UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

~~(Mark~~x ~~One~~QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

xFor ~~QUARTERLY~~the ~~REPORT~~quarterly ~~PURSUANT~~period TOended ~~SECTION~~March 1331, ~~OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~2017

~~For~~o ~~the~~TRANSITION ~~quarterly~~REPORT ~~period~~UNDER ~~ended~~SECTION ~~September~~13 ~~30,~~OR ~~2016~~15(d) OF THE EXCHANGE ACT OF 1934

orFor the transition period from ______ to _______

o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission File Number 333-180230

BLACK STALLION OIL AND GAS, INC. (~~Exact~~Name ~~name~~ of ~~registrant~~small asbusiness ~~specified~~issuer in its charter)

Delaware		~~990373017~~99-0373017
(State or other jurisdiction of incorporation or organization)		(IRS Employer Identification No.)
(State of incorporation)		(I.R.S. Employer Identification No.)
633 W. 5th Street, 26th Floor, Los Angeles, CA		90071
(Address of principal executive offices)		(Zip Code)

~~213-223-2071~~633 ~~(Registrant’s~~W. ~~telephone~~5th ~~number~~Street, ~~including~~26th ~~area~~floorLos ~~code) N/A (Former name~~Angeles, ~~former~~CA ~~address and former fiscal year, if changed since last report)~~90071

~~Indicate by check mark whether the registrant~~ (1)Address ~~has filed all reports required to be filed by Section 13 or 15(d)~~ of ~~the~~principal ~~Securities~~executive ~~Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports~~offices)~~, and (2) has been subject to such filing requirements for the past 90 days. x YES ¨ NO~~

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (~~§232.405 of this chapter~~213) ~~during~~223-2071 ~~the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). x YES ¨ NO~~

~~Indicate~~(Registrant’s bytelephone check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.number)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer	o	Accelerated filer	o
Non-accelerated filer	o	Smaller reporting company	x
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o ~~YES NO~~No x

~~APPLICABLE~~As ~~ONLY~~of TOMay ~~ISSUERS~~7, ~~INVOLVED~~2017, INthere ~~BANKRUPTCYPROCEEDINGS~~were ~~DURING~~249,879,538 ~~THE~~shares ~~PRECEDING~~of ~~FIVE~~the ~~YEARS~~registrant’s $0.0001 par value common stock issued and outstanding.

~~Check~~BLACK ~~whether~~STALLION ~~the~~OIL ~~registrant~~AND ~~has~~GAS ~~filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court~~INC. ~~¨ YES ¨ NO~~

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

99,139,387 and outstanding as of December 1, 2016.

TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION
		Page
Item 1.	Financial Statements	3
PART I. FINANCIAL INFORMATION
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	4
ITEM 1.	FINANCIAL STATEMENTS		4
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	12
ITEM 2.	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS		24
Item 4.	Controls and Procedures	12
ITEM 3.	QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK		27
PART II – OTHER INFORMATION
ITEM 4.	CONTROLS AND PROCEDURES		27
Item 1.	Legal Proceedings	14
PART II. OTHER INFORMATION
Item 1A.	Risk Factors	14
ITEM 1.	LEGAL PROCEEDINGS		28
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	14
ITEM 1A.	RISK FACTORS		28
Item 3.	Defaults Upon Senior Securities	14
ITEM 2.	UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS		28
Item 4.	Mine Safety Disclosures	14
ITEM 3.	DEFAULTS UPON SENIOR SECURITIES		29
Item 5.	Other Information	14
ITEM 4.	SUBSEQUENT EVENTS		29
Item 6.	Exhibits	15
ITEM 5.	OTHER INFORMATION		29
SIGNATURES		16
ITEM 6.	EXHIBITS		30

Special Note Regarding Forward-Looking Statements

Information included in this Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Black Stallion Oil & Gas Inc. (the “Company”), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

Please note that throughout this Quarterly Report, and unless otherwise noted, the words "Black Stallion,” "we,” "our," "us," the "Company," refers to Black Stallion Oil and Gas Inc.

Table of Contents

PART I - FINANCIAL INFORMATION

~~Item~~ITEM 1. ~~Financial~~FINANCIAL ~~Statements~~STATEMENTS

Our unaudited interim financial statements for the nine month period ended September 30, 2016 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with Generally Accepted Accounting Principles in the United States.

BLACK STALLION OIL AND GAS INC.
BALANCE SHEETS

	March 31,			December 31,
	2017			2016
ASSETS
Current Assets
Cash and cash equivalents	$	10,775		$	-
Prepaid expenses		39,937			118,788
Loan to related party		167,471			41,654
Total Current Assets		218,183			160,441

Working interest in oil and gas leases		850,000			850,000
Intangible assets, net		579			1,158
TOTAL ASSETS	$	1,068,762		$	1,011,599

LIABILITIES
Current Liabilities:
Bank overdraft	$	-		$	276
Accounts payable and accrued liabilities		19,628			26,554
Accrued expenses		107,600			63,900
Notes payable, net of discount		174,115			115,477
Notes payable, interest		13,566			6,680
Derivative liabilities		1,274,721			405,929
Total Current Liabilities		1,589,630			618,816

STOCKHOLDERS' EQUITY
Common stock, $0.0001 par value 6,000,000,000 authorized 249,879,538 shares issued and outstanding at March 31, 2017 145,163,921 shares issued and outstanding at December 31, 2016		24,988			14,516
Additional paid in capital		2,741,109			2,191,672
Common stock subscribed but unissued		-			150,000
Accumulated deficit		(3,286,965	)		(1,963,406	)
Total Stockholders' Equity		(520,868	)		392,783
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	1,068,762		$	1,011,599

3The ~~Table~~accompanying notes are an integral part of ~~Contents~~these financial statements

~~BLACK~~4 ~~STALLION~~Table ~~OIL~~of ~~& GAS INC~~Contents

INTERIM FINANCIAL STATEMENTS

BLACK STALLION OIL AND GAS INC.
STATEMENT OF OPERATIONS

	For the three months ended
	March 31,			March 31,
	2017			2016
Revenue	$	-		$	-

Operating expenses
Amortization		579			579
Consulting		292,050			55,262
Filing		4,385			2,325
Finder's fee		-			17,500
Other G&A expenses		4,767			683
Professional fees
Accounting		3,000			500
Auditor fees		-			6,000
Legal fees		18,378			3,769
Rent expenses		777			1,941
Total operating expenses		323,936			88,559

Loss from operations		(323,936	)		(88,559	)

Other income/ (expense)
Change in derivative liability		(209,518	)		-
Interest on convertible notes		(790,106	)		(17,925	)
Total other income/expenses		(999,624	)		(17,925	)

Net loss before income taxes		(1,323,560	)		(106,484	)
Income tax expense		-			-
Net Profit (Loss)	$	(1,323,560	)	$	(106,484	)

Per share information
Basic, weighted number of common shares outstanding		177,645,565			45,638,090
Net profit (loss) per common share		(0.0075	)		(0.0023	)

~~For~~The ~~the~~accompanying ~~nine~~notes ~~months~~are ~~ended~~an ~~September~~integral ~~30,~~part ~~2016~~of these financial statements

CONTENTS:
Balance Sheets as of September 30, 2016 (Unaudited) and December 31, 2015		F-2
Statements of Operations for the three and nine months ended September 30, 2016 and 2015 (Unaudited)		F-3
Statements of Cash Flows for the nine months ended September 30, 2016 and 2015 (Unaudited)		F-4
Notes to Unaudited Interim Financial Statements		F-5

Table of Contents

F-1

BLACK STALLION OIL AND GAS INC.
STATEMENTS OF CASH FLOWS

	For the three months ended
	March 31,
	2017			2016
Increase (decrease) in cash and cash equivalents:
Cash flows from operating activities:
Net profit (loss)	$	(1,323,560	)	$	(106,484	)
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt discount/note premium		(360,362	)		16,330
Depreciation and amortization		579			579
Change in derivative liabilities		868,792			-
Changes in assets and liabilities:
Decrease (increase) in prepaid expenses		78,850			(180,000	)
Decrease (increase) in due from related party		(125,817	)		12,506
Increase (decrease) in accounts payable		(6,926	)		26,233
Increase (decrease) in accrued expenses		43,700			54,262
Increase (decrease) in interest payable		6,886			1,595
Net cash (used in) provided by operating activities		(817,858	)		(174,979	)

Cash flows from investing activities:
Purchase of capital assets		-			-
Purchase of intangible assets		-			-
Net cash (used in) provided by investment activities		-			-

Cash flows provided by financing activities:
Bank overdraft		(276	)		-
Proceeds from notes payable		419,000			175,000
Proceeds from the sale of common stock and warrants		-			-
Issuance of common stock		409,909			-
Net cash (used in) provided by financing activities		828,633			175,000

Increase (decrease) in cash		10,775			21

Cash and cash equivalents, beg of year		-			216
Cash and cash equivalents, end of year	$	10,775		$	237

Supplemental schedule of noncash investing & financing activities:
Shares issued to settle debt		-

~~BLACK~~The ~~STALLION~~accompanying ~~OIL~~notes &are ~~GAS~~an ~~INC~~integral part of these financial statements

~~BALANCE~~6 ~~SHEETS~~Table of Contents

asNOTES ofTO THE INTERIM FINANCIAL STATEMENTS

	September 30,2016			December 31,2015
	$			$
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents		9,293			216
Prepaid expenses		263,850			2,458
Loan to related party		9,418			26,168
Total current assets		282,561			28,842
Working interest in oil and gas leases		850,000			850,000
Intangible assets, net		1,737			3,475
TOTAL ASSETS		1,134,298			882,317
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities		95,592			12,855
Convertible notes payable, net		197,100			-
Accrued interest		11,721			-
Total Liabilities		304,413			12,855
Stockholders' Equity
Common stock, $0.0001 par value; 6,000,000,000 shares authorized; 99,139,387 and 45,638,090 shares issued and outstanding at September 30, 2016 and at December 31, 2015 respectively		9,914			4,564
Additional paid-in capital		1,671,382			1,117,115
Common stock subscribed but unissued		106,090			150,000
Accumulated deficit		(957,501	)		(402,217	)
Total Stockholders’ Equity		829,885			869,462
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		1,134,298			882,317

March 31, 2017

~~The accompanying notes are an integral part of these financial statements.~~(Unaudited)

~~F-2~~1. ~~Table~~BASIS ofOF ~~Contents~~PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

~~BLACK~~Black ~~STALLION~~Stallion ~~OIL~~Oil &and ~~GAS~~Gas ~~INC~~Inc. (the “Company”) is a Delaware corporation. The Company's business plan involves exploration and development of oil and gas properties.

