Foothills Exploration (FTXP) 10-Q 19 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 16, 2018
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	Sep. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Common Stock, Shares Outstanding		20,796,138
Trading Symbol	FTXP
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 540	$ 555
Restricted cash	120,000	240,000
Accounts receivable - trade	889	747
Accounts receivable - oil and gas		31,924
Prepaid expenses	46,075	14,721
Total current assets	167,504	287,947
Oil and gas properties, full cost accounting
Properties not subject to amortization	979,978	2,457,218
Properties subject to amortization, net	13,483,584	10,674,918
Support facilities and equipment, net	269,485	121,502
Net oil and gas properties	14,733,047	13,253,638
Property and equipment, net	8,223	13,821
Other assets:
Surety and performance bonds	145,000	295,000
Total assets	15,053,774	13,850,406
Current liabilities:
Accounts payable and accrued liabilities	4,440,168	3,053,050
Accounts payable - related party	635,789	362,714
Deferred rent		14,487
Accrued interest	404,221	64,380
Accrued interest - related party	417,654	166,438
Notes payable	1,540,042	1,418,365
Notes payable - related party	7,250,000	7,135,732
Convertible note payable, net	167,500	93,272
Derivative liabilities	454,444	458,387
Other liabilities	249,852	305,935
Total Current Liabilities	15,559,670	13,072,760
Long-Term Liabilities:
Asset retirement obligation	336,610	303,327
Convertible note payable, net	30,500
Total Liabilities	15,926,780	13,376,087
Commitment and Contingencies
Stockholders' (Deficit) 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; 20,146,138 and 14,900,627 shares issued and outstanding, respectively	2,015	1,490
Stock payable	52,752	93,900
Additional paid in capital	10,654,897	8,847,394
Accumulated deficit	(11,582,670)	(8,468,465)
Total stockholders' (deficit) equity	(873,006)	474,319
Total Liabilities and Stockholders' (Deficit) Equity	$ 15,053,774	$ 13,850,406

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	20,146,138	14,900,627
Common stock, shares outstanding	20,146,138	14,900,627

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Revenue	$ 583,019	$ 573	$ 1,870,927	$ 99,527
Operating expenses
Lease operating expense	462,660		1,300,620
Selling, general and administrative expense	664,957	851,526	2,015,042	2,792,233
Depreciation, depletion, amortization and accretion expense	96,745	21,509	321,056	64,140
Impairment of oil and gas properties		45,419		1,328,637
Total operating expenses	1,224,362	918,454	3,636,718	4,185,010
Loss from operations	(641,343)	(917,881)	(1,765,791)	(4,085,483)
Other income (expenses):
Interest expense	(254,486)	(127,891)	(1,169,327)	(377,566)
Other income	2,500		25,407
Change in derivative	114,474		(195,760)
Gain (Loss) on extinguishment of debt	54,951	48,407	(8,734)	48,407
Total other income (expenses)	(82,561)	(79,484)	(1,348,414)	(329,159)
Net Loss	$ (723,904)	$ (997,365)	$ (3,114,205)	$ (4,414,642)
Net loss per share– - basic and diluted	$ (0.04)	$ (0.07)	$ (0.20)	$ (0.31)
Weighted average common shares - basic and diluted	16,522,827	14,618,019	15,593,318	14,270,627

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Cash Flows from Operating Activities
Net loss	$ (723,904)	$ (997,365)	$ (3,114,205)	$ (4,414,642)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation, depletion, amortization and accretion	96,745	21,509	321,056	64,140
Impairment of assets		45,419		1,328,637
Amortization of debt discount			416,695	172,534
Change in derivative value			195,760
Common stock and warrants issued for inducement of the note extension			161,575
Common stock and stock payable issued for services and fair value of options			725,753	848,683
Deferred rent			(14,487)	15,497
(Loss) Gain on settlement of debt and contingent liabilities			8,734	(48,407)
Changes in operating assets and liabilities:
Accounts receivable			(142)
Surety and performance bonds			150,000
Prepaid expenses			(31,354)	72,952
Accounts payable and accrued liabilities			(2,701)	(123,168)
Accounts payable and accrued liabilities - related party			1,090,591	332,904
Other liabilities			(23,290)	(35,000)
Net cash used in operating activities			(116,015)	(1,785,870)
Cash Flows from Investing Activities
Payments for acquisition of oil and gas property				(1,814,435)
Net cash used in investing activities				(1,814,435)
Cash Flows from Financing Activities
Proceeds from notes payable - related party				1,250,000
Repayment to notes payable				(1,000,000)
Proceeds from notes payable			52,000	2,300,000
Proceeds from convertible note payable			44,000	50,000
Repayment of convertible note payable			(100,000)
Proceeds from sales of common stock				270,000
Net cash provided by financing activities			(4,000)	2,870,000
Net decrease in cash, cash equivalents and restricted cash			(120,015)	(730,305)
Cash, Cash Equivalents and Restricted Cash, beginning of period			240,555	1,041,377	$ 1,041,377
Cash, Cash Equivalents and Restricted Cash, end of period	120,540	311,072	120,540	311,072	240,555
Reconciliation of Cash and Cash Equivalents and Restricted Cash:
Cash and cash equivalents at beginning of period			240,555	1,041,377	1,041,377
Restricted cash at beginning of period			240,000	240,000	240,000
Cash and cash equivalents and restricted cash at beginning of period			555	801,377	801,377
Cash and cash equivalents at end of period	120,540	311,072	120,540	311,072	240,555
Restricted cash at end of period	120,000	240,000	120,000	240,000	240,000
Cash and cash equivalents and restricted cash at end of period	$ 540	$ 71,072	540	71,072	$ 555
Supplemental Disclosures of Cash Flow Information:
Cash paid for interest				(20,000)
Cash paid for income taxes
Supplemental disclosures of cash flow information:
Prepaid expenses in shares				260,322
Asset Retirement Obligation			23,709	291,659
Debt discount			60,500	345,340
Notes payable issued against settlement of convertible note			50,000
Other liabilities settled against notes payable			32,793
Unpaid liabilities in acquisition of oil and gas property			1,761,584
Fair value of warrants issued with note payable				105,100
Fair value of down-round feature on warrants				$ 59,801

Organization

Organization	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1 – Organization Business Foothills Exploration, Inc., (“Company”, “Foothills Exploration”, or “Foothills”) was incorporated in the state of Delaware on May 13, 2010, under the name “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. Prior to the Share Exchange, the Company had minimal assets and recognized no revenues from operations and was accordingly classified as a shell company. In light of closing the Share Exchange transaction with the shareholders of FPI, the Company became actively engaged in oil and gas operations and is no longer a shell company. The consolidated balance sheets include the accounts of the Company, and its wholly-owned direct and indirect subsidiaries, Foothills Exploration, Inc. (“FTXP”), Foothills Petroleum, Inc. (“FPI”), Foothills Exploration, LLC (“FEL”), Foothills Petroleum Operating, Inc. (“FPOI”), Foothills Exploration Operating, Inc. (“FEOI”), Tiger Energy Partners International, LLC (“TEPI”), Tiger Energy Operating, LLC (“TEO”), and Tiger Energy Mineral Leasing, LLC (“TEML”). The Company’s oil and gas operations are conducted by its wholly owned indirect subsidiaries. FEL is a qualified oil and gas operator in the states of Wyoming and Colorado, and TEO is a qualified oil and gas operator in the state of Utah. The Company’s operating entities have historically employed, and will continue in the future to employ, on an as-needed basis, the services of drilling contractors, other drilling related vendors, field service companies and professional petroleum engineers, geologists, and landmen as required in connection with future drilling and production operations.

Going Concern

Going Concern	9 Months Ended
	Sep. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 2 – Going Concern The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has incurred recurring losses from inception through September 30, 2018, has a working capital deficit at September 30, 2018, of $15,392,166, and has limited sources of revenue. These conditions have raised substantial doubt as to the Company’s ability to continue as a going concern for one year from the issuance of the financial statements. These financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. To address these matters, the Company is actively meeting with investors for possible equity investments, including business combinations; investigating other possible sources to refinance our existing debt; and in continuing discussions with various individuals and groups that could be willing to provide capital to fund operations and growth of the Company.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3 – Summary of Significant Accounting Policies Principles of Consolidation The financial statements include the accounts of Foothills Exploration, Inc., and all of its direct and indirect wholly-owned subsidiaries including Foothill Petroleum, Inc., Foothills Petroleum Operating, Inc., Foothills Exploration Operating, Inc., Foothills Exploration LLC, Tiger Energy Partners International, LLC, Tiger Energy Operating, LLC and Tiger Energy Mineral Leasing, LLC. Intercompany balances and transactions have been eliminated in consolidation. Basis of Presentation and Functional Currency Pursuant to the rules and regulations of the Securities and Exchange Commission for Form 10-Q, the unaudited condensed consolidated financial statements, footnote disclosures and other information normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. The condensed consolidated financial statements contained in this report are unaudited but, in the opinion of management, reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of the consolidated financial statements. All significant inter-company accounts and transactions have been eliminated in consolidation. The results of operations for any interim period are not necessarily indicative of results for the full year. The condensed consolidated balance sheet at December 31, 2017 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America and are expressed in United States dollars (USD). Use of Estimates 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. Reclassifications Certain reclassifications have been made to amounts in prior year to conform to the current year presentation. All reclassifications have been applied consistently to the periods presented and had no effects on previously reported results of operations. Cash and Cash Equivalents Cash and cash equivalents include all highly liquid debt instruments with maturity of three months or less. 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 current assets section of our consolidated balance sheet. At September 30, 2018 and December 31, 2017, the Company had restricted cash of $120,000 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, covered under a certain Modification to Stipulated Order between the Utah Division of Oil, Gas and Mining and TEPI dated August 1, 2014 (Case No. SI/TA-102). These funds held in escrow, will be released to the Company once the Company finishes its reclamation of the various wells in question. During July and August 2018, $120,000 was released to the Company when we finished reclamation of two wells. Accounts receivable and allowance for doubtful accounts Accounts receivable are stated at the historical carrying amount net of an allowance for uncollectible accounts. The carrying amount of the Company’s accounts receivable approximates fair value because of the short-term nature of the instruments. The Company routinely assesses the collectability of all material trade and other receivables. Trade accounts receivable comprise receivables from joint interest owners which are recorded when the Company incurs expenses on behalf of the non-operator interest owners of the properties the Company operates. The Company’s oil and gas revenues receivable comprise receivables from purchasers of the Company’s production of oil and gas and other hydrocarbons and from operators of properties in which the Company has a non-operated interest, as well as from joint interest owners of properties the Company operates. As of September 30, 2018, the Company applied $889,493 of net revenue receivable from EOG Resources, the operator of two wells in which the Company has a working interest, to costs incurred of drilling two wells by EOG Resources. During the nine months ended September 30, 2018, those costs were $1,607,677. See Note 4 – Property and Equipment. The Company’s reported balance of accounts receivable, net of allowance for doubtful accounts, represents management’s estimate of the amount that ultimately will be realized in cash or used in the future to offset an operator’s joint interest billings. The Company reviews the adequacy of the allowance for doubtful accounts on an ongoing basis, using historical payment trends, the age of the receivables and knowledge of the individual customers or joint interest owners. When the analysis indicates, management increases or decreases the allowance accordingly. However, if the financial condition of our customers were to deteriorate, additional allowances might be required. 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 unproved 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. Support Facilities and Equipment Our support facilities and equipment are generally located in proximity to certain of our principal fields. Depreciation of these support facilities is calculated on a units-of-production basis. Maintenance and repair costs that do not extend the useful lives of property and equipment are charged to expense as incurred. Proved Reserves Estimates of the Company’s proved reserves included in this report are prepared in accordance with US GAAP and guidelines from the United States Securities and Exchange Commission (“SEC”). The Company’s engineering estimates of proved oil and natural gas reserves directly impact financial accounting estimates, including depreciation, depletion, amortization expense and impairment. Proved oil and natural gas reserves are the estimated quantities of oil and natural gas reserves that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under period-end economic and operating conditions. The process of estimating quantities of proved reserves is very complex, requiring significant subjective decisions in the evaluation of all geological, engineering and economic data for each reservoir. The accuracy of a reserves estimate is a function of: (i) the quality and quantity of available data; (ii) the interpretation of that data; (iii) the accuracy of various mandated economic assumptions, and (iv) the judgment of the persons preparing the estimate. The data for a given reservoir may change substantially over time as a result of numerous factors, including additional development activity, evolving production history and continual reassessment of the viability of production under varying economic conditions. Changes in oil and natural gas prices, operating costs, and expected performance from a given reservoir also will result in revisions to the amount of the Company’s estimated proved reserves. The Company engages independent reserve engineers to estimate its proved reserves. Fixed Assets The Company capitalizes expenditures related to property and equipment not directly associated with our production of oil and gas, 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. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Office equipment – 3 years Vehicle(s) – 5 years Land – not depreciated Asset Retirement Obligations The Company follows the provisions of the Accounting Standards Codification ASC 410 - Asset Retirement and Environmental Obligations. The fair value of an asset retirement obligation is recognized in the period in which it is incurred if a reasonable estimate of fair value can be made. The present value of the estimated asset retirement costs is capitalized as part of the carrying amount of the long-lived asset. The Company’s asset retirement obligations relate to the abandonment of oil and gas producing facilities and facilities that support the production of oil and gas. The amounts recognized are based upon numerous estimates and assumptions, including future retirement costs, future inflation rates and the credit-adjusted risk-free interest rate. After recording these amounts, the ARO will be accreted to its future estimated value using the same assumed cost of funds, and the capitalized costs are depreciated on a unit-of-production basis. Both the accretion and the depreciation will be included in depreciation, depletion and amortization expense on our consolidated statements of operations. 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 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: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. ● Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace. ● Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity,” and ASC 815. The carrying amounts of the Company’s financial assets and liabilities, including cash, prepaid expenses, accounts payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments. The fair value of notes payable and convertible notes approximates their fair values since the current interest rates and terms on these obligations are the same as prevailing market rates. Certain of the Company’s debt and equity instruments include embedded derivatives that require bifurcation from the host contract under the provisions of ASC 815-40, Derivatives and Hedging. The estimated fair value of the derivative warrant instruments was calculated using a Black Scholes valuation model. The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017: Fair Value Measurement at Carrying Value September 30, 2018 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 454,444 — — 454,444 Fair Value Measurement at Carrying Value December 31, 2017 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 458,387 — — 458,387 The Company did not identify any other assets and liabilities that are required to be presented on the consolidated balance sheet at fair value. Revenue Recognition The Company recognizes revenue in accordance with the requirements of ASC 606, which directs that it should recognize revenue when a customer obtains control of promised goods or services for an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. All of our revenue is attributable to sales of oil, gas, and other hydrocarbons which are sold daily, with sales aggregated on a monthly basis. In the case of revenue received for a non-operated working interest, we are paid by the operator, which is a joint interest partner and not the purchaser of the product. In the case of revenue received for an operated working interest, we are paid by the marketer to whom we sell the commodities directly pursuant to contractual arrangements. Debt Issuance Costs, Debt Discount and Detachable Debt-Related Warrants Costs incurred to issue debt are deferred and recorded as a reduction to the debt balance in our consolidated balance sheets. We amortize debt issuance costs over the expected term of the related debt using the effective interest method. Debt discounts relate to the relative fair value of warrants issued in conjunction with the debt and are also recorded as a reduction to the debt balance and accreted over the expected term of the debt to interest expense using the effective interest method. Net Earnings (Loss) Per Common Share The Company computes earnings per share under ASC 260-10, “Earnings Per Share.” The Company’s earnings (loss) per share are computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share reflects the potential dilution of securities, if any, that could share in the earnings (loss) of the Company and are calculated by dividing net income by the diluted weighted average number of common shares. The diluted weighted average number of common shares is computed using the treasury stock method for common stock that may be issued for outstanding stock options, warrants, and convertible debt. For the Three Months Ended September 30, For the Nine Months Ended September 30, 2018 2017 2018 2017 Numerator: Net income (loss) available to stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Basic net income allocable to participating securities (1) - - - - Income (loss) available to Foothills Exploration, Inc.’s stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Denominator: Weighted average number of common shares outstanding-Basic 16,522,827 14,618,019 15,593,318 14,270,627 Effect of dilutive securities: Options and warrants (2) - - - - Stock payable (3) 539,600 120,000 539,600 120,000 Weighted average number of common shares outstanding-Diluted 17,062,427 14,738,019 16,132,918 7,496,571 Net income (loss) per share: Basic (0.04 ) (0.07 ) (0.20 ) (0.31 ) Diluted (0.04 ) (0.07 ) (0.19 ) (0.31 ) (1) Restricted share awards that contain non-forfeitable rights to dividends are participating securities and, therefore, are included in computing earnings using the two-class method. Participating securities, however, do not participate in undistributed net losses. (2) For the three and nine months ended September 30, 2018, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,783,515 and 2,783,515 shares were antidilutive and, therefore, excluded from the diluted share calculation. For the three and nine months ended September 30, 2017, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,366,015 and 2,366,015 shares were antidilutive and, therefore, excluded from the diluted share calculation. (3) For the three and nine months ended September 30, 2018, stock payable representing 539,600 and 539,600 shares were anti-dilutive. For the three and nine months ended September 30, 2017, stock payable representing 120,000 and 120,000 shares were anti-dilutive. Stock-Based Compensation All share-based payments, including grants of stock to employees, directors and consultants, are recognized in the consolidated financial statements based upon their estimated fair values. The Company accounts for stock, stock options, and stock warrants issued for services and compensation by employees under the fair value method. For non-employees, the fair market value of the Company’s stock is measured on the date of stock issuance or the date an option/warrant is granted as appropriate under ASC 718 “Compensation – Stock Compensation”. The Company determined the fair market value of the warrants/options issued under the Black-Scholes Pricing Model. Under the provisions of ASC 718, share-based compensation cost is measured at the grant date, based on the fair value of the award, and is recognized as an expense over the employee’s requisite service period (generally the vesting period of the equity grant). 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 November 2016, the FASB issued ASC Update No. 2016-18 (Topic 230) Statement of Cash Flows – Restricted Cash (a consensus of the FASB Emerging Issues Task Force). The amendments in this update require that restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. Current GAAP does not include specific guidance on the cash flow classification and presentation of changes in restricted cash. The updated guidance is effective for interim and annual periods beginning after December 15, 2017 and is required to be applied using a retrospective transition method to each period presented. The Company implemented this guidance effective January 1, 2018. Implementing this guidance did not have a material impact on the Company’s statement of cash flows. 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 In July 2017, the FASB issued Accounting Standards Update No. 2017-11, Accounting for Certain Financial Instruments with Down Round Features 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 consolidated financial statements. In June 2018, the FASB issued “ASU 2018-07 - Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting”. The amendments in this update expand the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. An entity should apply the requirements of Topic 718 to nonemployee awards except for specific guidance on inputs to an option pricing model and the attribution of cost (that is, the period of time over which share-based payment awards vest and the pattern of cost recognition over that period). The amendments specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations by issuing share-based payment awards. The amendments also clarify that Topic 718 does not apply to share-based payments used to effectively provide (1) financing to the issuer or (2) awards granted in conjunction with selling goods or services to customers as part of a contract accounted for under Topic 606, Revenue from Contracts with Customers. The updated standard is effective for the Company beginning after December 15, 2018, including interim periods within that fiscal year. Early adoption of the new guidance is permitted, but no earlier than an entity’s adoption date of Topic 606. The Company does not expect that the adoption of this standard will have a material effect on its condensed consolidated financial statements.

