASB issued Accounting Standards Update No. 2017-01, Clarifying the Definition of a Business In January 2017, the FASB issued Accounting Standards Update No. 2017-04, Simplifying the Test for Goodwill Impairment Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future condensed consolidated financial statements.

Fixed Assets (Tables)

Fixed Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Schedule of Fixed Assets	As of June 30, 2017, and December 31, 2016, fixed assets consisted of the following: June 30, 2017 December 31, 2016 (unaudited) Computer equipment and fixtures $ 22,453 $ 22,453 Vehicle 69,446 69,446 Drilling Equipment 265,578 265,578 Accumulated depreciation (33,619 ) (4,114 ) Fixed assets, net $ 323,858 $ 353,363

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	6 Months Ended
	Jun. 30, 2017
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Changes in Asset Retirement Obligation	The following shows the changes in asset retirement obligations: Asset retirement obligations, January 1, 2017 $ - Liabilities incurred during the period 291,659 Release of liabilities associated with the sale of oil properties - Liabilities settled during the year - Accretion 5,834 Asset retirement obligations, June 30, 2017 $ 297,493

Common Stock (Tables)

Common Stock (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Schedule of Stock Warrant Activity	The following table summarizes all stock warrant activity for the six months ended June 30, 2017: Number of Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance outstanding, December 31, 2016 1,025,000 $ 2.32 4.42 Granted 245,000 1.50 2.93 Exercised - - - Cancelled or expired - - - Balance outstanding, June 30, 2017 1,270,000 $ 2.07 3.62 Exercisable, June 30, 2017 - $ - -

