KonaTel (KTEL) 10-K 5 Dec 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Sep. 30, 2014	Dec. 05, 2014	Mar. 31, 2014
Document And Entity Information	'	'	'
Entity Registrant Name	'DALA PETROLEUM CORP.	'	'
Entity Central Index Key	'0000845819	'	'
Document Type	'10-K	'	'
Document Period End Date	30-Sep-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--09-30	'	'
Is Entity a Well-known Seasoned Issuer?	'No	'	'
Is Entity a Voluntary Filer?	'No	'	'
Is Entity's Reporting Status Current?	'Yes	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Public Float	'	'	$8,916
Entity Common Stock, Shares Outstanding	'	12,524,286	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2014	'	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2014
Current Assets	'
Cash and cash equivalents	$1,182,024
Receivables	1,782
Prepaid assets	34,104
Total current assets	1,217,910
Oil and natural gas properties, at cost, using the full cost method of accounting, unproved	1,898,947
TOTAL ASSETS	3,116,857
Current Liabilities	'
Accounts payable	55,208
Due to related parties	11,292
Registration rights liability	18,225
Total current liabilities	84,725
Derivative liabilities	2,819,739
Total liabilities	2,904,464
Commitments and contingencies	'
Series A preferred convertible stock	1,313,956
Stockholders' Deficit	'
Common Stock	12,500
Additional paid-in capital	1,637,509
Accumulated deficit	-2,751,572
Total stockholders' deficit	-1,101,563
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$3,116,857

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014
Statement of Financial Position [Abstract]	'
Series A preferred convertible stock, par value per share in dollars	$0.00
Series A preferred convertible stock, shares authorized	50,000,000
Series A preferred convertible stock, shares issued	2,025
Series A preferred convertible stock, shares outstanding	2,025
Series A preferred convertible stock, dividend rate	6.00%
Common stock, par value in dollars	$0.00
Common stock, shares authorized	50,000,000
Common stock, shares issued	12,500,000
Common stock, shares outstanding	12,500,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	9 Months Ended
	Sep. 30, 2014
Income Statement [Abstract]	'
Revenues	$0
Operating expenses:	'
General and administrative	399,567
Impairment of oil and natural gas properties	260,723
Total costs and expenses	660,290
Net loss from operations	-660,290
Non-operating expenses:	'
Loss on derivative valuation	-2,001,932
Registration rights expense	-48,600
Interest expense	-1,262
Total non-operating expenses	-2,051,794
Net loss	-2,712,084
Dividends on preferred stock	-39,488
Net loss attributable to common shareholders	($2,751,572)
Basic and diluted loss per share	($0.43)
Weighted average number of shares outstanding, basic and diluted	6,376,953

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Deficit (USD $)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning Balance at Jan. 16, 2014	$0	$0	$0	$0
Beginning Balance - shares at Jan. 16, 2014	0	'	'	'
Contributed assets in exchange for common stock, value	10,000	1,888,947	'	1,898,947
Contributed assets in exchange for common stock, shares	10,000,000	'	'	'
Recapitalization from Reverse Merger, value	2,500	-154,024	'	-151,524
Recapitalization from Reverse Merger, shares	2,500,000	'	'	'
Derivatives related to preferred stock and warrants	'	-106,763	'	-106,763
Offering costs related to issuance of preferred stock	'	-35,000	'	-35,000
Stock-based compensation	'	44,349	'	44,349
Dividends on preferred stock	'	'	-39,488	-39,488
Net loss	'	'	-2,712,084	-2,712,084
Ending Balance at Sep. 30, 2014	$12,500	$1,637,509	($2,751,572)	($1,101,563)
Ending Balance - shares at Sep. 30, 2014	12,500,000	'	'	'

Consoldiated_Statements_of_Cas

Consoldiated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES	'
Net loss	($2,712,084)
Adjustments to reconcile net loss to net cash used in operating activities:	'
Impairment of oil and natural gas properties	260,723
Loss on changes in fair value of derivatives	2,001,932
Stock-based compensation	44,349
Changes in operating assets and liabilities:	'
Accounts receivable, related party	-1,782
Prepaid assets	-34,104
Accounts payable	55,208
Registration rights liability	18,225
Due to related parties	11,292
NET CASH USED IN OPERATING ACTIVITIES	-356,241
CASH FLOWS FROM INVESTING ACTIVITIES	'
Payment of net liabilites from Westcott in Reverse Merger	-151,524
Cash paid for oil and natural gas properties	-260,723
NET CASH USED IN INVESTING ACTIVITIES	-412,247
CASH FLOWS FROM FINANCING ACTIVITIES	'
Proceeds from issuance of convertible preferred stock, net of offering costs	1,990,000
Payment of dividends on preferred stock	39,488
NET CASH PROVIDED BY FINANCING ACTIVITIES	1,950,512
NET CHANGE IN CASH AND CASH EQUIVALENTS	1,182,024
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	0
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,182,024
SUPPLEMENTAL CASH FLOW INFORMATION	'
Income taxes	0
Interest	1,262
NONCASH INVESTING AND FINANCING ACTIVITIES	'
Issuance of common stock for oil and natural gas properties	1,898,947
Derivative liabilities related to preferred stock and warrants	$817,807

Organization

Organization	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization	'
	NOTE 1 – ORGANIZATION
	In June 2014, the Board of Directors of the Company, with the consent of a majority of the shareholders, approved the change of the Company name to Dala Petroleum Corp. The Company mailed an information statement to the shareholders in July 2014. Effective August 18, 2014, Dala Petroleum Corp., changed its’ name from Westcott Products Corporation. Any reference to Dala Petroleum Corp. or Westcott Products Corporation are herein utilized interchangeably and refer to the same entity, Dala Petroleum Corp.
	Westcott Products Corporation (the “Company” or “Dala”) was incorporated as “Light Tech, Inc.” under the laws of the State of Nevada on May 24, 1984. A subsidiary in the name “Westcott Products Corporation” was organized by us under the laws of the State of Delaware on June 24, 1986, for the purpose of changing our name and domicile to the State of Delaware. On June 27, 1986, we merged with the Delaware subsidiary, with the survivor being Westcott Products Corporation, a Delaware corporation.

