ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||||||||
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Jun. 30, 2020 |
May 31, 2020 |
Oct. 31, 2019 |
Oct. 31, 2018 |
Dec. 31, 2022 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Apr. 30, 2020 |
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Capitalization of pre-acquisition costs | $ 5,800,000 | |||||||||
Debt issuance cost | $ 9,100,000 | 500,000 | ||||||||
Proceeds from financing | $ 6,000,000 | |||||||||
Additional proceeds from financing | $ 4,000,000 | |||||||||
Stock based compensation | $ 577,645 | $ 68,289 | $ 33,560 | $ 33,311 | ||||||
Subsequent Event [Member] | ||||||||||
Fixed payment obligation | $ 24,800,000 | |||||||||
Repayment of debt | $ 4,500,000 | $ 20,300,000 | ||||||||
Bakersfield Refinery | ||||||||||
Financing for retrofit | $ 365,000,000 | |||||||||
Maximum | Field Equipment | ||||||||||
Property, Plant and Equipment, Useful Life | 15 years | |||||||||
Maximum | Office Equipment | ||||||||||
Property, Plant and Equipment, Useful Life | 5 years | |||||||||
Minimum | Field Equipment | ||||||||||
Property, Plant and Equipment, Useful Life | 5 years | |||||||||
Minimum | Office Equipment | ||||||||||
Property, Plant and Equipment, Useful Life | 3 years |
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- References No definition available.
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of contractual obligation, including but not limited to, long-term debt, capital lease obligations, operating lease obligations, purchase obligations, and other commitments. No definition available.
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- Definition Amount, before accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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