Nature of Operations and Summ20

Nature of Operations and Summary of Significant Accounting Policies (Details Narrative)	Aug. 09, 2017USD ($)	Jun. 30, 2017USD ($)ashares	Dec. 30, 2016USD ($)aIntegershares	May 27, 2016shares	May 16, 2016	Dec. 24, 2015shares	Jun. 30, 2017USD ($)a	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)ashares	Jun. 30, 2016USD ($)	Jun. 02, 2017	May 18, 2017	May 10, 2017	May 04, 2017	Dec. 31, 2016USD ($)	Dec. 12, 2016USD ($)a	May 02, 2016shares
Forward stock split ratio					4:1 forward split of our shares of common stock.
Oil and gas properties		$ 11,552,801					$ 11,552,801		$ 11,552,801						$ 11,198,411
Debt interest rate													10.00%
Accumulated loss		5,391,871					5,391,871		5,391,871						1,974,594
Net Loss							(1,257,778)	$ (667,421)	(3,417,277)	$ (888,138)
Net cash used in operating activities									(1,614,695)	$ (654,607)
Restricted cash		$ 240,000					240,000		$ 240,000						240,000
Number of anti-dilutive shares | shares									225,000
Office Equipment [Member]
Useful life									3 years
Vehicles [Member]
Useful life									5 years
Drilling and Production Equipment [Member]
Useful life									7 years
Oil and Gas Properties [Member]
Useful life									20 years
Total Belief Limited [Member] | Promissory Note Due June 30, 2018 [Member]
Debt principal amount			$ 6,000,000												$ 6,000,000
Debt instrument, maturity date			Jun. 30, 2018
Debt interest rate			4.00%
Total Belief Limited [Member] | UTAH (Uinta Basin) [Member]
Area of oil and gas property | a			6,000
Number of proven undeveloped drilling locations | Integer			30
Maximum area of oil and gas property acquired | a			6,000
Maximum number of shut-in oil and gas wells | Integer			16
Percentage of ownership interest acquired			40.00%
Wilshire Energy Partners, LLC [Member]
Percentage of voting interest acquired by parent						100.00%
Number of shares issued upon acquisition | shares		4,500,000		4,500,000		4,500,000
Oil and gas properties		$ 72,430					72,430		$ 72,430
Wilshire Energy Partners, LLC [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition | shares				4,500,000
Alternus Capital Holdings Ltd. [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition | shares				1,503,759
Berwin Trading Limited [Member] | Minimum [Member]
Debt interest rate														9.00%
Berwin Trading Limited [Member] | Maximum [Member]
Debt interest rate														13.50%
Berwin Trading Limited [Member] | 9% Unsecured Debenture [Member]
Debt principal amount		$ 1,250,000					$ 1,250,000		$ 1,250,000
Debt instrument, maturity date									May 6, 2017
Berwin Trading Limited [Member] | 9% Unsecured Debenture One [Member]
Debt instrument, maturity date									Jun. 20, 2017
Berwin Trading Limited [Member] | 9% Unsecured Debenture One [Member] | Minimum [Member]
Debt interest rate		9.00%					9.00%		9.00%
Berwin Trading Limited [Member] | 9% Unsecured Debenture One [Member] | Maximum [Member]
Debt interest rate		13.50%					13.50%		13.50%
Full Wealth Investment Hong Kong Limited [Member]
Debt interest rate											10.00%
Full Wealth Investment Hong Kong Limited [Member] | Minimum [Member]
Debt interest rate												9.00%
Full Wealth Investment Hong Kong Limited [Member] | Maximum [Member]
Debt interest rate												13.50%
Full Wealth Investment Hong Kong Limited [Member] | 9% Unsecured Debenture [Member]
Percentage of remaining ownership interest acquired		10.00%					10.00%		10.00%
Debt principal amount		$ 1,000,000					$ 1,000,000		$ 1,000,000
Debt instrument, maturity date									May 6, 2017
Full Wealth Investment Hong Kong Limited [Member] | 9% Unsecured Debenture [Member] | Minimum [Member]
Debt interest rate		9.00%					9.00%		9.00%
Full Wealth Investment Hong Kong Limited [Member] | 9% Unsecured Debenture [Member] | Maximum [Member]
Debt interest rate		13.50%					13.50%		13.50%
Profit Well Limited, Hong Kong Limited [Member]
Debt instrument, maturity date	Sep. 8, 2017
Debt interest rate	13.50%
Profit Well Limited, Hong Kong Limited [Member] | 9% Unsecured Debenture [Member]
Debt principal amount	$ 1,050,000
Debt instrument, maturity date	Sep. 8, 2017
Debt interest rate	13.50%
Profit Well Limited, Hong Kong Limited [Member] | 9% Unsecured Debenture One [Member]
Debt instrument, maturity date	Jun. 1, 2017
Foothills [Member] | Wyoming [Member]
Area of oil and gas property | a		45,648					45,648		45,648
Foothills [Member] | Ironwood [Member]
Area of oil and gas property | a		6,115					6,115		6,115
Foothills Petroleum Inc [Member]
Number of acquired shares pre-split | shares																	14,112,250
Number of acquired shares post-split | shares																	56,449,000
Percentage of voting interest acquired by parent																	96.00%
Foothills Petroleum Inc [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition | shares				6,003,759
Foothills Petroleum Inc [Member] | Magna Operating, LLC [Member] | Participation Agreement [Member]
Area of oil and gas property | a																240
Oil and gas properties																$ 144,000
TigerEnergyPartnerInternationalLLCMember | Total Belief Limited [Member]
Area of oil and gas property | a			3,060
Percentage of ownership interest acquired			75.00%
Maximum per- acquisition percent			35.00%
Grey Hawk Exploration, Inc [Member] | Total Belief Limited [Member]
Number of shares issued upon acquisition | shares			13,166,667
Percentage of ownership interest acquired			55.63%
Green Stone Capital Partners Limited [Member] | Tiger Energy Partners International, LLC [Member]
Percentage of remaining ownership interest acquired			25.00%

Fixed Assets (Details Narrative

Fixed Assets (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 14,782	$ 0	$ 29,505	$ 0

Fixed Assets - Schedule of Fixe

Fixed Assets - Schedule of Fixed Assets (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Accumulated depreciation	$ (33,619)	$ (4,114)
Fixed assets, net	323,858	353,363
Computer Equipment And Fixtures [Member]
Fixed assets, gross	22,453	22,453
Vehicles [Member]
Fixed assets, gross	69,446	69,446
Drilling and Production Equipment [Member]
Fixed assets, gross	$ 265,578	$ 265,578