~~STATEMENT~~On OFSeptember ~~OPERATIONS~~10, 2013, the Company changed its name to Black Stallion Oil and Gas Inc (formerly Secure IT Corp) and changed its business plan to that of exploration and development of oil and gas properties.

The accompanying unaudited interim consolidated financial statements of Black Stallion Oil and Gas Inc. (~~Unaudited~~“BLKG” or the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”), and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s annual report for the year ended December 31, 2016 on Form 10-K filed on May 8, 2017.

	For the three months endedSeptember 30,						For the nine months endedSeptember 30,
	2016			2015			2016			2015
	$			$			$			$
Revenue		-			-			-			-
Operating expenses:
General and administrative expenses:
Amortisation		580			579			1,738			1,737
Consulting		6,260			6,000			7,260			16,000
Contractors		116,567			-			250,330			-
Filing		4,256			13,259			10,437			15,006
Finder’s fee		-			-			24,970			-
Other costs		2,406			17,407			4,417			17,501
Professional fees
-Accounting		-			-			1,500			1,000
-Auditor’s fees		4,000			-			12,000			8,000
-Legal fees		38,000			11,843			43,988			15,666
-Investor relation		-			12,583			-			12,582
-Set-up		-			12,900			2,119			12,900
Rental expense		780			3,275			6,497			12,125
Website costs		-			7,000			-			7,000
Total operating expenses		(172,849	)		(84,846	)		(365,256	)		(119,517	)
Loss from operations		(172,849	)		(84,846	)		(365,256	)		(119,517	)
Interest expense		(96,136	)		-			(183,938	)		-
Net loss		(268,985	)		(84,846	)		(549,194	)		(119,517	)
Net loss per common share - basic and diluted:
Net loss per share attributable to common stockholders		-			-			(0.01	)		-
Weighted-average number of common shares outstanding		78,312,229			43,872,000			56,608,969			43,872,000

In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the consolidated financial statements which would substantially duplicate the disclosure contained in the audited consolidated financial statements for the most recent fiscal year ended December 31, 2016 have been omitted.

~~The~~Use ~~accompanying notes are an integral part~~ of ~~these financial statements.~~Estimates

~~F-3~~The ~~Table~~preparation of ~~Contents~~the accompanying financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of unproved oil and gas properties, deferred tax assets, asset retirement obligations and legal contingencies. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Illiquid credit markets, volatile equity, foreign currency, and energy markets have combined to increase the uncertainty inherent in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.

~~BLACK~~Oil ~~STALLION~~and ~~OIL~~natural &gas ~~GAS INC~~properties

~~STATEMENT~~The OFCompany ~~CASH~~follows ~~FLOWS~~the full-cost method of accounting for oil and gas properties. Accordingly, all costs associated with acquisition, exploration and development of oil and gas reserves, including directly related overhead costs, are capitalized.

~~(Unaudited)~~All capitalized costs of oil and gas properties, including the estimated future costs to develop proved reserves, are amortized on the unit-of-production method using estimates of proved reserves. Investments in unproved properties and major development projects are not amortized until proved reserves associated with the projects can be determined or until impairment occurs. If the results of an assessment indicate that the properties are impaired, the amount of the impairment is included in loss from continuing operations before income taxes and the adjusted carrying amount of the unproved properties is amortized on the unit-of-production method.

	For the nine months endedSeptember 30,
	2016			2015
	$			$
Cash Flows from Operating Activities
Net loss		(549,194	)		(119,517	)
Adjustment to reconcile net loss to net cash used in operating activities:
Amortization expense		1,737			1,737
Contractors		192,425			-
Interest on convertible notes		11,721			-
Changes in operating assets and liabilities:
Prepaid expenses		(261,391	)		-
Accounts payable and accrued liabilities		(109,688	)		(5,743	)
Net cash used in operating activities		(714,390	)		(123,523	)
Cash Flows from Investing Activities		-			-
Cash Flows from Financing Activities
Loan to related party		16,750			(19,404	)
Proceeds from issuance of shares		509,617			150,000
Proceeds from issuance of convertible notes		197,100			-
Net cash provided by financing activities		723,467			130,596
Movement in cash and cash equivalents		9,077			7,073
Cash and cash equivalents at beginning of the period		216			24,110
Cash and cash equivalents at end of the period		9,293			31,183

Table of Contents

The ~~accompanying~~Company’s ~~notes~~oil ~~are~~and gas property represents an ~~integral~~investment ~~part~~in unproved properties. These costs are excluded from the amortized cost pool until proved reserves are found or until it is determined that the costs are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of ~~these~~any ~~financial~~impairment ~~statements~~is charged to expense since a reserve base has not yet been established. Impairment requiring a charge to expense may be indicated through evaluation of drilling results, relinquishing drilling rights or other information.

~~F-4~~Currently, ~~Table~~the Company has no economically recoverable reserves and no amortization base. As of ~~Contents~~March 31, 2017, the Company’s unproved oil and gas properties consist of capitalized exploration costs of caring value of $850,000.

~~BLACK~~Limitation ~~STALLION~~on ~~OIL~~Capitalized ~~& GAS INC~~Costs

~~NOTES~~Under TOthe ~~THE~~full-cost ~~INTERIM~~method ~~FINANCIAL~~of ~~STATEMENTS~~accounting, we are required, at the end of each fiscal quarter, to perform a test to determine the limit on the book value of our oil and natural gas properties (~~Unaudited~~the "Ceiling Test"). If the capitalized costs of our oil and natural gas properties, net of accumulated amortization and related deferred income taxes, exceed the "Ceiling", this excess or impairment is charged to expense and reflected as additional accumulated depreciation, depletion and amortization or as a credit to oil and natural gas properties. The expense may not be reversed in future periods, even though higher oil and natural gas prices may subsequently increase the Ceiling. The Ceiling is defined as the sum of: (a) the present value, discounted at 10 percent, and assuming continuation of existing economic conditions, of 1) estimated future gross revenues from proved reserves, which is computed using oil and natural gas prices determined as the unweighted arithmetic average of the first-day-of-the-month price for each month within the 12-month period prior to the end of the reporting period (with consideration of price changes only to the extent provided by contractual arrangements including hedging arrangements pursuant to SAB 103), less 2) estimated future expenditures (based on current costs) to be incurred in developing and producing the proved reserves; plus (b) the cost of properties not being amortized (pursuant to Reg. S-X Rule 4-10 (c)(3)(ii)); plus (c) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; net of (d) the related tax effects related to the difference between the book and tax basis of our oil and natural gas properties.

~~NOTE~~Cash 1and –Cash ~~NATURE OF BUSINESS AND BASIS OF PRESENTATION~~ Equivalents

~~Black~~Cash ~~Stallion~~and ~~Oil~~equivalents &include ~~Gas~~investments ~~Inc,~~with ainitial ~~Delaware~~maturities ~~corporation~~of ~~(the~~three ~~“Company”)~~months isor anless. ~~oil~~The ~~and~~Company ~~gas~~maintains ~~exploration~~its ~~company.~~cash Asbalances ofat ~~March~~credit-worthy ~~31,~~financial ~~2016,~~institutions ~~the~~that ~~Company~~are ~~had~~insured noby ~~revenues~~the ~~from~~Federal ~~its~~Deposit ~~oil~~Insurance ~~and~~Corporation ~~gas~~("FDIC") ~~operations~~up to $250,000.

~~Basis~~Accounts ofReceivable ~~Presentation~~and Uncollectible Receivables

~~The~~Accounts ~~Company~~Receivable ~~maintains~~are ~~its~~recorded ~~accounting~~at ~~records~~the oninvoiced anamount ~~accrual~~to ~~basis~~the incustomer ~~accordance~~and ~~with~~do ~~generally~~not ~~accepted~~bear ~~accounting~~interest. ~~principles~~The Company extends unsecured credit to its customers in the ~~United~~ordinary ~~States~~course of ~~America~~business, ~~(“U~~but mitigates associated risks by actively pursuing past due accounts.S. ~~GAAP”)~~Receivables that are over 180 days past due are deemed uncollectible and are written off to the statement of operations.

~~These~~Property, ~~financial~~Plant ~~statements~~and ~~are presented in US dollars.~~Equipment

~~Fiscal~~The ~~Year~~Company ~~End~~does not own any property, plant and equipment.

~~The~~Intellectual ~~Corporation has adopted a fiscal year end of December 31.~~Properties

~~Unaudited~~The ~~Interim~~Company ~~Financial~~has ~~Statements~~adopted the provisions of ASC 350-50, Website Development Costs. All costs incurred during the planning phase of a website are expensed as research and development.

~~The~~Costs ~~accompanying~~incurred ~~unaudited interim financial statements of Black Stallion Oil & Gas Inc. have been prepared~~ in ~~accordance with generally accepted accounting principles in~~ the ~~United~~development ~~States of America (“GAAP”) for interim financial information and with Article 8-03 of Regulation S-X. Accordingly~~stage, ~~they~~including ~~do not include all of~~ the ~~information~~purchase ~~and notes required by GAAP for complete financial statements. In the opinion~~ of ~~management, all adjustments, consisting only of normal recurring accruals necessary for~~ a ~~fair~~domain ~~statement of financial position~~name, results of operations and cash flows, have been included. Management presents the financial instruments without fair value measurement according to ASC 825. Additionally management presents the OIl and Gas leases at contracted price and that the leases are ~~not~~capitalized ~~presented according to ASC 840. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the financial statements~~ and ~~the~~reviewed ~~accompanying~~annually ~~notes included in the Company’s Annual Report on Form 10-K~~ for ~~the year ended December 31, 2015~~impairment. The year-end balance sheet data presented for comparative purposes was derived from audited financial statements, but does not include all disclosures required by GAAP. The results of operations for the three and six months ended September 30, 2016 are not necessarily indicative of the operating results for the year ending December 31, 2016 or for any other subsequent interim period.

