ERHC Energy (ERHE) 10-Q 16 May 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2016	Apr. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ERHC Energy Inc
Entity Central Index Key	799,235
Current Fiscal Year End Date	--09-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		42,204,558
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016

UNAUDITED CONSOLIDATED BALANCE

UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2016	Sep. 30, 2015
Current assets:
Cash and cash equivalents	$ 1,254,000	$ 757,313
Investment in Oando Energy Resources	403,378	211,699
Deferred debt origination cost - short term	50,524	47,377
Prepaid expenses and other	286,947	207,636
Total current assets	1,994,849	1,224,025
Oil and gas properties	5,800,417	6,016,014
Furniture and equipment, net of accumulated depreciation of $482,656 and $445,626 at March 31, 2016 and September 30, 2015, respectively	97,319	133,349
Deferred debt origination cost - long term	0	14,333
Total assets	7,892,585	7,387,721
Current liabilities:
Accounts payable and accrued liabilities	553,466	989,083
Income tax payable	2,739,607	2,739,607
Convertible note payable, net of discount - short term	110,531	253,250
Derivative liability	475,983	725,898
Total current liabilities	3,879,587	4,707,838
Convertible note payable, net of discount - long term	0	2,874
Total liabilities	$ 3,879,587	$ 4,710,712
Commitments and contingencies:
Shareholders' equity:
Preferred stock, par value $0.0001; authorized 10,000,000 shares; none issued and outstanding	$ 0	$ 0
Common stock, par value $0.0001; authorized 3,000,000,000 shares; issued and outstanding 38,653,310 and 29,216,038 shares at March 31, 2016 and September 30, 2015, respectively	3,865	2,922
Additional paid-in capital	106,797,757	106,047,738
Accumulated other comprehensive loss	(944,049)	(1,135,728)
Accumulated deficits	(101,844,575)	(102,237,923)
Total shareholders' equity	4,012,998	2,677,009
Total liabilities and shareholders' equity	$ 7,892,585	$ 7,387,721

UNAUDITED CONSOLIDATED BALANCE3

UNAUDITED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 31, 2016	Sep. 30, 2015
Current assets:
Furniture and equipment, accumulated depreciation	$ 482,656	$ 445,626
Shareholder's equity:
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized (in shares)	3,000,000,000	3,000,000,000
Common stock, issued (in shares)	38,653,310	29,216,038
Common stock, outstanding (in shares)	38,653,310	29,216,038

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Costs and expenses:
General and administrative	$ 619,616	$ 520,695	$ 1,196,056	$ 1,349,168
Exploration expenses	375,172	1,926	780,656	447,914
Depreciation	18,476	19,380	37,030	38,716
Gain on sale of interest in oil and gas concessions, net	(2,070,000)	0	(2,727,805)	(239,515)
Total costs and expenses	(1,056,736)	542,001	(714,063)	1,596,283
Other income and (expenses):
Interest income	175	208	407	913
Gain on MTM of derivative liability	(217,381)	(48,925)	(104,997)	65,749
Loss on embedded derivatives	(34,484)	(727,072)	(34,484)	(1,259,260)
Recovery from loss on certificate of deposit	0	291,280	0	291,280
Interest expense	(100,494)	(931,037)	(181,641)	(1,149,161)
Total other income and (expense)	(352,184)	(1,415,546)	(320,715)	(2,050,479)
Income (loss) before benefit (provision) for income taxes	704,552	(1,957,547)	393,348	(3,646,762)
Benefit (provision) for income taxes:
Current	0	0	0	0
Deferred	0	0	0	0
Total benefit (provision)for income taxes	0	0	0	0
Net income (loss)	$ 704,552	$ (1,957,547)	$ 393,348	$ (3,646,762)
Net income (loss) per common share -basic and diluted (in dollars per share)	$ 0.02	$ (0.20)	$ 0.01	$ (0.41)
Weighted average number of common shares outstanding - basic	32,484,580	9,841,025	31,604,513	8,830,346
Weighted average number of common shares outstanding - diluted	34,489,589	9,841,025	33,036,652	8,830,346

UNAUDITED CONSOLIDATED STATEME5

UNAUDITED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
UNAUDITED CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Net income (loss)	$ 704,552	$ (1,957,547)	$ 393,348	$ (3,646,762)
Other comprehensive income (loss) on available for sale securities	(44,785)	(21,383)	191,679	(240,746)
Other comprehensive income (loss)	$ 659,767	$ (1,978,930)	$ 585,027	$ (3,887,508)

UNAUDITED CONSOLIDATED STATEME6

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash Flows From Operating Activities:
Net income (loss)	$ 393,348	$ (3,646,762)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and depletion expense	37,030	38,716
Loss on embedded derivative	34,484	1,259,260
Gain on change in fair value of derivatives	104,997	(65,749)
Gain on sale of interest in oil and gas concessions, net	(2,727,805)	(239,515)
Amortization of convertible debt discount	138,226	932,345
Amortization of debt issuance cost	26,017	71,082
Stock issued for board compensation	0	8,400
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(79,311)	114,049
Accounts payable and other accrued liabilities	(869,418)	(283,812)
Net cash used in operating activities	(2,942,432)	(1,811,986)
Cash Flows From Investing Activities:
Purchase of furniture and equipment	(1,000)	(2,621)
Purchase of oil and gas properties	(626,598)	(46,293)
Proceeds from sale of interest in oil and gas concessions	4,000,000	239,515
Net cash provided by investing activities	3,372,402	190,601
Cash Flows From Financing Activities:
Principle payment on convertible debt	(26,033)	0
Proceeds from convertible debt	92,750	935,637
Net cash (used) provided by financing activities	66,717	935,637
Net decrease in cash and cash equivalents	496,687	(685,748)
Cash and cash equivalents, beginning of period	757,313	2,182,406
Cash and cash equivalents, end of period	1,254,000	1,496,658
Non-cash investing and financing activities:
Unrealized gain in Investment Oando Energy Resources	191,679	240,746
Discount from derivative	95,000	560,058
Conversion of note payable to common stock	266,566	1,477,724
Derivative liabilities extinguished on conversion	$ 484,396	$ 2,093,008