Oil and Gas Properties (Details

Oil and Gas Properties (Details Narrative)	Jun. 30, 2017USD ($)$ / sharesshares	Dec. 30, 2016USD ($)aIntegershares	Jun. 30, 2016USD ($)shares	May 27, 2016USD ($)$ / sharesshares	Apr. 05, 2016USD ($)	Dec. 24, 2015USD ($)a$ / sharesshares	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)	May 10, 2017	Dec. 31, 2016USD ($)	Dec. 12, 2016USD ($)a	May 02, 2016	Mar. 29, 2016USD ($)a	Dec. 18, 2015
Oil and gas properties	$ 11,552,801						$ 11,552,801		$ 11,552,801			$ 11,198,411
Procceds from common stock									210,000
Additional capitalized cost of asset							651		12,169
Impairment of oil and gas property							10,465		1,283,218
Debt discount amount							57,134		114,268
Debt interest rate											10.00%
Capitalized costs, oil and gas properties							1,696,045		33,243	$ 33,243
Foothills Petroleum Inc [Member]
Percentage of ownership interest														96.00%
Ladysmith Anticline [Member]
Oil and gas properties															$ 20,000
Percentage of ownership interest acquired															35.00%
Area of oil and gas property | a															3,061
Greater Green River Basin [Member]
Percentage of ownership interest acquired															40.00%
Area of oil and gas property | a															3,061
Total Belief Limited [Member] | UTAH (Uinta Basin) [Member]
Percentage of ownership interest acquired		40.00%
Area of oil and gas property | a		6,000
Number of proven undeveloped drilling locations | Integer		30
Maximum area of oil and gas property acquired | a		6,000
Maximum number of shut-in oil and gas wells | Integer		16
Total Belief Limited [Member] | TigerEnergyPartnerInternationalLLCMember
Percentage of ownership interest acquired		75.00%
Area of oil and gas property | a		3,060
Maximum per- acquisition percent		35.00%
Total Belief Limited [Member] | Grey Hawk Exploration, Inc [Member]
Number of shares issued upon acquisition | shares		13,166,667
Percentage of ownership interest acquired		55.63%
Tiger Energy Partners International, LLC [Member] | Green Stone Capital Partners Limited [Member]
Percentage of remaining ownership interest acquired		25.00%
Promissory Note Due June 30, 2018 [Member] | Total Belief Limited [Member]
Debt principal amount		$ 6,000,000										$ 6,000,000
Debt instrument term		1 year 6 months
Debt maturity date		Jun. 30, 2018
Debt discount amount		$ 342,804
Debt interest rate		4.00%
Wilshire Energy Partners, LLC [Member]
Percentage of ownership interest						100.00%
Number of shares issued upon acquisition | shares	4,500,000			4,500,000		4,500,000
Area of land | a						38,120
Oil and gas properties	$ 72,430						$ 72,430		$ 72,430
Debt conversion price | $ / shares	$ 0.665						$ 0.665		$ 0.665
Original debt converted amount	$ 1,000,000
Number of shares issued upon conversion | shares	1,503,759
Wilshire Energy Partners, LLC [Member] | Business Development Services Agreement [Member]
Percentage of ownership interest																100.00%
Number of shares issued upon acquisition | shares	4,500,000
Alternus Capital Holdings Ltd. [Member] | Convertible Notes Payable One [Member]
Debt principal amount					$ 400,000	$ 600,000
Debt instrument term						2 years
Debt conversion price | $ / shares						$ 0.665
Alternus Capital Holdings Ltd. [Member] | 8% Convertible Promissory Note Due On December 23, 2017 [Member]
Debt conversion price | $ / shares				$ 0.665
Description of agreement					Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes which, in the event of that full subscription would convert into not less than 30% of the outstanding shares of Public.
Original debt converted amount				$ 1,000,000
Number of shares issued upon conversion | shares				1,503,759
Berwin Trading Limited [Member] | Securities Purchase Agreement [Member]
Description of agreement									Trading Limited its right to purchase the remaining $2,500,000 in equity in the Company at substantially the same terms as the conversion of the convertible note purchase agreement.
Procceds from common stock			$ 2,000,000
Number of shares issued | shares			3,007,519
Magna Operating, LLC [Member] | Participation Agreement [Member] | Foothills Petroleum Inc [Member]
Oil and gas properties													$ 144,000
Area of oil and gas property | a													240

Asset Retirement Obligation (De

Asset Retirement Obligation (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Asset Retirement Obligation Disclosure [Abstract]
Depletion expense	$ 3,646	$ 7,292