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 4 – Property and Equipment Oil and Gas Properties The Company’s oil and gas properties at September 30, 2018 and December 31, 2017 are located in the United States of America. The carrying values of the Company’s oil and gas properties, net of depletion, depreciation, amortization, and impairment at September 30, 2018 and December 31, 2017 are set forth below in the following table: September 30, 2018 December 31, 2017 Unproved leasehold (1) $ 979,978 $ 977,936 Proved leasehold 13,176,778 10,094,760 Properties subject to depletion, net of depletion 306,806 580,158 Exploratory wells – construction-in-progress (1) (2) - 1,479,282 Total $ 14,463,562 $ 13,132,136 (1) Not subject to depletion; (2) Reclassified from exploratory to properties subject to amortization at September 30, 2018. Exploration and Depreciation, Depletion, Amortization, Year Acquisition Development Disposition and Incurred Costs Costs of Assets Impairment Total 2016 and prior $ 10,252,568 $ 1,181,421 $ — $ — $ 11,433,989 2017 — 3,223,931 — (1,525,784 ) 1,698,147 2018 — 1,636,809 (305,383 ) 1,331,426 Total $ 10,252,568 $ 6,042,161 $ — $ (1,831,167 ) $ 14,463,562 ● In 2017, the Company acquired a 21.62% non-operated working interest with a 17.1% net revenue interest in two exploratory horizontal gas wells in the Uinta Basin from an undisclosed party, and the Company incurred $1,479,282 in well costs. During the nine months ended September 30, 2018, the company incurred an additional $1,607,677 of well costs. At September 30, 2018, the Company’s share total costs for drilling and completing the two wells was $3,086,959. Although these wells produced economic quantities of natural gas liquids and residue gas through September 30, 2018, well completion activities were completed during the nine months ended September 30, 2018, so costs were reclassed from construction-in-progress and to proved properties subject to depletion through September 30, 2018. ● In 2017, the Company drilled a test well on the Labokay prospect to the total measured depth of 8,795 feet, where hydrocarbons shows were not in commercial quantities to warrant completion. This well was plugged and abandoned. Since the well was not commercially viable the Company’s working interest in the underlying mineral lease terminated and we no longer have a right to acquire title to said property. During the year ended December 31, 2017, we incurred costs of $1,209,675 in the drilling of this well and $1,352,982 was charged to impairment expense. Civil lawsuits were filed against FPOI arising from unpaid accounts in connection with drilling of this well – see Note 11 – Commitments and Contingencies for additional information on the lawsuits. ● In 2017, the Company worked over two Duck Creek wells obtaining production from the Green River formation. We incurred $79,989 in capitalized workover costs associated with these wells. The wells require additional workover and were shut-in in July 2017. The Company recorded asset retirement costs of $291,659 related to Duck Creek wells. During the nine months ended September 30, 2018, we incurred $8,821 in capitalized workover costs associated with these wells. ● In 2017, the Company incurred costs of $22,691 for bonding, legal, title, engineering, geological and surveying in our Ladysmith project in Fremont County, Wyoming. ● In 2017, the Company incurred costs of $3,750 related to Springs Project. The Company allowed the BLM leases for the Springs project to expire without paying additional delay rental payments. The primary terms on these leases were due to expire in Q4 2018 and in the view of management it was not in the best interest of the Company to continue exploratory efforts on this speculative play. Management concluded that Company resources would be better redirected to continue seeking lower-risk acquisitions of producing oil and gas properties rather than take additional wildcat drilling risk on this prospect. The Company currently no longer owns the mineral rights for this project. As the result, the Company recognized impairment of oil and gas property in amount of $154,787, during the year ended December 31, 2017. ● In 2017, the Company incurred costs of $100,191 for exploration and development efforts associated with the proved oil and gas assets in Utah, which were acquired on December 30, 2016, from Total Belief Limited, a wholly owned subsidiary of New Times Energy Corporation Limited. These assets include certain oil and gas wells throughout the Uinta Basin in Utah on acreage with over 30 proved 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. In connection with the TBL acquisition, Foothills entered into a promissory note in the amount of $6,000,000. This note bears no interest during its term. The Company calculated and recorded $(342,804) of imputed interest as debt discount. During the nine months ended September 30, 2018, we incurred cost of $20,000 exploration and development efforts associated with these properties. ● In 2017, the Company incurred costs of $379,498 for exploration and development efforts associated with numerous unproved oil and gas properties in the Company’s geographic areas of interest, including farmout properties (Paw Paw and Ironwood) and numerous others being evaluated and considered for a prospective acquisition and/or farmout by the Company. During the nine months ended September 30, 2018, we incurred cost of $312 exploration and development efforts associated with these properties. ● In 2017, we recorded depreciation, depletion and amortization cost related to oil and gas properties of $18,017. During the nine months ended September 30, 2018, we recorded depreciation, depletion, amortization costs related to oil and gas properties of $305,383. Support Facilities and Equipment The Company’s support facilities and equipment serve its oil and gas production activities. The following table summarizes these properties and equipment, together with their estimated useful lives: September 30, 2018 December 31, 2017 Tank $ 30,000 $ 30,000 Vehicle 69,446 69,446 Uinta Basin facilities 170,570 Accumulated depreciation (531 ) (31 ) Construction in progress (1) - 22,087 Total support facilities and equipment, net $ 269,485 $ 121,502 (1) Facilities constructed in conjunction with drilling for our two exploratory horizontal wells in Uintah County, Utah, not subject to depreciation. During the months ended September 30, 2018, construction-in-progress was reclassified to Uinta Basin facilities and became eligible for depreciation upon the completion of the construction. The Company recognized depreciation expense of $147 and $0 during the three months ended September 30, 2018 and 2017, respectively. The Company recognized depreciation expense of $531 and $0 during the nine months ended September 30, 2018 and 2017, respectively. Office Furniture, Equipment, and Other As of September 30, 2018 and December 31, 2017, office furniture, equipment, and other consisted of the following: September 30, 2018 December 31, 2017 Computer equipment and fixtures $ 22,453 $ 22,453 Accumulated depreciation (14,230 ) (8,632 ) Office furniture, equipment, and other, net $ 8,223 $ 13,821 During the three months ended September 30, 2018 and 2017, we recorded depreciation expense of $1,886 and $1,886, respectively. During the nine months ended September 30, 2018 and 2017, we recorded depreciation expense of $5,598 and $5,598, respectively.

Asset Retirement Obligation

Asset Retirement Obligation	9 Months Ended
	Sep. 30, 2018
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	Note 5 – Asset Retirement Obligation The following table provides a reconciliation of the changes in the estimated present value of asset retirement obligations for the nine months ended September 30, 2018 and December 31, 2017. For the period ended September 30, 2018 December 31, 2017 Beginning asset retirement obligations $ 303,327 $ 291,659 Liabilities established 23,709 — Accretion expense 9,574 11,668 Ending asset retirement obligations $ 336,610 $ 303,327 Accretion expense for the three months ended September 30, 2018 and 2017 was $3,507 and $2,917, respectively. Accretion expense for the nine months ended September 30, 2018 and 2017 was $9,574 and $8,751, respectively.

Notes Payable

Notes Payable	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Notes Payable	Note 6 – Notes Payable A summary of the outstanding amounts of our notes payable as of September 30, 2018 and December 31, 2017 is as follows: September 30, 2018 December 31, 2017 9% unsecured note payable due May 6, 2017 (1) $ - $ - 13.5% unsecured note payable due September 8, 2017 (2) 1,050,000 1,050,000 0% unsecured note payable due January 2, 2018 (3) 250,000 250,000 12% unsecured note payable September 30, 2018 (4) 120,629 120,629 0% unsecured note payable due August 6, 2018 (5) 38,000 - 9% unsecured note payable due December 15, 2018(6) 100,000 - Less: unamortized discount (18,587 ) (2,264 ) Total debt 1,540,042 1,418,365 Less: current maturities 1,540,042 1,418,365 Long-term debt, net of current maturities - - At September 30, 2018, the principal amounts due under our debt agreements were all classified as current on our Consolidated Balance Sheets. (1) On December 30, 2016, 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 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. On August 14, 2017, we repaid $1,000,000 in principal and $20,000 in accrued interest and reclassified the remaining accrued interest of $30,000 as a gain on extinguishment of debt. (2) Effective August 9, 2017, Foothills borrowed $1,050,000 from Profit Well Limited, a Hong Kong limited liability company. 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 primarily used to repay Full Wealth for the debenture dated June 1, 2017. On November 3, 2017, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. Profit Well Limited also reaffirmed its belief that the Company will either extend or repay the obligation to the satisfaction of Profit Well. As partial consideration for the deferment, the Company agreed to issue Profit Well Limited 100,000 shares of its restricted common stock, valued at $48,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On February 28, 2018, Profit Well and the Company agreed to extend the maturity date of the debenture to June 30, 2018, and as consideration for the extension, the Company agreed to compensate Profit Well with 200,000 shares of restricted common stock valued at $46,700. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). In addition, the parties agreed that if payment of said principal and interest due and payable is made late, then a penalty payment of $100,000 shall become due and payable to Profit Well by the Company. On June 30, 2018, we recorded $100,000 penalty as additional interest payable. The penalty payment was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On July 29, 2018, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate Profit Well with 100,000 shares of restricted common stock valued at $12,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (3) On September 29, 2017, the Company issued to an unaffiliated investor a promissory note and three tranches of warrants for an aggregate consideration of $250,000. The Note recites that it accrues no interest if paid when due and is due and payable on January 2, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 15% per year until paid. On November 6, 2017, the Company agreed to compensate the investor with 75,000 shares of the Company’s restricted common stock in connection with a more favorable term of a note entered into with FirstFire Global Opportunities Fund, LLC. On December 30, 2017, the Company and the investor agreed to extend the maturity date of this Note to January 23, 2018, in return for a payment at maturity of the principal, accrued interest as provided in the Note, plus 30,000 shares of the Company’s restricted common stock. Because the fair value of the shares was greater than 10% of the present value of the remaining cash flows under the Note, the issuance of the shares in connection with a more favorable term of a note entered with FirstFire Global Opportunities Fund, LLC, was treated as a debt extinguishment and reissuance of a new debt instrument pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). Since January 23, 2018, the Company and the investor have been in ongoing discussions to extend the term of this Note. On March 28, 2018, the investor acknowledged that the Company is not in default ● 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $0.665 per share expiring on September 29, 2019; ● 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $1.25 per share expiring on September 29, 2020; and ● 185,000 warrants to purchase 185,000 shares of common stock of the Company at a strike price of $2.00 per share expiring on September 29, 2020. The aggregate relative fair value of three tranches of warrants was determined to be $105,000 on September 29, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 94%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 2-3 years. $2,536 imputed interest was recorded as debt discount. $2,536 was determined using the present value method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 0.26 year. The aggregate value of the warrants and imputed interest of $107,536 was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized the remaining $2,264 of such discount to interest expense. At December 31, 2017, $250,000 of principal was outstanding under the Note. Each tranche of warrants is subject to down round adjustment provisions if the Company during the term of that tranche issues additional securities for consideration per share, after giving effect to fees, commission and expenses, that is less, or which on conversion or exercise of the underlying security is less, than $0.665 per share (as adjusted for any change resulting from forward or reverse splits, stock dividends and similar events). To satisfy most favored nation provisions in previously entered securities purchase agreements that are triggered by the transaction described above, the Company issued 136,015 shares of common stock and warrants to purchase 136,015 shares of common stock, in the aggregate, to certain investors who purchased units from the Company, at a $1.00 per unit, with each unit consisting of one share and one warrant. See the Company’s Current Report on the Form 8-K filed with the SEC on June 5, 2017. Of this amount, 100,752 shares and warrants to purchase 100,752 shares of common stock will be issued to Wilshire Energy Partners LLC, an entity controlled by Kevin J. Sylla, our Executive Chairman and Chief Executive Officer of FPI. The exercise price of these investor warrants was adjusted to $0.665 per share. We measured the value of the effect of the down round feature as the difference between the fair value of the financial instrument at an original exercise price of $1.50 and an adjusted exercise price of $0.665 and, as a result, $59,801 was recorded as down round feature as interest expense under ASC 260-10-30-1. Foothills determined the amount of $59,801 using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 94%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 3 years. (4) A promissory note was issued on November 1, 2017, for services rendered, bearing an interest rate of 12% per annum and with a maturity date of June 30, 2018. On August 22, 2018, the Note Holder agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. As partial consideration for the deferment, the Company agreed to issue the Note Holder 60,000 shares of its restricted common stock. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (5) On July 19, 2018, the Company borrowed $38,000 from an unaffiliated investor with an original discount of $3,207. The Note recites that it accrues no interest if paid when due and is due and payable on August 6, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 10% per year until paid. In connection with the issuance of this note, the Company issued 300,000 shares for late SEC filing, valued at $36,000. $74 imputed interest was recorded as debt discount. $74 was determined using the present value method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 0.05 year. The relative aggregate value of the shares and imputed interest was determined to be $32,793 using the allocation of proceed, $32,793 was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. Pursuant to this Note, the investor shall be assigned an undivided two percent (2%) overriding royalty of all oil, gas, and other minerals and hydrocarbons produced, saved, and sold from each well now or hereinafter located on certain leases and wells owned by the Company. On August 23, 2018, the lender agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate the lender with 15,000 shares of restricted common stock valued at $1,950. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). During the nine months ended September 30, 2018, the Company amortized the remaining $38,000 of such discount to interest expense. At September 30, 2018, $38,000 of principal was outstanding under the Note. (6) On September 14, 2018, the Company borrowed $100,000 from an unaffiliated investor, bearing an interest rate of 9% per annum and with a maturity date of December 15, 2018. In connection with the issuance of this note, the Company issued 250,000 shares of its common stock, valued at $22,500, which was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized $3,913 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $18,587 and $100,000 of principal was outstanding under the Note. During the three months ended September 30, 2018 and 2017, respectively, we incurred $132,767 and $23,626 of interest expense, including amortization of discount of $43,194 and $1,132 and shares issued for extension of $21,676 and $0, respectively. During the nine months ended September 30, 2018 and 2017, respectively, we incurred $359,202 and $71,571 of interest expense, including amortization of discount of $45,458 and $1,132 and shares issued for extension of $68,376 and $0 and penalty of $100,000 and $0, respectively.

Notes Payable - Related Party

Notes Payable - Related Party	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Notes Payable - Related Party	Note 7 – Notes Payable - Related Party September 30, 2018 December 31, 2017 13.25% unsecured note payable due May 5, 2017 (1) $ 1,250,000 $ 1,250,000 0% unsecured note payable due September 30, 2018 (2) 6,000,000 6,000,000 Less: unamortized discount of imputed interest of 4% (2) - (114,268 ) Total debt 7,250,000 7,135,732 Less: current maturities 7,250,000 7,135,732 Long-term debt, net of current maturities $ - $ - (1) Effective January 5, 2017, Foothills borrowed $1,250,000 from Berwin Trading Limited that, due to its 20% beneficial ownership in the Company, is a related party. This note called for interest at 9% per annum; but because it was not paid when due interest was to have accrued at a default rate of 11% from the due date of the note. 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. On November 3, 2017, Berwin agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. As partial consideration for the deferment, the Company issued Berwin 100,000 shares of its restricted common stock, valued at $48,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On February 28, 2018, Berwin and the Company agreed to extend the maturity date of the debenture to June 30, 2018, and as consideration for the extension, the Company agreed to compensate Berwin with 250,000 shares of restricted common stock valued at $58,375. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). In addition, the parties agreed that if payment of said principal and interest due and payable is made late, then a penalty payment of $125,000 shall become due and payable to Berwin by the Company. On June 30, 2018, we recorded $125,000 penalty as additional interest payable. The penalty payment was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). The Company and Berwin are in ongoing discussions to extend the term of this Note and the Company believes it will either extend, rework or repay the obligation to the satisfaction of Berwin. On July 29, 2018, Berwin agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate Berwin with 100,000 shares of restricted common stock valued at $12,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (2) On December 30, 2016, in connection with the TBL acquisition, Foothills entered into a promissory note in the amount of $6,000,000. This note bears no interest during its term. The Company calculated and recorded $342,804 of imputed interest as debt discount. During the three months ended September 30, 2018 and 2017, respectively, we incurred $54,534 and $99,668 of interest expense, including amortization of discount of $0 and $57,143 and shares issued for extension of $12,000 and $0, respectively. During the nine months ended September 30, 2018 and 2017, respectively, we incurred $435,859 and $295,306 of interest expense, including amortization of discount of $114,268 and $171,402 and shares issued for extension of $70,375 and $0, and penalty of $125,000 and $0, respectively.

