Truleum (TRLM) 10-Q 9 Aug 21 2021 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2021	Aug. 03, 2021
Document Information [Line Items]
Entity Central Index Key	0000855787
Entity Registrant Name	ALPHA ENERGY INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	333-197642
Entity Incorporation, State or Country Code	CO
Entity Tax Identification Number	90-1020566
Entity Address, Address Line One	4162 Meyerwood Drive
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77025
City Area Code	713
Local Phone Number	316-0061
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Title of 12(b) Security	Common
Trading Symbol	APHE
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		18,280,428

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 124	$ 0
Prepaid assets and other current assets	5,000	30,000
Total current assets	5,124	30,000
Noncurrent assets:
Oil and gas property, unproved, full cost	90,000	70,000
Total assets	95,124	100,000
Current liabilities:
Accounts payable and accrued expenses	425,930	585,732
Accounts payable and accrued expenses - related parties	176,079	120,568
Interest payable	60,294	31,295
Short term advances from related parties	484,344	181,000
Short term note payable	1,210,000	1,160,000
Derivative liability	101,468	96,369
Total current liabilities	2,458,115	2,174,964
Convertible credit line payable – related party, net of discount of $0 and $2,754, respectively	148,328	145,574
Asset retirement obligation	900	862
Total liabilities	2,607,343	2,321,400
Commitments and contingencies
Stockholders' deficit:
Preferred stock, 10,000,000 shares authorized:Series A convertible preferred stock, $0.001 par value, 2,000,000 shares authorized and 0 shares issued and outstanding	0	0
Common stock, $0.001 par value, 65,000,000 shares authorized and 18,351,428 and 18,145,428 shares issued and outstanding, respectively	18,351	18,145
Additional paid-in capital	2,267,429	2,061,635
Accumulated deficit	(4,797,999)	(4,301,180)
Total stockholders' deficit	(2,512,219)	(2,221,400)
Total liabilities and stockholders' deficit	$ 95,124	$ 100,000

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Convertible debt, noncurrent unamortized discount	$ 0	$ 2,754
Preferred Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Preferred Stock, Shares 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 or Stated Value Per Share (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized (in shares)	65,000,000	65,000,000
Common Stock, Shares, Issued (in shares)	18,351,428	18,145,428
Common Stock, Shares, Outstanding (in shares)	18,351,428	18,145,428
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)	2,000,000	2,000,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Oil and gas sales	$ 0	$ 871	$ 0	$ 1,217
Lease operating expenses	0	1,290	0	2,218
Gross loss	0	(419)	0	(1,001)
Operating expenses:
Professional services	35,643	15,633	47,562	15,633
Board of director fees	48,000	48,000	96,000	96,000
General and administrative	129,318	78,695	358,821	161,996
Gain on settlement of accounts payable	0	0	(120,250)	0
Total operating expenses	212,961	142,328	382,133	273,629
Loss from operations	(212,961)	(142,747)	(382,133)	(274,630)
Other income (expense):
Interest expense	(35,675)	(10,898)	(109,587)	(23,379)
Gain on extinguishment of debt	0	10,750	0	10,750
Gain (loss) on change in fair value of derivative liabilities	(18,403)	10,825	(5,099)	49,874
Total other income (expense)	(54,078)	10,677	(114,686)	37,245
Net loss	$ (267,039)	$ (132,070)	$ (496,819)	$ (237,385)
Loss per share:
Basic (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.01)
Diluted (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.02)
Weighted average shares outstanding:
Basic (in shares)	18,309,939	17,910,296	18,249,450	17,881,087
Diluted (in shares)	18,309,939	18,039,624	18,249,450	18,010,415