Asset Retirement Obligation - S

Asset Retirement Obligation - Schedule of Changes in Asset Retirement Obligation (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligations, January 1, 2017
Liabilities incurred during the period	291,659
Release of liabilities associated with the sale of oil properties
Liabilities settled during the year
Accretion	5,834
Asset retirement obligations, June 30, 2017	$ 297,493

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Aug. 09, 2017	Dec. 30, 2016	Jun. 02, 2017	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	May 18, 2017	May 10, 2017	Jan. 05, 2017	Dec. 31, 2016
Debt discount amount				$ 57,134	$ 114,268
Debt interest rate								10.00%
Loan bear interest rate									9.00%
Debt default rate									11.00%
Accrued interest				48,224	48,224
Interest expense				25,507	47,945
Borrowing from unrelated party								$ 50,000
Full Wealth Investment Hong Kong Limited [Member]
Debt interest rate			10.00%
Debt instrument term			2 months
Accrued interest				$ 47,945	$ 47,945
Full Wealth Investment Hong Kong Limited [Member] | Minimum [Member]
Debt interest rate							9.00%
Full Wealth Investment Hong Kong Limited [Member] | Maximum [Member]
Debt interest rate							13.50%
Profit Well Limited, Hong Kong Limited [Member]
Maturity date	Sep. 8, 2017
Debt interest rate	13.50%
Borrowing from unrelated party	$ 1,050,000
9% Unsecured Debenture Due April 30, 2017 [Member] | Full Wealth Investment Hong Kong Limited [Member]
Debt principal amount									$ 1,000,000
Total Belief Limited [Member] | Promissory Note Due June 30, 2018 [Member]
Debt principal amount		$ 6,000,000								$ 6,000,000
Maturity date		Jun. 30, 2018
Debt discount amount		$ 342,804
Debt interest rate		4.00%
Debt instrument term		1 year 6 months

Debenture, Related Party (Detai

Debenture, Related Party (Details Narrative) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	May 10, 2017	May 04, 2017	Jan. 05, 2017	Dec. 31, 2016
Borrowed amount			$ 50,000
Loan bear interest rate					9.00%
Debt default rate					11.00%
Debt interest rate			10.00%
Accrued interest	$ 48,224	$ 48,224
Interest expense	25,507	47,945
Berwin Trading Limited [Member]
Borrowed amount					$ 1,250,000
Accrued interest	81,370	81,370
Interest expense	$ 53,322	$ 81,370
Berwin Trading Limited [Member] | Minimum [Member]
Debt interest rate				9.00%
Berwin Trading Limited [Member] | Maximum [Member]
Debt interest rate				13.50%

Convertible Note Payable (Detai

Convertible Note Payable (Details Narrative)	May 10, 2017USD ($)
Borrowing from unrelated party	$ 50,000
Interest rate	10.00%
Private Placement [Member]
Common stock selling price percentage	100.00%