Merger

Merger	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Merger	'
	NOTE 2 – MERGER
	On June 2, 2014, the Company, its newly formed and wholly-owned subsidiary, Dala Acquisition Corp., a Nevada corporation (“Merger Subsidiary”), and Dala Petroleum Corp., a Nevada corporation (“Dala”), executed and delivered an Agreement and Plan of Merger (the “Merger Agreement”), whereby Merger Subsidiary merged with and into Dala, and Dala was the surviving company under the merger and became a wholly-owned subsidiary of Westcott (the “Merger”) on the closing of the Merger.
	Effective June 2, 2014, the respective Boards of Directors of Westcott and Dala, along with Westcott, as the sole stockholder of Merger Subsidiary, and Dala’s sole stockholder Chisholm Partners II, LLC, a Louisiana limited liability company (“Chisholm II”) owning 100% of the outstanding voting securities of Dala approved the Merger by written consent, and the Articles of Merger were filed with the Secretary of State of the State of Nevada on such date, which was the effective date of the Merger. Accordingly, Westcott issued 10,000,000 shares of its common stock in exchange for all of the outstanding shares of common stock of Dala, which was distributed to Dala Petroleum’s sole shareholder and was then distributed on a pro rata basis to its members.
	Immediately after the Merger, there were 12,500,000 outstanding shares of Westcott common stock, with pre-Merger Westcott stockholders owning 2,500,000 of these shares or approximately 20% of the outstanding voting securities of Westcott; and the members of Dala’s sole stockholder owning approximately 10,000,000 of these shares or approximately 80% of these outstanding voting securities of Westcott.
	Several conditions precedent as set forth in the Merger Agreement were completed prior to the Merger. One critical condition precedent set forth in the Merger Agreement was that Westcott would raise no less than $2,000,000 (the minimum offering) from persons who are “accredited investors” in consideration of the issuance (or the conversion) of a minimum of 2,000 shares up to a maximum of 2,500 shares of its Series A 6% Convertible Preferred Stock at the offering price of $1,000 per unit.
	On June 3, 2014, the Company sold 2,025 units in the offering. Each unit consisted of one share of Series A 6% Convertible Preferred Stock that is convertible at any time at the option of the Holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested and 1,429 warrants to purchase common shares of the Company at an exercise price of $1.35 with a life of three years as of the “Effective Date, ” defined as the earliest date of the following to occur: (a) the initial registration statement required by the Offering Documents has been declared effective by the United States Securities and Exchange Commission (the “SEC”), (b) all of the underlying shares have been sold pursuant to SEC Rule 144 or may be sold pursuant to SEC Rule 144 without the requirement for the Company to be in compliance with the current public information required under SEC Rule 144 and without volume or manner-of-sale restrictions or (c) following the one year anniversary of June 3, 2014.
	Dala possesses rights to engage in oil and natural gas exploration and development on approximately 300 leases in north central Kansas, with total acreage of approximately 80,000 acres (the “Property”). Dala is operating as an early-stage oil exploration company focused on the Property, which has oil potential at depths of less than 6,000 feet. With the Merger, the Company now has these rights.
	Prior to the Merger, Westcott was considered a shell company, as defined in SEC Rule 12b-2. Therefore, for financial reporting purposes, the Merger is being accounted for as a reverse-merger and recapitalization of Dala.