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2019	17,822,428
Balance at Dec. 31, 2019	$ 17,822	$ 1,738,958	$ (2,314,202)	$ (557,422)
Stock issued for cash (in shares)	18,000
Stock issued for cash	$ 18	17,982	0	18,000
Stock-based compensation (in shares)	48,000
Stock-based compensation	$ 48	47,952	0	48,000
Net loss	$ 0	0	(105,315)	(105,315)
Balance (in shares) at Mar. 31, 2020	17,888,428
Balance at Mar. 31, 2020	$ 17,888	1,804,892	(2,419,517)	(596,737)
Balance (in shares) at Dec. 31, 2019	17,822,428
Balance at Dec. 31, 2019	$ 17,822	1,738,958	(2,314,202)	$ (557,422)
Stock issued for cash (in shares)				70,000
Net loss				$ (237,385)
Balance (in shares) at Jun. 30, 2020	17,988,428
Balance at Jun. 30, 2020	$ 17,988	1,904,792	(2,551,587)	(628,807)
Balance (in shares) at Mar. 31, 2020	17,888,428
Balance at Mar. 31, 2020	$ 17,888	1,804,892	(2,419,517)	(596,737)
Stock issued for cash (in shares)	52,000
Stock issued for cash	$ 52	51,948	0	52,000
Stock-based compensation (in shares)	48,000
Stock-based compensation	$ 48	47,952	0	48,000
Net loss	$ 0	0	(132,070)	(132,070)
Balance (in shares) at Jun. 30, 2020	17,988,428
Balance at Jun. 30, 2020	$ 17,988	1,904,792	(2,551,587)	(628,807)
Balance (in shares) at Dec. 31, 2020	18,145,428
Balance at Dec. 31, 2020	$ 18,145	2,061,635	(4,301,180)	(2,221,400)
Stock-based compensation (in shares)	48,000
Stock-based compensation	$ 48	47,952	0	48,000
Net loss	$ 0	0	(229,780)	(229,780)
Stock issued for settlement of accounts payable (in shares)	90,000
Stock issued for settlement of accounts payable	$ 90	89,910	0	90,000
Balance (in shares) at Mar. 31, 2021	18,283,428
Balance at Mar. 31, 2021	$ 18,283	2,199,497	(4,530,960)	(2,313,180)
Balance (in shares) at Dec. 31, 2020	18,145,428
Balance at Dec. 31, 2020	$ 18,145	2,061,635	(4,301,180)	$ (2,221,400)
Stock issued for cash (in shares)				5,000
Net loss				$ (496,819)
Stock issued for settlement of accounts payable (in shares)				90,000
Stock issued for settlement of accounts payable				$ 90,000
Balance (in shares) at Jun. 30, 2021	18,351,428
Balance at Jun. 30, 2021	$ 18,351	2,267,429	(4,797,999)	(2,512,219)
Balance (in shares) at Mar. 31, 2021	18,283,428
Balance at Mar. 31, 2021	$ 18,283	2,199,497	(4,530,960)	(2,313,180)
Stock issued for cash (in shares)	5,000
Stock issued for cash	$ 5	4,995	0	5,000
Stock-based compensation (in shares)	63,000
Stock-based compensation	$ 63	62,937	0	63,000
Net loss	$ 0	0	(267,039)	(267,039)
Balance (in shares) at Jun. 30, 2021	18,351,428
Balance at Jun. 30, 2021	$ 18,351	$ 2,267,429	$ (4,797,999)	$ (2,512,219)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Cash flows from operating activities:
Net loss	$ (267,039)	$ (229,780)	$ (132,070)	$ (105,315)	$ (496,819)	$ (237,385)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation					111,000	96,000
Amortization of debt discount					2,754	10,179
(Gain) loss on change in fair value of derivative liabilities	18,403		(10,825)		5,099	(49,874)
Gain on extinguishment of debt	0		(10,750)		0	(10,750)	$ (10,750)
Gain on settlement of accounts payable	0		0		(120,250)	0
Write off of option contract associated with oil and gas properties					85,500	0
Asset retirement obligation expense					38	38
Default interest added to note payable					50,000	0
Changes in operating assets and liabilities:
Prepaid expenses and other current assets					25,000	0
Accounts payable					63,692	106,477
Accounts payable-related party					55,511	9,508
Interest payable					28,999	13,200
Net cash used in operating activities					(189,476)	(62,607)
Cash flows from investing activities:
Deposits for purchase of oil and gas properties					(40,000)	0
Net cash used in investing activities					(40,000)	0
Cash flows from financing activities:
Payment on convertible credit line payable - related party					0	(4,250)
Proceeds from convertible credit line payable - related party					0	3,000
Advances from related parties					224,600	0
Payments on short term advances - related parties					0	(856)
Proceeds from sale of common stock					5,000	70,000
Net cash provided by financing activities					229,600	67,894
Net change in cash and cash equivalents					124	5,287
Cash and cash equivalents, at beginning of period		$ 0		$ 0	0	0	0
Cash and cash equivalents, at end of period	$ 124		$ 5,287		124	5,287	$ 0
Supplemental disclosures of cash flow information:
Cash paid for interest					27,834	0
Cash paid for income taxes					0	0
Supplemental disclosure of non-cash investing and financing activities:
Expenses paid on behalf of the Company by related party					13,244	459
Oil and gas payments made by related party on behalf of the Company					65,500	1,010,000
Debt discount from derivative liability					0	365
Notes Issued for Acquisition [Member]
Supplemental disclosure of non-cash investing and financing activities:
Accrued interest added to note principal					0	10,000
Settlement of Accounts Payment [Member]
Supplemental disclosure of non-cash investing and financing activities:
Stock issued					$ 90,000	$ 0