Common Stock (Details Narrative

Common Stock (Details Narrative)	Jun. 30, 2017USD ($)$ / sharesshares	May 31, 2017USD ($)$ / sharesshares	Feb. 27, 2017USD ($)$ / sharesshares	Aug. 18, 2016$ / sharesshares	Aug. 15, 2016$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	May 27, 2016USD ($)$ / sharesshares	May 19, 2016$ / sharesshares	May 16, 2016	May 02, 2016USD ($)shares	Apr. 05, 2016USD ($)	Apr. 02, 2016shares	Dec. 24, 2015USD ($)a$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Dec. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / shares	May 10, 2017	May 05, 2017	May 04, 2017	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 18, 2015
Number of shares granted																	275,000
Number of shares granted, value | $																	$ 453,500
Forward stock split ratio									4:1 forward split of our shares of common stock.
Procceds from common stock | $																	$ 210,000
Common stock, par value | $ / shares	$ 0.0001													$ 0.0001		$ 0.0001	$ 0.0001					$ 0.0001
Common stock subscription receivable | $	$ 35,000													$ 35,000		$ 35,000	$ 35,000
Common stock, shares outstanding	14,459,612													14,459,612		14,459,612	14,459,612					13,779,612
Number of shares granted																	1,600,000
Strike price | $ / shares																	$ 1.99
Related party payable | $																						$ 10,600
Interest rate																			10.00%
Accrued interest | $	$ 81,370													$ 81,370		81,370	81,370
Interest expense | $																$ 25,507	$ 47,945
Warrants [Member]
Number of warrants to purchase	1,270,000													1,270,000		1,270,000	1,270,000					1,025,000
Warrant exercisable price | $ / shares	$ 2.07													$ 2.07		$ 2.07	$ 2.07					$ 2.32
Fair value | $							$ 2,144
Volatility rate							120.00%
Discount rate							0.00%
Expected dividend yield | $ / shares							$ 0
Expected life							5 years
Foothills Petroleum Inc [Member]
Number of acquired shares pre-split										14,112,250
Percentage of voting interest acquired by parent										96.00%
Number of acquired shares pre-split, value | $										$ 316,035
Number of acquired shares post-split										56,449,000
Number of shares retained after post-split										2,360,000
Foothills Petroleum Inc [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition							6,003,759
Wilshire Energy Partners, LLC [Member] | Warrants One [Member]
Number of warrants to purchase							100,000
Warrant exercisable price | $ / shares							$ 1.25
Wilshire Energy Partners, LLC [Member] | Warrants Two [Member]
Number of warrants to purchase							200,000
Warrant exercisable price | $ / shares							$ 2
Wilshire Energy Partners, LLC [Member] | Warrants Three [Member]
Number of warrants to purchase							400,000
Warrant exercisable price | $ / shares							$ 3
Unrelated Party [Member] | Warrants [Member]
Warrant expiration date							Jun. 1, 2021
Unrelated Party [Member] | Warrants One [Member]
Number of warrants to purchase							125,000
Warrant exercisable price | $ / shares							$ 1.25
Unrelated Party [Member] | Warrants Two [Member]
Number of warrants to purchase							100,000
Warrant exercisable price | $ / shares							$ 2
Unrelated Party [Member] | Warrants Third [Member]
Number of warrants to purchase							100,000
Warrant exercisable price | $ / shares							$ 3
Equipment Solutions, Inc [Member] | Purchase and Sale Agreement [Member]
Related party payable | $	$ 10,600													$ 10,600		$ 10,600	$ 10,600
Berwin Trading Limited [Member]
Loan amount | $	$ 1,250,000													$ 1,250,000		$ 1,250,000	$ 1,250,000
Interest rate	11.00%													11.00%		11.00%	11.00%
Accrued interest | $	$ 28,048													$ 28,048		$ 28,048	$ 28,048
Interest expense | $																$ 53,322	$ 81,370
Debt instrument, maturity date																	Jun. 20, 2017
Berwin Trading Limited [Member] | Minimum [Member]
Interest rate																				9.00%
Berwin Trading Limited [Member] | Maximum [Member]
Interest rate																				13.50%
Berwin Trading Limited [Member] | Unsecured Debt [Member]
Interest rate	9.00%													9.00%		9.00%	9.00%
Director One [Member]
Number of shares granted												125,000					125,000
Description of vesting period												(i) 40% vesting ninety (90) days from the appointment date; (ii) 20% vesting one hundred eighty (180) days from the appointment date; (iii) 20% vesting two hundred seventy (270) days following the appointment date; (iv) 20% vesting three hundred sixty (360) days following the Effective Date.
Number of shares issued																	250,000
Procceds from common stock | $																	$ 2,500
Director One [Member] | First Option [Member]
Description of vesting period								vesting when the Company achieves and maintains a total average daily production level of 100 barrels of oil equivalent per day (“boe/d”) for at least 30 days.
Number of shares granted								50,000
Strike price | $ / shares								$ 2
Mr. B.P. Allaire [Member]
Number of shares granted										150,000
Number of shares issued																	150,000
Procceds from common stock | $																	$ 1,500
Wilshire Energy Partners, LLC [Member]
Number of shares issued upon acquisition	4,500,000						4,500,000						4,500,000
Debt conversion price (in dollars per share) | $ / shares	$ 0.665													$ 0.665		$ 0.665	$ 0.665
Number of shares issued upon conversion	1,503,759
Percentage of voting interest acquired by parent													100.00%
Strike price | $ / shares	$ 38,120
Area of land | a													38,120
Original debt converted amount | $	$ 1,000,000
Wilshire Energy Partners, LLC [Member] | Services Agreement [Member]
Description of agreement	In the event either of Mr. Lanclos or Mr. Ovalle leaves FPI of his own volition or is terminated for cause within 90 days from August 15, 2016 or August 11, 2016, respectively, the commencement day of their employment, Wilshire shall refund FPI 100% of fees received, minus $2,500.
Wilshire Energy Partners, LLC [Member] | Warrants [Member]
Number of warrants to purchase							700,000