~~NOTE~~Expenses 2subsequent –to ~~SUMMARY~~the OFlaunch ~~SIGNIFICANT~~will ~~ACCOUNTING~~be ~~POLICIES~~expensed as research and development expenses. The Company will expense upgrades and revisions to its website as incurred.

~~Use~~Once ofthe ~~Estimates~~website is available for use, the asset will be amortized over its useful life on a straight-line basis, estimated to be 3 years, and is tested for impairment annually.

~~The~~8 ~~preparation~~Table of the accompanying financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of unproved oil and gas properties, deferred tax assets, asset retirement obligations and legal contingencies. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Illiquid credit markets, volatile equity, foreign currency, and energy markets have combined to increase the uncertainty inherent in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.Contents

~~F-5~~Oil ~~Table~~and ofGas ~~Contents~~Properties and Impairment

~~Going~~The ~~concern~~Company follows the full-cost method of accounting for oil and gas properties. Accordingly, all costs associated with acquisition, exploration and development of oil and gas reserves, including directly related overhead costs, are capitalized.

~~The~~All ~~accompanying~~capitalized ~~financial~~costs ~~statements~~of ~~have~~oil ~~been~~and ~~prepared~~gas ~~assuming~~properties, ~~that~~including the ~~Company~~estimated ~~will~~future ~~continue~~costs asto adevelop ~~going~~proved ~~concern~~reserves, ~~which~~are ~~contemplates~~amortized on the ~~realization~~ unit-of-production ~~assets~~method ~~and~~using ~~the~~estimates ~~liquidation~~ of ~~liabilities~~proved inreserves. ~~the~~Investments ~~normal~~in ~~course~~unproved ofproperties ~~business.~~and Asmajor atdevelopment ~~September~~projects ~~30,~~are ~~2016~~not ~~the~~amortized ~~Company~~until ~~has~~proved ~~insufficient~~reserves ~~working~~associated ~~capital,~~with ~~has~~the ~~accumulated~~projects ~~losses~~can ~~from~~be ~~operations~~determined ofor ~~$957,501~~until ~~and~~impairment ~~has~~occurs. ~~earned~~If nothe ~~revenues~~results ~~since~~of ~~inception.~~an ~~The~~assessment ~~Company~~indicate ~~intends~~that tothe ~~fund~~properties ~~operations~~are ~~through~~impaired, ~~equity~~the ~~financing~~amount ~~arrangements,~~of ~~which~~the ~~may~~impairment beis ~~insufficient~~included toin ~~fund~~loss ~~its~~from ~~capital~~continuing ~~expenditures,~~operations ~~working~~before ~~capital~~income taxes and ~~other~~the ~~cash~~adjusted ~~requirements~~carrying ~~for~~amount of the ~~year~~unproved ~~ending~~properties ~~December~~is ~~31,~~amortized ~~2016~~on the unit-of-production method.

ToImpairment carry out further planned operations, the Company must raise additional funds through additional equity and/or debt issuances. There can be no assurance that this capital will be available, and if it is not, the Company may be forced to curtail or cease exploration and development activities. The financial statements do not include any adjustments that might result from the outcome of ~~this~~Long ~~uncertainty.~~Lived Assets

~~Oil~~The Company reviews and ~~natural~~evaluates ~~gas~~long-term ~~properties~~assets for impairment when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. The assets are subject to impairment consideration under ASC 360-10-35-17 if events or circumstances indicate that their carrying amount might not be recoverable. When the Company determines that an impairment analysis should be done, the analysis will be performed using the rules of ASC 930-360-35 Asset Impairment, and 360-10-15-3 through 15-5, Impairment or Disposal of Long-Term Assets.

~~The~~Accounts ~~Company~~Payable ~~follows the full-cost method of accounting for oil~~ and ~~gas~~Accrued ~~properties. Accordingly, all costs associated with acquisition, exploration and development of oil and gas reserves, including directly related overhead costs, are capitalized.~~Expenses

~~All~~Accounts ~~capitalized~~payable ~~costs of oil~~ and ~~gas~~accrued ~~properties,~~expenses ~~including~~are ~~the~~carried ~~estimated~~at ~~future costs to develop proved reserves, are~~ amortized oncost ~~the~~and ~~unit-of-production~~represent ~~method~~liabilities ~~using~~for ~~estimates~~goods ~~of proved reserves. Investments in unproved properties~~ and ~~major~~services ~~development~~provided ~~projects~~to ~~are not amortized until proved reserves associated with~~ the ~~projects~~Company ~~can~~prior beto ~~determined or until impairment occurs. If~~ the ~~results~~end of anthe ~~assessment~~financial ~~indicate~~year that ~~the properties~~ are ~~impaired,~~unpaid ~~the~~and ~~amount~~arise ofwhen the ~~impairment~~Company isbecomes ~~included~~obliged into ~~loss~~make ~~from~~future ~~continuing~~payments ~~operations~~in ~~before~~respect ~~income~~of ~~taxes and~~ the ~~adjusted~~purchase ~~carrying amount~~ of ~~the~~these ~~unproved~~goods ~~properties~~and ~~is amortized on the unit-of-production method~~services.

~~The~~Earnings ~~Company’s~~per oil and gas property represents an investment in unproved properties. These costs are excluded from the amortized cost pool until proved reserves are found or until it is determined that the costs are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment is charged to expense since a reserve base has not yet been established. Impairment requiring a charge to expense may be indicated through evaluation of drilling results, relinquishing drilling rights or other information.share

~~Currently,~~Our ~~the~~company ~~Company~~computes ~~has~~loss noper ~~economically~~share ~~recoverable~~in ~~reserves~~accordance ~~and~~with no"ASC-260", ~~amortization~~"Earnings ~~base.~~per ~~The~~Share" ~~Company’s~~which ~~unproved~~requires ~~oil~~presentation of both basic and ~~gas~~diluted ~~properties~~earnings ~~consist~~per share on the face of ~~capitalized~~the ~~exploration~~statement ~~costs~~of operations. In periods of ~~$850~~losses,~~000~~ basic and diluted loss per share are the same, as the effect of ~~September~~stock ~~30,~~warrants ~~2016~~and convertible debt on loss per share is anti-dilutive.

~~Limitation~~Basic onloss ~~Capitalized~~per ~~Costs~~share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive potential shares consist of dilutive shares issuable upon the exercise of outstanding stock warrants using the treasury-stock method and convertible debt computed using as-if converted method. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.

~~Under~~Long ~~the~~Lived ~~full-cost~~Assets ~~method~~Including ofGoodwill ~~accounting, we are required, at the end of each fiscal quarter, to perform a test to determine the limit on the book value of our oil~~ and ~~natural~~Other ~~gas~~Acquired ~~properties~~Intangible (the "Ceiling Test"). If the capitalized costs of our oil and natural gas properties, net of accumulated amortization and related deferred income taxes, exceed the "Ceiling", this excess or impairment is charged to expense and reflected as additional accumulated depreciation, depletion and amortization or as a credit to oil and natural gas properties. The expense may not be reversed in future periods, even though higher oil and natural gas prices may subsequently increase the Ceiling. The Ceiling is defined as the sum of: (a) the present value, discounted at 10 percent, and assuming continuation of existing economic conditions, of 1) estimated future gross revenues from proved reserves, which is computed using oil and natural gas prices determined as the unweighted arithmetic average of the first-day-of-the-month price for each month within the 12-month period prior to the end of the reporting period (with consideration of price changes only to the extent provided by contractual arrangements including hedging arrangements pursuant to SAB 103), less 2) estimated future expenditures (based on current costs) to be incurred in developing and producing the proved reserves; plus (b) the cost of properties not being amortized (pursuant to Reg. S-X Rule 4-10 (c)(3)(ii)); plus (c) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; net of (d) the related tax effects related to the difference between the book and tax basis of our oil and natural gas properties.Assets

~~Cash~~The Company amortizes its intangible assets with definite useful lives over their estimated useful lives and ~~cash~~reviews ~~equivalents~~these assets for impairment. The Company typically amortizes its acquired intangible assets with definite useful lives over periods from three to seven years.

~~Cash~~Fair ~~and~~Value ~~equivalents include investments with initial maturities~~ of ~~three~~Financial ~~months or less. The Company maintains its cash balances at credit-worthy financial institutions that are insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000.~~Instruments

~~F-6~~Fair ~~Table~~value is defined as the price that would be received upon sale of ~~Contents~~an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of non-performance risk including our own credit risk.

~~Prepaid~~In ~~Expenses~~addition to defining fair value, the standard expands the disclosure requirements around fair value and establishes a fair value hierarchy for valuation inputs is expanded. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. Each fair value measurement is reported in one of the three levels and which is determined by the lowest level input that is significant to the fair value measurement in its entirety.

~~Prepaid~~9 ~~contracting~~Table ~~expenses represents amounts paid in advance for future contractual benefits to be received. Contracting expenses paid in advance are recorded as a prepaid asset and then amortized to the statements~~ of ~~operations over the life of the contract using the straight-line method.~~Contents

OnThese ~~February~~levels 9, 2016, the Company entered into a 5 year contracting arrangement with a related party for contracting services related to expertise in the petroleum industry. As compensation for contractor services the Company will pay the contractor fees of $180,000 annually in advance.are:

OnLevel ~~February~~1 9,- ~~2016,~~inputs ~~the~~are ~~Company~~based ~~entered~~upon ~~into~~unadjusted aquoted 12prices ~~month contracting arrangement with a related party. As compensation~~ for ~~services~~identical ~~the~~instruments ~~Company~~traded ~~will pay the contractor fees of $2,500 a month, payable $900~~ in ~~cash~~active ~~and $1,600 with common stock of the company valued at 50% of market at the date of conversion~~markets. ~~The contractor was entitled to cash compensation of $25,000 upon signing.~~

OnLevel ~~April~~2 - 8,inputs ~~2016,~~are ~~the~~based ~~Company~~upon ~~entered~~quoted ~~into~~prices afor 5similar ~~year~~instruments ~~contracting~~in ~~arrangement~~active ~~with~~markets, aquoted ~~related~~prices ~~party~~ for ~~contracting~~identical ~~services~~or ~~related~~similar toinstruments ~~expertise~~in ~~and~~markets ~~experience~~that inare ~~raising~~not ~~finance.~~active, Asand ~~compensation~~model-based valuation techniques for ~~contractor~~which ~~services~~all significant assumptions are observable in the ~~Company~~market ~~will~~or ~~pay~~can be corroborated by observable market data for substantially the ~~contractor~~full ~~fees~~term of ~~$120,000~~the ~~annually~~assets inor ~~advance~~liabilities.

