Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Tables)

v3.21.2
Property, Plant and Equipment (Tables)
 9 Months Ended
May 31, 2019
Property, Plant and Equipment [Abstract]
Schedule of property, plant and equipment
Oil
Extraction
Plant		 Other Plant
and
Equipment		 Total
Cost
August 31, 2017 $ 16,846,500 $ 315,967 $ 17,162,467
Additions 6,254,535 78,588 6,333,123
August 31, 2018 23,101,035 394,555 23,495,590
Additions 7,807,440 43,613 7,851,053
May 31, 2019 $ 30,908,475 $ 438,168 $ 31,346,643
Accumulated Amortization
August 31, 2017 $ 2,148,214 $ 107,300 $ 2,255,514
Additions - 51,181 51,181
August 31, 2018 2,148,214 158,481 2,306,695
Additions - 54,316 54,316
May 31, 2019 $ 2,148,214 $ 212,797 $ 2,361,011
Carrying Amount
August 31, 2017 $ 14,698,286 $ 208,667 $ 14,906,953
August 31, 2018 $ 20,952,821 $ 236,074 $ 21,188,895
May 31, 2019 $ 28,760,261 $ 225,371 $ 28,985,632