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	NOTE 1 BASIS OF PRESENTATION The interim unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and should be read in conjunction with the audited financial statements and notes thereto for the years ended December 31, 2020 2019 10 April 29, 2021. three six June 30, 2021 not December 31, 2020 2019 Principles of Consolidation Our consolidated financial statements include our accounts and the accounts of our 100% Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that ( 1 2 3 Basic and Diluted Loss per share Net loss per share is provided in accordance with FASB ASC 260 10, three six June 30, 2021, three six June 30, 2020, The reconciliation of basic and diluted loss per share is as follows: Three months ended Six months ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Basic net loss $ (267,039 ) $ (132,070 ) $ (496,819 ) $ (237,385 ) Add back: Gain on change in fair value of derivative liabilities - (10,825 ) - (49,874 ) Diluted net loss $ (267,039 ) $ (142,895 ) $ (496,819 ) $ (287,259 ) Basic and dilutive shares: Weighted average basic shares outstanding 18,309,939 17,910,296 18,249,450 17,881,087 Shares issuable from convertible credit line payable - 129,328 - 129,328 Dilutive shares 18,309,939 18,039,624 18,249,450 18,010,415 Loss per share: Basic $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.01 ) Diluted $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.02 ) Fair Value of Financial Instruments The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three Level 1 Level 2 Level 3 The carrying amount of the Company’s financial instruments consisting of cash and cash equivalents, accounts payable, notes payable and convertible notes approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements. Recently Issued Accounting Standards Not The Company has reviewed all recently issued, but not no Reclassification Certain reclassifications may no

Note 2 - Going Concern

Note 2 - Going Concern	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	NOTE 2 GOING CONCERN The Company’s interim unaudited consolidated financial statements are prepared using generally accepted accounting principles 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. The Company does not In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraph and eventually secure other sources of financing and attain profitable operations. The accompanying financial statements do not

Note 3 - Oil and Gas Properties

Note 3 - Oil and Gas Properties	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Oil and Gas Properties [Text Block]	NOTE 3 OIL AND GAS PROPERTIES On September 8, 2020, 2 not June 30, 2021. June 30, 2021. During the six June 30, 2021, June 30, 2020 August 31, 2021.

Note 4 - Related Party Transact

Note 4 - Related Party Transactions	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	NOTE 4 RELATED PARTY TRANSACTIONS The Company received advances from related parties totaling $224,600 and $0 during the six June 30, 2021 2020, not no six June 30, 2021, June 30, 2021, December 31, 2020, As of June 30, 2021 December 31, 2020, The Chief Financial Officer allows the use of his residence as an office for the Company at no

Note 5 - Common Stock

Note 5 - Common Stock	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 5 COMMON STOCK The Company is authorized to issue up to 10,000,000 shares of $0.001 par value preferred stock and 65,000,000 shares of $0.001 par value common stock. The Company compensates each of its directors with 4,000 shares of common stock each month. During the six June 30, 2021 2020, During the six June 30, 2021, During the six June 30, 2021 2020, On April 1, 2021, may ten six June 30, 2021,

Note 6 - Note Payable

Note 6 - Note Payable	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Short-term Debt [Text Block]	NOTE 6 NOTE PAYABLE On March 30, 2019, April 30, 2019 January 29, 2019. June 25, 2020, $50,000 December 31, 2020, $1,060,000 July 31, 2020 December 1, 2020. December 31, 2020, not December 1, 2020, six June 30, 2021, June 30, 2021, one March 28th, 2021 June 1, 2021, June 1, 2021 No