BASIS OF PRESENTATION AND BUSIN

BASIS OF PRESENTATION AND BUSINESS ORGANIZATION	6 Months Ended
	Mar. 31, 2016
BASIS OF PRESENTATION AND BUSINESS ORGANIZATION [Abstract]
BASIS OF PRESENTATION AND BUSINESS ORGANIZATION	NOTE 1 – BASIS OF PRESENTATION AND BUSINESS ORGANIZATION The consolidated financial statements included herein, which have not been audited pursuant to the rules and regulations of the Securities and Exchange Commission, reflect all adjustments which, in the opinion of management, are necessary to present a fair statement of the results for the interim periods on a basis consistent with the annual audited financial statements. All such adjustments are of a normal recurring nature. The results of operations for the interim periods are not necessarily indicative of the results to be expected for an entire year. Certain information, accounting policies and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been omitted pursuant to such rules and regulations, although ERHC Energy Inc. ("ERHC" or the "Company") believes that the disclosures are adequate to make the information presented not misleading. These financial statements should be read in conjunction with the Company's audited financial statements included in the Company's Annual Report on Form 10-KA for the fiscal year ended September 30, 2015. On December 15, 2015, ERHCs' shareholders approved a hundred for one reverse stock split of ERHC's common stock. The reverse stock split became effective on January 15, 2016, and ERHCs' shares of common stock began trading on a post-split basis on the OTC Bulletin Board. Number of common stocks for periods presented in the consolidated financial statements has been retroactively adjusted to reflect the one-for-hundred reverse stock split. Recent accounting pronouncements There have been no recently issued accounting pronouncements that have had or are expected to have a material impact on the Company's consolidated financial statements. Going Concern The accompanying consolidated financial statements have been prepared on the basis that the Company will continue as a going concern which contemplates the realization of assets and the satisfaction of liabilities in the ordinary and usual course of business. As of March 31, 2016, the Company has a working capital deficit and negative cash flows from operating activities. The ability of the Company to continue as a going concern is dependent on raising additional capital to fund ongoing exploration projects and ultimately on attaining future profitable operations. The Company is continuing with its plan to further seek new opportu nity for farm-out its assets in Kenya, Chad and the Săo Tomé and Príncipe Exclusive Economic Zone. Management believes that the Company’s current operating strategy will provide the opportunity for the Company to continue as a going concern as long as the Company continues to obtain additional financing; however there is no assurance that this will occur. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Mar. 31, 2016
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 2 – FAIR VALUE OF FINANCIAL INSTRUMENTS The Company adopted new guidance as of October 1, 2008, related to the measurement of the fair value of certain of its financial assets required to be measured on a recurring basis. Under the new guidance, based on the observability of the inputs used in the valuation techniques, the Company is required to provide the following information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories: ● Level 1 — Quoted prices in active markets for identical assets or liabilities. ● Level 2 — Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or, other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. ● Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Interest income on cash and cash equivalents is recognized as earned on the accrual basis. Investments are accounted for as available for sale securities and reported at fair value, determined based on the quoted prices in an active market for identical assets and classified as Level 1 under the ASC 820. During the six months ended March 31, 2016, the Company's investment in the common stock of (“OER”), a Canadian oil and gas company that trades on the Toronto Stock Exchange (TSX) increased in value by $191,679. This increase in value is included as an increase in stockholders' equity in accumulated other comprehensive loss. The Company issued a number of convertible notes payable, and identified derivatives related to these notes. ERHC classifies its derivative liabilities as Level 3 and values them using the methods discussed in Note 6. While the Company believes that its valuation methods are appropriate and consistent with other market participants, it recognizes that the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. The primary assumptions that would significantly affect the fair values using the methods discussed in Note 4 are that of volatility and market price of the underlying common stock of the Company. As of March 31, 2016, the Company did not have any derivative instruments that were designated as hedges. The derivative liability as of March 31, 2016, in the amount of $475,983 has a level 3 classification. The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of March 31, 2016: Derivative Liability Balance at September 30, 2015 $ 725,898 Increase in derivative value due to issuances of convertible promissory notes 95,000 Day 1 loss on derivative liabilities 34,484 Decrease in derivative value due to convertible promissory notes converted to common stocks (484,396 ) Change in fair market value of derivative liabilities on convertible notes due to the mark to market adjustment 104,997 Balance at March 31, 2016 $ 475,983

OIL AND GAS PROPERTIES

OIL AND GAS PROPERTIES	6 Months Ended
	Mar. 31, 2016
OIL AND GAS PROPERTIES [Abstract]
OIL AND GAS PROPERTIES	NOTE 3 – OIL AND GAS PROPERTIES The following is an analysis of the cost of oil and gas properties at March 31, 2016 and September 30, 2015: March 31, 2016 September 30, 2015 DRSTP concession $ 2,271,601 $ 3,113,795 Chad concession 2,802,193 2,800,600 Capitalized drilling cost – Kenya Block 11A 625,004 - Pending concessions in other African countries 101,619 101,619 $ 5,800,417 $ 6,016,014 In October 2015, the Company reached an agreement with Kosmos Energy (NYSE: KOS), a leading independent oil and gas exploration and production company focused on frontier and emerging areas to transfer all ERHC's rights to Block 11 of the São Tomé and Principe Exclusive Economic Zone (EEZ) to Kosmos. The agreement has been approved by the National Petroleum Agency of Sao Tome & Principe ("ANP-STP") as required in the requisite Production Sharing Contract ("PSC") for EEZ Block 11. The purchase price for the assigned interest consist of a fixed sum in the amount of $2.5 million signing fee, plus reimbursement for verifiable cost paid by the Company prior to July 1, 2015 subject to maximum amount of $1.5 million. In connection with this agreement, the Company received $4,000,000 and recognized a gain of $2,727,805 of reimbursement of exploration costs incurred during the six months ended March 31, 2016.