OnLevel ~~July~~3 ~~15,~~- ~~2016,~~inputs ~~the~~are ~~Company~~generally ~~entered~~unobservable ~~into~~and atypically 5reflect ~~year~~management’s ~~contracting~~estimates ~~arrangement~~of ~~with~~assumptions athat ~~related~~market ~~party~~participants ~~for~~would ~~contracting~~use ~~services~~in ~~related~~pricing tothe ~~expertise~~asset ~~and~~or ~~experience~~liability. inThe ~~raising~~fair ~~finance.~~values Asare ~~compensation~~therefore ~~for~~determined ~~contractor~~using ~~services~~model-based ~~the~~techniques ~~Company~~that ~~will~~include ~~pay~~option ~~the~~pricing ~~contractor~~models, ~~fees~~discounted ofcash ~~$120~~flow models,~~000~~ ~~annually~~and insimilar ~~advance~~techniques.

OnFinancial ~~August~~assets ~~1, 2016, the Company entered into one year contracting arrangement with an unrelated party for contracting services related to expertise~~ and ~~experience~~liabilities inmeasured ~~raising~~at ~~finance.~~fair Asvalue ~~compensation~~on ~~for~~a ~~contractor~~recurring ~~services the Company will pay the contractor fees of $50,000 annually in advance.~~basis:

Intellectual Properties

	Fair Value	March 31, 2017				December 31, 2016
	Input	Carrying Estimated				Carrying Estimated
	Level	Amount		Fair Value		Amount		Fair Value
Derivative Liability	3		1,274,721		1,274,721		405,929		405,929
Total Financial Liabilities		$	1,274,721	$	1,274,721	$	405,929	$	405,929

~~The~~In ~~Company~~managements ~~has~~opinion, ~~adopted~~the fair value of convertible notes payable and advances payable is approximate to carrying value as the ~~provisions~~interest rates and other features of ~~ASC~~these ~~350-50,~~instruments ~~Website~~approximate ~~Development~~those ~~Costs~~obtainable for similar instruments in the current market. ~~All~~Unless ~~costs~~otherwise ~~incurred~~noted, ~~during~~it is management’s opinion that the ~~planning~~Company ~~phase~~is ofnot aexposed ~~website~~to ~~are~~significant ~~expensed~~interest, asexchange ~~research~~or ~~and~~credit ~~development~~risks arising from these financial instruments.

~~Costs~~Income ~~incurred in the development stage, including the purchase of a domain name, are capitalized and reviewed annually for impairment.~~Taxes

~~Expenses~~The ~~subsequent~~Company records deferred taxes in accordance with FASB ASC No. 740, Income Taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the ~~launch~~financial ~~will~~statement becarrying ~~expensed~~amounts asof ~~research~~existing assets and ~~development~~liabilities ~~expenses~~and loss carry-forwards and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The ~~Company~~effect ~~will~~of ~~expense~~a ~~upgrades~~change in tax rules on deferred tax assets and ~~revisions~~liabilities tois ~~its~~recognized ~~website~~in asoperations ~~incurred~~in the year of change. A valuation allowance is recorded when it is “more likely-than-not” that a deferred tax asset will not be realized.

~~Once~~Recent ~~the~~Accounting ~~website is available for use, the asset will be amortized over its useful life on a straight line basis, estimated to be 3 years, and is tested for impairment annually.~~Pronouncements

~~Accounts~~The ~~payable~~Company has reviewed recently issued accounting pronouncements and ~~accrued~~noted ~~liabilities~~no new pronouncements that would have a material impact on its results of operations or financial position.

Accounts payable and accrued liabilities are carried at amortized cost and represent liabilities for goods and services provided to the Company prior to the end of the financial year that are unpaid and arise when the Company becomes obliged to make future payments in respect of the purchase of these goods and services.Reclassification

~~Earnings~~Certain ~~per~~prior ~~share~~year amounts have been reclassified to conform to the current year presentation.

Our company computes loss per share in accordance with "ASC-260", "Earnings per Share" which requires presentation of both basic and diluted earnings per share on the face of the statement of operations2. InGOING ~~periods of losses, basic and diluted loss per share are the same, as the effect of stock warrants and convertible debt on loss per share is anti-dilutive.~~CONCERN

~~Basic~~The ~~loss~~accompanying ~~per~~financial ~~share~~statements ishave ~~computed~~been byprepared ~~dividing~~assuming ~~net~~that ~~loss~~the ~~available~~Company towill ~~common~~continue ~~shareholders~~as bya ~~the~~going ~~weighted~~concern, ~~average~~which ~~number~~contemplates ofthe ~~outstanding~~realization ~~common~~of ~~shares~~assets ~~during~~and the ~~period.~~liquidation ~~Diluted~~of ~~loss~~liabilities ~~per~~in ~~share~~the ~~gives~~normal ~~effect~~course toof ~~all~~business. ~~dilutive~~As ~~potential~~of ~~common~~March ~~shares~~31, ~~outstanding~~2017, ~~during~~ the ~~period.~~Company ~~Dilutive~~has ~~potential~~insufficient ~~shares~~working ~~consist~~capital, ofhas ~~dilutive~~accumulated ~~shares~~losses ~~issuable~~from ~~upon~~operations ~~the~~of ~~exercise~~$3,286,965 ofand ~~outstanding~~has ~~stock~~earned ~~warrants~~no ~~using~~revenues ~~the~~since ~~treasury-stock~~inception. ~~method~~The ~~and~~Company ~~convertible~~intends ~~debt~~to ~~computed~~fund ~~using~~operations ~~as-if~~through ~~converted~~equity ~~method.~~financing ~~Dilutive~~arrangements, ~~loss~~which ~~per~~may ~~share~~be ~~excludes~~insufficient ~~all~~to ~~potential~~fund ~~common~~its ~~shares~~capital ifexpenditures, ~~their~~working ~~effect~~capital isand ~~anti-dilutive~~other cash requirements.

~~Income~~To ~~taxes~~carry out further planned operations, the Company must raise additional funds through additional equity and/or debt issuances. There can be no assurance that this capital will be available, and if it is not, the Company may be forced to curtail or cease exploration and development activities. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~Income~~10 ~~taxes~~Table ~~are accounted for in accordance with ASC Topic 740, “Income Taxes.” Under the asset and liability method, deferred tax assets and liabilities are recognized for the future consequences~~ of differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases (temporary differences). Deferred tax assets and liabilities are measured using tax rates expected to apply to taxable income in the years in which those temporary differences are recovered or settled. Valuation allowances for deferred tax assets are established when it is more likely than not that some portion or all of the deferred tax assets will not be realized.Contents

~~F-7~~3. ~~Table~~WORKING ofINTEREST ~~Contents~~IN OIL AND GAS LEASES

~~Recent~~On ~~Accounting~~February ~~Pronouncements~~23, 2014, the Company entered into a Lease Assignment Agreement with West Bakken Energy Holdings Ltd to acquire from an unaffiliated oil and gas company, an undivided 100% interests (a 50% working interest) in certain oil and gas properties, comprising approximately 12,233.93 acres of land located in Montana, United States.

~~Management~~- ~~does~~As ~~not~~consideration, ~~anticipate~~the ~~that~~Company ~~the~~has ~~recently~~agreed ~~issued~~to ~~but~~issue ~~not~~1,100,000 ~~yet~~shares ~~effective~~of ~~accounting~~common ~~pronouncements~~stock ~~will~~to ~~materially~~West ~~impact~~Bakken ~~the~~Energy ~~Company’s~~Holdings ~~financial~~Ltd ~~condition~~at a purchase price of $0.50 per share of common stock, a total of $550,000. The shares were issued to West Bakken Energy Holdings Ltd on August 19, 2015.

~~NOTE~~On 3October –2, ~~WORKING~~2015, ~~INTEREST~~the INCompany ~~OIL~~entered ~~AND~~into ~~GAS~~a ~~LEASES~~Lease Assignment Agreement with Hillcrest Exploration Ltd to acquire from an unaffiliated oil and gas company, the remaining 50% working interest in certain oil and gas properties, comprising approximately 12,233.93 acres of land located in Montana, United States.

On February 23, 2014 the Company entered into a Lease Assignment Agreement with West Bakken Energy Holdings Ltd to acquire from an unaffiliated oil and gas company, an undivided 100% interests (a 50% working interest) in certain oil and gas properties, comprising approximately 12,233,93 acres of land located in Montana, United States.

	-	As consideration, the Company agreed to issue 500,000 shares of common stock to Hillcrest Exploration Ltd at a purchase price of $1 per share and $50,000 cash for total proceeds of $550,000.

	-	Of the total consideration, $50,000 cash and 250,000 common shares were paid on the date of closing which occurred on October 27, 2015. The remaining 250,000 common shares are contingent and are to be paid on the date that Black Stallion spuds its first oil well on the property. Due to the uncertain nature of oil drilling, management is unable to state that this event is more likely that not to occur. Therefore, the total cost capitalized and payable is excluding this amount and will be reassessed at a future date.

~~- As consideration, the Company has agreed to issue 1,100,000 shares of common stock to West Bakken Energy Holdings Ltd at a purchase price of $0~~4.50 ~~per~~INTANGIBLE ~~share of common stock, a total of $550,000. The shares were issued to West Bakken Energy Holdings Ltd on August 19, 2015.~~ASSETS

On October 2, 2015 the Company entered into a Lease Assignment Agreement with Hillcrest Exploration Ltd to acquire from an unaffiliated oil and gas company, the remaining 50% working interest in certain oil and gas properties, comprising approximately 12,233.93 acres of land located in Montana, United States.

	March 31, 2017
								Weighted
	Gross							Average
	Carrying		Accumulated			Net Carrying		Useful Life
	Amount		Amortization			Amount		(in Years)
Intellectual property - website	$	6,950	$	(6,371	)	$	579	3
Total finite-lived intangible assets	$	6,950	$	(6,371	)	$	579

	-	As consideration, the Company agreed to issue 500,000 shares of common stock to Hillcrest Exploration Ltd at a purchase price of $1 per share and $50,000 cash for total proceeds of $550,000.
	-	Of the total consideration, $50,000 cash and 250,000 common shares were paid on the date of closing which occurred on October 27, 2015. The remaining 250,000 common shares are contingent and are to be paid on the date that Black Stallion spuds its first oil well on the property. Due to the uncertain nature of oil drilling, management is unable to state that this event is more likely that not to occur. Therefore the total cost capitalized and payable is excluding this amount and will be reassessed at a future date.