Convertible Note Payable

Convertible Note Payable	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Convertible Note Payable	Note 8 – Convertible Note Payable September 30, 2018 December 31, 2017 10% convertible note payable due May 10, 2018 (1) $ 50,000 $ 50,000 8% convertible note payable due August 16, 2018 (2) 117,500 267,500 13.5% convertible note payable due February 11, 2020 (3) 44,000 - Less: unamortized debt discount on convertible notes (1)(2)(3) (13,500 ) (224,228 ) Total debt 198,000 93,272 Less: current maturities 167,500 93,272 Long-term debt, net of current maturities $ 30,500 $ - (1) 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, which is due on May 10, 2018. This note may, at the option of the lender, be converted at any time prior to May 10, 2018, 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 convertible note until May 10, 2018. On November 7, 2017, the Company issued 50,000 warrants to purchase 50,000 shares of common stock of the Company at a strike price of $1.00 per share expiring on May 7, 2019. If the Company fails to pay the principal and accrued unpaid interest due and payable to Lender on or before the due date of the convertible note, then the Lender shall be provided the right to convert at either $0.665 per share or upon the same terms offered in FirstFire Global Opportunities Fund, LLC Note’s conversion options. The relative fair value of warrant was determined to be $3,381 on November 7, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 years. The issuance of the warrants in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On September 17, 2018, the note holder agreed to defer repayment of this note to December 15, 2018, the Company agreed to compensate the note holder with 50,000 shares of restricted common stock valued at $4,500. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (2) On November 17, 2017, the Company issued to FirstFire Global Opportunities Fund, LLC, (“FirstFire”) an unaffiliated investor, a senior convertible promissory note in the principal amount of $267,500 and received proceeds of $250,000 before giving effect to certain transactional costs including legal fees. As part of this transaction the Company also issued (i) warrants having an 18-month term, to purchase 267,500 shares of the Company’s common stock at an exercise price of $1.00 per share and (ii) 60,000 shares of the Company’s restricted common stock. This note accrues interest of 8% per annum and is due and payable on August 17, 2018. The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price of the lower of (i) $0.665 per share or (ii) 50% of the lowest per share market values during the twenty (20) trading days immediately preceding a conversion date. If the lowest traded price of the Common Stock is less than the Conversion Price on the date following the Conversion Date on which the Holder actually receives from the Company, then the Conversion Price shall be deemed to have been retroactively adjusted, as of the Conversion Date, to a price equal to 75% multiplied by the lowest closing price of the Common Stock on the Free Trading Shares Receipt Date. This note is secured by a personal guaranty from the Company’s Executive Chairman, Kevin Sylla. The net proceeds of this note will be used for general corporate and working capital purposes. The aggregate relative fair value of the warrant was determined to be $10,750 on November 17, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 year. Fair value of 60,000 shares of common stock was determined to be $18,250 using allocation of proceeds. The Company accounted for the conversion feature as a derivative valued at $288,964, of which $67,964 was expensed immediately to interest expense. $288,964 was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.75 year. The aggregate value of the original debt discount, warrant, conversion feature and 60,000 shares of common stock of $267,500 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. As of December 31, 2017, Company accounted for the conversion feature as a derivative valued at $458,387 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.6 year. As of September 30, 2018, Company accounted for the conversion feature as a derivative valued at $454,444 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 225%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.07 year. On June 6, 2018, the Company made a principal payment in the amount of $100,000. Furthermore, the Company agreed to pay the remaining balance of $229,025 on or before thirty-five (35) days from June 5 th th (3) On August 11, 2018, the Company borrowed $44,000 from an unaffiliated investor, bearing an interest rate of 12.5% per annum and with a maturity date of February 11, 2020. As part of this transaction the Company also issued (i) warrants having a 24-month term, to purchase 100,000 shares of the Company’s common stock at an exercise price of $0.665 per share and (ii) 44,000 shares of the Company’s restricted common stock. The Note agreements give the lender the right to convert the loan amounts due into common stock at a fixed conversion price of $0.20. The aggregate relative fair value of the warrant was determined to be $9,035 on August 11, 2018, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 221%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 2 year. Fair value of 44,000 shares of common stock was determined to be $5,280 using market price. The aggregate value of the warrant and 44,000 shares of common stock of $14,315 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized the $815 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $13,500 and $44,000 of principal was outstanding under the Note. During the three months ended September 30, 2018 and 2017, respectively, the Company incurred $67,185 and $1,680 of interest expense, including amortization of discount of $9,386 and $0 and shares issued for note extension of $24,750 and $0, respectively. During the nine months ended September 30, 2018 and 2017, respectively, the Company incurred $374,266 and $1,959 of interest expense, including amortization of discount of $255,043 and $0 and shares issued for note extension of $24,750 and $0, respectively. The following table reconciles, for the period ended September 30, 2018, the beginning and ending balances for financial instruments that are recognized at fair value in the consolidated financial statements: Balance of embedded derivative as of December 31, 2017 $ 458,387 Additions related to embedded conversion features of convertible debt issued Change in fair value of conversion features 195,760 Reductions in fair value due to principal repayments (199,703 ) Balance of embedded derivatives at September 30, 2018 $ 454,444

Common Stock

Common Stock	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Common Stock	Note 9 – Common Stock On June 5, 2018, the Company issued to FirstFire 150,000 shares of restricted common stock for an extension of their note originally issued November 17, 2017 in the amount of $267,500 (see Note 8). These shares were valued at $30,000. From June 21, 2018 to June 23, 2018 four (4) officers and directors of the Company agreed to convert $566,300 of accrued wages and fees into 3,836,111 shares of restricted common stock, valued at $774,737. We recorded $208,437 as loss on extinguishment of debt. During the nine months ended September 30, 2018, the Company agreed to issue Berwin an aggregate 350,000 shares of restricted common stock for an extension of their note originally issued January 5, 2017 in the amount of $1,250,000 (see Note 7). These shares were valued at $70,375. During the nine months ended September 30, 2018, the Company issued Profit Well 400,000 shares of restricted common stock for an extension of their note originally issued August 10, 2017 in the amount of $1,050,000 (see Note 6). These shares were valued at $106,700. 100,000 of these shares were authorized during 2017. During the nine months ended September 30, 2018, the Company agreed to issue a third party an aggregate of 659,000 shares of restricted common stock in connect with new notes and extensions of their notes (see Note 6 and 8). These shares were valued at $70,230. 105,000 shares of common stock were authorized but not issued as of December 31, 2017. 409,400 shares of common stock were issued during nine months ended September 30, 2018. As of September 30, 2018, 354,600 shares of common stock were authorized but not issued. 105,000 shares of common stock were authorized but not issued as of December 31, 2017. On August 22, 2018, the Company agreed to issue a third party 60,000 shares of restricted common stock to extend maturity date of a promissory note issued on November 1, 2017. As of September 30, 2018, 60,000 shares of common stock were authorized not issued. On September 13, 2018, the Company agreed to issue 125,000 shares of restricted common stock to FirstFire to defer the expiration date of their notes. As of September 30, 2018 these shares were not yet issued. As of September 30, 2018, the Company had 20,146,138 shares of common stock issued and outstanding and an additional 539,600 shares of common stock committed to be issued. The total shares of issued and committed to be issued common shares at September 30, 2018 was 20,685,738. 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 above 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. On November 7, 2017, the Company issued 50,000 warrants to purchase 50,000 shares of common stock of the Company at a strike price of $1.00 per share expiring on May 7, 2019 in connection with a senior convertible promissory note in the principal amount of $50,000. If the Company fails to pay the principal and accrued unpaid interest due and payable to Lender on or before the due date of the convertible note, then the Lender shall be provided the right to convert at either $0.665 per share or upon the same terms offered in FirstFire Global Opportunities Fund, LLC Note’s conversion options. The relative fair value of warrant was determined to be $3,381 on November 7, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 years. On November 17, 2017, the Company issued an unaffiliated investor warrants to purchase 267,500 shares of the Company’s common stock at an exercise price of $1.00 per share and expires in 18 months, in connection with a senior convertible promissory note in the principal amount of $267,500. The aggregate relative fair value of warrant was determined to be $10,750 on November 17, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 year. On August 11, 2018, the Company issued an unaffiliated investor warrants to purchase 100,000 shares of common stock at a strike price of $0.665 per share expiring in 24 months, in connection with a convertible promissory note in the principal amount of $44,000. The aggregate relative fair value of the warrant was determined to be $9,035 on August 11, 2018, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 221%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 2 year. The following table summarizes all stock warrant activity for the nine months ended September 30, 2018: Number of Warrants Weighted Average Weighted Average Term Balance outstanding, December 31, 2017 2,683,515 $ 1.56 2.65 Granted 100,000 0.67 1.87 Exercised - - - Cancelled or expired - - - Balance outstanding, September 30, 2018 2,783,515 $ 1.48 1.90 Exercisable, September 30, 2018 2,783,515 $ 1.48 1.90 Options On May 19, 2016, the Company granted to each of its then 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, currently an officer and director, 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, currently our Executive Chairman of the Board, 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. During the three months ended September 30, 2018 and 2017, we recorded $244,576 and $244,576 option expense. During the nine months ended September 30, 2018 and 2017, we recorded $725,752 and $571,563 option expense. As of September 30, 2018, the unamortized option expense was $1,061,066. The following table summarizes all stock option activity for the nine months ended September 30, 2018: Number of Option Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance outstanding, December 31, 2017 2,050,000 $ 2.21 6.26 Granted - - - Exercised - - - Cancelled or expired - - - Balance outstanding, September 30, 2018 2,050,000 $ 2.21 5.51 Exercisable, September 30, 2018 1,350,000 $ 2.33 5.71