CONVERTIBLE DEBT

CONVERTIBLE DEBT	6 Months Ended
	Mar. 31, 2016
CONVERTIBLE DEBT [Abstract]
CONVERTIBLE DEBT	NOTE 4 – CONVERTIBLE DEBT The Company had the following convertible debt outstanding at March 31, 2016: Lender Date of Agreement Term (Months) Annual Interest Rate Face Value Accrued Interest Discount Net Convertible Note Payable Note Derivative Liability Redwood Fund III 5/15/2014 6 12.00 % $ 40,000 $ 5,918 $ 15,867 $ 30,051 $ 104,150 Tonaquint, Inc 10/7/2014 12 22.00 % - 35,999 - 35,999 142,667 JMJ Financial #3 10/22/2014 24 5.83 % 8,900 5,556 11,314 3,142 27,508 Cardinal Capital Group 11/6/2014 24 22.00 % - 6,667 - 6,667 25,679 Rock Capital 2/6/2015 12 10.00 % 23,005 - - 23,005 60,715 LG Capital #3 3/10/2015 12 8.00 % 14,000 - 2,333 11,667 26,048 JMJ Financial #4 3/09/16 24 5.83 % 50,000 5,556 55,556 - 89,216 Adar Bay 3/10/2016 12 8.00 % 45,000 - 45,000 - - $ 180,905 $ 59,696 $ 130,070 $ 110,531 $ 475,983 The Company had the following convertible debt outstanding at September 30, 2015: Lender Date of Agreement Term (Months) Annual Interest Rate Face Value Accrued Interest Discount Net Convertible Note Payable Note Derivative Liability Redwood Fund III 5/15/2014 6 12.00 % $ 40,000 $ 5,918 $ 15,867 $ 30,051 $ 114,005 Tonaquint, Inc 10/7/2014 12 22.00 % 98,177 46,416 16,700 127,893 128,566 JMJ Financial #3 10/22/2014 24 5.83 % 8,900 5,556 11,582 2,874 27,375 LG Capital #2 10/23/2014 12 8.00 % 23,533 2,500 9,398 16,635 52,628 Cardinal Capital Group 11/6/2014 24 22.00 % 43,998 30,133 41,984 32,147 94,158 Rock Capital 2/6/2015 12 10.00 % 23,005 - 20,351 2,654 67,377 Union Capital #3 2/17/2015 12 8.00 % 34,500 - - 34,500 93,039 Adar Bay #2 2/19/2015 12 8.00 % 12,000 - 11,742 258 39,280 LG Capital #3 3/10/2015 12 8.00 % 52,500 - 43,388 9,112 109,470 $ 336,613 $ 90,523 $ 171,012 $ 256,124 $ 725,898 During the six months ended March 31, 2016, the Company issued an aggregate of 9,437,271 shares of common stock for conversion of convertible debts of $266,566 and decrease in derivative value due to conversion of $484,396. The following table summarizes conversion terms of the notes outstanding at March 31, 2016: Lender Date of Agreement Term Of Conversion Eligible for Conversion Redwood Fund III May 15, 2014 Conversion Price shall be 55% of the lowest traded price, determined on the then current trading market for the Company’s common stock, for 20 trading days prior to conversion. 180 after the effective dates JMJ Financial October 22, 2014 Conversion Price shall be lesser of $0.06 or 60% of lowest trade price in the 25 trading days previous to conversion. 180 after the effective dates Tonaquint, Inc October 7, 2014 Conversion price shall be 65% (the “Conversion Factor”) of the lowest intra-day trade price of Borrower’s common stock (“Common Stock”) in the twenty-five (25) Trading Days immediately preceding the Conversion . 180 after the effective date Cardinal Capital Group November 6, 2014 Conversion price shall equal the lesser of (a) $0.05 or (b) 60% of the lowest trade occurring during the twenty five (25) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note. 180 after the effective date Rock Capital February 6, 2015 Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price). 180 after the effective date Union Capital February 17, 2015 Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price). 180 after the effective dates LG Capital #3 March 10, 2015 Conversion price shall equal be 60% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company. 180 after the effective date Adar Bay March 10, 2016 Conversion price shall equal be 50% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company. 180 after the effective date As of March 31, 2016, the Company recorded the following deferred origination costs related to the convertible notes: Lender Date of Agreement Finder's Fees Deferred Debt Origination Costs Due at Maturity Legal and Other Debt Origination Costs Deferred Debt Origination Costs at September 30, 2015 Additions Amortization Deferred Debt Origination Costs at March 31, 2016 Various Various $ - $ - $ 52,500 $ 14,340 $ - $ 14,340 $ - Tonaquint, Inc #2 10/7/2014 10,000 5,000 15,000 15,098 - 98 15,000 JMJ Financial # 3 10/22/2014 5,000 - 5,556 5,000 - - 5,000 LG Capital #2 10/23/2014 5,000 2,500 2,500 506 - 506 - Cardinal Group 11/6/2014 - 8,500 6,500 9,333 - 377 8,956 KBM Worldwide #7 1/12/2015 - 4,500 - 4,500 - 4,500 - Rock Capital 2/6/2015 - 1,000 4,500 5,311 - - 5,311 Union Capital #3 2/17/2015 - 1,500 4,500 1,500 - 1,500 - Adar Bay #2 2/19/2015 - 3,500 - 3,500 - 3,310 190 LG Capital #3 3/10/2015 - 4,000 7,500 2,622 - 1,386 1,236 JMJ Financial # 4 3/9/2016 - - - 10,556 - 10,556 Adar Bay #3 3/10/2016 - - - - 4,275 - 4,275 $ 20,000 $ 30,500 $ 98,556 $ 61,710 $ 14,831 $ 26,017 $ 50,524

DERIVATIVE LIABILITIES

DERIVATIVE LIABILITIES	6 Months Ended
	Mar. 31, 2016
DERIVATIVE LIABILITIES [Abstract]
DERIVATIVE LIABILITIES	NOTE 5 – DERIVATIVE LIABILITIES As described in Notes 2 and 4, the Company has identified embedded derivatives in notes payables and outstanding warrants. The fair value of the embedded derivatives related to the convertible notes payable, comprising conversion feature with the reset provisions and the default provisions, at issuance and March 31, 2016 was determined using the multinomial lattice models that value the derivative liability based on a probability weighted discounted cash flow model. These models are based on future projections of the various potential outcomes and utilize the following assumptions: · The stock price would fluctuate with the Company projected volatility; · The Derivative Convertible Notes convert at 40% 60% · An event of default would occur initially 0% of the time, increasing 1.00% per month until it reaches 10%; · The projected volatility curve for each valuation period was based on the historical volatility of the Company, ranging between 284% and 393%; · The Company would redeem the notes initially 0% of the time, and increase monthly by 1.00% to a maximum of 5.00%; · The holders of the notes would automatically convert the notes at the maximum of two times the conversion price if the Company is not in default, with the target conversion price dropping as maturity approaches; and · The Holder would convert the note early after 0-90-180 days and at maturity if the registration was effective and the Company was not in default. As discussed in Note 2, the Company issued convertible notes payable that provide for the issuance of convertible notes with variable conversion provisions. The conversion terms of the convertible notes are variable based on certain factors, such as the future price of the Company’s common stock. The number of shares of common stock to be issued is based on the future price of the Company’s common stock. The number of shares of common stock issuable upon conversion of the promissory note is indeterminate. Due to the fact that the number of shares of common stock issuable could exceed the Company’s authorized share limit, the equity environment is tainted and all additional convertible debentures and warrants are included in the value of the derivative. Pursuant to ASC 815-15 Embedded Derivatives, the fair values of the variable conversion option and warrants and shares to be issued were recorded as derivative liabilities on the issuance date. The accounting treatment of derivative financial instruments requires that the Company record fair value of the derivatives as of the inception date and to fair value as of each subsequent reporting date which at March 31, 2016 was an aggregate of $475,983. During the six months ended March 31, 2016, the Company recorded an aggregate $104,997 loss on change in fair value of derivative liabilities. See Note 2 for more information.

