PRESENTATION OF INTERIM INFORMATION, Oil and Gas Lease Payments (Details) |
3 Months Ended | 9 Months Ended | ||
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May 31, 2019
USD ($)
Well
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May 31, 2018
USD ($)
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May 31, 2019
USD ($)
Well
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May 31, 2018
USD ($)
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Oil and Gas Lease Payments [Abstract] | ||||
Number of drilling wells | Well | 2 | 2 | ||
Oil and gas royalty income, net | $ | $ 37,263 | $ 61,113 | $ 113,104 | $ 152,653 |
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- References No definition available.
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- Definition Number of producing oil wells and oil wells capable of production representing summation of fractional ownership working interest to whole. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Ancillary revenue earned during the period from the consideration paid to the entity for the use of its rights and property by another party. Examples include licensing the use of copyrighted materials and leasing the extraction of natural resources. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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