Other Related Party Transaction

Other Related Party Transactions	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
Other Related Party Transactions	Note 10– Other Related Party Transactions Wilshire Energy Partners, LLC 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. During the nine months ended September 30, 2018 and 2017, Wilshire advanced the Company $181,083 and $0 for operating purposes and the Company repaid $43,176 and $0, respectively. As of September 30, 2018 and December 31, 2017, total amount due to officers and directors were $635,789 and $362,714. From June 21, 2018 to June 23, 2018 four (4) officers and directors of the Company agreed to convert $566,300 of accrued wages and fees into 3,836,111 shares of restricted common stock.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 11 – Commitments and Contingencies Contractual Obligations Operating Leases Effective May 1, 2017, the Company entered into a 39-month lease, expiring July 31, 2020, for its Denver, Colorado, corporate office at a total rental of approximately $10,051 per month. During the three months and nine months ended September 30, 2018 and 2017, the Company paid $25,801 and $25,801 and $8,931 and $8,931 for its Denver office space, redeemed unused allowance for tenant improvements which was contractually allowed to offset monthly rental payments of $5,267 and $22,907 and $0 and $0, respectively and recorded $5,267 and $22,907 and $0 and $0 as other income, respectively. The lease was terminated on September 1, 2018. On October 5, 2016, the Company launched its Exploration Division and opened a new office in Houston, Texas, to support the division’s staff, at a monthly rental amount of $2,298. On March 27, 2018, the Company closed that office. During the three months and nine months ended September 30, 2018 and 2017, the Company accrued $6,492 and $12,859 and $4,596 and $4,596 in rent expense and paid $0 and $0 and $4,596 and $4,596 for its Houston office space. The Company leases a copier at monthly rental of $135 through September 23, 2020, for its Denver, Colorado, office. During the three months and nine months ended September 30, 2018, the Company accrued $405 and $1,215 and paid $0 and $0 in rental for the copier. Information regarding all the Company’s contractual lease obligations, at September 30, 2018, is set forth in the following table. Operating Leases 2018 (3 Months) $ 405 2019 1,620 2020 1,215 Total $ 3,240 Legal proceedings The Company has determined that judgments rendered in the second quarter of 2018 in connection with all but four of the following legal proceedings against the Company are Type 1 subsequent events that provide additional evidence with respect to conditions that existed at the date of the balance sheet. Therefore, the financial statements reflect the effects of prejudgment judgments awards to plaintiffs through September 30, 2018, noted below in accordance with Auditing Standard 2801.03. Utah Wells Graco Fishing & Rental Tools, Inc. vs. Tiger Energy Operating LLC (Case No. 160800005 8 th Plaintiff in this case sought collection of unpaid debt incurred by TEO for services rendered in connection with its workover of wells in Duchesne County, Utah. On June 1, 2016, a default judgment of $159,965 was obtained against TEO by Plaintiff. Graco 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 executing on properties not owned by us. A Motion to Set Aside the sheriff’s sale of these properties was filed with the court based on the fact that TEO was not the owner of these properties. A hearing for this matter was held on May 1, 2017, in Duchesne County, Utah, at which time 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 Graco. A writ of execution was issued to seize the property subject of litigation on March 8, 2018. Graco had scheduled certain foreclosure sales of TEO’s interests in various oil and gas wells to take place on May 3, 2018 (the “Sales”). On April 27, 2018, the parties reached a settlement and release agreement whereby TEO agreed to make five (5) payments totaling $163,964.59 to Graco. The first payment due on May 9, 2018, has already been made to the judgment holder. The second payment of $32,792.92 is due on July 9, 2018; the third payment of $32,792.92 is due on September 9, 2018; the fourth payment of $32,792.92 is due on November 9, 2018; and fifth and final payment of $32,792.92 is due on January 9, 2019. If any of the above payments are not made when due, Grace will have the right to immediately execute the Sales. Graco will maintain and apply liens and notices of its judgment until the total payment has been paid in full by TEO. TEO shall be provided with a 10-day period within which to cure any default under the settlement agreement, other than making the first payment described above. TEO made its second payment of $32,793 on July 19, 2018, within the 10-day cure period provided in the settlement agreement. TEO made its third payment of $32,793 on September 11, 2018, within the 10-day cure period provided in the settlement agreement. TEO also made its fourth payment of $32,793 on November 15, 2018. Conquest Well Servicing, LLC vs. Foothills Exploration Operating, Inc. (Case No. 179800421 8 th Plaintiff filed this action on September 11, 2017, for collection of unpaid services and materials in the amount of $49,689 in connection with a workover of wells in Uintah County, Utah. A Settlement Agreement and Stipulation to Entry of Judgment was agreed to by the parties and filed with the court on October 10, 2017. Judgment in the amount of $54,937.10 including $5,248.10 in pre-judgement interest was filed on December 18, 2017. An order requesting company asset inquiry was issued on February 20, 2018. As of September 30, 2018, we recorded $9,368.45 of prejudgment interest expense. A hearing on contempt by FEOI for failure to appear and an answer as to assets was set for September 13, 2018. A stipulation was filed with the court to continue the hearing to October 22, 2018. FEOI inadvertently failed to appear at this hearing, resulting in a contempt of court citation being issued. Currently, FEOI is seeking to reschedule this hearing and intends to purge any contempt by compliance with the court’s order. Peak Well Service, LLC v. Tiger Energy Operating, LLC (Case No. 2:16-CV-00957-EJF United States District Court for the District of Utah Court) Peak Well Service, LLC (“Peak”), filed mechanics and materialman’s liens against the Wilkins, Rust 2 Well, Dye Hall 2, Rust 3, and Josie 1 wells operated by TEO for unpaid accounts in connection with work on these wells. A settlement was reached between TEO and Peak pursuant to a confidential settlement agreement. Pursuant to the settlement agreement, lien releases on each of these well liens were filed on February 8, 2017. This settlement is a final resolution of this creditor claim. BIA Administrative Appeal – Tiger Energy Partners International, LLC Notice of Appeal: Dated May 8, 2013 Appellant: Tiger Energy Partners International, LLC Appellee: Superintendent Uintah and Ouray Agency Decision April 12, 2013 Concerning: Notice of Expiration of Oil and Gas Leases This Administrative appeal concerns the ownership and validity of Northern Ute (the “Tribe”) Tribal leases acquired by Tiger Energy Partners International, LLC (TEPI) in a transaction with Mountain Oil and Gas and its affiliated companies. Pursuant to the Global Settlement Agreement (GSA) negotiated between the Tribe and TEPI, the Company proposes to resolve any issues regarding the ownership of the subject leases and other lands thus acquired. The status of the appeal by TEPI remained unchanged at December 31, 2017, awaiting decision by the Regional Director of the BIA on the merits of the appeal. The decision of the Regional Director is stayed by the parties having entered into the GSA. The Tribe and Tiger remain in discussion regarding approval of the Global Settlement Agreement by the Regional Director. Labokay Well – Parish of Calcasieu, State of Louisiana R.W. Delaney Construction Company vs. Foothills Petroleum Operating, Inc. (Cause No. 2017-CV-0330 – County Court of Adams County, Mississippi) This case was filed on September 18, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $72,495 in connection with drilling the Labokay test well in Calcasieu Parish, Louisiana. A judgment was entered on January 22, 2018, in the County Court of Adams County, Mississippi in the principal amount of $72,495, plus pre-judgement interest in the amount of $12,763, plus attorney’s fees in the amount of $18,124, plus costs in the amount of $196, for a total amount of $103,578, plus post-judgment interest at the rate of 8% per annum. On May 9, 2018, District Court for the City and County of Denver, Colorado, granted plaintiff with an order granting their petition to domesticate this foreign judgment with the Denver District Court, which now has the same effect and is subject to the same procedures, defenses, and proceedings for reopening, vacating, or staying as a judgment from the Denver District Court, and may be enforced or satisfied in like manner. No further action filed in this matter as of the date of this current quarterly report. Performance Drilling Company, LLC vs. Foothills Petroleum Operating, Inc. (Case No. 2017-3916 DIV G 14 th This case was filed on September 25, 2017, for payment of services performed by plaintiff in the amount of $205,251 for unpaid accounts in connection with its drilling of the Labokay test well. On January 16, 2018, a default judgment was entered against FPOI, in the amount of $205,251.24; together with accrued interest of $29,861 from March 18, 2017, through December 31, 2017; plus, additional interest from January 1, 2018, at the rate of one and one-half percent (1.5%) per month until paid (a per diem rate of $103.69); plus, an additional sum for reasonable attorney’s fees of $2,500, and all costs of the court proceedings. As of September 30, 2018, we recorded $57,570.33 of prejudgment interest expense. On July 27, 2018, FPOI was cited to appear through its authorized representative, B.P. Allaire, in Open Court, on 27 th Monster Rentals, LLC dba Deepwell Equipment Rentals vs. Foothills Petroleum Operating, Inc. (Case No. 2017-11013 DIV E – 15 th This case was filed on October 24, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $53,943.53 in connection with the Labokay test well in Calcasieu Parish, Louisiana. On December 5, 2017, a default judgement was entered against FPOI in favor of Plaintiff in the amount of $53,943.53, plus attorneys’ fees of $3,483 and court costs and expenses in the amount of $476.84, plus judicial interest from the date of the judicial demand, until paid, and for all costs of these proceedings. No further action filed in this matter as of the date of this current quarterly report. Canal Petroleum Products, Inc. vs. Foothills Petroleum Operating, Inc. (Case No. 2017-6574; DIV. C – 15 th This case was filed on November 14, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $35,981 for unpaid accounts in connection with its drilling of the Labokay test well. On January 25, 2018, a default judgment was entered against FPOI in the amount of $35,981 inclusive of interest as of September 6, 2017; plus, finance charges to accrue after September 6, 2017, of one and one-half percent per month (18% per annum) until paid on the unpaid principal amount of $32,956; plus, legal fees of $8,239 together with related court costs. As of September 30, 2018, we recorded $9,451.51 of prejudgment interest expense. Smith International, Inc. vs. Foothills Petroleum Operating, Inc. (Case No. 2017-004617; DIV. E – 14 th This case was filed on November 7, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $30,244 in connection with its drilling of the Labokay test well. On March 23, 2018, the court issued a preliminary judgement in favor of plaintiff in the amount of $30,244, plus interest in the contractual amount of 18% per annum from the date the payment was originally due until the judgment date, plus legal interest from the judgment date until amounts are paid, plus reasonable attorneys’ fees. On April 3, 2018, a final judgment was entered in favor of plaintiff. No further action filed in this matter as of the date of this current quarterly report. As of September 30, 2018, we recorded $3,906.90 of prejudgment interest expense. M-I, L.L.C. d/b/a MI-SWACO vs. Foothills Petroleum Operating, Inc. (Case No. 2017-004616; DIV. G – 14 th This case was filed on November 7, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $51,275 in connection with the Labokay test well. On March 23, 2018, the court issued a preliminary judgment in favor of plaintiff in the amount of $51,275, plus interest in the contractual amount of 1.5% per month from the date the payment was originally due until the judgement date, plus legal interest from the judgment date until amounts are paid, plus reasonable attorney’s fees expended in the prosecution and collection of debt. On April 3, 2018, a final judgment was entered in favor of plaintiff. No further action filed in this matter as of the date of this current quarterly report. As of September 30, 2018, we recorded $8,460 of prejudgment interest expense. Schlumberger Technology Corporation vs. Foothills Petroleum Operating, Inc. (Case No. 2017-004618; DIV. E – 14 th This case was filed on November 7, 2017 and concerns the collection of amounts incurred by FPOI for services performed by plaintiff in the amount of $28,904 for unpaid accounts in connection with its drilling of the Labokay test well in Calcasieu Parish, Louisiana. On March 23, 2018, the court issued a preliminary judgment in favor of plaintiff in the amount of $28,904, plus interest in the contractual amount of 1.5% per month from the date the payment was originally due until the judgment date, plus legal interest from the judgment date until amounts are paid, plus reasonable attorney’s fees expended in the prosecution and collection of debt. On April 3, 2018, a final judgment was entered in favor of plaintiff. No further action filed in this matter as of the date of this current quarterly report. Zealous Energy Services, LLC vs. Foothills Petroleum Operating, Inc. (Docket No. 086708 Div. C 16 th On September 28, 2018, the Court after reviewing the record of these proceedings, found the law and evidence supported Plaintiff’s demands and, without holding a hearing, ruled as follows: the Court ordered, adjudged and decreed that a money judgement be rendered in favor of Zealous Energy Services, LLC and against Foothills Petroleum Operating, Inc. in the full and true amount of $53,026.58, plus interest at the judicial interest rate of 5% per annum from January 24, 2018, the date of judicial demand, until finally paid, plus attorney’s fees of $1,260.00 and all cost. As of September 30, 2018, and December 31, 2017, the balance of other liabilities was $249,851 and $305,935, respectively. During the three months ended September 30, 2018 and 2017, we recorded $22,826 and $0 in other liabilities. During the nine months ended September 30, 2018 and 2017, we recorded $42,295 and $0 in other liabilities.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 12 – Subsequent Events Issuance of restricted shares of common stock to service providers On October 9, 2018, the Board of Directors of the Company approved and authorized an aggregate of 540,000 shares of common stock to various service providers for their continued service and additional attention rendered to the Company. Execution of Non-binding Letter of Intent On October 31, 2018, Foothills Exploration, LLC, an indirect subsidiary of the Company, signed a non-binding letter of intent to acquire certain producing natural gas properties in Wyoming. The properties cover approximately 18,000 gross acres with the majority of the acreage held by stripper gas production. Closing of this transaction is subject to (i) completion of due diligence currently under way, (ii) negotiation and execution of definitive acquisition agreements, (iii) availability of adequate financing, and (iv) other customary closing conditions. Extension of New Credit 8% secured note with a 1,250 BOE Volumetric Production Payment due October 22, 2019 On October 22, 2018, the Company issued a term sheet to an unaffiliated investor for a promissory note in the principal amount of $50,000.00 with a Volumetric Production Payment (“VPP”) equal to 1,250 barrels of oil equivalent (“BOE”). The Note has a maturity date of October 22, 2019, with the Principal and accrued unpaid interest due in full at Maturity. VPP will be made after deduction of 20% royalties due to mineral owners, paid within the term on the Note and at the discretion of the Company as to amount and volume; provided, however, Pursuant to this Note, the investor shall be assigned an un undivided one-half percent (0.5%) overriding royalty interest (“ORRI”) in all oil, gas and other minerals produced, saved, and marketed from each well now or hereinafter located on wells owned by the Company, subject to the terms of the Leases covering such wells. Upon any default in payment of principal hereunder, the Company shall pay interest on the principal balance of this Note then outstanding and on the accrued but unpaid interest from the date of such default until such default is cured and the Note paid in full at the rate of Fifteen Percent (15%). The Company agreed to issue the investor 200,000 shares of the Company’s restricted common stock as additional consideration for entering into the Note with the Company. Pursuant to this Note, Investor has the right to participate in any future offering by the Company for a period of twelve (12) months for an amount equal to the principal amount detailed in this Term Sheet. So long as the Note is outstanding, if the Company enters into a subsequent financing with another individual or entity (a third party) on terms that are more favorable to that third party, the agreements between the Company and the investor shall be amended to include such better terms. 12% unsecured convertible note with 10% original issue discount due May 1, 2019 On November 1, 2018, the Company entered into a loan transaction with an unaffiliated investor (“Holder”), which funded and closed on November 5, 2018. The Company issued the lender a convertible promissory note (“Note”) dated November 1, 2018, in the principal amount of $380,000 with an original issue discount of 10% and received proceeds of $342,000, before giving effect to certain transactional costs including legal fees on November 5, 2018. As part of this transaction the Company also issued (i) 650,000 shares of the Company’s restricted common stock and two tranches of warrants : (ii) tranche 1 are warrants having a 5-year term to purchase 687,500 shares of the Company’s restricted common stock at an exercise price of $0.20 per share with cashless exercise option and (ii) tranche 2 are warrants having a 5-year term to purchase 2,062,500 shares of the Company’s restricted common stock at an exercise price of $0.20 per share with cashless exercise option. Tranche 2 warrants may be redeemed by the Company for $20,000 (“Call Payment”) beginning on the date of issuance, November 1, 2018, and ending on the date which is 180 calendar days following the issuance date (the “Call”). If Company exercises the Call, then the Company shall make the Call Payment to the Holder within five business days of the date that the Company exercises the Call. If the Call Payment is not made within the required time frame, then the Company will lose its right to exercise the Call for the tranche 2 warrants. The Note accrues interest at 12% per year, and is due and payable on May 1, 2019 (“Maturity Date”). The Company may prepay the Note without prepayment penalty if prepaid during the first 180 days following issuance date. No prepayment is permitted after the initial 180 days from issuance. The warrants are subject to adjustment in certain events such as forward or reverse stock splits or if subsequent financings are at terms that are more favorable to persons in subsequent issuances of securities. The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price equal to the lesser of (i) 50% multiplied by the lowest trading price during the previous twenty (20) trading day period ending on the latest complete trading day prior to the date of this Note and (ii) the alternate conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Company relating to the Company’s securities or the securities of any subsidiary of the Company, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The “Alternate Conversion Price” means 50% multiplied by the Market Price. “Market Price” means the lowest trading price for the common stock during the twenty (20) trading day period ending on the latest complete trading day prior to the conversion date. Should Holder exercise its conversion rights upon terms provided within the Note, the interests of our shareholders may be materially diluted and a change in control could occur. Net proceeds obtained in this transaction were used to retire its outstanding loan obligation to FirstFire Global Opportunities Fund, LLC, and for general corporate and working capital purposes. No broker-dealer or placement agent was retained or involved in this transaction. The transaction documents contain additional terms and provisions, representations and warranties, including further provisions covering conversions of debt, remedies on default, venue, and governing law. The summary of the transactions described in this current quarterly report is qualified in its entirety by reference to the Securities Purchase Agreement, the Convertible Promissory Note and Forms of Warrants, which are filed as Exhibits 10.1, 10.2, 10.3 and 10.4 respectively, to the Form 8-K filed on November 13, 2018. Retirement of 8% convertible promissory note due August 17, 2018 On November 6, 2018, the Company made a payment of $220,000 to FirstFire Global Opportunities Fund, LLC, representing a final and completed settlement of the Company’s outstanding obligations pursuant to the convertible promissory note dated November 17, 2017.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The financial statements include the accounts of Foothills Exploration, Inc., and all of its direct and indirect wholly-owned subsidiaries including Foothill Petroleum, Inc., Foothills Petroleum Operating, Inc., Foothills Exploration Operating, Inc., Foothills Exploration LLC, Tiger Energy Partners International, LLC, Tiger Energy Operating, LLC and Tiger Energy Mineral Leasing, LLC. Intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation and Functional Currency	Basis of Presentation and Functional Currency Pursuant to the rules and regulations of the Securities and Exchange Commission for Form 10-Q, the unaudited condensed consolidated financial statements, footnote disclosures and other information normally included in consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. The condensed consolidated financial statements contained in this report are unaudited but, in the opinion of management, reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of the consolidated financial statements. All significant inter-company accounts and transactions have been eliminated in consolidation. The results of operations for any interim period are not necessarily indicative of results for the full year. The condensed consolidated balance sheet at December 31, 2017 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America and are expressed in United States dollars (USD).
Use of Estimates	Use of Estimates 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.
Reclassifications	Reclassifications Certain reclassifications have been made to amounts in prior year to conform to the current year presentation. All reclassifications have been applied consistently to the periods presented and had no effects on previously reported results of operations.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid debt instruments with maturity of three months or less.
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 current assets section of our consolidated balance sheet. At September 30, 2018 and December 31, 2017, the Company had restricted cash of $120,000 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, covered under a certain Modification to Stipulated Order between the Utah Division of Oil, Gas and Mining and TEPI dated August 1, 2014 (Case No. SI/TA-102). These funds held in escrow, will be released to the Company once the Company finishes its reclamation of the various wells in question. During July and August 2018, $120,000 was released to the Company when we finished reclamation of two wells.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts receivable and allowance for doubtful accounts Accounts receivable are stated at the historical carrying amount net of an allowance for uncollectible accounts. The carrying amount of the Company’s accounts receivable approximates fair value because of the short-term nature of the instruments. The Company routinely assesses the collectability of all material trade and other receivables. Trade accounts receivable comprise receivables from joint interest owners which are recorded when the Company incurs expenses on behalf of the non-operator interest owners of the properties the Company operates. The Company’s oil and gas revenues receivable comprise receivables from purchasers of the Company’s production of oil and gas and other hydrocarbons and from operators of properties in which the Company has a non-operated interest, as well as from joint interest owners of properties the Company operates. As of September 30, 2018, the Company applied $889,493 of net revenue receivable from EOG Resources, the operator of two wells in which the Company has a working interest, to costs incurred of drilling two wells by EOG Resources. During the nine months ended September 30, 2018, those costs were $1,607,677. See Note 4 – Property and Equipment. The Company’s reported balance of accounts receivable, net of allowance for doubtful accounts, represents management’s estimate of the amount that ultimately will be realized in cash or used in the future to offset an operator’s joint interest billings. The Company reviews the adequacy of the allowance for doubtful accounts on an ongoing basis, using historical payment trends, the age of the receivables and knowledge of the individual customers or joint interest owners. When the analysis indicates, management increases or decreases the allowance accordingly. However, if the financial condition of our customers were to deteriorate, additional allowances might be required.
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 unproved 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.
Support Facilities and Equipment	Support Facilities and Equipment Our support facilities and equipment are generally located in proximity to certain of our principal fields. Depreciation of these support facilities is calculated on a units-of-production basis. Maintenance and repair costs that do not extend the useful lives of property and equipment are charged to expense as incurred.
Proved Reserves	Proved Reserves Estimates of the Company’s proved reserves included in this report are prepared in accordance with US GAAP and guidelines from the United States Securities and Exchange Commission (“SEC”). The Company’s engineering estimates of proved oil and natural gas reserves directly impact financial accounting estimates, including depreciation, depletion, amortization expense and impairment. Proved oil and natural gas reserves are the estimated quantities of oil and natural gas reserves that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under period-end economic and operating conditions. The process of estimating quantities of proved reserves is very complex, requiring significant subjective decisions in the evaluation of all geological, engineering and economic data for each reservoir. The accuracy of a reserves estimate is a function of: (i) the quality and quantity of available data; (ii) the interpretation of that data; (iii) the accuracy of various mandated economic assumptions, and (iv) the judgment of the persons preparing the estimate. The data for a given reservoir may change substantially over time as a result of numerous factors, including additional development activity, evolving production history and continual reassessment of the viability of production under varying economic conditions. Changes in oil and natural gas prices, operating costs, and expected performance from a given reservoir also will result in revisions to the amount of the Company’s estimated proved reserves. The Company engages independent reserve engineers to estimate its proved reserves.
Fixed Assets	Fixed Assets The Company capitalizes expenditures related to property and equipment not directly associated with our production of oil and gas, 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. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Office equipment – 3 years Vehicle(s) – 5 years Land – not depreciated
Asset Retirement Obligations	Asset Retirement Obligations The Company follows the provisions of the Accounting Standards Codification ASC 410 - Asset Retirement and Environmental Obligations. The fair value of an asset retirement obligation is recognized in the period in which it is incurred if a reasonable estimate of fair value can be made. The present value of the estimated asset retirement costs is capitalized as part of the carrying amount of the long-lived asset. The Company’s asset retirement obligations relate to the abandonment of oil and gas producing facilities and facilities that support the production of oil and gas. The amounts recognized are based upon numerous estimates and assumptions, including future retirement costs, future inflation rates and the credit-adjusted risk-free interest rate. After recording these amounts, the ARO will be accreted to its future estimated value using the same assumed cost of funds, and the capitalized costs are depreciated on a unit-of-production basis. Both the accretion and the depreciation will be included in depreciation, depletion and amortization expense on our consolidated statements of operations.
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 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: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. The Company considers active markets as those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. ● Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. This category includes those derivative instruments that the Company values using observable market data. Substantially all of these inputs are observable in the marketplace throughout the term of the derivative instruments, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace. ● Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e. supported by little or no market activity). Level 3 instruments include derivative warrant instruments. The Company does not have sufficient corroborating evidence to support classifying these assets and liabilities as Level 1 or Level 2. The Company analyzes all financial instruments with features of both liabilities and equity under ASC 480, “Distinguishing Liabilities from Equity,” and ASC 815. The carrying amounts of the Company’s financial assets and liabilities, including cash, prepaid expenses, accounts payable, accrued expenses, and other current liabilities, approximate their fair values because of the short maturity of these instruments. The fair value of notes payable and convertible notes approximates their fair values since the current interest rates and terms on these obligations are the same as prevailing market rates. Certain of the Company’s debt and equity instruments include embedded derivatives that require bifurcation from the host contract under the provisions of ASC 815-40, Derivatives and Hedging. The estimated fair value of the derivative warrant instruments was calculated using a Black Scholes valuation model. The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017: Fair Value Measurement at Carrying Value September 30, 2018 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 454,444 — — 454,444 Carrying Value December 31, 2017 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 458,387 — — 458,387 The Company did not identify any other assets and liabilities that are required to be presented on the consolidated balance sheet at fair value.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with the requirements of ASC 606, which directs that it should recognize revenue when a customer obtains control of promised goods or services for an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. All of our revenue is attributable to sales of oil, gas, and other hydrocarbons which are sold daily, with sales aggregated on a monthly basis. In the case of revenue received for a non-operated working interest, we are paid by the operator, which is a joint interest partner and not the purchaser of the product. In the case of revenue received for an operated working interest, we are paid by the marketer to whom we sell the commodities directly pursuant to contractual arrangements.
Debt Issuance Costs, Debt Discount and Detachable Debt-Related Warrants	Debt Issuance Costs, Debt Discount and Detachable Debt-Related Warrants Costs incurred to issue debt are deferred and recorded as a reduction to the debt balance in our consolidated balance sheets. We amortize debt issuance costs over the expected term of the related debt using the effective interest method. Debt discounts relate to the relative fair value of warrants issued in conjunction with the debt and are also recorded as a reduction to the debt balance and accreted over the expected term of the debt to interest expense using the effective interest method.
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.” The Company’s earnings (loss) per share are computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share reflects the potential dilution of securities, if any, that could share in the earnings (loss) of the Company and are calculated by dividing net income by the diluted weighted average number of common shares. The diluted weighted average number of common shares is computed using the treasury stock method for common stock that may be issued for outstanding stock options, warrants, and convertible debt. For the Three Months Ended September 30, For the Nine Months Ended September 30, 2018 2017 2018 2017 Numerator: Net income (loss) available to stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Basic net income allocable to participating securities (1) - - - - Income (loss) available to Foothills Exploration, Inc.’s stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Denominator: Weighted average number of common shares outstanding-Basic 16,522,827 14,618,019 15,593,318 14,270,627 Effect of dilutive securities: Options and warrants (2) - - - - Stock payable (3) 539,600 120,000 539,600 120,000 Weighted average number of common shares outstanding-Diluted 17,062,427 14,738,019 16,132,918 7,496,571 Net income (loss) per share: Basic (0.04 ) (0.07 ) (0.20 ) (0.31 ) Diluted (0.04 ) (0.07 ) (0.19 ) (0.31 ) (1) Restricted share awards that contain non-forfeitable rights to dividends are participating securities and, therefore, are included in computing earnings using the two-class method. Participating securities, however, do not participate in undistributed net losses. (2) For the three and nine months ended September 30, 2018, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,783,515 and 2,783,515 shares were antidilutive and, therefore, excluded from the diluted share calculation. For the three and nine months ended September 30, 2017, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,366,015 and 2,366,015 shares were antidilutive and, therefore, excluded from the diluted share calculation. (3) For the three and nine months ended September 30, 2018, stock payable representing 539,600 and 539,600 shares were anti-dilutive. For the three and nine months ended September 30, 2017, stock payable representing 120,000 and 120,000 shares were 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 consolidated financial statements based upon their estimated fair values. The Company accounts for stock, stock options, and stock warrants issued for services and compensation by employees under the fair value method. For non-employees, the fair market value of the Company’s stock is measured on the date of stock issuance or the date an option/warrant is granted as appropriate under ASC 718 “Compensation – Stock Compensation”. The Company determined the fair market value of the warrants/options issued under the Black-Scholes Pricing Model. Under the provisions of ASC 718, share-based compensation cost is measured at the grant date, based on the fair value of the award, and is recognized as an expense over the employee’s requisite service period (generally the vesting period of the equity grant). 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 November 2016, the FASB issued ASC Update No. 2016-18 (Topic 230) Statement of Cash Flows – Restricted Cash (a consensus of the FASB Emerging Issues Task Force). The amendments in this update require that restricted cash and restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. Current GAAP does not include specific guidance on the cash flow classification and presentation of changes in restricted cash. The updated guidance is effective for interim and annual periods beginning after December 15, 2017 and is required to be applied using a retrospective transition method to each period presented. The Company implemented this guidance effective January 1, 2018. Implementing this guidance did not have a material impact on the Company’s statement of cash flows. 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 In July 2017, the FASB issued Accounting Standards Update No. 2017-11, Accounting for Certain Financial Instruments with Down Round Features 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 consolidated financial statements. In June 2018, the FASB issued “ASU 2018-07 - Compensation - Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting”. The amendments in this update expand the scope of Topic 718 to include share-based payment transactions for acquiring goods and services from nonemployees. An entity should apply the requirements of Topic 718 to nonemployee awards except for specific guidance on inputs to an option pricing model and the attribution of cost (that is, the period of time over which share-based payment awards vest and the pattern of cost recognition over that period). The amendments specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations by issuing share-based payment awards. The amendments also clarify that Topic 718 does not apply to share-based payments used to effectively provide (1) financing to the issuer or (2) awards granted in conjunction with selling goods or services to customers as part of a contract accounted for under Topic 606, Revenue from Contracts with Customers. The updated standard is effective for the Company beginning after December 15, 2018, including interim periods within that fiscal year. Early adoption of the new guidance is permitted, but no earlier than an entity’s adoption date of Topic 606. The Company does not expect that the adoption of this standard will have a material effect on its condensed consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Assets	Depreciation is calculated using the straight-line method over the estimated useful lives of the assets. Office equipment – 3 years Vehicle(s) – 5 years Land – not depreciated
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis	The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017: Fair Value Measurement at Carrying Value September 30, 2018 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 454,444 — — 454,444 Fair Value Measurement at Carrying Value December 31, 2017 Level 1 Level 2 Level 3 Derivative assets, debt and equity instruments $ — $ — $ — $ — Derivative liabilities, debt and equity instruments 458,387 — — 458,387
Schedule of Net Earnings (Loss) Per Common Share	The diluted weighted average number of common shares is computed using the treasury stock method for common stock that may be issued for outstanding stock options, warrants, and convertible debt. For the Three Months Ended September 30, For the Nine Months Ended September 30, 2018 2017 2018 2017 Numerator: Net income (loss) available to stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Basic net income allocable to participating securities (1) - - - - Income (loss) available to Foothills Exploration, Inc.’s stockholders (723,904 ) (997,365 ) (3,114,205 ) (4,414,642 ) Denominator: Weighted average number of common shares outstanding-Basic 16,522,827 14,618,019 15,593,318 14,270,627 Effect of dilutive securities: Options and warrants (2) - - - - Stock payable (3) 539,600 120,000 539,600 120,000 Weighted average number of common shares outstanding-Diluted 17,062,427 14,738,019 16,132,918 7,496,571 Net income (loss) per share: Basic (0.04 ) (0.07 ) (0.20 ) (0.31 ) Diluted (0.04 ) (0.07 ) (0.19 ) (0.31 ) (1) Restricted share awards that contain non-forfeitable rights to dividends are participating securities and, therefore, are included in computing earnings using the two-class method. Participating securities, however, do not participate in undistributed net losses. (2) For the three and nine months ended September 30, 2018, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,783,515 and 2,783,515 shares were antidilutive and, therefore, excluded from the diluted share calculation. For the three and nine months ended September 30, 2017, “out of the money” stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,366,015 and 2,366,015 shares were antidilutive and, therefore, excluded from the diluted share calculation. (3) For the three and nine months ended September 30, 2018, stock payable representing 539,600 and 539,600 shares were anti-dilutive. For the three and nine months ended September 30, 2017, stock payable representing 120,000 and 120,000 shares were anti-dilutive.