INCOME TAX PAYABLE

INCOME TAX PAYABLE	6 Months Ended
	Mar. 31, 2016
INCOME TAX PAYABLE [Abstract]
INCOME TAX PAYABLE	NOTE 6 – INCOME TAX PAYABLE During January 2016, the IRS examination identified The disallowance was the outcome of an Internal Revenue Service audit of ERHC’s 2006 return, which audit lasted nearly seven years and has been previously disclosed.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Mar. 31, 2016
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	NOTE 7 - STOCKHOLDERS' EQUITY On December 15, 2015, ERHCs' shareholders approved a hundred for one reverse stock split of ERHC's common stock. The reverse stock split became effective on January 15, 2016, and ERHCs' shares of common stock began trading on a post-split basis on the OTC Bulletin Board. The numbers of common stock for periods presented in the consolidated financial statements have been retroactively adjusted to reflect the one-for-hundred reverse stock split. During the six months ended March 31, 2016 and 2015, the Company recognized compensation expense of $0 and $8,400, respectively, related to service granted by the Board of Directors. During the six months ended March 31, 2016 and 2015, the Company issued an aggregate of 9,437,271 and 5,740,838 shares of common stock for conversion of convertible debts of $266,566 and $1,451,548 and decrease in derivative value due to conversion of $484,396 and $2,093,008, respectively. As of March 31, 2016 and 2015, there were 41,500 options outstanding, respectively; none of which are exercisable. These options have a weighted average remaining term of six days and an intrinsic value of zero. Unamortized compensation cost related to these options amounted to $0.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Mar. 31, 2016
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8 – COMMITMENTS AND CONTINGENCIES COMMITMENTS UNDER PRODUCTION SHARE CONTRACTS Republic of Kenya Concession Fees and Other Financial Commitments On June 28, 2012, ERHC entered into a production sharing contract ("PSC") with the Government of the Republic of Kenya for certain land based hydrocarbon exploration and production of Block 11A located in northwestern Kenya. In October 2013, the Company entered into a farm-out agreement with CEPSA Kenya Limited, an affiliate of Compañía Española de Petróleos, S.A.U., an international oil and gas company ("CEPSA"). Under the terms of this agreement, the Company assigned and transferred 55% of its participating interest in Kenya Block 11A to CEPSA. In exchange for the transferred rights, CEPSA will carry the Company's proportionate share of obligations and financial costs under the terms and conditions outlined in the farm-out agreement. The agreement was approved in January 2014 by the Kenyan Government and from February 2014, CEPSA took over from ERHC as operator under the production sharing contract ("PSC") for Kenya Block 11A. Republic of Chad Concession Fees and Other Financial Commitments On June 30, 2011, ERHC entered into a production sharing contract ("PSC") with Chad for certain onshore hydrocarbon exploration and development. In September 2013, the Ministry of Energy and Petroleum of Chad approved ERHC's application to voluntarily relinquish two of the three Blocks covered by the PSC. As of March 31, 2016, ERHC has paid or incurred: a. $2,000,000 as the entire signature bonus b. $320,600 in advisers' and ancillary costs related to the PSC c. $480,000 as legal fees and costs for the drafting and negotiation of the PSC, as provided for in the PSC d. $190,872 as costs of Environmental Impact Study, as provided for in the PSC e. $448,000 on Aeromagnetic data acquisition survey, in fulfillment of work program obligations under the PSC f. $378,374 2015 Training and Surface rental fees, as provided in the PSC LEGAL PROCEEDINGS JDZ Blocks 5 and 6 Lawsuit The Company's rights in JDZ Blocks 5 and 6 are currently the subject of legal proceedings at the London Court of International Arbitration and the Federal High Court in Abuja, Nigeria. The Compan The issue in contention is contractual. The Company was awarded a 15 percent working interest in each of the Blocks in a 2004/5 bid/licensing round conducted by the JDA following the Company's exercise of preferential rights in the Blocks as guaranteed by contract and treaty. The JDA and the Government of STP contend that certain correspondence issued by a previous CEO/President of the Company in 2006 amount to a relinquishment of the Company's rights in Blocks 5 and 6 under the Company's contracts with STP which provide for the rights. The Company contends that no such relinquishment has occurred and has sought recourse to arbitration accordingly. It also filed the suit to prevent any tampering with its said rights in JDZ Blocks 5 and 6 pending the outcome of arbitration. Proceedings on the suit and the arbitration are currently suspended while the Company pursues amicable settlement with the Governments of Nigeria and Săo Tomé & Príncipe. Routine Claims From time to time, ERHC may be subject to routine litigation, claims, or disputes in the ordinary course of business. ERHC intends to defend these matters vigorously. The Company cannot predict with certainty, however, the outcome or effect of any of the arbitration or litigation specifically described above or any other pending litigation or claims.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	6 Months Ended
	Mar. 31, 2016
SUBSEQUENT EVENT [Abstract]
SUBSEQUENT EVENT	NOTE 9 – SUBSEQUENT EVENT On April 18, 2016, Rock Capital converted a principle with interest balance of $26,379 into 1,172,646 shares of the Company’s common stock. The note is paid in full after conversion. On April 14, CEPSA has commenced drilling at the Tarach-1 well in Kenya Block 11A, which the Company holds 35% interest in Block 11A.