Basis_of_Presentation_and_Summ

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Summary of Significant Accounting Policies	'
	NOTE 3 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The Company’s consolidated financial statements have been prepared in accordance with the accounting principles generally accepted in the United States of America ("GAAP”). The consolidated financial statements include the accounts of Dala Petroleum Corp., a Nevada corporation (“Dala”). The Company does not have investments in any unconsolidated subsidiaries.
	As discussed above in Note 2, the Company merged with Dala on June 2, 2014 (the “Merger”). Dala is focused on the acquisition and development of oil and natural gas resources in the United States. Prior to the Merger, Westcott was considered a shell company, as defined in SEC Rule 12b-2. For financial reporting purposes, the Merger represents a “reverse merger” rather than a business combination. Consequently, the assets and liabilities and the operations that are reflected in the historical financial statements are those of Dala immediately following the consummation of the reverse merger.
	As Dala’s date of Inception was January 17, 2014 (“Inception”), the Consolidated Statement of Operations, the Consolidated Statement of Stockholders’ Deficit and the Consolidated Statement of Cash Flows include the activity for Dala since that date and the activity of Westcott since June 2, 2014. Comparative financial statements are not presented, as Dala was not in existence in the prior year. All share and per-share amounts in these financial statements have been recast to reflect the continuing entity common stock.
	Use of Estimates
	The timely preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from those estimates.
	Fair Value of Financial Instruments
	Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The Company uses a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:
	Level 1 – Unadjusted quoted prices in active markets that are accessible at measurement date 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 and less observable from objective sources.
	Oil and Natural Gas Properties
	The Company follows the full cost method of accounting for oil and natural gas operations whereby all costs related to the exploration and development of oil and natural gas reserves are initially capitalized into a single cost center (“full cost pool”). Such costs include land acquisition costs, a portion of employee salaries related to property development, geological and geophysical expenses, carrying charges on non-producing properties, costs of drilling directly related to acquisition, professional fees related to due diligence and services related to prospective properties being considered for acquisition, overhead charges directly related to an acquisition, and exploration and development activities. Internal salaries are capitalized based on employee time allocated to the acquisition of leaseholds and development of oil and natural gas properties. The Company did not capitalize interest for the period ended September 30, 2014. All of the Company’s oil and gas properties are located within the United States, its sole cost center.
	Under the full cost method of accounting, capitalized oil and natural gas property costs less accumulated depletion, net of deferred income taxes, may not exceed a ceiling amount equal to the present value, discounted at 10%, of estimated future net revenues from proved oil and natural gas reserves plus the cost of unproved properties not subject to amortization (without regard to estimates of fair value), or estimated fair value, if lower, of unproved properties that are subject to amortization. Should capitalized costs exceed this ceiling, which is tested on a quarterly basis, an impairment is recognized. The present value of estimated future net revenues is computed by applying prices based on a 12-month unweighted average of the oil and natural gas prices in effect on the first day of each month, less estimated future expenditures to be incurred in developing and producing the proved reserves (assuming the continuation of existing economic conditions), less any applicable future taxes. If such capitalized costs exceed the ceiling, the Company will record a write-down to the extent of such excess as a non-cash charge to earnings. Any such write-down will reduce earnings in the period of occurrence and results in a lower depreciation, depletion and amortization rate in future periods. A write-down may not be reversed in future periods even though higher oil and natural gas prices may subsequently increase the ceiling.
	Proceeds from property sales will generally be credited to the full cost pool, with no gain or loss recognized, unless such a sale would significantly alter the relationship between capitalized costs and the proved reserves attributable to these costs. There were no sales or gains or losses during the period presented.
	The Company assesses all items classified as unproved property on a quarterly basis for possible impairment or reduction in value. The assessment includes consideration of the following factors, among others: intent to drill, remaining lease term, geological and geophysical evaluations, drilling results and activity, the assignment of proved reserves, and the economic viability of development if proved reserves are assigned. During any period in which these factors indicate an impairment, the cumulative drilling costs incurred to date for such property and all or a portion of the associated leasehold costs are transferred to the full cost pool and are then subject to depletion and amortization. The costs of drilling exploratory dry holes are included in the amortization base immediately upon determination that the well is dry. Additionally, any cost related to due diligence and professional services related to the evaluation, search and identification of prospective properties is transferred to the full cost pool and immediately expensed as the cost do not directly related to any oil and natural gas properties leased or owned, unless the property is acquired during the same period the costs are incurred and directly associated with the purchased of the oil and natural gas properties.
	Capitalized costs associated with impaired properties and properties having proved reserves, estimated future development costs, and asset retirement costs under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 410-20-25 are depleted and amortized on the unit-of-production method based on the estimated gross proved reserves. The costs of unproved properties are withheld from the depletion base until such time as they are developed, impaired, or abandoned.
	During the period ended September 30, 2014, the Company incurred $260,723 in oil and natural gas expenditures, which is comprised of approximately $172,000 in professional fees related to due diligence on prospective properties the Company ultimately did not purchase and approximately $89,000 related to two dry holes related to exploration efforts directly related to our leased properties. The $172,000 in expenses related to the impairment of oil and natural gas properties are comprised of geological and geophysical costs “G & G costs” that were properly capitalized, for which the property was not subsequently acquired. Under the full cost method of accounting, if G&G costs cannot be directly associated with specific unevaluated properties, they shall be included in the amortization base as incurred. As the Company has no proved reserves as of September 30, 2014, any balance in the amortization base is effectively impaired under the ceiling test. These cost were classified as impaired as of September 30, 2014 and are included within operating expenses in the statement of operations.
	As of September 30, 2014, the Company’s oil and natural gas properties of $1,898,947 were all classified as unproved.
	Revenue Recognition
	The Company recognizes oil and natural gas revenues from our interests in producing wells when production is delivered to, and title has transferred to, the purchaser and to the extent the selling price is reasonably determinable.
	The Company uses the sales method of accounting for balancing of natural gas production and would recognize a liability if the existing proven reserves were not adequate to cover the current imbalance situation.
	Asset Retirement Obligation
	Asset retirement obligation (“ARO”) reflects the estimated present value of the amount of dismantlement, removal, site reclamation and similar activities associated with the Company's oil and natural gas properties. Inherent in the fair value calculation of the ARO are numerous assumptions and judgments including the ultimate settlement amounts, inflation factors, credit adjusted discount rates, timing of settlement and changes in the legal, regulatory, environmental and political environments. As of September 30, 2014, the Company had no outstanding obligations related to ARO liability.
	Stock-based Compensation
	The Company records stock based compensation in accordance with the guidance in ASC 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This requires that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.
	The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with ASC 718-10 and the conclusions reached by the ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by ASC 505-50.
	Income Taxes
	The Company follows ASC Topic 740 for recording the provision for income taxes. Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change.
	Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.
	The Company applies a more-likely-than-not recognition threshold for all tax uncertainties. ASC Topic 740 only allows the recognition of those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities. As of September 30, 2014, the Company reviewed its tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore this standard has not had a material effect on the Company.
	Loss per Share
	The Company follows ASC Topic 260 to account for the loss per share. Basic loss per common share calculations are determined by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted loss per common share calculations are determined by dividing net loss by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. As the Company has incurred losses for the period ended September 30, 2014, the potentially dilutive shares totaling 6,386,582 are anti-dilutive and are thus not added into the loss per share calculations. Due to the anti-dilutive impact the weighted average dilutive shares outstanding for the period ended September 30, 2014, for basic and dilutive shares, are the same.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Recent Accounting Pronouncements	'
	NOTE 4 – RECENT ACCOUNTING PRONOUNCEMENTS
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (“ASU No. 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. The new standard is effective for annual reporting periods beginning after December 15, 2016. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.
	In June 2014, the FASB issued Accounting Standards Update No. 2014-10 (“ASU No. 2014-10”), which eliminated the definition of a Development Stage Entity and the related reporting requirements. ASU No. 2014-10 is effective for annual reporting periods beginning after December 15, 2014, with early adoption allowed. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows, and shareholder's equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments in this update are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein, and early adoption is required. The Company chose to adopt ASU No. 2014-10 early, effective in its financial statements for the period ended September 30, 2014.
	In August 2014, the FASB issued Accounting Standard Update No. 2014-15 (“ASU No. 2014-15”), Presentation of Financial Statements Going Concern (Subtopic 205-40) which requires management to assess an entity's ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management's plans and requires an express statement and other disclosures when substantial doubt is not alleviated. ASU No. 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, early application is permitted. We are currently evaluating the accounting implication and do not believe the adoption of ASU 2014-15 to have material impact on our consolidated financial statements, although there may be additional disclosures upon adoption.
	The Company has evaluated all other recent accounting pronouncements and believes that none of them will have a significant effect on the Company’s financial statement.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	NOTE 5 – RELATED PARTY TRANSACTIONS
	On June 2, 2014, the Company issued 10,000,000 shares of its common stock to Chisholm II, Dala’s sole stockholder prior to the Merger, in exchange for oil and natural gas assets. As the leases were transferred to the Company by the sole shareholder of the Company, the leases were recorded based on the historical cost basis of the contributing shareholder of $1,898,947.
	The Company has a service agreement with Chisholm II to use its existing technical exploration team for general and administrative-type services on behalf of the Company. The Company is obligated to pay Chisholm II $25,000 per month plus expenses for these services. For the period from Inception to September 30, 2014, the Company paid $194,115 for its services.
	In June 2014, the Company entered into an Option Participation Agreement with Chisholm II, whereby Chisholm II granted the Company the option, at the Company’s own election, to participate for up to twenty-five percent (25%) of Chisholm II’s share of each drilling operation in search for oil or gas in the State of Kansas undertaken by Chisholm II.
	The Company had general and administrative expenses paid on its behalf by Chisholm II in the amount of $25,178 during the period from Inception to September 30, 2014, which the Company had reimbursed by September 30, 2014. The Company also had general and administrative expenses paid on its behalf by an officer of the Company in the amount of $48,779. The balance due to the officer is $11,292 as of September 30, 2014.