Warrant term							5 years
Warrant minimum exercisable term							1 year
Warrant expiration date							Jun. 1, 2021
Wilshire Energy Partners, LLC [Member] | Warrants One [Member]
Number of warrants to purchase							100,000
Warrant exercisable price | $ / shares							$ 1.25
Wilshire Energy Partners, LLC [Member] | Warrants Two [Member]
Number of warrants to purchase							200,000
Warrant exercisable price | $ / shares							$ 2
Wilshire Energy Partners, LLC [Member] | Warrants Third [Member]
Number of warrants to purchase							400,000
Warrant exercisable price | $ / shares							$ 3
Wilshire Energy Partners, LLC [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition							4,500,000
Wilshire Energy Partners, LLC [Member] | Business Development Services Agreement [Member]
Number of shares issued upon acquisition	4,500,000
Percentage of voting interest acquired by parent																							100.00%
Alternus Capital Holdings Ltd. [Member] | 8% Convertible Promissory Note [Member]
Debt principal amount | $													$ 600,000
Description of debt maturity													The two-year note matures on December 23, 2017
Debt conversion price (in dollars per share) | $ / shares													$ 0.665
Debt instrument, maturity date													Dec. 23, 2017
Alternus Capital Holdings Ltd. [Member] | 8% Convertible Promissory Note Due On December 23, 2017 [Member]
Debt conversion price (in dollars per share) | $ / shares							$ 0.665
Number of shares issued upon conversion							1,503,759
Original debt converted amount | $							$ 1,000,000
Description of agreement											Under the agreements between Alternus and Foothills, Alternus had the right but not the obligation to subscribe for an aggregate of up to $3,500,000 of convertible notes which, in the event of that full subscription would convert into not less than 30% of the outstanding shares of Public.
Alternus Capital Holdings Ltd. [Member] | Convertible Notes Payable One [Member]
Debt principal amount | $											$ 400,000		$ 600,000
Debt conversion price (in dollars per share) | $ / shares													$ 0.665
Alternus Capital Holdings Ltd. [Member] | Share Exchange Agreement [Member]
Number of shares issued upon acquisition							1,503,759
Berwin Trading Limited [Member]
Interest expense | $																$ 53,322	$ 81,370
Berwin Trading Limited [Member] | Minimum [Member]
Interest rate																					9.00%
Berwin Trading Limited [Member] | Maximum [Member]
Interest rate																					13.50%
Berwin Trading Limited [Member] | Securities Purchase Agreement [Member]
Number of shares issued						3,007,519
Procceds from common stock | $						$ 2,000,000
Purchase price | $ / shares						$ 0.665												$ 0.665
Common stock, par value | $ / shares						$ 0.0001												$ 0.0001
Description of agreement																	Trading Limited its right to purchase the remaining $2,500,000 in equity in the Company at substantially the same terms as the conversion of the convertible note purchase agreement.
Total Belief Limited [Member]
Number of shares issued															2,083,334
Procceds from common stock | $															$ 3,812,500
Purchase price | $ / shares															$ 1.83
Two Investors [Member] | Securities Purchase Agreement [Member]
Warrant exercisable price | $ / shares	$ 1.50	$ 1.50												$ 1.50		$ 1.50	$ 1.50
Warrant minimum exercisable term		3 years												3 years
Number of shares issued		200,000												45,000
Procceds from common stock | $		$ 200,000												$ 45,000
Purchase price | $ / shares	$ 1	$ 1												$ 1		$ 1	$ 1
Mr. Ritchie Lanclos [Member] | Restricted Stock Units (RSUs) [Member]
Number of shares issued					100,000												40,000
Purchase price | $ / shares					$ 0.665
Number of shares vested																	20,000
Number of shares vested, value | $																	$ 26,800
Restricted stock unit value | $																	$ 59,290
Mr. Ritchie Lanclos [Member] | Restricted Stock Units (RSUs) [Member] | Tranch 2- 270 days [Member]
Number of shares vested					20,000
Mr. Ritchie Lanclos [Member] | Restricted Stock Units (RSUs) [Member] | Tranch 2- 365 days [Member]
Number of shares vested					60,000
Mr.Eleazar Ovalle [Member] | Restricted Stock Units (RSUs) [Member]
Number of shares issued				100,000													40,000
Purchase price | $ / shares				$ 0.665
Number of shares vested																	20,000
Number of shares vested, value | $																	$ 26,800
Restricted stock unit value | $																	$ 58,556
Mr.Eleazar Ovalle [Member] | Restricted Stock Units (RSUs) [Member] | Tranch 2- 365 days [Member]
Number of shares vested				60,000
Mr.Eleazar Ovalle [Member] | Restricted Stock Units (RSUs) [Member] | Tranch 1- 180 days [Member]
Number of shares vested				20,000
Director Two [Member] | Second Option [Member]
Description of vesting period								vesting when the Company achieves and maintains a total average daily production level of 200 boe/d for at least 60 days.
Number of shares granted								50,000
Strike price | $ / shares								$ 3
Director Two [Member] | Third Option [Member]
Description of vesting period								vesting when the Company achieves and maintains a total average daily production level of 500 boe/d for at least 90 days.
Number of shares granted								50,000
Strike price | $ / shares								$ 4
Mr. Christopher Jarvis [Member]
Description of vesting period			vesting quarterly over two years commencing with the first quarter following the 90-day probationary period.
Fair value | $			$ 616,055
Volatility rate			129.00%
Discount rate			0.00%
Expected dividend yield | $ / shares			$ 0
Expected life			5 years
Number of shares granted			400,000
Strike price | $ / shares			$ 1.99
Mr. Kevin Sylla [Member]
Description of vesting period			vesting quarterly over the term of three years.
Fair value | $			$ 1,986,902
Volatility rate			129.00%
Discount rate			0.00%
Expected dividend yield | $ / shares			$ 0
Expected life			7 years
Number of shares granted			1,200,000
Strike price | $ / shares			$ 1.99

