Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.21.2
Property, Plant and Equipment (Tables)
 3 Months Ended
Nov. 30, 2019
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment
Oil
Extraction
Plant		 Other
Property and
Equipment		 Total
Cost
August 31, 2018 $ 23,101,035 $ 394,555 $ 23,495,590
Additions 12,454,792 43,613 12,498,405
August 31, 2019 35,555,827 438,168 35,993,995
Additions 1,887,582 5,692 1,893,274
November 30, 2019 $ 37,443,409 $ 443,860 $ 37,887,269
Accumulated Amortization
August 31, 2018 $ 2,148,214 $ 158,481 $ 2,306,695
Additions - 73,650 73,650
August 31, 2019 2,148,214 232,131 2,380,345
Additions - 74,320 74,320
November 30, 2019 $ 2,148,214 $ 306,451 $ 2,454,665
Carrying Amount
August 31, 2018 $ 20,952,821 $ 236,074 $ 21,188,895
August 31, 2019 $ 33,407,613 $ 206,037 $ 33,613,650
November 30, 2019 $ 35,295,195 $ 137,409 $ 35,432,604