Preferred_Convertible_Stock_an

Preferred Convertible Stock and Warrants	9 Months Ended
	Sep. 30, 2014
Preferred Convertible Stock And Warrants	'
Preferred Convertible Stock and Warrants	'
	NOTE 6 – PREFERRED CONVERTIBLE STOCK AND WARRANTS
	As discussed in Note 2 above, during the period from Inception through September 30, 2014, the Company sold 2,025 units of Series A 6% Convertible Preferred Stock and related warrants at the price of $1,000 per unit. Each unit consisted of one share of Series A 6% Convertible Preferred Stock that is convertible at any time at the option of the holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested (subject to adjustment) and 1,429 warrants to purchase common shares of the Company at an exercise price of $1.35 with the life of three years. The Company received proceeds totaled $1,990,000 (net of offering costs of $35,000). (See Note 7 and Note 9)

Capital_Structure

Capital Structure	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Capital Structure	'
	NOTE 7 – CAPITAL STRUCTURE
	The Company has two classes of capital stock: common and preferred. As of September 30, 2014, the Company had 50,000,000 shares of common stock authorized and 50,000,000 shares of preferred stock authorized. Both the common shares and preferred shares have a par value of $0.001 per share.
	Common Stock
	On June 2, 2014, the Company issued 10,000,000 shares of its common stock to Chisholm II in exchange for oil and natural gas assets recorded at $1,898,947.
	As discussed above, the Company completed a reverse merger with Dala, with Dala being the acquirer for financial reporting purposes. At the date of the Merger, Westcott had 2,500,000 shares of common stock outstanding. As consideration for the Merger, 10,000,000 shares were issued to the shareholders of Chisholm II.
	Series A 6% Convertible Preferred Stock
	As of September 30, 2014, the Company has 2,025 shares of Series A 6% Convertible Preferred Stock (“Series A”) issued and outstanding. The Series A is convertible at any time at the option of the holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested. The Series A is contingently redeemable at a fixed price and such redemption would not be solely within the control of the Company, the preferred stock is classified outside of stockholders’ deficit, as “temporary equity” between liabilities and stockholders’ deficit on the Company’s consolidated balance sheet.
	The convertible preferred shares have the following features:
	Dividends
	The Series A accrues dividends at a rate of 6% per annum, whether or not declared by the Company’s Board of Directors and are cumulative and payable quarterly in cash or, at the Company’s option, in shares of the Company’s common stock.
	Voting
	The Series A has no voting rights.
	Anti-Dilution protection
	If, at any time while this Preferred Stock is outstanding, the Company sells or grants any option to purchase any Common Stock or Common Stock at a price lower than $0.70, then the conversion price shall be reduced to equal the lower issuance price.
	Redemption
	Upon the occurrence of a triggering event, each holder shall have the right to require the Corporation to redeem all of the Series A in cash at the redemption amount which is the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock Based Compensation	'
	NOTE 8 – STOCK BASED COMPENSATION
	Stock-Based Compensation
	On June 2, 2014, the Company granted options to acquire common shares to its Chief Executive Officer and two directors, totaling 600,000 options. The options have an exercise price of $0.70 per share for terms of six years. The fair market value of this award was estimated using the Black-Sholes option pricing model using a price of $0.70, which is equal to the exercise price at the date of grant. Of the total stock options, 400,000 vest equally over the next four years and 200,000 vest equally over the next two years. The contractual life of both option grants extends to six years from the date of grant. The total fair value of these options at the date of grant was estimated to be $400,087, and was determined using the Black-Scholes option pricing model with expected lives of 4.25 (four-year vesting) and 3.75 years (two-year vesting), a risk-free interest rate of 1.92%, a dividend yield of 0% and expected volatility of 195%. The expected terms were determined using the simplified method. During the period from Inception to September 30, 2014, the Company recorded $44,349 of stock-based compensation expense.
	The following is a summary of the status of all of the Company’s stock options as of September 30, 2014 and changes during the period ended on that date:
		Number	Weighted-		Weighted-
		of Options	Average		Average
			Exercise Price		Remaining
					Contractual Life
					(Years)
	Outstanding at January 17, 2014	-		-	-
	Granted	600,000	$	0.7	6
	Exercised	-		-	-
	Cancelled	-		-	-
	Outstanding at September 30, 2014	600,000	$	0.7	5.68
	Exercisable at September 30, 2014	-		-	-
	As of September 30, 2014, the intrinsic value of outstanding stock options was $384,000.

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2014
Derivative Instrument Detail [Abstract]	'
Derivatives	'
	NOTE 9 –DERIVATIVES
	On June 2, 2014, in connection with the issuance of Series A, the Company issued a total of 2,893,725 warrants. Both of the Series A and the warrants have a full-ratchet down-round provision on the exercise price, in which the investors’ conversion price is adjusted down to the share price of future financings.
	Therefore, following ASC 815-40, the warrants and the conversion feature of the preferred stock are not considered indexed to our own stock, and as such, the fair value of the embedded derivative liabilities are reflected on the balance sheet and all future changes in the fair value of these warrants and the conversion feature of the preferred stock will be recognized currently in earnings in our consolidated statement of operations under the caption “Loss on derivative valuation” until such time as the warrants are exercised or expire and until such time as the preferred stock is converted.
	As of September 30, 2014 the fair value of the conversion features of the preferred stock and the warrants was $2,722,448. The fair value of the full-ratchet down-round provision of the preferred stock and warrants was $97,292. The total derivative valuation as of September 30, 2014 was $2,819,739. These amounts were determined using a multi-nominal lattice model with the following assumptions as described below.
	Warrants:
	• Three year term
	• Risk-free rate of 1.07% during the three year term
	• Stock price volatility of 162.75%
	• Assumption of future stock offerings by the Company of zero in the first six months of the term and 100% in the next twelve months, with zero probability of being a down round
	Conversion Feature on Preferred Stock:
	• Estimated conversion of all preferred shares within 14 months
	• Risk-free rate of 0.58% based on the assumed two years outstanding
	• Stock price volatility of 181.39%
	• Assumption of future stock offerings by the Company of zero in the first six months of the term and 100% in the next twelve months, with zero probability of being a down round