Note 7 - Convertible Credit Lin

Note 7 - Convertible Credit Line Payable - Related Party	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Convertible Debt Disclosure [Text Block]	NOTE 7 CONVERTIBLE CREDIT LINE PAYABLE RELATED PARTY On September 1, 2017, 470 50. 815, 2019, six June 30, 2021 2020, June 30, 2021 December 31, 2020, 8 On June 1, 2021, September 1, 2017. 815, During the six June 30, 2021 2020,

Note 8 - Derivative Liability

Note 8 - Derivative Liability	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Derivatives and Fair Value [Text Block]	NOTE 8 DERIVATIVE LIABILITY As discussed in Note 1, June 30, 2021 December 31, 2020: Level 1 Level 2 Level 3 Fair Value at June 30, 2021 Liabilities: Derivative liability $ - $ - $ 101,468 $ 101,468 Level 1 Level 2 Level 3 Fair Value at December 31, 2020 Liabilities: Derivative liability $ - $ - $ 96,369 $ 96,369 Utilizing Level 3 six June 30, 2021 June 30, 2021 A summary of the activity of the derivative liability is shown below at June 30, 2021: Balance at December 31, 2020 $ 96,369 Loss on change in derivative fair value adjustment 5,099 Balance at June 30, 2021 $ 101,468

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation Our consolidated financial statements include our accounts and the accounts of our 100%
Basis of Accounting, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reported period. Actual results could differ from those estimates. Management further acknowledges that it is solely responsible for adopting sound accounting practices, establishing and maintaining a system of internal accounting control and preventing and detecting fraud. The Company’s system of internal accounting control is designed to assure, among other items, that ( 1 2 3
Earnings Per Share, Policy [Policy Text Block]	Basic and Diluted Loss per share Net loss per share is provided in accordance with FASB ASC 260 10, three six June 30, 2021, three six June 30, 2020, The reconciliation of basic and diluted loss per share is as follows: Three months ended Six months ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Basic net loss $ (267,039 ) $ (132,070 ) $ (496,819 ) $ (237,385 ) Add back: Gain on change in fair value of derivative liabilities - (10,825 ) - (49,874 ) Diluted net loss $ (267,039 ) $ (142,895 ) $ (496,819 ) $ (287,259 ) Basic and dilutive shares: Weighted average basic shares outstanding 18,309,939 17,910,296 18,249,450 17,881,087 Shares issuable from convertible credit line payable - 129,328 - 129,328 Dilutive shares 18,309,939 18,039,624 18,249,450 18,010,415 Loss per share: Basic $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.01 ) Diluted $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.02 )
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company applies fair value accounting for all financial assets and liabilities and non-financial assets and liabilities that are recognized or disclosed at fair value in the financial statements. The Company defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities, which are required to be recorded at fair value, the Company considers the principal or most advantageous market in which the Company would transact and the market-based risk measurements or assumptions that market participants would use in pricing the asset or liability, such as risks inherent in valuation techniques, transfer restrictions and credit risk. Fair value is estimated by applying the following hierarchy, which prioritizes the inputs used to measure fair value into three Level 1 Level 2 Level 3 The carrying amount of the Company’s financial instruments consisting of cash and cash equivalents, accounts payable, notes payable and convertible notes approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards Not The Company has reviewed all recently issued, but not no
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassification Certain reclassifications may no

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended Six months ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Basic net loss $ (267,039 ) $ (132,070 ) $ (496,819 ) $ (237,385 ) Add back: Gain on change in fair value of derivative liabilities - (10,825 ) - (49,874 ) Diluted net loss $ (267,039 ) $ (142,895 ) $ (496,819 ) $ (287,259 ) Basic and dilutive shares: Weighted average basic shares outstanding 18,309,939 17,910,296 18,249,450 17,881,087 Shares issuable from convertible credit line payable - 129,328 - 129,328 Dilutive shares 18,309,939 18,039,624 18,249,450 18,010,415 Loss per share: Basic $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.01 ) Diluted $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.02 )