Common Stock - Schedule of Stoc

Common Stock - Schedule of Stock Warrant Activity (Details) - Warrants [Member]	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Number of Warrants Balance outstanding, at beginning | shares	1,025,000
Number of Warrants Granted | shares	245,000
Number of Warrants Exercised | shares
Number of Warrants Cancelled or expired | shares
Number of Warrants Balance outstanding, at ending | shares	1,270,000
Number of Warrants Exercisable, at ending | shares
Weighted Average Exercise Price Balance outstanding, at beginning | $ / shares	$ 2.32
Weighted Average Exercise Price, Granted | $ / shares	1.50
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Cancelled or expired | $ / shares
Weighted Average Exercise Price, Balance outstanding, at ending | $ / shares	2.07
Weighted Average Exercise Price, Exercisable, at ending | $ / shares
Weighted Average Remaining Term Contractual, Balance outstanding, at beginning	4 years 5 months 1 day
Weighted Average Remaining Term Contractual, Granted	2 years 11 months 4 days
Weighted Average Remaining Term Contractual, Balance outstanding, at ending	3 years 7 months 13 days

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Jun. 01, 2016	Apr. 27, 2016	Jun. 30, 2017	Dec. 31, 2016
SCI Welding and Oilfield Service [Member] | Settlement Agreement [Member]
Settlement amount			$ 35,000
Tiger Energy Operating, LLC [Member] | SCI Welding and Oilfield Service [Member]
Amount of claim		$ 67,470
Amount of garnishment		$ 17,063
Contingent liability				$ 53,407
Tiger Energy Operating, LLC [Member] | Graco Fishing And Rental Tools, Inc. [Member]
Amount of claim	$ 159,965
Contingent liability				$ 159,965

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Aug. 09, 2017	Jul. 10, 2017	May 10, 2017
Interest rate			10.00%
Subsequent Event [Member] | Securities Purchase Agreement [Member]
Sale of stock, shares		25,000
Sale of stock, value		$ 25,000
Sale of stock, price per share		$ 1
Exercisable period		3 years
Exercise price per share		$ 1.50
Subsequent Event [Member] | Bridge Note Agreement [Member]
Debt principal amount	$ 1,050,000
Interest rate	13.50%
Debt maturity date	Sep. 8, 2017