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Note 10 – Fair Value Measurements
	The Company measures fair value in accordance with FASB ASC Topic 820, Fair Value Measurements and Disclosures, which defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price).
	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, 2014:
		Fair Value Measurements at September 30, 2014
	Description	Quoted Prices		Significant		Significant		Total
		In Active		Other		Unobservable		Carrying
		Markets for		Observable		Inputs		Value
		Identical		Inputs		(Level 3)
		Assets		(Level 2)
		(Level 1)
	Derivative liability	$	-	$	-	$	2,819,739	$	2,819,739
	Total	$	-	$	-	$	2,819,739	$	2,819,739
	The following table sets forth a reconciliation of changes in the fair value of financial assets and liabilities classified as level 3 in the fair value hierarchy:
		Significant
		Unobservable Inputs
		(level 3)
	Beginning balance	$	-
	Total (loss) gains
	Settlements
	Additions		2,819,739
	Transfers
	Ending balance	$	2,819,739
	Change in unrealized gains (losses) included in earnings relating to derivatives still held as of September 30, 2014		-2,001,932

Registration_Rights_Penalty

Registration Rights Penalty	9 Months Ended
	Sep. 30, 2014
Registration Rights Penalty	'
Registration Rights Penalty	'
	NOTE 11 – REGISTRATION RIGHTS PENALTY
	In connection with the private placement and sale of 2,025 units of Series A 6% Convertible Preferred Stock and related warrants at the price of $1,000 per unit, the Company was required to register certain shares of common stock as part of a Registration Rights Agreement.
	The Company granted the investors’ registration rights on the underlying shares related to the Series A 6% Convertible Preferred Stock and warrants. The registration rights agreement provided for a liquidated damages provision imposed upon the Company of 1.5% of the gross proceeds per month for each month that the shares are not registered. The liquidated damages are not to exceed 9%. The Company filed a registration statement that was effective on September 12, 2014 that did not register all of the underlying shares of the Series A 6% Convertible Preferred Stock the warrants and the dividend payments required to be registered in the Registration Rights Agreement. As of September 30, 2014, the Company incurred registration rights penalty of $48,600.
	The Company has also accrued interest in the amount of $1,262 September 30, 2014 at the rate of 18% per annum simple interest in accordance with the terms of the registration rights agreement.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	NOTE 12 – INCOME TAXES
	As of September 30, 2014, the Company had gross federal income tax net operating loss carry forwards of $812,811. The net operating loss carry forwards will expire beginning in 2020, if not utilized. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the Company attaining future taxable income during periods in which those temporary differences become deductible. Due to the uncertainty surrounding the realization of the benefits of its deferred assets, including net operating loss carry forwards, the Company has provided a 100% valuation allowance on its deferred tax assets at September 30, 2014. The Internal Revenue Code Section 382 limits net operating loss and tax credit carry forwards when an ownership change of more than 50% of the value of the stock in a loss corporation occurs.
	Accordingly, the ability to utilize remaining net operating loss and tax credit carry forwards may be significantly restricted.
	The Company’s deferred income taxes reflect the net tax effects of operating loss and tax credit carry forwards and temporary differences between carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible.
	The Components of the income tax provision are as follows:
		30-Sep-14
	Current
	Federal	$	-
	State		-
	Total current	$	-
	Deferred
	Federal	$	-932,827
	State	$	-
	Benefit of Operating Loss Carryforwards	$	932,827
	Total deferred
	Income tax expense	$	-
	Components of deferred tax assets as of September 30, 2014 are as follows:
	Net operating loss -Federal	$	276,356
	Net operating loss –State
	Derivatives liabilities		680,657
	Stock options		15,079
	Valuation allowance for deferred tax assets		-972,092
	Net deferred tax assets	$	-
	The deferred tax asset generated by the loss carry-forward has been fully reserved due to the uncertainty that the Company will be able to realize the benefit from it. The valuation allowance increased by $968,168 from $17,350 during the year ended September 30, 2014.
	The reconciliation of income tax provision at the statutory rate to the reported income tax expense is as follows:
		2014
	Tax provision at statutory		-947,130
	State taxes		-
	Permanent Difference		877
	Change in Valuation allowance		954,742
	Rate Change		-22,021
	Preferred stock dividend		13,426
	Other, net		106
	Actual Provision/(Benefit)		-

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	NOTE 13 – COMMITMENTS AND CONTINGENCIES
	The Company, as a lessee of oil and gas properties, is subject to various federal, state and local laws and regulations relating to discharge of materials into, and protection of, the environment. These laws and regulations may, among other things, impose liability on the lessee under an oil and gas lease for the cost of pollution clean-up resulting from operations and subject the lessee to liability for pollution damages. We believe our operations are in substantial compliance with existing requirements of governmental bodies.

Going_Concern

Going Concern	9 Months Ended
	Sep. 30, 2014
Going Concern	'
Going Concern	'
	NOTE 14 – GOING CONCERN
	The Company's financial statements have been prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business.
	Accordingly, the financial statements do not include any adjustments related to the recoverability of assets or classification of liabilities that might be necessary should the Company be unable to continue as a going concern. As of September 30, 2014, the Company has recorded negative cash flows from operations and has incurred net losses for the period from inception on January 17, 2014 through September 30, 2014. In addition, the Company is not currently generating any revenues from its oil and natural gas properties, but, is in the early exploration phase in identifying proved reserves from within its unproved properties. Taken together the preceding circumstances raise substantial doubt about the Company's ability to continue as a going concern.
	The Company is attempting to commence explorations and generate revenue; however, the Company’s future cash position may not be sufficient to support its daily operations. While the Company believes in the viability of its strategy in the exploration and development of its unproved properties and the Company’s ability to raise additional funds, until such time it is able to generate sufficient revenue to support its operations, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon its ability to further implement its business plan and in its ability to raise additional funds, until such time the Company can generate sufficient revenues to support its operations.
	The consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	NOTE 15 – SUBSEQUENT EVENTS
	On November 17, 2014, one of the Company’s shareholders of Series A 6% Convertible Preferred Stock, Chienn Consulting Company, converted 17 shares of its Series A 6% Convertible Preferred Stock into 24,286 shares of the Company’s common stock.