Note 8 - Derivative Liability (

Note 8 - Derivative Liability (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Level 1 Level 2 Level 3 Fair Value at June 30, 2021 Liabilities: Derivative liability $ - $ - $ 101,468 $ 101,468 Level 1 Level 2 Level 3 Fair Value at December 31, 2020 Liabilities: Derivative liability $ - $ - $ 96,369 $ 96,369
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Balance at December 31, 2020 $ 96,369 Loss on change in derivative fair value adjustment 5,099 Balance at June 30, 2021 $ 101,468

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	148,328	129,328	148,328	129,328

Note 1 - Basis of Presentatio_3

Note 1 - Basis of Presentation - Basic and Diluted Loss Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Basic net loss	$ (267,039)	$ (132,070)	$ (496,819)	$ (237,385)
Add back: Gain on change in fair value of derivative liabilities	0	(10,825)	0	(49,874)
Diluted net loss	$ (267,039)	$ (142,895)	$ (496,819)	$ (287,259)
Weighted average basic shares outstanding (in shares)	18,309,939	17,910,296	18,249,450	17,881,087
Shares issuable from convertible credit line payable (in shares)	0	129,328	0	129,328
Dilutive shares (in shares)	18,309,939	18,039,624	18,249,450	18,010,415
Basic (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.01)
Diluted (in dollars per share)	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.02)

Note 3 - Oil and Gas Properti_2

Note 3 - Oil and Gas Properties (Details Textual) - USD ($)	6 Months Ended		10 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021
Option Agreement, Options Payments Advanced	$ 70,000		$ 85,500
Write Off of Option Contract Associated with Oil and Gas Properties	$ 85,500	$ 0

Note 4 - Related Party Transa_2

Note 4 - Related Party Transactions (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Proceeds from Related Party Debt	$ 224,600	$ 0
Expenses Paid by Related Party	13,244	459
Unpaid Oil and Gas Assets Acquired Paid By Related Party	65,500	$ 1,010,000
Due to Related Parties, Total	484,344		$ 181,000
Accounts Payable, Related Parties	176,079		120,568
President [Member]
Accounts Payable, Related Parties	170,985		110,904
Chief Financial Officer [Member]
Accounts Payable, Related Parties	$ 5,094		3,884
Staley Engineering LLC [Member]
Accounts Payable, Related Parties			$ 5,780

Note 5 - Common Stock (Details

Note 5 - Common Stock (Details Textual) - USD ($)	Apr. 01, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Preferred Stock, Shares Authorized (in shares)		10,000,000				10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share)		$ 0.001				$ 0.001		$ 0.001
Common Stock, Shares Authorized (in shares)		65,000,000				65,000,000		65,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share)		$ 0.001				$ 0.001		$ 0.001
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture, Total		$ 63,000	$ 48,000	$ 48,000	$ 48,000
Stock Issued During Period, Shares, Settle Accounts Payable (in shares)						90,000
Stock Issued During Period, Value, Settlement of Accounts Payable			$ 90,000			$ 90,000
Accounts Payable Settled with Shares						210,250
Gain (Loss) on Settlement of Accounts Payable		$ 0		$ 0		$ 120,250	$ 0
Stock Issued During Period, Shares, New Issues (in shares)						5,000	70,000
Proceeds from Issuance of Common Stock						$ 5,000	$ 70,000
Kelloff Oil & Gas, LLC [Member]
Consulting Agreement, Month To Month Rate	$ 10,000
Consulting Agreement, Shares Issued Per Month (in shares)	5,000
Stock Issued During Period, Shares, Issued for Services (in shares)						15,000
Stock Issued During Period, Value, Issued for Services						$ 15,000
Director [Member]
Stock Issued During Period, Shares Per Month Per Director (in shares)						4,000
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture, Total (in shares)						96,000	96,000
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture, Total						$ 96,000	$ 96,000