BASIS OF PRESENTATION AND BUS16

BASIS OF PRESENTATION AND BUSINESS ORGANIZATION (Policies)	6 Months Ended
	Mar. 31, 2016
BASIS OF PRESENTATION AND BUSINESS ORGANIZATION [Abstract]
Recent accounting pronouncements	Recent accounting pronouncements There have been no recently issued accounting pronouncements that have had or are expected to have a material impact on the Company's consolidated financial statements.
Going Concern	Going Concern The accompanying consolidated financial statements have been prepared on the basis that the Company will continue as a going concern which contemplates the realization of assets and the satisfaction of liabilities in the ordinary and usual course of business. As of March 31, 2016, the Company has a working capital deficit and negative cash flows from operating activities. The ability of the Company to continue as a going concern is dependent on raising additional capital to fund ongoing exploration projects and ultimately on attaining future profitable operations. The Company is continuing with its plan to further seek new opportu nity for farm-out its assets in Kenya, Chad and the Săo Tomé and Príncipe Exclusive Economic Zone. Management believes that the Company’s current operating strategy will provide the opportunity for the Company to continue as a going concern as long as the Company continues to obtain additional financing; however there is no assurance that this will occur. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

FAIR VALUE OF FINANCIAL INSTR17

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Mar. 31, 2016
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Summary of Changes in Fair Value of the Company's Level 3 Financial Liabilities	The following table provides a summary of changes in fair value of the Company’s Level 3 financial liabilities as of March 31, 2016: Derivative Liability Balance at September 30, 2015 $ 725,898 Increase in derivative value due to issuances of convertible promissory notes 95,000 Day 1 loss on derivative liabilities 34,484 Decrease in derivative value due to convertible promissory notes converted to common stocks (484,396 ) Change in fair market value of derivative liabilities on convertible notes due to the mark to market adjustment 104,997 Balance at March 31, 2016 $ 475,983

OIL AND GAS PROPERTIES (Tables)

OIL AND GAS PROPERTIES (Tables)	6 Months Ended
	Mar. 31, 2016
OIL AND GAS PROPERTIES [Abstract]
Analysis of Cost of Oil and Gas Properties	The following is an analysis of the cost of oil and gas properties at March 31, 2016 and September 30, 2015: March 31, 2016 September 30, 2015 DRSTP concession $ 2,271,601 $ 3,113,795 Chad concession 2,802,193 2,800,600 Capitalized drilling cost – Kenya Block 11A 625,004 - Pending concessions in other African countries 101,619 101,619 $ 5,800,417 $ 6,016,014

CONVERTIBLE DEBT (Tables)

CONVERTIBLE DEBT (Tables)	6 Months Ended
	Mar. 31, 2016
CONVERTIBLE DEBT [Abstract]
Convertible Debt Outstanding	The Company had the following convertible debt outstanding at March 31, 2016: Lender Date of Agreement Term (Months) Annual Interest Rate Face Value Accrued Interest Discount Net Convertible Note Payable Note Derivative Liability Redwood Fund III 5/15/2014 6 12.00 % $ 40,000 $ 5,918 $ 15,867 $ 30,051 $ 104,150 Tonaquint, Inc 10/7/2014 12 22.00 % - 35,999 - 35,999 142,667 JMJ Financial #3 10/22/2014 24 5.83 % 8,900 5,556 11,314 3,142 27,508 Cardinal Capital Group 11/6/2014 24 22.00 % - 6,667 - 6,667 25,679 Rock Capital 2/6/2015 12 10.00 % 23,005 - - 23,005 60,715 LG Capital #3 3/10/2015 12 8.00 % 14,000 - 2,333 11,667 26,048 JMJ Financial #4 3/09/16 24 5.83 % 50,000 5,556 55,556 - 89,216 Adar Bay 3/10/2016 12 8.00 % 45,000 - 45,000 - - $ 180,905 $ 59,696 $ 130,070 $ 110,531 $ 475,983 The Company had the following convertible debt outstanding at September 30, 2015: Lender Date of Agreement Term (Months) Annual Interest Rate Face Value Accrued Interest Discount Net Convertible Note Payable Note Derivative Liability Redwood Fund III 5/15/2014 6 12.00 % $ 40,000 $ 5,918 $ 15,867 $ 30,051 $ 114,005 Tonaquint, Inc 10/7/2014 12 22.00 % 98,177 46,416 16,700 127,893 128,566 JMJ Financial #3 10/22/2014 24 5.83 % 8,900 5,556 11,582 2,874 27,375 LG Capital #2 10/23/2014 12 8.00 % 23,533 2,500 9,398 16,635 52,628 Cardinal Capital Group 11/6/2014 24 22.00 % 43,998 30,133 41,984 32,147 94,158 Rock Capital 2/6/2015 12 10.00 % 23,005 - 20,351 2,654 67,377 Union Capital #3 2/17/2015 12 8.00 % 34,500 - - 34,500 93,039 Adar Bay #2 2/19/2015 12 8.00 % 12,000 - 11,742 258 39,280 LG Capital #3 3/10/2015 12 8.00 % 52,500 - 43,388 9,112 109,470 $ 336,613 $ 90,523 $ 171,012 $ 256,124 $ 725,898
Summary of Conversion Terms of the Notes Outstanding	The following table summarizes conversion terms of the notes outstanding at March 31, 2016: Lender Date of Agreement Term Of Conversion Eligible for Conversion Redwood Fund III May 15, 2014 Conversion Price shall be 55% of the lowest traded price, determined on the then current trading market for the Company’s common stock, for 20 trading days prior to conversion. 180 after the effective dates JMJ Financial October 22, 2014 Conversion Price shall be lesser of $0.06 or 60% of lowest trade price in the 25 trading days previous to conversion. 180 after the effective dates Tonaquint, Inc October 7, 2014 Conversion price shall be 65% (the “Conversion Factor”) of the lowest intra-day trade price of Borrower’s common stock (“Common Stock”) in the twenty-five (25) Trading Days immediately preceding the Conversion . 180 after the effective date Cardinal Capital Group November 6, 2014 Conversion price shall equal the lesser of (a) $0.05 or (b) 60% of the lowest trade occurring during the twenty five (25) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note. 180 after the effective date Rock Capital February 6, 2015 Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price). 180 after the effective date Union Capital February 17, 2015 Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price). 180 after the effective dates LG Capital #3 March 10, 2015 Conversion price shall equal be 60% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company. 180 after the effective date Adar Bay March 10, 2016 Conversion price shall equal be 50% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company. 180 after the effective date
Deferred Origination Costs Related to the Convertible Notes	As of March 31, 2016, the Company recorded the following deferred origination costs related to the convertible notes: Lender Date of Agreement Finder's Fees Deferred Debt Origination Costs Due at Maturity Legal and Other Debt Origination Costs Deferred Debt Origination Costs at September 30, 2015 Additions Amortization Deferred Debt Origination Costs at March 31, 2016 Various Various $ - $ - $ 52,500 $ 14,340 $ - $ 14,340 $ - Tonaquint, Inc #2 10/7/2014 10,000 5,000 15,000 15,098 - 98 15,000 JMJ Financial # 3 10/22/2014 5,000 - 5,556 5,000 - - 5,000 LG Capital #2 10/23/2014 5,000 2,500 2,500 506 - 506 - Cardinal Group 11/6/2014 - 8,500 6,500 9,333 - 377 8,956 KBM Worldwide #7 1/12/2015 - 4,500 - 4,500 - 4,500 - Rock Capital 2/6/2015 - 1,000 4,500 5,311 - - 5,311 Union Capital #3 2/17/2015 - 1,500 4,500 1,500 - 1,500 - Adar Bay #2 2/19/2015 - 3,500 - 3,500 - 3,310 190 LG Capital #3 3/10/2015 - 4,000 7,500 2,622 - 1,386 1,236 JMJ Financial # 4 3/9/2016 - - - 10,556 - 10,556 Adar Bay #3 3/10/2016 - - - - 4,275 - 4,275 $ 20,000 $ 30,500 $ 98,556 $ 61,710 $ 14,831 $ 26,017 $ 50,524