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2018
Support Equipment and Facilities [Member]
Schedule of Property and Equipment	The Company’s support facilities and equipment serve its oil and gas production activities. The following table summarizes these properties and equipment, together with their estimated useful lives: September 30, 2018 December 31, 2017 Tank $ 30,000 $ 30,000 Vehicle 69,446 69,446 Uinta Basin facilities 170,570 Accumulated depreciation (531 ) (31 ) Construction in progress (1) - 22,087 Total support facilities and equipment, net $ 269,485 $ 121,502 (1) Facilities constructed in conjunction with drilling for our two exploratory horizontal wells in Uintah County, Utah, not subject to depreciation. During the months ended September 30, 2018, construction-in-progress was reclassified to Uinta Basin facilities and became eligible for depreciation upon the completion of the construction.
Oil and Gas Properties [Member]
Schedule of Oil and Gas Properties, Net	The carrying values of the Company’s oil and gas properties, net of depletion, depreciation, amortization, and impairment at September 30, 2018 and December 31, 2017 are set forth below in the following table: September 30, 2018 December 31, 2017 Unproved leasehold (1) $ 979,978 $ 977,936 Proved leasehold 13,176,778 10,094,760 Properties subject to depletion, net of depletion 306,806 580,158 Exploratory wells – construction-in-progress (1) (2) - 1,479,282 Total $ 14,463,562 $ 13,132,136 (1) Not subject to depletion; (2) Reclassified from exploratory to properties subject to amortization at September 30, 2018.
Schedule of Cost Incurred in Oil and Gas Properties	Exploration and Depreciation, Depletion, Amortization, Year Acquisition Development Disposition and Incurred Costs Costs of Assets Impairment Total 2016 and prior $ 10,252,568 $ 1,181,421 $ — $ — $ 11,433,989 2017 — 3,223,931 — (1,525,784 ) 1,698,147 2018 — 1,636,809 (305,383 ) 1,331,426 Total $ 10,252,568 $ 6,042,161 $ — $ (1,831,167 ) $ 14,463,562
Office Furniture, Equipment, and Other [Member]
Schedule of Property and Equipment	As of September 30, 2018 and December 31, 2017, office furniture, equipment, and other consisted of the following: September 30, 2018 December 31, 2017 Computer equipment and fixtures $ 22,453 $ 22,453 Accumulated depreciation (14,230 ) (8,632 ) Office furniture, equipment, and other, net $ 8,223 $ 13,821

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	9 Months Ended
	Sep. 30, 2018
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Changes in Asset Retirement Obligation	The following table provides a reconciliation of the changes in the estimated present value of asset retirement obligations for the nine months ended September 30, 2018 and December 31, 2017. For the period ended September 30, 2018 December 31, 2017 Beginning asset retirement obligations $ 303,327 $ 291,659 Liabilities established 23,709 — Accretion expense 9,574 11,668 Ending asset retirement obligations $ 336,610 $ 303,327

Notes Payable (Tables)

Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Outstanding Amounts of Notes Payable	A summary of the outstanding amounts of our notes payable as of September 30, 2018 and December 31, 2017 is as follows: September 30, 2018 December 31, 2017 9% unsecured note payable due May 6, 2017 (1) $ - $ - 13.5% unsecured note payable due September 8, 2017 (2) 1,050,000 1,050,000 0% unsecured note payable due January 2, 2018 (3) 250,000 250,000 12% unsecured note payable September 30, 2018 (4) 120,629 120,629 0% unsecured note payable due August 6, 2018 (5) 38,000 - 9% unsecured note payable due December 15, 2018(6) 100,000 - Less: unamortized discount (18,587 ) (2,264 ) Total debt 1,540,042 1,418,365 Less: current maturities 1,540,042 1,418,365 Long-term debt, net of current maturities - - At September 30, 2018, the principal amounts due under our debt agreements were all classified as current on our Consolidated Balance Sheets. (1) On December 30, 2016, 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 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. On August 14, 2017, we repaid $1,000,000 in principal and $20,000 in accrued interest and reclassified the remaining accrued interest of $30,000 as a gain on extinguishment of debt. (2) Effective August 9, 2017, Foothills borrowed $1,050,000 from Profit Well Limited, a Hong Kong limited liability company. 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 primarily used to repay Full Wealth for the debenture dated June 1, 2017. On November 3, 2017, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. Profit Well Limited also reaffirmed its belief that the Company will either extend or repay the obligation to the satisfaction of Profit Well. As partial consideration for the deferment, the Company agreed to issue Profit Well Limited 100,000 shares of its restricted common stock, valued at $48,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On February 28, 2018, Profit Well and the Company agreed to extend the maturity date of the debenture to June 30, 2018, and as consideration for the extension, the Company agreed to compensate Profit Well with 200,000 shares of restricted common stock valued at $46,700. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). In addition, the parties agreed that if payment of said principal and interest due and payable is made late, then a penalty payment of $100,000 shall become due and payable to Profit Well by the Company. On June 30, 2018, we recorded $100,000 penalty as additional interest payable. The penalty payment was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On July 29, 2018, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate Profit Well with 100,000 shares of restricted common stock valued at $12,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (3) On September 29, 2017, the Company issued to an unaffiliated investor a promissory note and three tranches of warrants for an aggregate consideration of $250,000. The Note recites that it accrues no interest if paid when due and is due and payable on January 2, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 15% per year until paid. On November 6, 2017, the Company agreed to compensate the investor with 75,000 shares of the Company’s restricted common stock in connection with a more favorable term of a note entered into with FirstFire Global Opportunities Fund, LLC. On December 30, 2017, the Company and the investor agreed to extend the maturity date of this Note to January 23, 2018, in return for a payment at maturity of the principal, accrued interest as provided in the Note, plus 30,000 shares of the Company’s restricted common stock. Because the fair value of the shares was greater than 10% of the present value of the remaining cash flows under the Note, the issuance of the shares in connection with a more favorable term of a note entered with FirstFire Global Opportunities Fund, LLC, was treated as a debt extinguishment and reissuance of a new debt instrument pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). Since January 23, 2018, the Company and the investor have been in ongoing discussions to extend the term of this Note. On March 28, 2018, the investor acknowledged that the Company is not in default ● 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $0.665 per share expiring on September 29, 2019; ● 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $1.25 per share expiring on September 29, 2020; and ● 185,000 warrants to purchase 185,000 shares of common stock of the Company at a strike price of $2.00 per share expiring on September 29, 2020. (4) A promissory note was issued on November 1, 2017, for services rendered, bearing an interest rate of 12% per annum and with a maturity date of June 30, 2018. On August 22, 2018, the Note Holder agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. As partial consideration for the deferment, the Company agreed to issue the Note Holder 60,000 shares of its restricted common stock. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (5) On July 19, 2018, the Company borrowed $38,000 from an unaffiliated investor with an original discount of $3,207. The Note recites that it accrues no interest if paid when due and is due and payable on August 6, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 10% per year until paid. In connection with the issuance of this note, the Company issued 300,000 shares for late SEC filing, valued at $36,000. $74 imputed interest was recorded as debt discount. $74 was determined using the present value method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 0.05 year. The relative aggregate value of the shares and imputed interest was determined to be $32,793 using the allocation of proceed, $32,793 was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. Pursuant to this Note, the investor shall be assigned an undivided two percent (2%) overriding royalty of all oil, gas, and other minerals and hydrocarbons produced, saved, and sold from each well now or hereinafter located on certain leases and wells owned by the Company. On August 23, 2018, the lender agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate the lender with 15,000 shares of restricted common stock valued at $1,950. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). During the nine months ended September 30, 2018, the Company amortized the remaining $38,000 of such discount to interest expense. At September 30, 2018, $38,000 of principal was outstanding under the Note. (6) On September 14, 2018, the Company borrowed $100,000 from an unaffiliated investor, bearing an interest rate of 9% per annum and with a maturity date of December 15, 2018. In connection with the issuance of this note, the Company issued 250,000 shares of its common stock, valued at $22,500, which was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized $3,913 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $18,587 and $100,000 of principal was outstanding under the Note.

Notes Payable - Related Party (

Notes Payable - Related Party (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Notes Payable - Related Party	September 30, 2018 December 31, 2017 13.25% unsecured note payable due May 5, 2017 (1) $ 1,250,000 $ 1,250,000 0% unsecured note payable due September 30, 2018 (2) 6,000,000 6,000,000 Less: unamortized discount of imputed interest of 4% (2) - (114,268 ) Total debt 7,250,000 7,135,732 Less: current maturities 7,250,000 7,135,732 Long-term debt, net of current maturities $ - $ - (1) Effective January 5, 2017, Foothills borrowed $1,250,000 from Berwin Trading Limited that, due to its 20% beneficial ownership in the Company, is a related party. This note called for interest at 9% per annum; but because it was not paid when due interest was to have accrued at a default rate of 11% from the due date of the note. 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. (2) On December 30, 2016, in connection with the TBL acquisition, Foothills entered into a promissory note in the amount of $6,000,000. This note bears no interest during its term. The Company calculated and recorded $342,804 of imputed interest as debt discount.

Convertible Note Payable (Table

Convertible Note Payable (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Note Payable	September 30, 2018 December 31, 2017 10% convertible note payable due May 10, 2018 (1) $ 50,000 $ 50,000 8% convertible note payable due August 16, 2018 (2) 117,500 267,500 13.5% convertible note payable due February 11, 2020 (3) 44,000 - Less: unamortized debt discount on convertible notes (1)(2)(3) (13,500 ) (224,228 ) Total debt 198,000 93,272 Less: current maturities 167,500 93,272 Long-term debt, net of current maturities $ 30,500 $ - (1) 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, which is due on May 10, 2018. This note may, at the option of the lender, be converted at any time prior to May 10, 2018, 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 convertible note until May 10, 2018. On November 7, 2017, the Company issued 50,000 warrants to purchase 50,000 shares of common stock of the Company at a strike price of $1.00 per share expiring on May 7, 2019. If the Company fails to pay the principal and accrued unpaid interest due and payable to Lender on or before the due date of the convertible note, then the Lender shall be provided the right to convert at either $0.665 per share or upon the same terms offered in FirstFire Global Opportunities Fund, LLC Note’s conversion options. The relative fair value of warrant was determined to be $3,381 on November 7, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 years. The issuance of the warrants in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). On September 17, 2018, the note holder agreed to defer repayment of this note to December 15, 2018, the Company agreed to compensate the note holder with 50,000 shares of restricted common stock valued at $4,500. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). (2) On November 17, 2017, the Company issued to FirstFire Global Opportunities Fund, LLC, (“FirstFire”) an unaffiliated investor, a senior convertible promissory note in the principal amount of $267,500 and received proceeds of $250,000 before giving effect to certain transactional costs including legal fees. As part of this transaction the Company also issued (i) warrants having an 18-month term, to purchase 267,500 shares of the Company’s common stock at an exercise price of $1.00 per share and (ii) 60,000 shares of the Company’s restricted common stock. This note accrues interest of 8% per annum and is due and payable on August 17, 2018. The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price of the lower of (i) $0.665 per share or (ii) 50% of the lowest per share market values during the twenty (20) trading days immediately preceding a conversion date. If the lowest traded price of the Common Stock is less than the Conversion Price on the date following the Conversion Date on which the Holder actually receives from the Company, then the Conversion Price shall be deemed to have been retroactively adjusted, as of the Conversion Date, to a price equal to 75% multiplied by the lowest closing price of the Common Stock on the Free Trading Shares Receipt Date. This note is secured by a personal guaranty from the Company’s Executive Chairman, Kevin Sylla. The net proceeds of this note will be used for general corporate and working capital purposes. The aggregate relative fair value of the warrant was determined to be $10,750 on November 17, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 year. Fair value of 60,000 shares of common stock was determined to be $18,250 using allocation of proceeds. The Company accounted for the conversion feature as a derivative valued at $288,964, of which $67,964 was expensed immediately to interest expense. $288,964 was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.75 year. The aggregate value of the original debt discount, warrant, conversion feature and 60,000 shares of common stock of $267,500 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. As of December 31, 2017, Company accounted for the conversion feature as a derivative valued at $458,387 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.6 year. As of September 30, 2018, Company accounted for the conversion feature as a derivative valued at $454,444 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 225%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.07 year. On June 6, 2018, the Company made a principal payment in the amount of $100,000. Furthermore, the Company agreed to pay the remaining balance of $229,025 on or before thirty-five (35) days from June 5 th th (3) On August 11, 2018, the Company borrowed $44,000 from an unaffiliated investor, bearing an interest rate of 12.5% per annum and with a maturity date of February 11, 2020. As part of this transaction the Company also issued (i) warrants having a 24-month term, to purchase 100,000 shares of the Company’s common stock at an exercise price of $0.665 per share and (ii) 44,000 shares of the Company’s restricted common stock. The Note agreements give the lender the right to convert the loan amounts due into common stock at a fixed conversion price of $0.20. The aggregate relative fair value of the warrant was determined to be $9,035 on August 11, 2018, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 221%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 2 year. Fair value of 44,000 shares of common stock was determined to be $5,280 using market price. The aggregate value of the warrant and 44,000 shares of common stock of $14,315 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized the $815 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $13,500 and $44,000 of principal was outstanding under the Note.
Schedule of Fair Value of Embedded Derivatives	The following table reconciles, for the period ended September 30, 2018, the beginning and ending balances for financial instruments that are recognized at fair value in the consolidated financial statements: Balance of embedded derivative as of December 31, 2017 $ 458,387 Additions related to embedded conversion features of convertible debt issued Change in fair value of conversion features 195,760 Reductions in fair value due to principal repayments (199,703 ) Balance of embedded derivatives at September 30, 2018 $ 454,444

Common Stock (Tables)

Common Stock (Tables)	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Schedule of Stock Warrant Activity	The following table summarizes all stock warrant activity for the nine months ended September 30, 2018: Number of Warrants Weighted Average Weighted Average Term Balance outstanding, December 31, 2017 2,683,515 $ 1.56 2.65 Granted 100,000 0.67 1.87 Exercised - - - Cancelled or expired - - - Balance outstanding, September 30, 2018 2,783,515 $ 1.48 1.90 Exercisable, September 30, 2018 2,783,515 $ 1.48 1.90
Schedule of Stock Option Activity	The following table summarizes all stock option activity for the nine months ended September 30, 2018: Number of Option Weighted Average Exercise Price Weighted Average Remaining Contractual Term Balance outstanding, December 31, 2017 2,050,000 $ 2.21 6.26 Granted - - - Exercised - - - Cancelled or expired - - - Balance outstanding, September 30, 2018 2,050,000 $ 2.21 5.51 Exercisable, September 30, 2018 1,350,000 $ 2.33 5.71

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Contractual Lease Obligations	Information regarding all the Company’s contractual lease obligations, at September 30, 2018, is set forth in the following table. Operating Leases 2018 (3 Months) $ 405 2019 1,620 2020 1,215 Total $ 3,240

Organization (Details Narrative

Organization (Details Narrative) - shares	May 16, 2016	May 02, 2016
Forward stock split ratio	4:1 forward split of our shares of common stock.
Foothills Petroleum Inc. [Member]
Number of acquired shares pre-split		14,100,000
Number of acquired shares post-split		56,400,000
Percentage of voting interest acquired by parent		96.00%

Going Concern (Details Narrativ

Going Concern (Details Narrative)	Sep. 30, 2018USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Working capital deficit	$ 15,392,166

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Restricted cash	$ 120,000	$ 240,000
Accounts receivable - oil and gas		$ 31,924
Cost incurred to own shares of interest	1,607,677
EOG Resources, Inc. [Member]
Accounts receivable - oil and gas	889,493
July and August 2018 [Member]
Value on reclamation of two wells	$ 120,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Estimated Useful Lives of Assets (Details)	9 Months Ended
	Sep. 30, 2018
Office Equipment [Member]
Estimated Useful Lives	3 years
Vehicles [Member]
Estimated Useful Lives	5 years
Land [Member]
Estimated Useful Lives, Description	Not depreciated

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Derivative assets, debt and equity instruments
Derivative liabilities, debt and equity instruments	454,444	458,387
Level 1 [Member]
Derivative assets, debt and equity instruments
Derivative liabilities, debt and equity instruments
Level 2 [Member]
Derivative assets, debt and equity instruments
Derivative liabilities, debt and equity instruments
Level 3 [Member]
Derivative assets, debt and equity instruments
Derivative liabilities, debt and equity instruments	$ 454,444	$ 458,387

Summary Significant Accounting

Summary Significant Accounting Policies - Schedule of Net Earnings (Loss) Per Common Share (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Accounting Policies [Abstract]
Net income (loss) available to stockholders		$ (723,904)	$ (997,365)	$ (3,114,205)	$ (4,414,642)
Basic net income allocable to participating securities	[1]
Income (loss) available to Foothills Exploration, Inc.'s stockholders		$ (723,904)	$ (997,365)	$ (3,114,205)	$ (4,414,642)
Weighted average number of common shares outstanding-Basic		16,522,827	14,618,019	15,593,318	14,270,627
Options and warrants	[2]
Stock Payable	[3]	539,600	120,000	539,600	120,000
Weighted average number of common shares outstanding-Diluted		17,062,427	14,738,019	16,132,918	7,496,571
Net income (loss) per share Basic		$ (0.04)	$ (0.07)	$ (0.20)	$ (0.31)
Net income (loss) per share Diluted		$ (0.04)	$ (0.07)	$ (0.19)	$ (0.31)
[1]	Restricted share awards that contain non-forfeitable rights to dividends are participating securities and, therefore, are included in computing earnings using the two-class method. Participating securities, however, do not participate in undistributed net losses.
[2]	For the three and nine months ended September 30, 2018, "out of the money" stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,783,515 and 2,783,515 shares were antidilutive and, therefore, excluded from the diluted share calculation. For the three and nine months ended September 30, 2017, "out of the money" stock options representing 2,050,000 and 2,050,000 shares and warrants representing 2,366,015 and 2,366,015 shares were antidilutive and, therefore, excluded from the diluted share calculation.
[3]	For the three and nine months ended September 30, 2018, stock payable representing 539,600 and 539,600 shares were anti-dilutive. For the three and nine months ended September 30, 2017, stock payable representing 120,000 and 120,000 shares were anti-dilutive.