Intangible assets consist of capitalized website development costs. The website entered its operating stage during July 2014. Amortization expenses of $579 have been recorded for the three ended March 31, 2017.

~~NOTE~~The 4following –table ~~INTANGIBLE~~reflects ~~ASSETS~~the estimated future amortization expense for the Company's finite-lived website development costs as of March 31, ~~NET~~2017:

	September 30, 2016
June 30, 2017		579
	GrossCarryingAmount		AccumulatedAmortization			NetCarryingAmount		WeightedAverageUseful Life(in Years)
Total		579
	$		$			$
Intellectual property - website		6,950		(5,213	)		1,737		3
Total finite-lived intangible assets		6,950		(5,213	)		1,737

~~Intangible~~11 ~~assets~~Table ~~consist~~ of capitalized website development costs. Development costs of $3,475 relating to website creation, development and launch have been capitalized. The website entered its operating stage during July 2014. Amortization expenses of $1,737 has been expensed during the period ended September 30, 2016.Contents

~~The~~5. ~~following~~CONVERTIBLE ~~table~~NOTES ~~reflects the estimated future amortization expense for the Company's finite-lived website development costs as of September 30, 2016:~~PAYABLE

	EstimatedAmortization Expense
	$
2016 (remainder)		579
2017		1,158
Total		1,737

As of March 31, 2017, and December 31, 2016, notes payable comprised as the following:

F-8 Table of Contents

	March 31,			December 31,
	2017			2016
Promissory Note #6		-			46,000
Promissory Note #7		-			44,250
Promissory Note #8		-			44,250
Promissory Note #11		83,000			50,000
Promissory Note #13		25,000			25,000
Promissory Note #14		20,000			20,000
Promissory Note #15		-			59,500
Promissory Note #16		50,000			-
Promissory Note #17		100,000			-
Promissory Note #18		100,000			-
Promissory Note #19		35,000			-
Promissory Note #20		60,000			-
Promissory Note #21		70,000			-
Promissory Note #22		40,000			-
Promissory Note #23		25,000			-
Promissory Note #24		25,000			-
Promissory Note #25		25,000			-
Promissory Note #26		50,000			-
Notes payable, principal	$	708,000		$	289,000
Debt discount		(533,885	)		(173,523	)
Notes payable, net of discount		174,115			115,477
Accrued interest		13,566			6,680
Total notes payable	$	187,681		$	122,157

~~NOTE~~Promissory 5Note ~~– CONVERTIBLE NOTES PAYABLE, NET~~#6

~~Convertible~~On ~~notes~~July ~~payable~~12, ~~consisted~~2016, the Company received funding pursuant to a convertible promissory note in the amount of $46,000. The note is unsecured, bears interest at 8% per annum, and matures on July 12, 2017. This note is convertible into the ~~following:~~Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days. During the three months ended March 31, 2017 and 2016, the Company accrued $202 and $0, respectively, in interest expense.

	September 30,			December 31,
	2016			2015
	$			$
Description
On February 5, 2016, the Company executed a convertible note payable in the amount of $100,000 payable on February 5, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion. During September 2016 $40,000 converted into shares.		60,000			-
On March 7, 2016, the Company executed a convertible note payable in the amount of $75,000 payable on March 7, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion. During September 2016 $47,500 converted into shares.		27,500			-
On April 15, 2016, the Company entered into a debt settlement agreement with an unrelated party to settle a portion of an outstanding contractual obligation for a convertible promissory note in the amount of $50,000 payable on April 15, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion.		50,000			-
On May 4, 2016, the Company executed a convertible note payable in the amount of $75,000 payable on February 4, 2017 bearing interest at 12% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 45% of the lowest closing bid price of the Company’s common stock during the 10 consecutive trading days prior to the date of conversion.		75,000			-
On July 12, 2016, the Company executed a convertible note payable in the amount of $46,000 payable on July 12, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion.		46,000			-
On August 12, 2016, the Company executed a convertible note payable in the amount of $44,250 payable on August 12, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion.		44,250			-
On August 12, 2016, the Company executed a convertible note payable in the amount of $44,250 payable on August 12, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion.		44,250			-
On September 22, 2016, the Company executed a convertible note payable in the amount of $50,000 payable on September 22, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 45% of the lowest closing bid price of the Company’s common stock during the 10 consecutive trading days prior to the date of conversion.		50,000			-
Total		397,000			-
Less: Debt discount		(199,900	)		-
Total convertible notes payable		197,100			-

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $98,234, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

~~F-9~~During ~~Table~~the three months ended March 31, 2017 and 2016, the Company recorded a loss of ~~Contents~~$1,761 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $18,992 and $0, respectively, was accreted to the statement of operations.

~~NOTE~~On January 6, –2017, ~~STOCKHOLDER’S~~the ~~EQUITY~~principal balance of $46,000 and accrued interest of $1,937 was paid in full by an unrelated party (see Promissory Note #16). Legal fees and a pre-payment penalty of $34,399 was recorded to the statement of operations, and the derivative liability amounting to $68,987 was re-classified to additional paid in capital.

~~Common~~12 ~~Stock~~Table of Contents

OnPromissory ~~September~~Note ~~30, 2011, the Company issued 132,000,000 shares of common stock to the directors of the Company at a price of $0.00017 per share, for $22,000.~~#7

On ~~September~~August 1012, ~~2012~~2016, the Company ~~issued~~received 19funding pursuant to a convertible promissory note in the amount of $44,~~872~~250. The note is unsecured,~~000~~ ~~free~~bears ~~trading~~interest ~~shares~~at of8% per annum, and matures on August 12, 2017. This note is convertible into the Company’s common stock at ~~$0.0025~~a ~~per~~variable ~~share~~conversion price equal to a55% ~~total~~of the average of 46the ~~stockholders~~three lowest closing bid price of the Company’s common stock for ~~consideration~~the twenty prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $49456 and $0,~~680~~ respectively, in interest expense.

OnUpon ~~September~~the 9,holder’s ~~2013~~option to convert becoming active, the ~~Director~~Company ~~then~~recorded ~~approved~~ a ~~sixty~~debt ~~new,~~discount ~~for~~and ~~one~~derivative ~~old~~liability ~~share~~of in$101,457, abeing ~~forward~~the ~~split~~fair value of the ~~Company's~~conversion ~~outstanding~~feature ~~shares~~which ofwas ~~common~~determined ~~stock~~using the Black-Scholes valuation model. ~~All~~The ~~share~~debt ~~and~~discount ~~per~~is ~~share~~accreted ~~data~~to inthe statement of operations using the ~~accompanying~~effective ~~financial~~interest ~~statements~~rate ~~and~~method ~~footnotes~~over ~~has~~the ~~been~~term ~~adjusted~~of ~~retrospectively~~the ~~for~~note or to the ~~effects~~date of conversion, and the ~~stock~~derivative ~~split~~liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

OnDuring ~~September~~the 9three months ended March 31, ~~2013~~2017 and 2016, the Company ~~entered~~recorded ~~into~~ a ~~share~~gain ~~cancellation/return~~of to$3,931 ~~treasury~~and ~~agreement~~$0, ~~with~~respectively, ~~Mr.~~due ~~George~~to ~~Drazenovic,~~the change in value of the ~~Company's~~derivative ~~president;~~liability ~~wherein~~during Mrthe period. ~~Drazenovic~~During ~~agreed~~the tothree ~~the~~months ~~cancellation~~ended March 31, 2017 and ~~return~~2016, tothe ~~treasury~~debt discount of ~~108~~$23,~~000,000~~511 ~~shares~~and of$0, ~~common~~respectively, ~~stock~~was ofaccreted ~~our~~to ~~company~~the ~~for~~statement $1of operations.

On ~~September~~February 2716, ~~2014~~2017, the ~~Company~~company ~~initiated~~redeemed athe ~~private~~note ~~placement~~ for ~~the sale of 300~~$68,~~000~~150, ~~units~~which atincluded ~~$0.5~~the ~~per~~principal ~~unit.~~balance ~~Each~~of ~~unit~~$44,250, ~~comprised~~accrued interest of $1,765 ~~share~~and ofpre-payment ~~common~~penalties ~~stock~~ and 1legal ~~non-transferrable~~fees ~~share~~of ~~purchase warrant~~$22,135. ~~Each~~The ~~warrant~~derivative ~~have~~liability anamounting ~~exercise~~to ~~price of~~ $150,618 ~~per~~was ~~share~~re-classified ~~and~~to ~~expire~~additional onpaid ~~January~~in ~~1, 2017~~capital.

OnPromissory ~~July~~Note 22, 2015, the Company initiated a private placement for the sale of 50,000 units at $1 per unit. Each unit comprised of 1 share of common stock and 1 non-transferrable share purchase warrant. Each warrant have an exercise price of $1.50 per share and expire on January 1, 2017.#8

On August 1312, ~~2015~~2016, the Company ~~initiated~~received funding pursuant to a ~~private~~convertible ~~placement~~promissory ~~for~~note in the ~~sale~~amount of 27$44,~~027~~250. ~~units~~The note is unsecured, bears interest at ~~$1.85~~8% per ~~unit~~annum, and matures on August 12, 2017. ~~Each~~This ~~unit~~note ~~comprised~~is convertible into the Company’s common stock at a variable conversion price equal to 55% of 1the ~~share~~average of the three lowest closing bid price of the Company’s common stock ~~and~~for 1the ~~non-transferrable~~twenty ~~share~~prior ~~purchase~~trading ~~warrant.~~days ~~Each~~including ~~warrant~~the ~~have~~day anupon ~~exercise~~which ~~price~~a Notice of $2Conversion is received by the Company.00 ~~per~~During ~~share~~the ~~and~~three ~~expire~~months onended ~~January~~March 131, 2017 and 2016, the Company accrued $524 and $0, respectively, in interest expense.