Accounting_Policies_Policies

Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The Company’s consolidated financial statements have been prepared in accordance with the accounting principles generally accepted in the United States of America ("GAAP”). The consolidated financial statements include the accounts of Dala Petroleum Corp., a Nevada corporation (“Dala”). The Company does not have investments in any unconsolidated subsidiaries.
	The Company merged with Dala on June 2, 2014 (the “Merger”). Dala is focused on the acquisition and development of oil and natural gas resources in the United States. Prior to the Merger, Westcott was considered a shell company, as defined in SEC Rule 12b-2. For financial reporting purposes, the Merger represents a “reverse merger” rather than a business combination. Consequently, the assets and liabilities and the operations that are reflected in the historical financial statements are those of Dala immediately following the consummation of the reverse merger.
	As Dala’s date of Inception was January 17, 2014 (“Inception”), the Consolidated Statement of Operations, the Consolidated Statement of Stockholders’ Deficit and the Consolidated Statement of Cash Flows include the activity for Dala since that date and the activity of Westcott since June 2, 2014. Comparative financial statements are not presented, as Dala was not in existence in the prior year. All share and per-share amounts in these financial statements have been recast to reflect the continuing entity common stock.
Use of Estimates	'
	Use of Estimates
	The timely preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from those estimates.
Fair value of Financial Instruments	'
	Fair Value of Financial Instruments
	Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use of unobservable inputs. The Company uses a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable, that may be used to measure fair value which are the following:
	Level 1 – Unadjusted quoted prices in active markets that are accessible at measurement date 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 and less observable from objective sources.
Oil and Natural Gas Properties	'
	Oil and Natural Gas Properties
	The Company follows the full cost method of accounting for oil and natural gas operations whereby all costs related to the exploration and development of oil and natural gas reserves are initially capitalized into a single cost center (“full cost pool”). Such costs include land acquisition costs, a portion of employee salaries related to property development, geological and geophysical expenses, carrying charges on non-producing properties, costs of drilling directly related to acquisition, professional fees related to due diligence and services related to prospective properties being considered for acquisition, overhead charges directly related to an acquisition, and exploration and development activities. Internal salaries are capitalized based on employee time allocated to the acquisition of leaseholds and development of oil and natural gas properties. The Company did not capitalize interest for the period ended September 30, 2014. All of the Company’s oil and gas properties are located within the United States, its sole cost center.
	Under the full cost method of accounting, capitalized oil and natural gas property costs less accumulated depletion, net of deferred income taxes, may not exceed a ceiling amount equal to the present value, discounted at 10%, of estimated future net revenues from proved oil and natural gas reserves plus the cost of unproved properties not subject to amortization (without regard to estimates of fair value), or estimated fair value, if lower, of unproved properties that are subject to amortization. Should capitalized costs exceed this ceiling, which is tested on a quarterly basis, an impairment is recognized. The present value of estimated future net revenues is computed by applying prices based on a 12-month unweighted average of the oil and natural gas prices in effect on the first day of each month, less estimated future expenditures to be incurred in developing and producing the proved reserves (assuming the continuation of existing economic conditions), less any applicable future taxes. If such capitalized costs exceed the ceiling, the Company will record a write-down to the extent of such excess as a non-cash charge to earnings. Any such write-down will reduce earnings in the period of occurrence and results in a lower depreciation, depletion and amortization rate in future periods. A write-down may not be reversed in future periods even though higher oil and natural gas prices may subsequently increase the ceiling.
	Proceeds from property sales will generally be credited to the full cost pool, with no gain or loss recognized, unless such a sale would significantly alter the relationship between capitalized costs and the proved reserves attributable to these costs. There were no sales or gains or losses during the period presented.
	The Company assesses all items classified as unproved property on a quarterly basis for possible impairment or reduction in value. The assessment includes consideration of the following factors, among others: intent to drill, remaining lease term, geological and geophysical evaluations, drilling results and activity, the assignment of proved reserves, and the economic viability of development if proved reserves are assigned. During any period in which these factors indicate an impairment, the cumulative drilling costs incurred to date for such property and all or a portion of the associated leasehold costs are transferred to the full cost pool and are then subject to depletion and amortization. The costs of drilling exploratory dry holes are included in the amortization base immediately upon determination that the well is dry. Additionally, any cost related to due diligence and professional services related to the evaluation, search and identification of prospective properties is transferred to the full cost pool and immediately expensed as the cost do not directly related to any oil and natural gas properties leased or owned, unless the property is acquired during the same period the costs are incurred and directly associated with the purchased of the oil and natural gas properties.
	Capitalized costs associated with impaired properties and properties having proved reserves, estimated future development costs, and asset retirement costs under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 410-20-25 are depleted and amortized on the unit-of-production method based on the estimated gross proved reserves. The costs of unproved properties are withheld from the depletion base until such time as they are developed, impaired, or abandoned.
Revenue Recognition	'
	Revenue Recognition
	The Company recognizes oil and natural gas revenues from our interests in producing wells when production is delivered to, and title has transferred to, the purchaser and to the extent the selling price is reasonably determinable.
	The Company uses the sales method of accounting for balancing of natural gas production and would recognize a liability if the existing proven reserves were not adequate to cover the current imbalance situation.
Asset Retirement Obligation	'
	Asset Retirement Obligation
	Asset retirement obligation (“ARO”) reflects the estimated present value of the amount of dismantlement, removal, site reclamation and similar activities associated with the Company's oil and natural gas properties. Inherent in the fair value calculation of the ARO are numerous assumptions and judgments including the ultimate settlement amounts, inflation factors, credit adjusted discount rates, timing of settlement and changes in the legal, regulatory, environmental and political environments. As of September 30, 2014, the Company had no outstanding obligations related to ARO liability.
Stock-Based Compensation	'
	Stock-Based Compensation
	The Company records stock based compensation in accordance with the guidance in ASC 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This requires that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award.
	The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with ASC 718-10 and the conclusions reached by the ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by ASC 505-50.
Income Taxes	'
	Income Taxes
	The Company follows ASC Topic 740 for recording the provision for income taxes. Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change.
	Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.
	The Company applies a more-likely-than-not recognition threshold for all tax uncertainties. ASC Topic 740 only allows the recognition of those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities. As of September 30, 2014, the Company reviewed its tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore this standard has not had a material effect on the Company.
Loss per Share	'
	Loss per Share
	The Company follows ASC Topic 260 to account for the loss per share. Basic loss per common share calculations are determined by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted loss per common share calculations are determined by dividing net loss by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (“ASU No. 2014-09”), which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. The new standard is effective for annual reporting periods beginning after December 15, 2016. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.
	In June 2014, the FASB issued Accounting Standards Update No. 2014-10 (“ASU No. 2014-10”), which eliminated the definition of a Development Stage Entity and the related reporting requirements. ASU No. 2014-10 is effective for annual reporting periods beginning after December 15, 2014, with early adoption allowed. In addition, the amendments eliminate the requirements for development stage entities to (1) present inception-to-date information on the statements of income, cash flows, and shareholder's equity, (2) label the financial statements as those of a development stage entity, (3) disclose a description of the development stage activities in which the entity is engaged, and (4) disclose in the first year in which the entity is no longer a development stage entity that in prior years it had been in the development stage. The amendments in this update are effective for annual reporting periods beginning after December 15, 2014, and interim periods therein, and early adoption is required. The Company chose to adopt ASU No. 2014-10 early, effective in its financial statements for the period ended September 30, 2014.
	In August 2014, the FASB issued Accounting Standard Update No. 2014-15 (“ASU No. 2014-15”), Presentation of Financial Statements Going Concern (Subtopic 205-40) which requires management to assess an entity's ability to continue as a going concern by incorporating and expanding upon certain principles that are currently in U.S. auditing standards. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management's plans and requires an express statement and other disclosures when substantial doubt is not alleviated. ASU No. 2014-15 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, early application is permitted. We are currently evaluating the accounting implication and do not believe the adoption of ASU 2014-15 to have material impact on our consolidated financial statements, although there may be additional disclosures upon adoption.
	The Company has evaluated all other recent accounting pronouncements and believes that none of them will have a significant effect on the Company’s financial statement.