Note 6 - Note Payable (Details

Note 6 - Note Payable (Details Textual)	Mar. 28, 2021USD ($)	Jun. 25, 2020USD ($)	Mar. 30, 2019USD ($)$ / shares	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)$ / shares
Gain (Loss) on Extinguishment of Debt, Total				$ 0	$ 10,750	$ 0	$ 10,750	$ 10,750
Oklahoma Oil and Gas Assets [Member] | Pure and ZQH [Member]
Business Combination, Consideration Transferred, Total		$ 1,000,000
Notes Issued for Acquisition [Member]
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares								$ 1
Interest Payable		10,000		60,294		60,294
Notes Payable, Total		1,060,000		1,210,000		1,210,000		$ 1,160,000
Note Payable, Monthly Increase		50,000
Note Payable, Monthly Increase, Maximum Amount		$ 200,000
Note Principal, Accrued Interest				$ 50,000		$ 50,000		200,000
Debt Instrument, Periodic Payment, Total								$ 100,000
Debt Instrument, Monthly Interest Rate								1.00%
Notes Issued for Acquisition [Member] | Pure and ZQH [Member]
Debt Instrument, Periodic Payment, Interest	$ 10,083
Debt Instrument, Percentage of Annual Interest on Purchased Price, Compounded Monthly	1.00%
Notes Payable, Other Payables [Member] | Promissory Notes Payable [Member] | ZHQ Holdings, LLP and Pure Oil & Gas, Inc [Member]
Debt Instrument, Face Amount			$ 50,000
Debt Instrument, Periodic Payment, Interest			$ 50
Debt Instrument, Convertible, Number of Equity Instruments			50,000
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares			$ 1
Notes Payable, Other Payables [Member] | Promissory Notes Payable [Member] | ZHQ Holdings [Member]
Debt Instrument, Percentage of Total Debt Loaned			75.00%
Notes Payable, Other Payables [Member] | Promissory Notes Payable [Member] | Pure Oil & Gas, Inc [Member]
Debt Instrument, Percentage of Total Debt Loaned			25.00%

Note 7 - Convertible Credit L_2

Note 7 - Convertible Credit Line Payable - Related Party (Details Textual) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2019	Jun. 01, 2021	Dec. 31, 2020	Sep. 01, 2017
Amortization of Debt Discount (Premium)	$ 2,754	$ 10,179
Repayments of Convertible Debt	0	4,250
Convertible Credit Line Payable, Related Party [Member]
Debt Instrument, Face Amount				$ 1,500,000		$ 500,000
Long-term Line of Credit, Total						$ 87,366
Debt Instrument, Interest Rate, Stated Percentage				7.00%		7.00%
Debt Instrument, Convertible, Conversion Price (in dollars per share)				$ 4		$ 1.50
Debt Instrument, Unamortized Discount, Total	0				$ 2,754	$ 87,366
Debt Instrument Discount, Additions			$ 7,568
Amortization of Debt Discount (Premium)	$ 2,754	$ 10,179

Note 8 - Derivative Liability_2

Note 8 - Derivative Liability (Details Textual)	6 Months Ended
	Jun. 30, 2021USD ($)
Gain on Derivative Instruments, Pretax	$ 5,099
Convertible Credit Line Payable, Related Party [Member] | Measurement Input, Exercise Price [Member]
Embedded Derivative Liability, Measurement Input	1
Convertible Credit Line Payable, Related Party [Member] | Measurement Input, Price Volatility [Member] | Minimum [Member]
Embedded Derivative Liability, Measurement Input	1.45
Convertible Credit Line Payable, Related Party [Member] | Measurement Input, Price Volatility [Member] | Maximum [Member]
Embedded Derivative Liability, Measurement Input	0.37
Convertible Credit Line Payable, Related Party [Member] | Measurement Input, Discount Rate [Member] | Minimum [Member]
Embedded Derivative Liability, Measurement Input	0.0025
Convertible Credit Line Payable, Related Party [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member]
Embedded Derivative Liability, Measurement Input	0.0016

Note 8 - Derivative Liability -

Note 8 - Derivative Liability - Liabilities Measured at Fair Value (Details) - Fair Value, Recurring [Member] - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Derivative liability	$ 101,468	$ 96,369
Fair Value, Inputs, Level 1 [Member]
Derivative liability	0	0
Fair Value, Inputs, Level 2 [Member]
Derivative liability	0	0
Fair Value, Inputs, Level 3 [Member]
Derivative liability	$ 101,468	$ 96,369

Note 8 - Derivative Liability_3

Note 8 - Derivative Liability - Schedule of Derivative Liability Activity (Details) - Derivative Financial Instruments, Liabilities [Member]	6 Months Ended
	Jun. 30, 2021USD ($)
Derivative balance	$ 96,369
Loss on change in derivative fair value adjustment	5,099
Derivative balance	$ 101,468