OnUpon ~~September~~the 1,holder’s ~~2015~~option to convert becoming active, the Company ~~initiated~~recorded a ~~private~~debt ~~placement~~discount ~~for~~and ~~the~~derivative ~~sale~~liability of 39$101,~~063~~457, ~~units~~being atthe ~~$1.28~~fair ~~per~~value ~~unit~~of the conversion feature which was determined using the Black-Scholes valuation model. ~~Each~~The ~~unit~~debt ~~comprised~~discount is accreted to the statement of 1operations ~~share~~using the effective interest rate method over the term of ~~common~~the ~~stock~~note or to the date of conversion, and 1the ~~non-transferrable~~derivative ~~share~~liability ~~purchase~~is ~~warrant~~revalued at each reporting date to fair value. ~~Each~~Any ~~warrant~~change ~~have~~in anfair ~~exercise~~value ~~price~~is ofcredited ~~$1.50~~or ~~per~~charged ~~share~~to ~~and~~the ~~expire~~statement onof ~~January~~operations 1,in ~~2017~~the period.

OnDuring ~~October~~the 1three months ended March 31, ~~2015~~2017 and 2016, the Company ~~initiated~~recorded a ~~private~~gain ~~placement~~of ~~for~~$10,867 ~~the~~and ~~sale~~$0, ~~of 103~~respectively,~~000~~ ~~units~~due atto ~~$1.03~~the ~~per~~change ~~unit.~~in ~~Each~~value ~~unit~~of ~~comprised~~the ofderivative 1liability ~~share~~during ofthe ~~common~~period. ~~stock~~During ~~and~~the 1three ~~non-transferrable~~months ~~share~~ended ~~purchase~~March ~~warrant.~~31, ~~Each~~2017 ~~warrant~~and ~~have~~2016, anthe ~~exercise~~debt ~~price~~discount of $~~1.50~~23,511 ~~per~~and ~~share~~$0, ~~and~~respectively, ~~expire~~was onaccreted ~~January~~to 1,the ~~2017~~statement of operations.

On ~~October~~February 1523, ~~2015~~2017, the ~~Company~~company ~~initiated~~redeemed athe ~~private~~note ~~placement~~ for $83,250, which included the ~~sale~~principal balance of $44,250,~~000~~ ~~units~~accrued atinterest of $1,833 ~~per~~and ~~unit.~~pre-payment ~~Each~~penalties ~~unit~~and ~~comprised~~legal fees of 1$37,167. ~~share~~The ofderivative ~~common~~liability ~~stock~~amounting ~~with~~to no$43,682 ~~warrants~~was ~~attached~~re-classified to additional paid in capital.

On13 ~~August~~Table ~~3, 2016, the Company initiated a private placement for the sale~~ of ~~50,000,000 shares at $0.001 per share.~~Contents

OnPromissory ~~September~~Note ~~2016, $87,500 of convertible notes were converted into shares. The company issued 3,501,297 shares due to the conversion.~~#11

~~Treasury~~On ~~Stock~~September 22, 2016, the Company received funding pursuant to a convertible promissory note in the amount of $100,000. The note is unsecured, bears interest at 8% per annum, and matures on September 22, 2017. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $3,041 and $0, respectively, in interest expense.

~~Retirement~~Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of ~~Treasury~~$173,881, ~~Stock~~being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

OnDuring ~~September~~the 9three months ended March 31, ~~2013~~2017 and 2016, the Company ~~retired~~recorded ~~108~~a loss of $34,~~000~~050 and $0,~~000~~ ~~shares~~respectively, due to the change in value of ~~common~~the ~~stock~~derivative liability during the period. ~~These~~During ~~retired~~the ~~shares~~three ~~are~~months ~~now~~ended ~~included~~March in31, 2017 and 2016, the ~~Company’s~~debt ~~pool~~discount of ~~authorized~~$56,610 ~~but~~and ~~unissued~~$0, ~~shares~~respectively, was accreted to the statement of operations.

~~F-10~~During ~~Table~~the three months ended March 31, 2017, the Company issued an aggregate of ~~Contents~~29,455,891 common shares upon the conversion of principal amount of $17,000 and interest of $674. The derivative liability amounting to $53,041 was re-classified to additional paid in capital.

~~Warrants~~As of March 31, 2017, principal balance of $83,000, accrued interest of $3,463, debt discount of $25,896 and a derivative liability of $141,021 was recorded.

~~The~~Promissory ~~Company~~Note has reserved 519,090 shares of common stock as of September 30, 2016 for the exercise of warrants to non-employees, of which 519,090 are exercisable. These warrants could potentially dilute basic earnings per share in future years. The warrants exercise prices and expiration dates are as follows:#13

	Exercise Price		Number of Shares		Expiration Date
	$
To investors		1.5		103,000	January 1, 2017
		1		300,000	January 1, 2017
		1.5		39,063	January 1, 2017
		2		27,027	January 1, 2017
		1.5		50,000	January 1, 2017
				519,090

On October 31, 2016, the Company received funding pursuant to a convertible promissory note in the amount of $25,000. The note is unsecured, bears interest at 8% per annum and matures on October 31, 2017. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the average of the three lowest closing bid price of the Company’s common stock for the fifteen prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $493 and $0, respectively, in interest expense.

~~NOTE~~Upon 7the –holder’s ~~INCOME~~option ~~TAXES~~to convert becoming active, the Company recorded a debt discount and derivative liability of $36,113, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

The provision / (benefit) for income taxes for the nine month periods ended September 30, 2016 and 2015 were as follows (assuming a 15% effective tax rate):
	September 30,			September 30,
	2016			2015
	$			$
Current Tax Provision
Federal-
Taxable income
Total current tax provision		-			-
		-			-
Deferred Tax Provision
Federal-
Loss carry forwards		83,379			17,928
Change in valuation allowance		(83,379	)		(17,928	)
Total deferred tax provision		-			-
The Company had deferred income tax assets as of September 30, 2016 and December 31, 2015 as follows:
Loss carry forwards		143,625			61,246
Less - Valuation allowance		(143,625	)		(61,246	)
		-			-
The Company provided a valuation allowance equal to the deferred income tax assets for periods ended September 30, 2016 and December 31, 2015 because it is not presently known whether future taxable income will be sufficient to utilize the loss carryforwards.
As of September 30, 2016, the Company had approximately $957,501 in tax loss carryforwards that can be utilized future periods to reduce taxable income, and expire by the year 2036.
The Company did not identify any material uncertain tax positions. The Company did not recognize any interest or penalties for unrecognized tax benefits.
The federal income tax returns of the Company are subject to examination by the IRS, generally for three years after they are filed.

During the three months ended March 31, 2017 and 2016, the Company recorded a loss of $5,940 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $8,614 and $0, respectively, was accreted to the statement of operations.

~~F-11~~As ~~Table~~of March 31, 2017, principal balance of ~~Contents~~$25,000, accrued interest of $827, debt discount of $12,208 and a derivative liability of $42,476, was recorded.

~~NOTE~~14 8Table –of ~~RELATED PARTY TRANSACTIONS~~Contents

~~Parties~~Promissory ~~are~~Note considered to be related if one party has the ability to control or exercise significant influence over the other party in making financial and operating decisions. A related party transaction is considered to be a transfer of resources or obligations between related parties, regardless of whether or not a price is charged.#14

On November 8, 2016, the Company received funding pursuant to a convertible promissory note in the amount of $20,000. The ~~following~~note ~~entities~~is ~~have~~unsecured, ~~been~~bears ~~identified~~interest asat ~~related~~8% ~~parties:~~per annum, and matures on November 8, 2017. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $395 and $0, respectively, in interest expense.

Ira Morris	- Director and president
George Drazenovic	- Greater than 10% stockholder
Rancho Capital Management Inc.	- Greater than 10% stockholder

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $32,730, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

	September 30,			December 31,
	2016			2015
	$			$
The following transactions were carried out with related parties:
Balance sheets:
Loan to related party		9,418			26,168
From time to time, the president and a stockholder of the Company provides advances/withdrawals to/from the Company for its working capital purposes. The loan is unsecured interest free and has no set terms of repayment.
Accrued liability - Contractors		(81,116	)		-
The Company entered into a 12 month contract agreement with the director more fully described in (note 2 – Prepaid expenses).
Income Statement:
Contractors		(250,330	)		-
The Company entered into a 12 month contract agreement with the director more fully described in (note 2 – Prepaid expenses).

During the three months ended March 31, 2017 and 2016, the Company recorded a loss of $4,820 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $6,698 and $0, respectively, was accreted to the statement of operations.

~~NOTE~~As 9of –March ~~SUBSEQUENT~~31, ~~EVENTS~~2017, principal balance of $20,000, accrued interest of $627, debt discount of $10,398 and a derivative liability of $37,862, was recorded.

InPromissory ~~accordance~~Note ~~with ASC 855-10, Company management reviewed all material events through the date of this report and determined that there are no additional material subsequent events to report.~~#15

~~F-12~~On ~~Table~~November 10, 2016, the Company executed a convertible promissory note in the amount of ~~Contents~~$59,500. The note is unsecured, bears interest at 8% per annum, and matures on November 10, 2017. The Company received a premium amount of $19,878, which will be amortized over the life of the note. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $524 and $0, respectively, in interest expense.

~~Item~~Upon 2.the ~~Management~~holder’s ~~Discussion~~option to convert becoming active, the Company recorded a debt discount and ~~Analysis~~derivative liability of ~~Financial~~$83,877, ~~Condition~~being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and ~~Results~~the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of ~~Operations~~operations in the period.

~~Forward-Looking~~During ~~Statements~~the three months ended March 31, 2017 and 2016, the Company recorded a loss of $28,263 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $51,186 and $0 and note premium of $17,101 and $0, respectively, was accreted to the statement of operations.

~~This~~During ~~report~~the onthree ~~Form~~months ~~10-Q~~ended ~~contains~~March ~~certain forward-looking statements. All statements other than statements of historical fact are “forward-looking statements” for purposes of these provisions~~31, ~~including any projections of earnings~~2017, ~~revenues, or other financial items; any statements of~~ the ~~plans,~~Company ~~strategies,~~issued ~~and~~an ~~objectives~~aggregate of ~~management for future operation; any statements concerning proposed new products~~75, ~~services~~259,726 orcommon ~~developments;~~shares ~~any~~upon ~~statements~~the ~~regarding~~conversion ~~future~~of ~~economic~~principal ~~conditions~~amount ~~or performance; statements~~ of ~~belief;~~$59,500 and ~~any~~interest ~~statement~~ of ~~assumptions underlying any of the foregoing~~$1,189. ~~Such~~The ~~forward-looking~~derivative ~~statements~~liability ~~are~~amounting ~~subject~~ to ~~inherent risks and uncertainties~~$115,218 ~~and~~was ~~actual~~re-classified ~~results~~to ~~could~~additional ~~differ~~paid ~~materially~~in ~~from those anticipated by the forward-looking statements~~capital.