Summary Significant Accountin_2

Summary Significant Accounting Policies - Schedule of Net Earnings (Loss) Per Common Share (Details) (Parenthetical) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Stock Options [Member]
Antidilutive securities excluded from computation of earnings per share, amount	2,050,000		2,050,000
Warrants [Member]
Antidilutive securities excluded from computation of earnings per share, amount	2,783,515	2,366,015	2,783,515	2,366,015
Stock Options [Member]
Antidilutive securities excluded from computation of earnings per share, amount		2,050,000		2,050,000
Stock Payable [Member]
Antidilutive securities excluded from computation of earnings per share, amount	539,600	120,000	539,600	120,000

Property and Equipment (Details

Property and Equipment (Details Narrative)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)aft²
Percentage of ownership interest acquired					21.62%
Revenue interest rate of percentage					17.10%
Incurred cost for wells			$ 1,607,677		$ 1,479,282
Costs for drilling and completing two well	$ 3,086,959		3,086,959
Area of land | ft²					8,795
Incurred costs					$ 1,209,675
Costs charged to impairment expense					1,352,982
Impairment of oil and gas property		$ 45,419		$ 1,328,637
Depreciation, depletion and amortization of oil and gas	305,383		305,383		18,017
Office Furniture, Equipment, and Other [Member]
Depreciation expense	1,886	1,886	5,598	5,598
Support Equipment and Facilities [Member]
Depreciation expense	147	$ 0	531	$ 0
Total Belief Limited [Member]
Promissory note					6,000,000
Unamortization of debt discount					(342,804)
Springs Project [Member]
Incurred costs					3,750
Impairment of oil and gas property					154,787
Duck Creek Wells [Member]
Incurred costs					291,659
Capitalized workover costs	$ 8,821		8,821		79,989
Fremont County, Wyoming [Member]
Incurred costs					$ 22,691
Utah [Member]
Area of land | a					6,000
Incurred costs			20,000		$ 100,191
Paw Paw and Ironwood [Member]
Incurred cost for exploration and development			$ 312		$ 379,498

Property and Equipment - Schedu

Property and Equipment - Schedule of Oil and Gas Properties, Net (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Total oil and gas properties		$ 14,733,047	$ 13,253,638
Oil and Gas Properties [Member]
Unproved leasehold	[1]	979,978	977,936
Proved leasehold		13,176,778	10,094,760
Properties subject to depletion, net of depletion		306,806	580,158
Exploratory wells - construction-in-progress	[1],[2]		1,479,282
Total oil and gas properties		$ 14,463,562	$ 13,132,136
[1]	Not subject to depletion
[2]	Reclassified from exploratory to properties subject to amortization at September 30, 2018.

Property and Equipment - Sche_2

Property and Equipment - Schedule of Cost Incurred in Oil and Gas Properties (Details)	9 Months Ended
	Sep. 30, 2018USD ($)
Acquisition Costs	$ 1,607,677
Oil and Gas Properties [Member]
Acquisition Costs	10,252,568
Exploration and Development Costs	6,042,161
Disposition of Assets
Depreciation, Depletion, Amortization, and Impairment	(1,831,167)
Net cost Incurred in Oil and Gas Properties	14,463,562
Oil and Gas Properties [Member] | 2016 and Prior [Member]
Acquisition Costs	10,252,568
Exploration and Development Costs	1,181,421
Disposition of Assets
Depreciation, Depletion, Amortization, and Impairment
Net cost Incurred in Oil and Gas Properties	11,433,989
Oil and Gas Properties [Member] | 2017 [Member]
Acquisition Costs
Exploration and Development Costs	3,223,931
Disposition of Assets
Depreciation, Depletion, Amortization, and Impairment	(1,525,784)
Net cost Incurred in Oil and Gas Properties	1,698,147
Oil and Gas Properties [Member] | 2018 [Member]
Acquisition Costs
Exploration and Development Costs	1,636,809
Disposition of Assets
Depreciation, Depletion, Amortization, and Impairment	(305,383)
Net cost Incurred in Oil and Gas Properties	$ 1,331,426

Property and Equipment - Sche_3

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Fixed assets, net		$ 8,223	$ 13,821
Office Furniture, Equipment, and Other [Member]
Accumulated depreciation		(14,230)	(8,632)
Construction in progress
Fixed assets, net		8,223	13,821
Computer Equipment and Fixtures [Member] | Office Furniture, Equipment, and Other [Member]
Properties and equipment, gross		22,453	22,453
Support Equipment and Facilities [Member]
Accumulated depreciation		(531)	(31)
Construction in progress	[1]		22,087
Fixed assets, net		269,485	121,502
Support Equipment and Facilities [Member] | Tank [Member]
Properties and equipment, gross		30,000	30,000
Support Equipment and Facilities [Member] | Vehicle [Member]
Properties and equipment, gross		69,446	69,446
Support Equipment and Facilities [Member] | Uinta Basin Facilities [Member]
Properties and equipment, gross		$ 170,570
[1]	Facilities constructed in conjunction with drilling for our two exploratory horizontal wells in Uintah County, Utah, not subject to depreciation. During the months ended September 30, 2018, construction-in-progress was reclassified to Uinta Basin facilities and became eligible for depreciation upon the completion of the construction.

Asset Retirement Obligation (De

Asset Retirement Obligation (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Asset Retirement Obligation Disclosure [Abstract]
Accretion expense	$ 3,507	$ 2,917	$ 9,574	$ 8,751

Asset Retirement Obligation - S

Asset Retirement Obligation - Schedule of Changes in Asset Retirement Obligations (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Asset Retirement Obligation Disclosure [Abstract]
Beginning asset retirement obligations	$ 303,327	$ 291,659
Liabilities established	23,709
Accretion expense	9,574	11,668
Ending asset retirement obligations	$ 336,610	$ 303,327

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)	Aug. 11, 2018	Nov. 17, 2017	Nov. 07, 2017	Sep. 29, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Fair value of warrant			$ 3,381
Amortization of debt discount amount							$ 416,695	$ 172,534
Debt principal amount	$ 44,000	$ 267,500	$ 50,000		$ 50,000		50,000
Warrant exercise price , description				The exercise price of these investor warrants was adjusted to $0.665 per share. We measured the value of the effect of the down round feature as the difference between the fair value of the financial instrument at an original exercise price of $1.50 and an adjusted exercise price of $0.665
Number of common stock shares issued			50,000	136,015
Warrants to purchase common stock			50,000	136,015
Warrant exercise price per share		$ 1	$ 1	$ 1
Interest expense				$ 59,801	254,486	$ 127,891	1,169,327	377,566
Promissory Note [Member]
Amortization of debt discount amount					43,194	1,132	45,458	1,132
Interest expense					132,767	23,626	359,202	71,571
Shares issued for extension					$ 21,676	$ 0	68,376	0
Penalty payment							100,000	$ 0
Wilshire Energy Partners, LLC [Member]
Number of common stock shares issued				100,752
Warrants to purchase common stock				100,752
Expected Life [Member]
Fair value assumptions input, term	2 years	1 year 6 months	1 year 6 months	3 years
Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member]
Fair value assumptions input, percentages	221.00%	78.00%	77.00%	94.00%
Black-Scholes Option Pricing Model [Member] | Discount Rate [Member]
Fair value assumptions input, percentages	0.00%	0.00%	0.00%	0.00%
Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member]
Fair value assumptions input, percentages	0.00%	0.00%	0.00%	0.00%
Tranche Three Warrant [Member]
Fair value of warrant				$ 105,000
Unamortization of debt discount				$ 2,536
Debt instrument interest rate				4.00%
Amortization of debt discount amount				$ 107,536			$ 2,264
Debt principal amount									$ 250,000
Warrant exercise price , description				Each tranche of warrants is subject to down round adjustment provisions if the Company during the term of that tranche issues additional securities for consideration per share, after giving effect to fees, commission and expenses, that is less, or which on conversion or exercise of the underlying security is less, than $0.665 per share (as adjusted for any change resulting from forward or reverse splits, stock dividends and similar events).
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member]
Fair value assumptions input, percentages				94.00%
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Discount Rate [Member]
Fair value assumptions input, percentages				0.00%
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member]
Fair value assumptions input, percentages				0.00%
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Expected Life [Member]
Fair value assumptions input, term				3 months 4 days
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Expected Life [Member] | Minimum [Member]
Fair value assumptions input, term				2 years
Tranche Three Warrant [Member] | Black-Scholes Option Pricing Model [Member] | Expected Life [Member] | Maximum [Member]
Fair value assumptions input, term				3 years

Notes Payable - Schedule of Out

Notes Payable - Schedule of Outstanding Amounts of Notes Payable (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Less: current maturities		$ 1,540,042	$ 1,418,365
Unsecured Note Payable One [Member]
Total debt	[1]
Unsecured Note Payable Two [Member]
Total debt	[2]	1,050,000	1,050,000
Unsecured Note Payable Three [Member]
Total debt	[3]	250,000	250,000
Unsecured Note Payable Four [Member]
Total debt	[4]	120,629	120,629
Unsecured Note Payable Five [Member]
Total debt	[5]	38,000
Unsecured Note Payable Six [Member]
Total debt	[6]	100,000
Unamortization of debt discount		(18,587)
Unsecured Note Payable [Member]
Total debt		1,540,042	1,418,365
Less: current maturities		1,540,042	1,418,365
Long-term debt, net of current maturities
Unamortization of debt discount		$ (18,587)	$ (2,264)
[1]	On December 30, 2016, 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 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. On August 14, 2017, we repaid $1,000,000 in principal and $20,000 in accrued interest and reclassified the remaining accrued interest of $30,000 as a gain on extinguishment of debt.
[2]	Effective August 9, 2017, Foothills borrowed $1,050,000 from Profit Well Limited, a Hong Kong limited liability company. 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 primarily used to repay Full Wealth for the debenture dated June 1, 2017. On November 3, 2017, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. Profit Well Limited also reaffirmed its belief that the Company will either extend or repay the obligation to the satisfaction of Profit Well. As partial consideration for the deferment, the Company agreed to issue Profit Well Limited 100,000 shares of its restricted common stock, valued at $48,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"). On February 28, 2018, Profit Well and the Company agreed to extend the maturity date of the debenture to June 30, 2018, and as consideration for the extension, the Company agreed to compensate Profit Well with 200,000 shares of restricted common stock valued at $46,700. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"). In addition, the parties agreed that if payment of said principal and interest due and payable is made late, then a penalty payment of $100,000 shall become due and payable to Profit Well by the Company. On June 30, 2018, we recorded $100,000 penalty as additional interest payable. The penalty payment was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments - ("ASC 470-50"). On July 29, 2018, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate Profit Well with 100,000 shares of restricted common stock valued at $12,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"). On July 29, 2018, Profit Well Limited agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate Profit Well with 100,000 shares of restricted common stock valued at $12,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50").
[3]	On September 29, 2017, the Company issued to an unaffiliated investor a promissory note and three tranches of warrants for an aggregate consideration of $250,000. The Note recites that it accrues no interest if paid when due and is due and payable on January 2, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 15% per year until paid. On November 6, 2017, the Company agreed to compensate the investor with 75,000 shares of the Company’s restricted common stock in connection with a more favorable term of a note entered into with FirstFire Global Opportunities Fund, LLC. On December 30, 2017, the Company and the investor agreed to extend the maturity date of this Note to January 23, 2018, in return for a payment at maturity of the principal, accrued interest as provided in the Note, plus 30,000 shares of the Company’s restricted common stock. Because the fair value of the shares was greater than 10% of the present value of the remaining cash flows under the Note, the issuance of the shares in connection with a more favorable term of a note entered with FirstFire Global Opportunities Fund, LLC, was treated as a debt extinguishment and reissuance of a new debt instrument pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). Since January 23, 2018, the Company and the investor have been in ongoing discussions to extend the term of this Note. On March 28, 2018, the investor acknowledged that the Company is not in default regarding this Note and reaffirmed its belief that the Company will either extend the Note’s due date or repay its obligation on terms that are mutually satisfactory. The warrants have the following terms: 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $0.665 per share expiring on September 29, 2019; 375,000 warrants to purchase 375,000 shares of common stock of the Company at a strike price of $1.25 per share expiring on September 29, 2020; and 185,000 warrants to purchase 185,000 shares of common stock of the Company at a strike price of $2.00 per share expiring on September 29, 2020.
[4]	A promissory note was issued on November 1, 2017, for services rendered, bearing an interest rate of 12% per annum and with a maturity date of June 30, 2018. On August 22, 2018, the Note Holder agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture. As partial consideration for the deferment, the Company agreed to issue the Note Holder 60,000 shares of its restricted common stock. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50").
[5]	On July 19, 2018, the Company borrowed $38,000 from an unaffiliated investor with an original discount of $3,207. The Note recites that it accrues no interest if paid when due and is due and payable on August 6, 2018. If principal is not paid on or before maturity, interest will accrue at the rate of 10% per year until paid. In connection with the issuance of this note, the Company issued 300,000 shares for late SEC filing, valued at $36,000. $74 imputed interest was recorded as debt discount. $74 was determined using the present value method based on the following assumptions: (i) adjusted interest rate 4% (ii) expected life of 0.05 year. The relative aggregate value of the shares and imputed interest was determined to be $32,793 using the allocation of proceed, $32,793 was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. Pursuant to this Note, the investor shall be assigned an undivided two percent (2%) overriding royalty of all oil, gas, and other minerals and hydrocarbons produced, saved, and sold from each well now or hereinafter located on certain leases and wells owned by the Company. On August 23, 2018, the lender agreed to defer repayment of this note to a later date and acknowledged that the Company is not in default regarding this Debenture, and as consideration for the extension, the Company agreed to compensate the lender with 15,000 shares of restricted common stock valued at $1,950. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 “Debt – Modifications and Extinguishments” (“ASC 470-50”). During the nine months ended September 30, 2018, the Company amortized the remaining $38,000 of such discount to interest expense. At September 30, 2018, $38,000 of principal was outstanding under the Note.
[6]	On September 14, 2018, the Company borrowed $100,000 from an unaffiliated investor, bearing an interest rate of 9% per annum and with a maturity date of December 15, 2018. In connection with the issuance of this note, the Company issued 250,000 shares of its common stock, valued at $22,500, which was considered as debt discount upon issuance and will be amortized as interest over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized $3,913 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $18,587 and $100,000 of principal was outstanding under the Note.

Notes Payable - Schedule of O_2

Notes Payable - Schedule of Outstanding Amounts of Notes Payable (Details) (Parenthetical) - USD ($)	Sep. 17, 2018	Sep. 14, 2018	Aug. 23, 2018	Aug. 22, 2018	Aug. 11, 2018	Jul. 29, 2018	Jul. 19, 2018	Jun. 30, 2018	Feb. 28, 2018	Dec. 30, 2017	Nov. 17, 2017	Nov. 07, 2017	Nov. 06, 2017	Nov. 03, 2017	Nov. 01, 2017	Sep. 29, 2017	Sep. 29, 2017	Aug. 14, 2017	Aug. 10, 2017	Aug. 09, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jun. 01, 2017	May 18, 2017	Jan. 05, 2017
Debt principal amount					$ 44,000						$ 267,500	$ 50,000									$ 50,000		$ 50,000
Gain on extinguishment of debt																					54,951	$ 48,407	(8,734)	$ 48,407
Number of restricted stock award issued	50,000
Value of restricted stock award issued	$ 4,500
Warrants to purchase common stock												50,000				136,015	136,015
Warrant exercise price per share											$ 1	$ 1				$ 1	$ 1
Number of shares issued												50,000				136,015
Proceeds from issuance of stock																								270,000
Interest expense																$ 59,801					$ 254,486	$ 127,891	$ 1,169,327	$ 377,566
Expected Life [Member]
Fair value assumptions input, term					2 years						1 year 6 months	1 year 6 months				3 years
Tranche Three Warrant [Member]
Debt instrument interest rate																4.00%	4.00%
Debt principal amount																									$ 250,000
Unamortization of debt discount																$ 2,536	$ 2,536
Convertible Note Payable Two [Member]
Debt instrument interest rate																					8.00%		8.00%		8.00%
Debt maturity date																							Aug. 16, 2018		Aug. 16, 2018
Profit Well Limited [Member]
Number of restricted stock award issued																							400,000
Value of restricted stock award issued																			$ 1,050,000				$ 106,700
Profit Well Limited [Member] | Convertible Note Payable Two [Member]
Number of restricted stock award issued						100,000
Value of restricted stock award issued						$ 12,000
Unsecured Note Payable One [Member]
Debt instrument interest rate																					9.00%		9.00%		9.00%
Debt maturity date																							May 6, 2017		May 6, 2017
Unsecured Note Payable One [Member] | Full Wealth Investment Hong Kong Limited [Member]
Debt instrument interest rate																										10.00%
Debt principal amount																		$ 1,000,000										$ 1,000,000
Accrued interest																		20,000
Gain on extinguishment of debt																		$ 30,000
Unsecured Note Payable One [Member] | Full Wealth Investment Hong Kong Limited [Member] | Minimum [Member]
Debt instrument interest rate																											9.00%
Unsecured Note Payable One [Member] | Full Wealth Investment Hong Kong Limited [Member] | Maximum [Member]
Debt instrument interest rate																											13.50%
Unsecured Note Payable Two [Member]
Debt instrument interest rate																					13.50%		13.50%		13.50%
Debt maturity date																							Sep. 8, 2017		Sep. 8, 2017
Penalty payment								$ 100,000
Unsecured Note Payable Two [Member] | Profit Well Limited, Hong Kong Limited [Member]
Debt instrument interest rate																				13.50%
Debt maturity date																				Sep. 8, 2017
Debt principal amount																				$ 1,050,000
Number of restricted stock award issued									200,000					100,000
Value of restricted stock award issued									$ 46,700					$ 48,000
Penalty payment									$ 100,000
Unsecured Note Payable Three [Member]
Debt instrument interest rate																					0.00%		0.00%		0.00%
Debt maturity date																							Jan. 2, 2018		Jan. 2, 2018
Unsecured Note Payable Three [Member] | Unaffiliated Investor [Member] | Tranche One Warrant [Member]
Warrants to purchase common stock																375,000	375,000
Warrant exercise price per share																$ 0.665	$ 0.665
Warrant maturity date																	Sep. 29, 2019
Unsecured Note Payable Three [Member] | Unaffiliated Investor [Member] | Tranche Two Warrant[Member]
Warrants to purchase common stock																375,000	375,000
Warrant exercise price per share																$ 1.25	$ 1.25
Warrant maturity date																	Sep. 29, 2020
Unsecured Note Payable Three [Member] | Unaffiliated Investor [Member] | Tranche Three Warrant [Member]
Warrants to purchase common stock																185,000	185,000
Warrant exercise price per share																$ 2	$ 2
Warrant maturity date																	Sep. 29, 2020
Unsecured Note Payable Three [Member] | Unaffiliated Investor [Member] | Promissory Note and Three Tranches of Warrants [Member]
Debt instrument interest rate																15.00%	15.00%
Debt maturity date										Jan. 23, 2018						Jan. 2, 2018
Number of restricted stock award issued										30,000			75,000
Aggregate consideration of warrants																$ 250,000	$ 250,000
Unsecured Note Payable Three [Member] | Minimum [Member] | Unaffiliated Investor [Member] | Promissory Note and Three Tranches of Warrants [Member]
Debt instrument interest rate										10.00%
Unsecured Note Payable Four [Member]
Debt instrument interest rate															12.00%						12.00%		12.00%		12.00%
Debt maturity date															Jun. 30, 2018								Sep. 30, 2018		Sep. 30, 2018
Unsecured Note Payable Four [Member] | Note Holder [Member]
Number of restricted stock award issued				60,000
Unsecured Note Payable Five [Member]
Debt instrument interest rate							4.00%														0.00%		0.00%		0.00%
Debt maturity date																							Aug. 6, 2018		Aug. 6, 2018
Debt principal amount							$ 32,793														$ 38,000		$ 38,000
Number of restricted stock award issued			15,000
Value of restricted stock award issued			$ 1,950
Interest expense																							$ 38,000
Unsecured Note Payable Five [Member] | Oil Gas and Other Minerals [Member]
Royalty percentage							2.00%
Unsecured Note Payable Five [Member] | Expected Life [Member]
Fair value assumptions input, term							18 days
Unsecured Note Payable Five [Member] | Unaffiliated Investor [Member]
Debt instrument interest rate							10.00%
Debt principal amount							$ 38,000
Original discount							$ 3,207
Number of shares issued							300,000
Value of shares issued							$ 36,000
Unamortization of debt discount							74
Proceeds from issuance of stock							$ 32,793
Unsecured Note Payable Six [Member]
Debt instrument interest rate		9.00%																			9.00%		9.00%		9.00%
Debt maturity date		Dec. 15, 2018																					Dec. 15, 2018		Dec. 15, 2018
Debt principal amount		$ 100,000																			$ 100,000		$ 100,000
Number of shares issued		250,000
Value of shares issued		$ 22,500
Unamortization of debt discount																					$ 18,587		18,587
Interest expense																							$ 3,913

