PRESENTATION OF INTERIM INFORMATION, Oil and Gas Lease Payments (Details) |
3 Months Ended | 6 Months Ended | ||
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Feb. 28, 2019
USD ($)
Well
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Feb. 28, 2018
USD ($)
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Feb. 28, 2019
USD ($)
Well
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Feb. 28, 2018
USD ($)
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Oil and Gas Lease Payments [Abstract] | ||||
Number of drilling wells | Well | 2 | 2 | ||
Oil and gas royalty income, net | $ | $ 44,416 | $ 49,778 | $ 75,841 | $ 91,540 |
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- References No definition available.
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- Definition The total number of producing oil wells and oil wells capable of production, in which the entity owns a fractional working interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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