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-Based Compensation, Stock Options, Activity	'
		Number	Weighted-		Weighted-
		of Options	Average		Average
			Exercise Price		Remaining
					Contractual Life
					(Years)
	Outstanding at January 17, 2014	-		-	-
	Granted	600,000	$	0.7	6
	Exercised	-		-	-
	Cancelled	-		-	-
	Outstanding at September 30, 2014	600,000	$	0.7	5.68
	Exercisable at September 30, 2014	-		-	-

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'
		Fair Value Measurements at September 30, 2014
	Description	Quoted Prices		Significant		Significant		Total
		In Active		Other		Unobservable		Carrying
		Markets for		Observable		Inputs		Value
		Identical		Inputs		(Level 3)
		Assets		(Level 2)
		(Level 1)
	Derivative liability	$	-	$	-	$	2,819,739	$	2,819,739
	Total	$	-	$	-	$	2,819,739	$	2,819,739
Schedule of Reconciliation of Changes in Fair Value of Financial Assets and Liabilities	'
		Significant
		Unobservable Inputs
		(level 3)
	Beginning balance	$	-
	Total (loss) gains
	Settlements
	Additions		2,819,739
	Transfers
	Ending balance	$	2,819,739
	Change in unrealized gains (losses) included in earnings relating to derivatives still held as of September 30, 2014		-2,001,932

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense Benefits	'
		30-Sep-14
	Current
	Federal	$	-
	State		-
	Total current	$	-
	Deferred
	Federal	$	-932,827
	State	$	-
	Benefit of Operating Loss Carryforwards	$	932,827
	Total deferred
	Income tax expense	$	-
Schedule of Deferred Tax Assets and Liabilities	'
	Net operating loss -Federal	$	276,356
	Net operating loss –State
	Derivatives liabilities		680,657
	Stock options		15,079
	Valuation allowance for deferred tax assets		-972,092
	Net deferred tax assets	$	-
Schedule of Effective Income Tax Rate Reconciliation	'
		2014
	Tax provision at statutory		-947,130
	State taxes		-
	Permanent Difference		877
	Change in Valuation allowance		954,742
	Rate Change		-22,021
	Preferred stock dividend		13,426
	Other, net		106
	Actual Provision/(Benefit)		-

Merger_Details_Narrative

Merger (Details Narrative)	9 Months Ended
	Sep. 30, 2014
	Integer
	acre
Business Combinations [Abstract]	'
Business acquisition, name of acquired entity	'Dala Petroleum Corp.
Business acquisition, effective date of acquisition	2-Jun-14
Business acquisition, percentage of voting interest	100.00%
Business acquisition, shares issued	10,000,000
Common stock, shares outstanding	12,500,000
Series A preferred convertible stock, dividend rate	6.00%
Business acquisition, post-merger, equity interest in acquiree, description	'There were 12,500,000 outstanding shares of Westcott common stock, with pre-Merger Westcott stockholders owning 2,500,000 of these shares or approximately 20% of the outstanding voting securities of Westcott; and the members of Dala's sole stockholder owning approximately 10,000,000 of these shares or approximately 80% of these outstanding voting securities of Westcott.
Business acquisition, contingent consideration arrangement, description	'Several conditions precedent as set forth in the Merger Agreement were completed prior to the Merger. One critical condition precedent set forth in the Merger Agreement was that Westcott would raise no less than $2,000,000 (the minimum offering) from persons who are "accredited investors" in consideration of the issuance (or the conversion) of a minimum of 2,000 shares up to a maximum of 2,500 shares of its Series A 6% Convertible Preferred Stock at the offering price of $1,000 per unit.
Series A preferred convertible stock, units issued	2,025
Series A convertible preferred stock, conversion terms	'Each unit consisted of one share of Series A 6% Convertible Preferred Stock that is convertible at any time at the option of the Holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested and 1,429 warrants to purchase common shares of the Company at an exercise price of $1.35 with a life of three years.
Oil and gas leases, acreage	80,000
Number of oil leases	300

Basis_of_Presentation_and_Summ1

Basis of Presentation and Summary of Significant Accounting Policies (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Oil and Gas Properties	'
Oil and gas properties, unproved	$1,898,947
Expenditures for oil and gas properties	-260,723
Professional fees, approximate	172,000
Dry hole exploration expense, approximate	89,000
Asset Retirement Obligations	'
Asset retirement obligation	$0
Earnings Per Share	'
Potentially dilutive shares	6,386,582

Related_Party_Transactions_Det

Related Party Transactions (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Accounts payable, related parties	$11,292
Contribution of unproved oil and natural gas properties	1,898,947
Exploration and development obligation, description	'The Company has a service agreement with Chisholm II to use its existing technical exploration team to further explore and develop the oil and gas Property. The Company is obligated to pay Chisholm II $25,000 per month plus expenses for these services.
Exploration and development expenses	194,115
Related party transaction, amounts of transactions	25,178
Repayment of related party transactions	25,178
Related party transaction, selling, general and administrative expenses	$48,779
Shares issued for transfer of oil and natural gas assets	10,000,000