~~These~~Promissory ~~forward-looking~~Note statements involve significant risks and uncertainties, including, but not limited to, the following: competition, promotional costs and the risk of declining revenues. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These forward-looking statements are made as of the date of this filing, and we assume no obligation to update such forward-looking statements. The following discusses our financial condition and results of operations based upon our unaudited financial statements which have been prepared in conformity with accounting principles generally accepted in the United States. It should be read in conjunction with our financial statements and the notes thereto included elsewhere herein.#16

~~Although~~On weJanuary ~~believe~~3, ~~that~~2017, the ~~expectations~~Company ~~reflected~~entered into to a convertible promissory note in the ~~forward-looking~~amount ~~statements~~of ~~are~~$50,000 ~~reasonable~~for contractual consulting services. The note is unsecured, webears ~~cannot~~interest ~~guarantee~~at ~~future~~12% ~~results~~per annum, ~~levels~~and ofmatures ~~activity~~on January 3, ~~performance~~2018. orThis ~~achievements~~note is convertible into the Company’s common stock equal to the lesser of $0.002 ~~Except~~per asshare ~~required~~or bythe ~~applicable~~variable ~~law,~~conversion ~~including~~price of 50% of the ~~securities~~average ~~laws~~of the five lowest closing bid price of the ~~United~~Company’s ~~States,~~common westock dofor ~~not~~the ~~intend~~five trading days prior trading days to ~~update~~a ~~any~~Notice of Conversion being received by the ~~forward-looking~~Company. ~~statements~~During tothe ~~conform~~three ~~these~~months ~~statements~~ended toMarch ~~actual~~31, ~~results~~2017 and 2016, the Company accrued $1,430 and $0, respectively, in interest expense.

~~Our~~Upon ~~financial~~the ~~statements~~holder’s ~~are~~option ~~stated~~to inconvert ~~United~~becoming ~~States~~active, ~~Dollars~~the ~~(US~~Company recorded a debt discount and derivative liability of $)85,695, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and ~~are~~the ~~prepared~~derivative liability is revalued at each reporting date to fair value. Any change in ~~accordance~~fair ~~with~~value ~~United~~is ~~States~~credited ~~Generally~~or ~~Accepted~~charged ~~Accounting~~to ~~Principles~~the statement of operations in the period.

InDuring ~~this~~the ~~quarterly~~three ~~report,~~months ~~unless~~ended ~~otherwise~~March ~~specified~~31, ~~all~~2017 ~~dollar~~and ~~amounts~~2016, ~~are~~the ~~expressed~~Company inrecorded ~~United~~a ~~States~~gain ~~Dollars~~of ~~(US~~$)3,158 and ~~all~~$0, ~~references~~respectively, due to ~~“common~~the ~~shares”~~change ~~refer~~in tovalue of the ~~common~~derivative ~~shares~~liability induring ~~our~~the ~~capital~~period. ~~stock~~During the three months ended March 31, 2017 and 2016, the debt discount of $11,918 and $0, respectively, was accreted to the statement of operations.

As ~~used~~of inMarch ~~this~~31, ~~quarterly report~~2017, ~~the~~principal ~~terms~~balance ~~“we”,~~of ~~“us”~~$50,000, ~~“our”~~accrued ~~and~~interest ~~“our~~of ~~company”~~$1,430, ~~mean~~debt ~~Black~~discount ~~Stallion~~of ~~Oil~~$38,082 and ~~Gas,~~a ~~Inc.,~~derivative ~~unless~~liability ~~otherwise~~of ~~indicated~~$82,537, was recorded.

~~General~~15 ~~Overview~~Table of Contents

WePromissory ~~were~~Note ~~incorporated in the state of Delaware on September 14, 2011.~~ #17

~~Our~~On ~~principal~~January ~~business~~6, ~~address~~2017, isthe ~~633~~Company W.entered ~~5th~~into ~~Street~~to a convertible promissory note in the amount of $100,000. ~~26th~~The ~~Floor~~note is unsecured, ~~Los~~bears ~~Angeles~~interest at 8% per annum, CAand matures on January 6, ~~90071~~2018. WeThis ~~have~~note ~~established~~is convertible into the Company’s common stock at a ~~fiscal~~variable ~~year~~conversion ~~end~~price equal to 50% of ~~December~~the lowest closing bid price of the Company’s common stock for the fifteen prior trading days including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $1,534 and $0, respectively, in interest expense.

~~Our~~Upon ~~company~~the holder’s ~~focus~~option is to ~~engage~~convert inbecoming ~~oil~~active, the Company recorded a debt discount and ~~gas~~derivative ~~exploration~~liability of $169,331, ~~acquire~~being ~~and~~the ~~develop~~fair ~~oil~~value ~~and~~of ~~gas~~the ~~properties~~conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and ~~sell~~the ~~oil~~derivative ~~and~~liability ~~gas~~is ~~produced~~revalued byat ~~these~~each ~~efforts~~reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

WeDuring ~~plan~~the tothree ~~locate~~months ended March 31, 2017 and ~~lease~~2016, ~~existing~~the ~~wells~~Company ~~for~~recorded ~~reactivation~~a ~~for~~loss of $19,980 and $0, respectively, due to the ~~production~~change in value of ~~oil~~the ~~and~~derivative ~~gas~~liability ~~that~~during wethe ~~will~~period. ~~then~~During ~~sell,~~the ~~through~~three anmonths ~~operator,~~ended toMarch ~~oil~~31, 2017 and ~~gas~~2016, ~~brokers~~the ~~and~~debt ~~gatherers.~~discount ~~The~~of ~~gas~~$23,014 ~~sometimes~~and ~~may~~$0, berespectively, ~~sold~~was ~~directly~~accreted to ~~public~~the ~~utility~~statement ~~companies~~of operations.

~~Our~~As ~~focus~~of ~~for~~March ~~the~~31, ~~current~~2017, ~~fiscal~~principal ~~year~~balance ~~will~~of be$100,000, toaccrued ~~pursue~~interest ~~acquisition~~ of ~~leases~~$1,534, ~~and/or~~debt ~~existing~~discount ~~oil~~of $76,986 and ~~gas~~a ~~wells~~derivative ~~which~~liability ~~have~~of ~~potential for production~~$189,311, ifwas ~~revenues warrant~~recorded.

4Promissory ~~Table~~Note ~~of Contents~~#18

~~Currently~~On January 7, we2017, ~~are~~the ~~examining~~Company ~~oil~~entered ~~and~~into ~~gas~~to ~~exploration~~a ~~opportunities~~convertible promissory note in the ~~Rocky~~amount ~~Mountain~~of ~~states~~$100,000 ~~specifically~~for incontractual ~~Montana~~consulting services. The note is unsecured, ~~Wyoming~~bears interest at 12% per annum, and ~~Colorado~~matures on January 7, 2018. This note is convertible into the Company’s common stock equal to the lesser of $0.002 per share or the variable conversion price of 50% of the average of the five lowest closing bid price of the Company’s common stock for the five trading days prior trading days to a Notice of Conversion being received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $2,729 and $0, respectively, in interest expense.

InUpon ~~October~~the ~~2015~~holder’s option to convert becoming active, ~~our~~the ~~company~~Company ~~consolidated~~recorded a ~~100%~~debt ~~working~~discount ~~interest~~and inderivative 12liability of $190,~~233.93~~173, ~~acres~~being inthe ~~oil~~fair ~~and~~value ~~gas~~of ~~leases~~the inconversion ~~Teton~~feature ~~County,~~which ~~Montana.~~was Wedetermined ~~also~~using ~~engaged~~the anBlack-Scholes ~~independent~~valuation ~~geological~~model. ~~firm~~The debt discount is accreted to ~~identify~~the statement of operations using the ~~most~~effective ~~prospective~~interest ~~zones~~rate method over the term of the note or to the date of conversion, and ~~recommendations~~the ~~for~~derivative ~~additional~~liability ~~detailed~~is ~~analysis~~revalued ~~for~~at ~~these~~each ~~leases~~reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

~~Our~~During ~~Current~~the ~~Business~~three months ended March 31, 2017 and 2016, the Company recorded a gain of $25,098 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $22,740 and $0, respectively, was accreted to the statement of operations.

~~Effective~~As ~~February~~of ~~23,~~March ~~2014~~31, ~~we entered into a lease assignment agreement with West Bakken Energy Holdings~~2017, ~~Ltd.~~principal ~~Pursuant~~balance ~~to the terms~~ of ~~the lease assignment agreement~~$100,000, weaccrued ~~have acquired an undivided 100%~~ interest inof ~~West~~$2,729, ~~Bakken's~~debt ~~interest~~discount (aof ~~net~~$77,260 ~~50% working interest) in certain oil~~ and ~~gas~~a ~~properties~~derivative ~~comprising~~liability of 12$165,~~233.93 acres in Montana~~075, ~~owned~~was ~~by Hillcrest Resources Ltd~~recorded.

AsPromissory ~~consideration,~~Note we have agreed to issue 1,100,000 shares of our common stock to West Bakken and to issue one share of common stock at a cost basis of $0.50 per share for the $550,000 paid by West Bakken to Hillcrest. The shares were issued October 27, 2015.#19

~~Effective~~On ~~September~~January 1820, ~~2015~~2017, ~~our~~the ~~company~~Company ~~entered~~received ~~into~~funding pursuant to a ~~Master~~convertible ~~Services~~promissory ~~Consulting~~note ~~Agreement~~in ~~with~~the ~~Sproule~~amount ~~International~~of ~~Limited~~$35,000. aThe ~~petroleum~~note ~~consulting~~is ~~firm~~unsecured, bears interest at 8% per annum, and matures on January 20, 2018. InThis ~~accordance~~note ~~with~~is convertible into the ~~terms~~Company’s common stock at a variable conversion price equal to 55% of the ~~agreement,~~lowest ~~Sproule~~closing ~~will~~bid ~~conduct~~price of the Company’s common stock for the twenty prior trading days upon which a ~~work~~Notice ~~program~~of onConversion ~~our~~is ~~Woodrow~~received ~~prospect~~by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $537 and $0, respectively, in interest expense.