BASIS OF PRESENTATION AND BUS20

BASIS OF PRESENTATION AND BUSINESS ORGANIZATION (Details)	Jan. 15, 2016	Dec. 15, 2015
Common Stock [Member]
Class of Stock [Line Items]
Reverse stock split	0.01	0.01

FAIR VALUE OF FINANCIAL INSTR21

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Increase in stockholders' equity in accumulated other comprehensive income.	$ (44,785)	$ (21,383)	$ 191,679	$ (240,746)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value			104,997	(65,749)
Change in fair market value of derivative liabilities	(217,381)	$ (48,925)	(104,997)	$ 65,749
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at September 30, 2015			725,898
Increase (Decrease) in derivative value			34,484
Balance at March 31, 2016	$ 475,983		475,983
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member] | Common Stock [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value			(484,396)
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member] | Convertible Notes [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Increase (Decrease) in derivative value			95,000
Change in fair market value of derivative liabilities			$ 104,997

OIL AND GAS PROPERTIES (Details

OIL AND GAS PROPERTIES (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Oct. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Analysis of cost of oil and gas properties [Abstract]
Oil and gas properties		$ 5,800,417		$ 5,800,417		$ 6,016,014
Gain on sale of interest in oil and gas properties, net		2,070,000	$ 0	2,727,805	$ 239,515
Proceeds from sale of oil and gas property and equipment				4,000,000	$ 239,515
DRSTP Concession [Member]
Analysis of cost of oil and gas properties [Abstract]
Oil and gas properties		2,271,601		2,271,601		3,113,795
Chad Concession [Member]
Analysis of cost of oil and gas properties [Abstract]
Oil and gas properties		2,802,193		2,802,193		2,800,600
Capitalized Drilling Cost - Kenya Block 11A [Member]
Analysis of cost of oil and gas properties [Abstract]
Oil and gas properties		625,004		625,004		0
Pending Concessions in Other African Countries [Member]
Analysis of cost of oil and gas properties [Abstract]
Oil and gas properties		$ 101,619		101,619		$ 101,619
Kosmos Energy [Member]
Analysis of cost of oil and gas properties [Abstract]
Signing fee for agreement	$ 2,500,000
Maximum amount reinvestment for verifiable cost	$ 1,500,000
Gain on sale of interest in oil and gas properties, net				2,727,805
Proceeds from sale of oil and gas property and equipment				$ 4,000,000

CONVERTIBLE DEBT (Details)