Preferred_Convertible_Stock_an1

Preferred Convertible Stock and Warrants (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Preferred Convertible Stock And Warrants	'
Series A preferred convertible stock, units issued	2,025
Series A preferred convertible stock, price per unit	$1,000
Series A preferred convertible stock, conversion basis	'Series A 6% Convertible Preferred Stock that is convertible at any time at the option of the holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested.
Warrants issued	1,429
Warrants, conversion price	$1.35
Proceeds from issuance of convertible preferred stock, net of offering costs	$1,990,000

Capital_Structure_Details_Narr

Capital Structure (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Common stock, shares authorized	50,000,000
Series A preferred convertible stock, shares authorized	50,000,000
Business acquisition, shares issued	10,000,000
Contribution of unproved oil and natural gas properties	$1,898,947
Common stock, other shares outstanding	2,500,000
Series A preferred convertible stock, units issued	2,025
Series A preferred convertible stock, conversion basis	'Series A 6% Convertible Preferred Stock that is convertible at any time at the option of the holder into common stock at the conversion price of $0.70 per common share based on the total dollar amount invested.
Series A preferred convertible stock, redemption terms	'Upon the occurrence of a triggering event, each holder shall have the right to require the Corporation to redeem all of the Series A in cash at the redemption amount which is the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

StockBased_Compensation_Schedu

Stock-Based Compensation - Schedule of Stock Option Activity (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Share-Based Compensation Arrangement By Share-Based Payment Award Options Outstanding [Roll Forward]	'
Number of Options Outstanding, beginning of period	0
Number of Options, Granted	600,000
Number of Options Outstanding, end of period	600,000
Share-Based Compensation Arrangement by Share-Based Payment Award Options Outstanding Weighted Average Exercise Price	'
Weighted Average Exercise Price Outstanding, beginning of period	$0
Weighted Average Exercise Price, Grants	$0.70
Weighted Average Exercise Price Outstanding, end of period	$0.70
Share-Based Compensation Arrangement by Share-Based Payment Award Options Additional Disclosures	'
Weighted Average Remaining Contractual Life (In Years) Grants	'6 years
Weighted Average Remaining Contractual Life (In Years) Outstanding	'5 years 8 months

StockBased_Compensation_Detail

Stock-Based Compensation (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Number of Options, Granted	600,000
Weighted Average Exercise Price, Grants	$0.70
Weighted Average Remaining Contractual Life (In Years)	'5 years 8 months
Stock options, vesting terms	'Of the total stock options, 400,000 vest equally over the next four years and 200,000 vest equally over the next two years.
Fair value of options, date of grant	$400,087
Fair value assumptions, expected lives	'4.25 (four-year vesting) and 3.75 years (two-year vesting)
Fair value assumptions, risk-free interet rate	1.92%
Fair value assumptions, dividend yield	0.00%
Fair value assumptions, expected volatility	195.00%
Stock-based compensation expense	44,349
Intrinsic value of outstanding options	$384,000

Derivatives_Details_Narrative

Derivatives (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Derivative [Line Items]	'
Fair value of preferred and warrants issued	$2,722,448
Fair value of the full-rachet down-round provision of the preferred stock and warrants	97,292
Derivative liabilities	$2,819,739
Fair value, expected lives	'4.25 (four-year vesting) and 3.75 years (two-year vesting)
Fair value, risk-free rate	1.92%
Fair value, stock price volatility	195.00%
Warrant	'
Derivative [Line Items]	'
Warrants issued	2,893,725
Fair value, expected lives	'3 year term
Fair value, risk-free rate	1.07%
Fair value, stock price volatility	162.75%
Convertible Preferred Stock	'
Derivative [Line Items]	'
Fair value, expected lives	'Within 14 months
Fair value, risk-free rate	0.58%
Fair value, stock price volatility	181.39%

Fair_Value_Measurements_Schedu

Fair Value Measurements - Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis (Details) (USD $)	Sep. 30, 2014
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'
Derivative liability	$2,819,739
Fair Value, Inputs, Level 1 | Derivative Liability	'
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'
Derivative liability	0
Fair Value, Inputs, Level 2 | Derivative Liability	'
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'
Derivative liability	0
Fair Value, Inputs, Level 3 | Derivative Liability	'
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'
Derivative liability	$2,819,739

Fair_Value_Measurements_Schedu1

Fair Value Measurements - Schedule of Reconciliation of Changes in Fair Value of Financial Assets and Liabilities (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Fair Value, Instruments Classified in Shareholders' Equity Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'
Beginning balance	$0
Total (loss) gains	0
Settlements	0
Additions	2,819,739
Transfers	0
Ending balance	2,819,739
Change in unrealized gains (losses) included in earnings relating to derivatives still held as of September 30, 2014	($2,001,932)

Registration_Rights_Penalty_De

Registration Rights Penalty (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Registration Rights Penalty	'
Series A preferred convertible stock, units issued	2,025
Series A preferred convertible stock, price per unit	$1,000
Registration rights	'The Company granted the investors's registration rights on the underlying shares related to the Series A 6% Convertible Preferred Stock and warrants. The registration rights agreement provided for a liquidated damages provision imposed upon the Company of 1.5% of the gross proceeds per month for each month that the shares are not registered. The liquidated damages are not to exceed 9%.
Registration rights penalty	$48,600
Accrued interest expense	$1,262
Interest rate	18.00%

Income_Taxes_Components_of_Inc

Income Taxes - Components of Income Tax Expense Benefits (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Current Taxes	'
Federal	$0
State	0
Total current	0
Deferred Taxes	'
Federal	-932,827
State	0
Benefit of Operating Loss Carryforwards	932,827
Total deferred	0
Income tax expense	$0

Income_Taxes_Schedule_of_Defer

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) (USD $)	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Net operating loss - Federal	$276,356
Net operating loss - State	0
Derivative liabilities	680,657
Stock options	15,079
Valuation allowance for deferred tax assets	-972,092
Net deferred tax assets	$0

Income_Taxes_Schedule_of_Effec

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Tax provision at statutory	($947,130)
State taxes	0
Permanent Difference	877
Change in valuation allowance	954,742
Rate change	-22,021
Preferred stock dividend	13,426
Other, net	106
Actual Provision/(Benefit)	$0

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Net operating loss carryforward	$812,811
Net operating loss carryforwards, expiration date	30-Sep-20
Increase in valuation allowance	$968,168

Subsequent_Events_Details_Narr

Subsequent Events (Details Narrative) (Subsequent Event, Convertible Preferred Stock)	2 Months Ended
	Nov. 17, 2014
Subsequent Event | Convertible Preferred Stock	'
Subsequent Event [Line Items]	'
Convertible preferred stock, converted	17
Convertible preferred stock, shares issued upon conversion	24,286