Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Oil and Gas Lease Payments (Details)

v3.19.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Oil and Gas Lease Payments (Details)
 12 Months Ended
Aug. 31, 2019
USD ($)
a
Well
Aug. 31, 2018
USD ($)
Aug. 31, 2011
a
Jul. 31, 2019
USD ($)
Sep. 20, 2017
USD ($)
Aug. 31, 2017
USD ($)
Oil and Gas Lease Payments [Abstract]            
Deferred revenue $ 5,058,883 $ 477,161       $ 1,055,488
Contract revenues recognized $ (20,361,509) (2,190,039)        
Number of drilling wells | Well 2          
Oil and gas royalty income, net $ 148,327 191,309        
OGOA [Member]            
Oil and Gas Lease Payments [Abstract]            
Term period of lease 3 years          
Mineral estate area owned (in acres) | a 16          
Deferred revenue $ 547,500     $ 573,700    
Term for which operator may extend right 1 year          
Required payment from operator for extending right for one year $ 75,000          
Number of additional years for which operator may extend lease 2 years          
Maximum term of lease 5 years          
Contract revenues recognized $ (26,200) 0        
Anadarko E&P Company, L.P [Member]            
Oil and Gas Lease Payments [Abstract]            
Term period of lease     3 years      
Mineral estate area owned (in acres) | a     634      
Bison Oil and Gas, LLP [Member]            
Oil and Gas Lease Payments [Abstract]            
Term period of lease 3 years          
Mineral estate area owned (in acres) | a 40          
Deferred revenue $ 60,400 167,200     $ 167,200  
Contract revenues recognized $ (55,700) $ (51,100)        
Bison Oil and Gas, LLP [Member] | OGOA [Member]            
Oil and Gas Lease Payments [Abstract]            
Deferred revenue       $ 573,700