CONVERTIBLE DEBT (Details) - USD ($)	6 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Convertible debt outstanding [Abstract]
Face value	$ 180,905		$ 336,613
Accrued Interest	59,696		90,523
Discount	130,070		171,012
Net Convertible Note Payable	110,531		256,124
Note Derivative Liability	$ 475,983		725,898
Number of share issued for convertible debt upon conversion (in shares)	9,437,271
Value of shares issued for convertible debt upon conversion	$ 266,566
Decrease in derivative value due to conversion	(484,396)	$ (2,093,008)
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	20,000
Deferred Debt Origination Costs Due at Maturity	30,500
Legal and Other Debt Origination Costs	98,556
Additions	14,831
Amortization	26,017
Net Deferred Debt Origination Costs at September 30, 2015	61,710
Net Deferred Debt Origination Costs at March 31, 2016	$ 50,524		$ 61,710
JMJ Financial [Member]
Conversion terms of the notes [Abstract]
Date of Agreement	Oct. 22, 2014
Term of Conversion	Conversion Price shall be lesser of $0.06 or 60% of lowest trade price in the 25 trading days previous to conversion.
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
Conversion price	60.00%
Conversion price (in dollars per share)	$ 0.06
Trading days	25 trading days previous to conversion
Calculation period	25 days
Redwood Fund III [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	May 15, 2014		May 15, 2014
Term	6 months		6 months
Annual Interest Rate	12.00%		12.00%
Face value	$ 40,000		$ 40,000
Accrued Interest	5,918		5,918
Discount	15,867		15,867
Net Convertible Note Payable	30,051		30,051
Note Derivative Liability	$ 104,150		114,005
Conversion terms of the notes [Abstract]
Date of Agreement	May 15, 2014
Term of Conversion	Conversion Price shall be 55% of the lowest traded price, determined on the then current trading market for the Company’s common stock, for 20 trading days prior to conversion.
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
Conversion price	55.00%
Trading days	20 trading days prior to conversion
Calculation period	20 days
Various [Member]
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	0
Legal and Other Debt Origination Costs	52,500
Additions	0
Amortization	14,340
Net Deferred Debt Origination Costs at September 30, 2015	14,340
Net Deferred Debt Origination Costs at March 31, 2016	$ 0		$ 14,340
Tonaquint, Inc [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Oct. 7, 2014		Oct. 7, 2014
Term	12 months		12 months
Annual Interest Rate	22.00%		22.00%
Face value	$ 0		$ 98,177
Accrued Interest	35,999		46,416
Discount	0		16,700
Net Convertible Note Payable	35,999		127,893
Note Derivative Liability	$ 142,667		$ 128,566
Conversion terms of the notes [Abstract]
Date of Agreement	Oct. 7, 2014
Term of Conversion	Conversion price shall be 65% (the “Conversion Factor”) of the lowest intra-day trade price of Borrower’s common stock (“Common Stock”) in the twenty-five (25) Trading Days immediately preceding the Conversion .
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Conversion price	65.00%
Trading days	25 trading days immediately preceding the conversion
Calculation period	25 days
Union Capital [Member]
Conversion terms of the notes [Abstract]
Date of Agreement	Feb. 17, 2015
Term of Conversion	Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price).
Eligible for Conversion	180 after the effective dates
Eligible period for conversion	180 days
Conversion price	55.00%
Trading days	20 prior trading days including the day upon which a notice of conversion is received by the Company
Calculation period	20 days
JMJ Financial 3 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Oct. 22, 2014		Oct. 22, 2014
Term	24 months		24 months
Annual Interest Rate	5.83%		5.83%
Face value	$ 8,900		$ 8,900
Accrued Interest	5,556		5,556
Discount	11,314		11,582
Net Convertible Note Payable	3,142		2,874
Note Derivative Liability	27,508		27,375
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	5,000
Deferred Debt Origination Costs Due at Maturity	0
Legal and Other Debt Origination Costs	5,556
Additions	0
Amortization	0
Net Deferred Debt Origination Costs at September 30, 2015	5,000
Net Deferred Debt Origination Costs at March 31, 2016	$ 5,000		5,000
JMJ Financial 4 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Mar. 9, 2016
Term	24 months
Annual Interest Rate	5.83%
Face value	$ 50,000
Accrued Interest	5,556
Discount	55,556
Net Convertible Note Payable	0
Note Derivative Liability	89,216
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	0
Legal and Other Debt Origination Costs	0
Additions	10,556
Amortization	0
Net Deferred Debt Origination Costs at September 30, 2015	0
Net Deferred Debt Origination Costs at March 31, 2016	$ 10,556		$ 0
LG Capital 2 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Oct. 23, 2014		Oct. 23, 2014
Term			12 months
Annual Interest Rate			8.00%
Face value			$ 23,533
Accrued Interest			2,500
Discount			9,398
Net Convertible Note Payable			16,635
Note Derivative Liability			52,628
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 5,000
Deferred Debt Origination Costs Due at Maturity	2,500
Legal and Other Debt Origination Costs	2,500
Additions	0
Amortization	506
Net Deferred Debt Origination Costs at September 30, 2015	506
Net Deferred Debt Origination Costs at March 31, 2016	$ 0		$ 506
Cardinal Capital Group [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Nov. 6, 2014		Nov. 6, 2014
Term	24 months		24 months
Annual Interest Rate	22.00%		22.00%
Face value	$ 0		$ 43,998
Accrued Interest	6,667		30,133
Discount	0		41,984
Net Convertible Note Payable	6,667		32,147
Note Derivative Liability	$ 25,679		94,158
Conversion terms of the notes [Abstract]
Date of Agreement	Nov. 6, 2014
Term of Conversion	Conversion price shall equal the lesser of (a) $0.05 or (b) 60% of the lowest trade occurring during the twenty five (25) consecutive Trading Days immediately preceding the applicable Conversion Date on which the Holder elects to convert all or part of this Note, subject to adjustment as provided in this Note.
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Conversion price	60.00%
Conversion price (in dollars per share)	$ 0.05
Trading days	25 consecutive trading days immediately preceding the applicable Conversion Date
Calculation period	25 days
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	8,500
Legal and Other Debt Origination Costs	6,500
Additions	0
Amortization	377
Net Deferred Debt Origination Costs at September 30, 2015	9,333
Net Deferred Debt Origination Costs at March 31, 2016	$ 8,956		9,333
KBM World Wide7 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Jan. 12, 2015
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	4,500
Legal and Other Debt Origination Costs	0
Additions	0
Amortization	4,500
Net Deferred Debt Origination Costs at September 30, 2015	4,500
Net Deferred Debt Origination Costs at March 31, 2016	$ 0		$ 4,500
Rock Capital [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Feb. 6, 2015		Feb. 6, 2015
Term	12 months		12 months
Annual Interest Rate	10.00%		10.00%
Face value	$ 23,005		$ 23,005
Accrued Interest	0		0
Discount	0		20,351
Net Convertible Note Payable	23,005		2,654
Note Derivative Liability	$ 60,715		67,377
Conversion terms of the notes [Abstract]
Date of Agreement	Feb. 6, 2015
Term of Conversion	Conversion price shall equal be 55% of the lowest closing bid price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future ("Exchange"), for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company (provided such Notice of Conversion is delivered by fax or other electronic method of communication to the Company after 4 P.M. Eastern Standard or Daylight Savings Time if the Holder wishes to include the same day closing price).
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Conversion price	55.00%
Trading days	20 prior trading days including the day upon which a notice of conversion is received by the Company
Calculation period	20 days
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	1,000
Legal and Other Debt Origination Costs	4,500
Additions	0
Amortization	0
Net Deferred Debt Origination Costs at September 30, 2015	5,311
Net Deferred Debt Origination Costs at March 31, 2016	$ 5,311		$ 5,311
Union Capital 3 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Feb. 17, 2015		Feb. 17, 2015
Term			12 months
Annual Interest Rate			8.00%
Face value			$ 34,500
Accrued Interest			0
Discount			0
Net Convertible Note Payable			34,500
Note Derivative Liability			93,039
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	1,500
Legal and Other Debt Origination Costs	4,500
Additions	0
Amortization	1,500
Net Deferred Debt Origination Costs at September 30, 2015	1,500
Net Deferred Debt Origination Costs at March 31, 2016	$ 0		$ 1,500
Adar Bay 2 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Feb. 19, 2015		Feb. 19, 2015
Term			12 months
Annual Interest Rate			8.00%
Face value			$ 12,000
Accrued Interest			0
Discount			11,742
Net Convertible Note Payable			258
Note Derivative Liability			39,280
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	3,500
Legal and Other Debt Origination Costs	0
Additions	0
Amortization	3,310
Net Deferred Debt Origination Costs at September 30, 2015	3,500
Net Deferred Debt Origination Costs at March 31, 2016	$ 190		3,500
Adar Bay [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Mar. 10, 2016
Term	12 months
Annual Interest Rate	8.00%
Face value	$ 45,000
Accrued Interest	0
Discount	45,000
Net Convertible Note Payable	0
Note Derivative Liability	$ 0
Conversion terms of the notes [Abstract]
Date of Agreement	Mar. 10, 2016
Term of Conversion	Conversion price shall equal be 50% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company.
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Conversion price	50.00%
Trading days	20 prior trading days including the day upon which a notice of conversion is received by the Company
Calculation period	20 days
Adar Bay 3 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Mar. 10, 2016
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	0
Legal and Other Debt Origination Costs	0
Additions	4,275
Amortization	0
Net Deferred Debt Origination Costs at September 30, 2015	0
Net Deferred Debt Origination Costs at March 31, 2016	$ 4,275		$ 0
LG Capital 3 [Member]
Convertible debt outstanding [Abstract]
Date of Agreement	Mar. 10, 2015		Mar. 10, 2015
Term	12 months		12 months
Annual Interest Rate	8.00%		8.00%
Face value	$ 14,000		$ 52,500
Accrued Interest	0		0
Discount	2,333		43,388
Net Convertible Note Payable	11,667		9,112
Note Derivative Liability	$ 26,048		109,470
Conversion terms of the notes [Abstract]
Date of Agreement	Mar. 10, 2015
Term of Conversion	Conversion price shall equal be 60% of the lowest trading price of the Common Stock as reported on the National Quotations Bureau OTCQB exchange which the Company’s shares are traded or any exchange upon which the Common Stock may be traded in the future, for the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company.
Eligible for Conversion	180 after the effective date
Eligible period for conversion	180 days
Conversion price	60.00%
Trading days	20 prior trading days including the day upon which a notice of conversion is received by the Company
Calculation period	20 days
Deferred origination costs related to the convertible notes [Abstract]
Finder's Fees	$ 0
Deferred Debt Origination Costs Due at Maturity	4,000
Legal and Other Debt Origination Costs	7,500
Additions	0
Amortization	1,386
Net Deferred Debt Origination Costs at September 30, 2015	2,622
Net Deferred Debt Origination Costs at March 31, 2016	$ 1,236		$ 2,622