Notes Payable - Related Party_2

Notes Payable - Related Party (Details Narrative) - USD ($)	Sep. 17, 2018	Jul. 29, 2018	Jun. 30, 2018	Feb. 28, 2018	Nov. 03, 2017	May 04, 2017	Jan. 05, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Number of restricted stock award issued, shares	50,000
Number of restricted stock issued, value	$ 4,500
Amortization of discount										$ 416,695	$ 172,534
Berwin Trading Limited [Member]
Debt instrument, maturity date				Jun. 30, 2018		Jun. 20, 2017
Number of restricted stock award issued, shares		100,000		250,000	100,000					350,000
Number of restricted stock issued, value		$ 12,000		$ 58,375	$ 48,000		$ 1,250,000			$ 70,375
Penalty payment			$ 125,000	$ 125,000						125,000	0
Interest expense								$ 54,534	$ 99,668	435,859	295,306
Amortization of discount								0	57,143	114,268	171,402
Shares issued for extension								$ 12,000	$ 0	$ 70,375	$ 0
Berwin Trading Limited [Member] | Minimum [Member]
Debt interest rate						9.00%
Berwin Trading Limited [Member] | Maximum [Member]
Debt interest rate						13.50%

Notes Payable - Related Party -

Notes Payable - Related Party - Schedule of Notes Payable - Related Party (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Total debt		$ 7,250,000	$ 7,135,732
Less: current maturities		7,250,000	7,135,732
Long-term debt, net of current maturities
Unsecured Note Payable [Member]
Total debt	[1]	1,250,000	1,250,000
Unsecured Note Payable One [Member]
Total debt		6,000,000	6,000,000
Less: unamortized discount of imputed interest of 4%	[2]		$ (114,268)
[1]	Effective January 5, 2017, Foothills borrowed $1,250,000 from Berwin Trading Limited that, due to its 20% beneficial ownership in the Company, is a related party. This note called for interest at 9% per annum; but because it was not paid when due interest was to have accrued at a default rate of 11% from the due date of the note. 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.
[2]	On December 30, 2016, in connection with the TBL acquisition, Foothills entered into a promissory note in the amount of $6,000,000. This note bears no interest during its term. The Company calculated and recorded $342,804 of imputed interest as debt discount.

Notes Payable - Related Party_3

Notes Payable - Related Party - Schedule of Notes Payable - Related Party (Details) (Parenthetical) - USD ($)	Feb. 28, 2018	May 04, 2017	Sep. 30, 2018	Dec. 31, 2017	Aug. 11, 2018	Nov. 17, 2017	Nov. 07, 2017	Jan. 05, 2017	Dec. 30, 2016
Debt principal amount			$ 50,000		$ 44,000	$ 267,500	$ 50,000
Berwin Trading Limited [Member]
Debt instrument, maturity date	Jun. 30, 2018	Jun. 20, 2017
Unsecured Note Payable [Member]
Debt instrument interest rate			13.25%	13.25%
Debt instrument, maturity date			May 5, 2017	May 5, 2017
Unsecured Note Payable [Member] | Berwin Trading Limited [Member]
Borrowed amount								$ 1,250,000
Percentage of beneficial ownership								20.00%
Loan bear interest rate								9.00%
Debt default rate								11.00%
Unsecured Note Payable One [Member]
Debt instrument interest rate			0.00%	0.00%
Debt instrument, maturity date			Sep. 30, 2018	Sep. 30, 2018
Imputed interest rate			0.04	0.04
Debt principal amount									$ 6,000,000
Debt discount amount									$ 342,804

Convertible Note Payable (Detai

Convertible Note Payable (Details Narrative)	Sep. 17, 2018USD ($)shares	Sep. 13, 2018USD ($)shares	Sep. 06, 2018USD ($)shares	Aug. 11, 2018USD ($)$ / sharesshares	Aug. 11, 2018USD ($)$ / sharesshares	Jun. 06, 2018USD ($)shares	Nov. 17, 2017USD ($)Integer$ / sharesshares	Nov. 07, 2017USD ($)$ / sharesshares	Sep. 29, 2017USD ($)$ / sharesshares	May 10, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Number of common stock shares issued | shares								50,000	136,015
Warrants to purchase common stock | shares								50,000	136,015
Warrant exercise price per share | $ / shares							$ 1	$ 1	$ 1
Warrant expiration date								May 7, 2019
Conversion price per share | $ / shares				$ 0.665	$ 0.665			$ 0.665
Fair value of warrants								$ 3,381
Debt instrument repayment date	Dec. 15, 2018
Number of restricted stock award issued | shares	50,000
Number of restricted stock issued, value	$ 4,500
Proceeds from debt													$ 44,000	$ 50,000
Debt instrument face amount				$ 44,000	$ 44,000		$ 267,500	$ 50,000			$ 50,000		50,000
Proceeds from issuance of common stock														270,000
Interest expense									$ 59,801		254,486	$ 127,891	1,169,327	377,566
Derivative liability											454,444		454,444		$ 458,387
Debt principle payment													100,000
Amortization of debt discount amount													416,695	172,534
Unaffiliated Investor [Member]
Borrowing from unrelated party				$ 44,000	$ 44,000
Interest rate				12.50%	12.50%
Debt instrument, maturity date				Feb. 11, 2020
Number of common stock shares issued | shares				44,000
Warrants to purchase common stock | shares				100,000	100,000
Warrant exercise price per share | $ / shares				$ 0.665	$ 0.665
Conversion price per share | $ / shares				$ 0.20	$ 0.20
Fair value of warrants				$ 9,035
Number of restricted stock award issued | shares				44,000
Warrant term				24 months
Debt instrument face amount											44,000		44,000
Number of common stock value issued				$ 14,315
Fair value of common stock, shares | shares				44,000	44,000
Fair value of market price				$ 5,280	$ 5,280
Amortization of debt discount amount													815
Unamortization of debt discount											13,500		13,500
Investor [Member]
Number of restricted stock award issued | shares						150,000
Number of restricted stock issued, value						$ 30,000
First Fire Opportunity Fund LLC [Member]
Interest rate						10.00%	8.00%
Debt instrument, maturity date							Aug. 17, 2018
Number of common stock shares issued | shares		25,000	100,000				60,000
Warrants to purchase common stock | shares							267,500
Warrant exercise price per share | $ / shares							$ 1
Conversion price per share | $ / shares							$ 0.665
Fair value of warrants							$ 10,750
Number of restricted stock award issued | shares							60,000
Proceeds from debt							$ 250,000
Warrant term							18 months
Debt instrument face amount							$ 267,500
Conversion percentage							50.00%
Trading days | Integer							20
Debt conversion description						The Company agreed to pay the remaining balance of $229,025 on or before thirty-five (35) days from June 5th, 2018. The Note may be converted if the Note Balance is not paid on or before thirty-five (35) days from June 5th 2018.	The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price of the lower of (i) $0.665 per share or (ii) 50% of the lowest per share market values during the twenty (20) trading days immediately preceding a conversion date. If the lowest traded price of the Common Stock is less than the Conversion Price on the date following the Conversion Date on which the Holder actually receives from the Company, then the Conversion Price shall be deemed to have been retroactively adjusted, as of the Conversion Date, to a price equal to 75% multiplied by the lowest closing price of the Common Stock on the Free Trading Shares Receipt Date.
Proceeds from issuance of common stock							$ 18,250
Converted derivative value							288,964
Interest expense							$ 67,964				67,185	1,680	374,266	1,959
Debt principle payment			$ 50,000			$ 100,000
Remaining balance						$ 229,025
Number of common stock value issued		$ 11,250	9,000
Amortization of debt discount amount											9,386	0	255,043	0
Amount for shares issued for note extension											$ 24,750	$ 0	$ 24,750	$ 0
First Fire Opportunity Fund LLC [Member] | October 26, 2018 [Member] | Debt Settled [Member]
Debt principle payment			$ 210,000
Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member] | Unaffiliated Investor [Member]
Fair value assumptions, measurement input, percentages				221.00%	221.00%
Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							78.00%				225.00%		225.00%		77.00%
Black-Scholes Option Pricing Model [Member] | Discount Rate [Member]
Fair value assumptions, measurement input, percentages				0.00%	0.00%		0.00%	0.00%	0.00%
Black-Scholes Option Pricing Model [Member] | Discount Rate [Member] | Unaffiliated Investor [Member]
Fair value assumptions, measurement input, percentages				0.00%	0.00%
Black-Scholes Option Pricing Model [Member] | Discount Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							0.00%				0.00%		0.00%		0.00%
Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member]
Fair value assumptions, measurement input, percentages				0.00%	0.00%		0.00%	0.00%	0.00%
Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member] | Unaffiliated Investor [Member]
Fair value assumptions, measurement input, percentages				0.00%	0.00%
Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							0.00%				0.00%		0.00%		0.00%
Black-Scholes Option Pricing Model [Member] | Expected Life [Member] | Unaffiliated Investor [Member]
Fair value assumptions, measurement input, term					2 years
Black-Scholes Option Pricing Model [Member] | Expected Life [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, term							9 months						26 days		7 months 6 days
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member]
Fair value assumptions, measurement input, percentages											77.00%		77.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Volatility Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							78.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Discount Rate [Member]
Fair value assumptions, measurement input, percentages											0.00%		0.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Discount Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							0.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member]
Fair value assumptions, measurement input, percentages											0.00%		0.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Expected Dividend Rate [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, percentages							0.00%
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Expected Life [Member]
Fair value assumptions, measurement input, term													1 year 6 months
Warrants [Member] | Black-Scholes Option Pricing Model [Member] | Expected Life [Member] | FirstFire Global Opportunities Fund, LLC [Member]
Fair value assumptions, measurement input, term							1 year 6 months
Private Placement [Member]
Common stock selling price percentage										100.00%
Debt instrument, convertible date										May 10, 2018
Convertible Note Agreement [Member]
Borrowing from unrelated party										$ 50,000
Interest rate										10.00%
Debt instrument, maturity date										May 10, 2018

Convertible Note Payable - Sche

Convertible Note Payable - Schedule of Convertible Note Payable (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Less: current maturities		$ 167,500	$ 93,272
Long-term debt, net of current maturities		30,500
Convertible Note Payable One [Member]
Total debt	[1]	50,000	50,000
Convertible Note Payable Two [Member]
Total debt	[2]	117,500	267,500
Convertible Note Payable Three [Member]
Total debt	[3]	44,000
Convertible Note Payable [Member]
Total debt		198,000	93,272
Less: unamortized debt discount on convertible notes	[1],[2],[3]	(13,500)	(224,228)
Less: current maturities		167,500	93,272
Long-term debt, net of current maturities		$ 30,500
[1]	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, which is due on May 10, 2018. This note may, at the option of the lender, be converted at any time prior to May 10, 2018, 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 convertible note until May 10, 2018. On November 7, 2017, the Company issued 50,000 warrants to purchase 50,000 shares of common stock of the Company at a strike price of $1.00 per share expiring on May 7, 2019. If the Company fails to pay the principal and accrued unpaid interest due and payable to Lender on or before the due date of the convertible note, then the Lender shall be provided the right to convert at either $0.665 per share or upon the same terms offered in FirstFire Global Opportunities Fund, LLC Note's conversion options. The relative fair value of warrant was determined to be $3,381 on November 7, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 years. The issuance of the warrants in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"). On September 17, 2018, the note holder agreed to defer repayment of this note to December 15, 2018, the Company agreed to compensate the note holder with 50,000 shares of restricted common stock valued at $4,500. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50").
[2]	On November 17, 2017, the Company issued to FirstFire Global Opportunities Fund, LLC, ("FirstFire") an unaffiliated investor, a senior convertible promissory note in the principal amount of $267,500 and received proceeds of $250,000 before giving effect to certain transactional costs including legal fees. As part of this transaction the Company also issued (i) warrants having an 18-month term, to purchase 267,500 shares of the Company's common stock at an exercise price of $1.00 per share and (ii) 60,000 shares of the Company's restricted common stock. This note accrues interest of 8% per annum and is due and payable on August 17, 2018. The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price of the lower of (i) $0.665 per share or (ii) 50% of the lowest per share market values during the twenty (20) trading days immediately preceding a conversion date. If the lowest traded price of the Common Stock is less than the Conversion Price on the date following the Conversion Date on which the Holder actually receives from the Company, then the Conversion Price shall be deemed to have been retroactively adjusted, as of the Conversion Date, to a price equal to 75% multiplied by the lowest closing price of the Common Stock on the Free Trading Shares Receipt Date. This note is secured by a personal guaranty from the Company's Executive Chairman, Kevin Sylla. The net proceeds of this note will be used for general corporate and working capital purposes. The aggregate relative fair value of the warrant was determined to be $10,750 on November 17, 2017, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 1.5 year. Fair value of 60,000 shares of common stock was determined to be $18,250 using allocation of proceeds. The Company accounted for the conversion feature as a derivative valued at $288,964, of which $67,964 was expensed immediately to interest expense. $288,964 was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 78%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.75 year. The aggregate value of the original debt discount, warrant, conversion feature and 60,000 shares of common stock of $267,500 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. As of December 31, 2017, Company accounted for the conversion feature as a derivative valued at $458,387 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 77%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.6 year. As of September 30, 2018, Company accounted for the conversion feature as a derivative valued at $454,444 which was determined using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 225%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 0.07 year. On June 6, 2018, the Company made a principal payment in the amount of $100,000. Furthermore, the Company agreed to pay the remaining balance of $229,025 on or before thirty-five (35) days from June 5th, 2018. The Note may be converted if the Note Balance is not paid on or before thirty-five (35) days from June 5th 2018. FirstFire agreed that the Note is not in default. As consideration for agreeing to provide the Company with this extension of time to pay, the Company issued the investor 150,000 shares of restricted common stock, valued at $30,000. Because the fair value of the shares was greater than 10% of the present value of the remaining cash flows under the Note, the issuance of the shares in connection with a more favorable term of a note entered with FirstFire, was treated as a debt extinguishment and reissuance of a new debt instrument pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"), On September 6, 2018, the Company agreed to make a principal payment in the amount of $50,000. Furthermore, the Company agreed to settle the debt for $210,000 on or before October 26, 2018, as consideration of extension, the Company issued 100,000 shares of common stock, at $9,000. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50"). On September 13, 2018, the Company agreed to issue an additional 250,000 shares of common stock for an extension, valued at $11,250. The issuance of the shares in exchange for the maturity extension was treated as a modification of existing debt pursuant to the guidance of ASC 470-50 "Debt - Modifications and Extinguishments" ("ASC 470-50').
[3]	On August 11, 2018, the Company borrowed $44,000 from an unaffiliated investor, bearing an interest rate of 12.5% per annum and with a maturity date of February 11, 2020. As part of this transaction the Company also issued (i) warrants having a 24-month term, to purchase 100,000 shares of the Company's common stock at an exercise price of $0.665 per share and (ii) 44,000 shares of the Company's restricted common stock. The Note agreements give the lender the right to convert the loan amounts due into common stock at a fixed conversion price of $0.20. The aggregate relative fair value of the warrant was determined to be $9,035 on August 11, 2018, using the Black-Scholes option-pricing model based on the following assumptions: (i) volatility rate of 221%, (ii) discount rate of 0%, (iii) zero expected dividend yield, and (iv) expected life of 2 year. Fair value of 44,000 shares of common stock was determined to be $5,280 using market price. The aggregate value of the warrant and 44,000 shares of common stock of $14,315 was considered as debt discount upon issuance and is being amortized to interest expense over the term of the Note or in full upon the conversion of the Note. During the nine months ended September 30, 2018, the Company amortized the $815 of such discount to interest expense. At September 30, 2018, unamortized debt discount was $13,500 and $44,000 of principal was outstanding under the Note.