DERIVATIVE LIABILITIES (Details

DERIVATIVE LIABILITIES (Details)	3 Months Ended		6 Months Ended
	Mar. 31, 2016USD ($)Time	Mar. 31, 2015USD ($)	Mar. 31, 2016USD ($)Time	Mar. 31, 2015USD ($)	Sep. 30, 2015USD ($)
Derivative [Line Items]
Fair value of the derivatives	$ 475,983		$ 475,983		$ 725,898
Loss on change in fair value of derivative liabilities	$ (217,381)	$ (48,925)	$ (104,997)	$ 65,749
Convertible Notes [Member]
Derivative [Line Items]
Initial percentage of event of default	0.00%		0.00%
Increasing percentage of event of default	1.00%		1.00%
Maximum percentage of event of default	10.00%		10.00%
Initial percentage of redemption of notes	0.00%		0.00%
Increasing percentage of redemption of notes	1.00%		1.00%
Maximum percentage of redemption of notes	5.00%		5.00%
Multiplier of conversion price to convert notes, maximum | Time	2		2
Conversion period one to convert notes			0 days
Conversion period two to convert notes			90 days
Conversion period three to convert notes			180 days
Convertible Notes [Member] | Minimum [Member]
Derivative [Line Items]
Percentage of conversion of notes specified on market price	40.00%		40.00%
Percentage of projected volatility curve	284.00%		284.00%
Convertible Notes [Member] | Maximum [Member]
Derivative [Line Items]
Percentage of conversion of notes specified on market price	60.00%		60.00%
Percentage of projected volatility curve	393.00%		393.00%

INCOME TAX PAYABLE (Details)

INCOME TAX PAYABLE (Details) - USD ($)	6 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
INCOME TAX PAYABLE [Abstract]
Income tax payable	$ 2,739,607	$ 2,739,607
Years under audit	7 years

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details)	Jan. 15, 2016	Dec. 15, 2015	Mar. 31, 2016USD ($)	Mar. 31, 2016USD ($)shares	Mar. 31, 2015USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares of common stock issued for conversion (in shares) | shares				9,437,271
Decrease in derivative value due to conversion				$ (484,396)	$ (2,093,008)
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reverse stock split	0.01	0.01
Shares granted (in shares) | shares				41,500	41,500
Intrinsic value			$ 0	$ 0
Unamortized compensation cost				$ 0
Weighted average remaining contractual term			6 days
Aggregate number of shares of common stock issued for conversion (in shares) | shares				9,437,271	5,740,838
Total value of convertible debt upon conversion			$ 266,566	$ 266,566	$ 1,451,548
Decrease in derivative value due to conversion				(484,396)	(2,093,008)
Common Stock [Member] | Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense				$ 0	$ 8,400

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	Oct. 31, 2013	Sep. 30, 2013Block	Mar. 31, 2016USD ($)
JDZ 5 [Member]
Loss Contingencies [Line Items]
Working interest awarded in mining concessions			15.00%
JDZ 6 [Member]
Loss Contingencies [Line Items]
Working interest awarded in mining concessions			15.00%
Kenya Concession [Member]
Loss Contingencies [Line Items]
Interest transferred and assigned	55.00%
Chad Concession [Member]
Loss Contingencies [Line Items]
Number of blocks relinquished under production sharing contract | Block		2
Number of blocks under production sharing contract | Block		3
Signature bonus commitment paid or incurred			$ 2,000,000
Professional fees			320,600
Legal fees			480,000
Environmental cost			190,872
Aeromagnetic cost			448,000
Training and surface rental fees			$ 378,374

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - USD ($)	Apr. 18, 2016	Apr. 14, 2016	Mar. 31, 2016	Sep. 30, 2015
Subsequent Event [Line Items]
Common stock, shares issued (in shares)			38,653,310	29,216,038
Subsequent Event [Member]
Subsequent Event [Line Items]
Principal interest in Kenya Block 11A		35.00%
Subsequent Event [Member] | Common Stock [Member] | Rock Capital [Member]
Subsequent Event [Line Items]
Principal balance of investment converted	$ 26,379
Common stock, shares issued (in shares)	1,172,646