Convertible Note Payable - Sc_2

Convertible Note Payable - Schedule of Convertible Note Payable (Details) (Parenthetical)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Convertible Note Payable One [Member]
Debt instrument interest rate	10.00%	10.00%
Debt instrument, maturity date	May 10, 2018	May 10, 2018
Convertible Note Payable Two [Member]
Debt instrument interest rate	8.00%	8.00%
Debt instrument, maturity date	Aug. 16, 2018	Aug. 16, 2018
Convertible Note Payable Three [Member]
Debt instrument interest rate	13.50%	13.50%
Debt instrument, maturity date	Feb. 11, 2020	Feb. 11, 2020

Convertible Note Payable - Sc_3

Convertible Note Payable - Schedule of Fair Value of Embedded Derivatives (Details)	9 Months Ended
	Sep. 30, 2018USD ($)
Debt Disclosure [Abstract]
Balance of embedded derivative, beginning	$ 458,387
Additions related to embedded conversion features of convertible debt issued
Change in fair value of conversion features	195,760
Reductions in fair value due to principal repayments	(199,703)
Balance of embedded derivatives, end	$ 454,444

Common Stock (Details Narrative

Common Stock (Details Narrative) - USD ($)	Sep. 17, 2018	Sep. 13, 2018	Aug. 22, 2018	Aug. 11, 2018	Jul. 29, 2018	Jun. 23, 2018	Jun. 05, 2018	Feb. 28, 2018	Nov. 17, 2017	Nov. 07, 2017	Nov. 03, 2017	Sep. 29, 2017	Aug. 10, 2017	Feb. 27, 2017	Jan. 05, 2017	May 27, 2016	May 19, 2016	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Number of restricted stock award issued	50,000
Debt instrument face amount				$ 44,000					$ 267,500	$ 50,000								$ 50,000		$ 50,000
Number of restricted stock issued, value	$ 4,500
Loss on extinguishment of debt																		$ 54,951	$ 48,407	$ (8,734)	$ 48,407
Common stock, shares authorized																		100,000,000		100,000,000		100,000,000
Number of common stock shares issued										50,000		136,015
Common stock, shares issued																		20,146,138		20,146,138		14,900,627
Common stock, shares outstanding																		20,146,138		20,146,138		14,900,627
Additional number of shares committed to be issued																		539,600		539,600
Number of shares issued and comitted to be issued																		20,685,738		20,685,738
Number of warrants to purchase common shares				100,000					267,500	50,000
Warrant exercise price per share									$ 1	$ 1		$ 1
Warrant expiration date										May 7, 2019
Fair value of warrants				$ 9,035					$ 10,750	$ 3,381
Debt conversion price per share				$ 0.665						$ 0.665
Warrant term				24 months					18 months
Number of stock option shares granted
Strike price
Option expenses																		$ 244,576	$ 244,576	$ 725,752	$ 571,563
Unamortized option expense																				$ 1,061,066
Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages				221.00%					78.00%	77.00%		94.00%
Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages				0.00%					0.00%	0.00%		0.00%
Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages				0.00%					0.00%	0.00%		0.00%
Expected Life [Member]
Fair value assumptions input, term				2 years					1 year 6 months	1 year 6 months		3 years
Warrants [Member]
Fair value of warrants																$ 2,144
Warrants [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages																120.00%
Warrants [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages																0.00%
Warrants [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages																0.00%
Warrants [Member] | Expected Life [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, term																5 years
Berwin Trading Limited [Member]
Number of restricted stock award issued					100,000			250,000			100,000									350,000
Number of restricted stock issued, value					$ 12,000			$ 58,375			$ 48,000				$ 1,250,000					$ 70,375
Profit Well Limited [Member]
Number of restricted stock award issued																				400,000
Number of restricted stock issued, value													$ 1,050,000							$ 106,700
Common stock, shares authorized																						100,000
Third Party [Member]
Number of restricted stock award issued																				659,000
Number of restricted stock issued, value																				$ 70,230
Common stock shares authorized but unissued																		354,600		354,600		105,000
Number of common stock shares issued																				409,400
Third Party [Member] | Promissory Note [Member]
Number of restricted stock award issued			60,000
Common stock shares authorized but unissued																		60,000		60,000
Mr. Christopher Jarvis [Member]
Number of stock option shares granted														400,000
Strike price														$ 1.99
Description of vesting period														vesting quarterly over two years commencing with the first quarter following the 90-day probationary period.
Fair value of stock option														$ 616,055
Mr. Christopher Jarvis [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														129.00%
Mr. Christopher Jarvis [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														0.00%
Mr. Christopher Jarvis [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														0.00%
Mr. Christopher Jarvis [Member] | Expected Life [Member]
Fair value assumptions input, term														5 years
Mr. Kevin Sylla [Member]
Number of stock option shares granted														1,200,000
Strike price														$ 1.99
Description of vesting period														vesting quarterly over the term of three years.
Fair value of stock option														$ 1,986,902
Mr. Kevin Sylla [Member] | Volatility Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														129.00%
Mr. Kevin Sylla [Member] | Discount Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														0.00%
Mr. Kevin Sylla [Member] | Expected Dividend Rate [Member] | Black-Scholes Option Pricing Model [Member]
Fair value assumptions input, percentages														0.00%
Mr. Kevin Sylla [Member] | Expected Life [Member]
Fair value assumptions input, term														7 years
First Option [Member] | Director One [Member]
Number of stock option shares granted																	50,000
Strike price																	$ 2
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.
Second Option [Member] | Director Two [Member]
Number of stock option shares granted																	50,000
Strike price																	$ 3
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.
Third Option [Member] | Director Three [Member]
Number of stock option shares granted																	50,000
Strike price																	$ 4
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.
Four Officers and Directors [Member] | Restricted Stock [Member]
Accrued wages and fees						$ 566,300
Conversion of restricted common stock, shares						3,836,111
Conversion of restricted common stock						$ 774,737
Loss on extinguishment of debt						$ 208,437
FirstFire [Member]
Number of restricted stock award issued		125,000					150,000
Debt instrument face amount							$ 267,500
Number of restricted stock issued, value							$ 30,000
Number of common stock shares issued
Wilshire Energy Partners, LLC [Member]
Number of common stock shares issued												100,752
Wilshire Energy Partners, LLC [Member] | Warrants One [Member]
Number of warrants to purchase common shares																100,000
Warrant exercise price per share																$ 1.25
Wilshire Energy Partners, LLC [Member] | Warrants Two [Member]
Number of warrants to purchase common shares																200,000
Warrant exercise price per share																$ 2
Wilshire Energy Partners, LLC [Member] | Warrants Three [Member]
Number of warrants to purchase common shares																400,000
Warrant exercise price per share																$ 3
Wilshire Energy Partners, LLC [Member] | Warrants [Member]
Warrant minimum exercisable term																1 year
Warrant expiration date																Jun. 1, 2021
Unrelated Party [Member] | Warrants One [Member]
Number of warrants to purchase common shares																125,000
Warrant exercise price per share																$ 1.25
Unrelated Party [Member] | Warrants Two [Member]
Number of warrants to purchase common shares																100,000
Warrant exercise price per share																$ 2
Unrelated Party [Member] | Warrants Three [Member]
Number of warrants to purchase common shares																100,000
Warrant exercise price per share																$ 3
Unrelated Party [Member] | Warrants [Member]
Warrant minimum exercisable term																1 year
Warrant expiration date																Jun. 1, 2021

Common Stock - Schedule of Stoc

Common Stock - Schedule of Stock Warrant Activity (Details) - Warrants [Member]	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Number of Warrants Balance outstanding, at beginning | shares	2,683,515
Number of Warrants Granted | shares	100,000
Number of Warrants Exercised | shares
Number of Warrants Cancelled or expired | shares
Number of Warrants Balance outstanding, at end | shares	2,783,515
Number of Warrants Exercisable, at end | shares	2,783,515
Weighted Average Exercise Price Balance outstanding, at beginning | $ / shares	$ 1.56
Weighted Average Exercise Price, Granted | $ / shares	0.67
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Cancelled or expired | $ / shares
Weighted Average Exercise Price, Balance outstanding, at end | $ / shares	1.48
Weighted Average Exercise Price, Exercisable, at end | $ / shares	$ 1.48
Weighted Average Remaining Term Contractual, Balance outstanding, at beginning	2 years 7 months 24 days
Weighted Average Remaining Term Contractual, Granted	1 year 10 months 14 days
Weighted Average Remaining Term Contractual, Balance outstanding, at end	1 year 10 months 25 days
Weighted Average Remaining Term Contractual, Exercisable	1 year 10 months 25 days

Common Stock - Schedule of St_2

Common Stock - Schedule of Stock Option Activity (Details)	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Equity [Abstract]
Number of Option Outstanding, Beginning Balance | shares	2,050,000
Number of Option, Granted | shares
Number of Option, Exercised | shares
Number of Option, Cancelled or Expired | shares
Number of Option Outstanding, Ending Balance | shares	2,050,000
Number of Option, Exercisable | shares	1,350,000
Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 2.21
Weighted Average Exercise Price, Granted | $ / shares
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Cancelled or Expired | $ / shares
Weighted Average Exercise Price, Ending Balance | $ / shares	2.21
Weighted Average Exercise Price, Exercisable | $ / shares	$ 2.33
Weighted Average Remaining Contractual Term, Beginning Balance	6 years 3 months 4 days
Weighted Average Remaining Contractual Term, Ending Balance	5 years 6 months 3 days
Weighted Average Remaining Contractual Term, Exercisable	5 years 8 months 16 days

Other Related Party Transacti_2

Other Related Party Transactions (Details Narrative) - USD ($)	Jun. 23, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Advances from related party			$ 1,250,000
Due to officers and directors		635,789		$ 362,714
Four Officers and Directors [Member] | Restricted Stock [Member]
Number of common stock convert of accrued wages and fees	$ 566,300
Number of common stock shares convert of accrued wages and fees	3,836,111
Wilshire Energy Partners, LLC [Member]
Advances from related party		181,083	0
Repayments of related party debt		$ 43,176	$ 0

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative) - USD ($)	Sep. 28, 2018	Sep. 11, 2018	Apr. 27, 2018	Mar. 23, 2018	Jan. 25, 2018	Jan. 22, 2018	Jan. 16, 2018	Dec. 18, 2017	Dec. 05, 2017	Nov. 14, 2017	Nov. 07, 2017	Oct. 24, 2017	Sep. 25, 2017	Sep. 18, 2017	Sep. 11, 2017	May 01, 2017	Oct. 05, 2016	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Aug. 11, 2018	Nov. 17, 2017
Lease expiration term																				Sep. 1, 2018
Other income																		$ 2,500		$ 25,407
Amount of claim													$ 205,251	$ 9,368
Settlement amount to other parties					$ 35,981		$ 205,251	$ 54,937
Pre-judgement interest								$ 5,248												$ 9,368	$ 29,861
Attorney's fees							$ 2,500
Percentage of post-judgement interest							1.50%
Interest rate per month																				1.50%
Description on plaintiff							The rate of one and one-half percent (1.5%) per month until paid (a per diem rate of $103.69)
Debt instrument face amount											$ 50,000							50,000		$ 50,000			$ 44,000	$ 267,500
Other liabilities																		249,852		249,852	$ 305,935
Contingent liabilities																		22,826	0	42,295		0
Graco Fishing & Rental Tools, Inc [Member]
Settlement amount																				159,965
Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments			$ 163,965
Performance Drilling Company, LLC [Member]
Pre-judgement interest																				57,570
Canal Petroleum Products, Inc [Member] | Lafayette Parish, Louisiana [Member]
Pre-judgement interest																				9,452
Attorney's fees																				$ 8,239
Interest rate per month																				18.00%
Debt instrument face amount																		32,956		$ 32,956
Smith International, Inc [Member] | Lafayette Parish, Louisiana [Member]
Settlement amount				$ 30,244
Amount of claim											30,244
Pre-judgement interest																				3,907
Interest rate per month				18.00%
M-I, L.L.C. d/b/a MI-SWACO [Member] | Lafayette Parish, Louisiana [Member]
Settlement amount				$ 51,275
Amount of claim											51,275
Pre-judgement interest																				8,460
Interest rate per month				1.50%
Schlumberger Technology Corporation [Member] | Lafayette Parish, Louisiana [Member]
Settlement amount				$ 28,904
Amount of claim											$ 28,904
Interest rate per month				1.50%
Zealous Energy Services, LLC [Member]
Pre-judgement interest	$ 53,027
Attorney's fees	$ 1,260
Percentage of post-judgement interest	5.00%
Labokay Test Well [Member]
Amount of claim									$ 53,944	$ 35,981		$ 53,944
Attorney's fees									$ 3,483
First Payment Due On May 9, 2018 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments
Second Payment Due On July 9, 2018 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments																				32,793
Third Payment Due On September 9, 2018 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments																				32,793
Fourth Payment Due On November 9, 2018 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments																				32,793
Fifth and Final Payment Due On January 9, 2019 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments																				32,793
Second Payment Due On July 19, 2018 [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments																				32,793
Third Payment [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member]
Sales installment payments		$ 32,793
Fourth Payment [Member] | Graco Fishing and Rental Tools, Inc. [Member] | Settlement Agreement [Member] | November 15, 2018 [Member]
Sales installment payments																				32,793
Denver Office Space [Member]
Lease term																39 months
Lease expiration term																Jul. 31, 2020
Payments for rental expenses																$ 10,051		25,801	8,931	25,801		8,931
Other income																		5,267	0	22,907		0
Houston Office Space [Member]
Payments for rental expenses																	$ 2,298	0	4,596	0		4,596
Accrual rent, payments																		6,492	$ 4,596	12,859		$ 4,596
Denver Office [Member] | Copier [Member]
Payments for rental expenses																		0		0
Accrual rent, payments																		$ 405		1,215
Denver Office [Member] | Through September 23, 2020 [Member] | Copier [Member]
Payments for rental expenses																				$ 135
Uintah County [Member]
Amount of claim															$ 49,689
Adams County [Member]
Sales installment payments						$ 196
Amount of claim						72,495
Settlement amount to other parties						103,578
Pre-judgement interest						12,763
Attorney's fees						$ 18,124
Percentage of post-judgement interest						8.00%

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Contractual Lease Obligations (Details)	Sep. 30, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2018 (3 Months)	$ 405
2,019	1,620
2,020	1,215
Total	$ 3,240

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)

Nov. 06, 2018USD ($)

Nov. 01, 2018USD ($)Integer$ / sharesshares

Oct. 22, 2018USD ($)Integer$ / sharesshares

Oct. 09, 2018shares

Sep. 17, 2018shares

Sep. 30, 2018USD ($)

Sep. 30, 2017USD ($)

Oct. 31, 2018a

Aug. 11, 2018USD ($)

Dec. 31, 2017ft²

Nov. 17, 2017USD ($)$ / shares

Nov. 07, 2017USD ($)$ / sharesshares

Sep. 29, 2017$ / sharesshares

Area of land to acquire natural gas properties | ft²

8,795

Principal amount of debt

$ 50,000

$ 44,000

$ 267,500

$ 50,000

Proceeds from debt

44,000

$ 50,000

Number of restricted stock award issued | shares

50,000

Number of warrants to purchase shares of restricted common stock | shares

50,000

136,015

Exercise price of warrants | $ / shares

$ 1

$ 1

$ 1

Payments of convertible debt

$ 100,000

Subsequent Event [Member]

Area of land to acquire natural gas properties | a

18,000

Subsequent Event [Member] | Retirement of 8% Convertible Promissory Note Due August 17, 2018 [Member] | FirstFire Global Opportunities Fund, LLC [Member]

Debt maturity date

Aug. 17, 2018

Debt interest rate

8.00%

Payments of convertible debt

$ 220,000

Subsequent Event [Member] | Board of Directors [Member]

Number of common stock shares issued for services | shares

540,000

Subsequent Event [Member] | Unaffiliated Investor [Member] | 8% Secured Note with 1,250 BOE Volumetric Production Payment Due October 22, 2019 [Member]

Principal amount of debt

$ 50,000

Debt maturity date

Oct. 22, 2019

Royalty percentage

20.00%

Debt instrument description

The Note has a maturity date of October 22, 2019, with the Principal and accrued unpaid interest due in full at Maturity. VPP will be made after deduction of 20% royalties due to mineral owners, paid within the term on the Note and at the discretion of the Company as to amount and volume; provided, however, that the VPP for any month shall not be less than 5% of the month's total crude oil sales. Payment may be made "in-kind" at the election of the Investor. If election is made by Investor to be paid "in-kind," then Investor shall bear responsibility for paying mineral owner royalties due on said "in-kind" payments. All VPP's to be made from the production of the Company's operating subsidiaries, Foothills Exploration Operating, Inc. and Tiger Energy Operating, LLC, from the well bores of the Company's Duck Creek wells, subject to the terms of the Leases covering such wells. Such VPP will continue until paid in full, regardless of payment in full of the Note and shall be secured by the assets. In the event that the West Texas Intermediate (WTI) crude oil market price closes below USD $40.00 per barrel for 10 consecutive trading days, the Investor shall be allocated a revised VPP equal to 2 times the remaining VPP barrels left over at that time. Pursuant to this Note, the investor shall be assigned an un undivided one-half percent (0.5%) overriding royalty interest (“ORRI”) in all oil, gas and other minerals produced, saved, and marketed from each well now or hereinafter located on wells owned by the Company, subject to the terms of the Leases covering such wells. Upon any default in payment of principal hereunder, the Company shall pay interest on the principal balance of this Note then outstanding and on the accrued but unpaid interest from the date of such default until such default is cured and the Note paid in full at the rate of Fifteen Percent (15%).

Market price of crude oil per barrel | $ / shares

$ 40

Number of trading days | Integer

10

Debt interest rate

8.00%

Number of restricted stock award issued | shares

200,000

Subsequent Event [Member] | Unaffiliated Investor [Member] | 8% Secured Note with 1,250 BOE Volumetric Production Payment Due October 22, 2019 [Member] | Overriding Royalty Interest [Member]

Royalty percentage

0.50%

Subsequent Event [Member] | Unaffiliated Investor [Member] | 8% Secured Note with 1,250 BOE Volumetric Production Payment Due October 22, 2019 [Member] | Barrels of Oil Equivalent [Member]

Number of barrels | Integer

1,250

Subsequent Event [Member] | Unaffiliated Investor [Member] | 12% Unsecured Convertible Note with 10% Original Issue Discount Due May 1, 2019 [Member]

Principal amount of debt

$ 380,000

Debt maturity date

May 1, 2019

Number of trading days | Integer

20

Debt interest rate

12.00%

Original issue discount percentage

10.00%

Proceeds from debt

$ 342,000

Number of restricted stock award issued | shares

650,000

Conversion price percentage description

The Note accrues interest at 12% per year, and is due and payable on May 1, 2019 (“Maturity Date”). The Company may prepay the Note without prepayment penalty if prepaid during the first 180 days following issuance date. No prepayment is permitted after the initial 180 days from issuance. The warrants are subject to adjustment in certain events such as forward or reverse stock splits or if subsequent financings are at terms that are more favorable to persons in subsequent issuances of securities. The Note agreements give the lender the right to convert the loan amounts due into common stock at a conversion price equal to the lesser of (i) 50% multiplied by the lowest trading price during the previous twenty (20) trading day period ending on the latest complete trading day prior to the date of this Note and (ii) the alternate conversion price (subject to equitable adjustments for stock splits, stock dividends or rights offerings by the Company relating to the Company’s securities or the securities of any subsidiary of the Company, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The “Alternate Conversion Price” means 50% multiplied by the Market Price. “Market Price” means the lowest trading price for the common stock during the twenty (20) trading day period ending on the latest complete trading day prior to the conversion date.

Subsequent Event [Member] | Unaffiliated Investor [Member] | 12% Unsecured Convertible Note with 10% Original Issue Discount Due May 1, 2019 [Member] | Tranche One Warrant [Member]

Warrant term

5 years

Number of warrants to purchase shares of restricted common stock | shares

687,500

Exercise price of warrants | $ / shares

$ 0.20

Subsequent Event [Member] | Unaffiliated Investor [Member] | 12% Unsecured Convertible Note with 10% Original Issue Discount Due May 1, 2019 [Member] | Tranche Two Warrant[Member]

Warrant term

5 years

Number of warrants to purchase shares of restricted common stock | shares

2,062,500

Exercise price of warrants | $ / shares

$ 0.20

Redeemable call payment

$ 20,000