OnUpon ~~February~~the 9,holder’s ~~2016~~option to convert becoming active, wethe ~~entered~~Company ~~into~~recorded a ~~contractor~~debt ~~agreement~~discount ~~with~~and ~~Rancho~~derivative ~~Capital~~liability ~~Management~~of ~~Inc.~~$52,490, ~~Pursuant~~being tothe fair value of the ~~agreement,~~conversion ~~Rancho~~feature ~~shall~~which ~~serve~~was asdetermined ~~our~~using ~~technical~~the ~~consultant~~Black-Scholes invaluation model. The debt discount is accreted to the ~~field~~statement of ~~petroleum~~operations ~~based~~using ~~activities~~the ~~for~~effective ainterest rate method over the term of ~~five~~the ~~years~~note inor ~~San~~to ~~Diego~~the date of conversion, ~~California~~and the derivative liability is revalued at each reporting date to fair value. InAny ~~exchange,~~change wein ~~are~~fair value is credited or charged to ~~compensate~~the ~~Rancho~~statement ~~with~~of ~~$180,000~~operations ~~per~~in ~~year~~the period.

OnDuring ~~April~~the 8three months ended March 31, 2017 and 2016, wethe ~~entered~~Company ~~into~~recorded a ~~contractor~~loss ~~agreement~~of ~~with~~$12,634 ~~Rancho.~~and ~~Pursuant~~$0, respectively, due to the ~~agreement,~~change ~~Rancho~~in ~~provides~~value ~~our~~of ~~company~~the ~~with~~derivative ~~financial~~liability ~~filings,~~during ~~strategy~~the ~~and~~period. ~~advice~~During ~~regarding~~the ~~debt~~three ~~and~~months ~~equity~~ended ~~financings~~March 31, ~~PIPEs~~2017 and ~~technical~~2016, ~~knowledge~~the ondebt ~~financings.~~discount Inof ~~exchange~~$6,712 weand ~~are to compensate Rancho with~~ $~~120~~0,~~000~~ ~~per~~respectively, ~~year~~was ~~and~~accreted to the ~~term~~statement of ~~the agreement is five years~~operations.

~~Recent~~As ~~Financing~~of ~~Activities~~March 31, 2017, principal balance of $35,000, accrued interest of $537, debt discount of $28,288 and a derivative liability of $65,124, was recorded.

On16 ~~February~~Table ~~5, 2016, the Company executed a convertible note payable in the amount~~ of $100,000 payable on February 5, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion. During September 2016 $40,000 converted into shares.Contents

OnPromissory ~~March~~Note 7, 2016, the Company executed a convertible note payable in the amount of $75,000 payable on March 7, 2017 bearing interest at 8% per annum. This note is convertible into the Company’s common stock at a variable conversion price equal to 55% of the lowest closing bid price of the Company’s common stock during the 15 consecutive trading days prior to the date of conversion. During September 2016 $47,500 converted into shares.#20

On ~~May~~February 416, ~~2016~~2017, the Company ~~executed~~received funding pursuant to a convertible promissory note ~~payable~~ in the amount of $7560,000. ~~payable~~The onnote ~~February~~is 4unsecured, ~~2017~~bears ~~bearing~~ interest at 128% per annum, and matures on February 16, 2018. This note is convertible into the Company’s common stock at a variable conversion price equal to 4550% of the lowest closing bid price of the Company’s common stock ~~during~~for the 10fifteen ~~consecutive~~prior trading days, ~~prior~~including to the ~~date~~day upon which a Notice of ~~conversion~~Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $565 and $0, respectively, in interest expense.

OnUpon ~~July~~the ~~12,~~holder’s ~~2016~~option to convert becoming active, the Company ~~executed~~recorded a ~~convertible~~debt ~~note~~discount ~~payable~~and inderivative ~~the~~liability ~~amount~~ of $4683,~~000~~848, ~~payable~~being onthe ~~July~~fair ~~12,~~value ~~2017~~of ~~bearing~~the ~~interest~~conversion atfeature 8%which ~~per~~was ~~annum~~determined using the Black-Scholes valuation model. ~~This~~The ~~note~~debt discount is ~~convertible~~accreted ~~into~~to the ~~Company’s~~statement ~~common~~of ~~stock~~operations atusing athe ~~variable~~effective ~~conversion~~interest ~~price~~rate ~~equal~~method toover ~~55%~~the term of the ~~lowest~~note ~~closing~~or ~~bid~~to ~~price~~the date of conversion, and the ~~Company’s~~derivative ~~common~~liability ~~stock~~is ~~during~~revalued ~~the~~at 15each ~~consecutive~~reporting ~~trading~~date ~~days~~to ~~prior~~fair value. Any change in fair value is credited or charged to the ~~date~~statement of ~~conversion~~operations in the period.

5During ~~Table~~the three months ended March 31, 2017 and 2016, the Company recorded a loss of ~~Contents~~$29,739 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $7,068 and $0, respectively, was accreted to the statement of operations.

OnAs ~~April~~of ~~15,~~March ~~2016~~31, ~~we entered into a debt settlement agreement with Rancho. Pursuant to this agreement~~2017, weprincipal ~~issued~~balance ~~a convertible note in the aggregate amount~~ of $5060,000, toaccrued ~~Rancho~~interest toof ~~settle~~ $50565,~~000~~ ~~owed~~debt todiscount ~~Rancho~~of ~~from~~$52,932 ~~the~~and ~~April Contractor Agreement. The note issued to Rancho is convertible into our common shares at~~ a ~~45%~~derivative ~~discount~~liability toof ~~the~~$113,587, ~~lowest~~was ~~closing bid price during the previous fifteen trading day period from any conversion notice from Rancho~~recorded.

OnPromissory ~~August~~Note 1, 2016, we entered into a debt settlement agreement with Rancho. Pursuant to this agreement, we issued an aggregate of 50,000,000 common shares of our company at a deemed price of $0.001 to Rancho to settle $50,000 owed to Rancho from the April Contractor Agreement. As a result of this issuance, the balance owed to Rancho under the April Contractor Agreement is $20,000. As a result, Rancho holds approximately 52.3% of all our issued and outstanding common shares and qualifies as a change of control of our company. James Powell is the president, sole director and sole shareholder of Rancho. As president, sole director and sole shareholder of Rancho, Mr. Powell is an affiliate and holds a controlling interest in our company through the possession of a $50,000.00 convertible note issued by our company to Rancho and an aggregate of 50,000,000 common shares of our company. Rancho has two existing contracts for services with our company which are described above under the heading “Our Current Business”.#21

On ~~August~~February 1216, ~~2016~~2017, the Company ~~executed~~entered into to a convertible promissory note ~~payable~~ in the amount of $4470,~~250~~000. ~~payable~~The onnote ~~August~~is 12unsecured, ~~2017~~bears ~~bearing~~ interest at 8% per annum, and matures on February 16, 2018. This note is convertible into the Company’s common stock at a variable conversion price equal to 5550% of the lowest closing bid price of the Company’s common stock ~~during~~for the 15fifteen ~~consecutive~~prior trading days ~~prior~~including to the ~~date~~day upon which a Notice of ~~conversion~~Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $660 and $0, respectively, in interest expense.

OnUpon ~~August~~the ~~12,~~holder’s ~~2016~~option to convert becoming active, the Company ~~executed~~recorded a ~~convertible~~debt ~~note~~discount ~~payable~~and inderivative ~~the~~liability ~~amount~~ of $4497,~~250~~823, ~~payable~~being onthe ~~August~~fair ~~12,~~value ~~2017~~of ~~bearing~~the ~~interest~~conversion atfeature 8%which ~~per~~was ~~annum~~determined using the Black-Scholes valuation model. ~~This~~The ~~note~~debt discount is ~~convertible~~accreted ~~into~~to the ~~Company’s~~statement ~~common~~of ~~stock~~operations atusing athe ~~variable~~effective ~~conversion~~interest ~~price~~rate ~~equal~~method toover ~~55%~~the term of the ~~lowest~~note ~~closing~~or ~~bid~~to ~~price~~the date of conversion, and the ~~Company’s~~derivative ~~common~~liability ~~stock~~is ~~during~~revalued ~~the~~at 15each ~~consecutive~~reporting ~~trading~~date ~~days~~to ~~prior~~fair value. Any change in fair value is credited or charged to the ~~date~~statement of ~~conversion~~operations in the period.

OnDuring ~~September~~the 22three months ended March 31, 2017 and 2016, the Company ~~executed~~recorded a ~~convertible~~loss ~~note payable in the amount~~ of $5034,~~000~~696 ~~payable~~and on$0, ~~September 22~~respectively, ~~2017~~due ~~bearing~~to ~~interest~~the atchange 8%in ~~per~~value ~~annum.~~of ~~This~~the ~~note~~derivative isliability ~~convertible~~during ~~into~~ the ~~Company’s~~period. ~~common~~During ~~stock~~the atthree amonths ~~variable~~ended ~~conversion~~March ~~price~~31, ~~equal~~2017 toand ~~45%~~2016, of the ~~lowest~~debt ~~closing~~discount ~~bid price~~ of ~~the~~$8,247 ~~Company’s~~and ~~common~~$0, ~~stock~~respectively, ~~during~~was ~~the~~accreted ~~10 consecutive trading days prior~~ to the ~~date~~statement of ~~conversion~~operations.

~~Results~~As of ~~Operations~~March 31, 2017, principal balance of $70,000, accrued interest of $660, debt discount of $61,753 and a derivative liability of $132,519, was recorded.

~~The~~Promissory ~~following~~Note ~~summary of our results of operations should be read in conjunction with our financial statements for the periods ended September 30, 2016 and September 30, 2015 which are included herein.~~#22

~~Our~~On ~~operating~~February ~~results~~16, 2017, the Company received funding pursuant to a convertible promissory note in the amount of $40,000. The note is unsecured, bears interest at 8% per annum, and matures on February 16, 2018. This note is convertible into the Company’s common stock at a variable conversion price equal to 50% of the lowest closing bid price of the Company’s common stock for the ~~three~~fifteen ~~month~~prior ~~periods~~trading days, including the day upon which a Notice of Conversion is received by the Company. During the three months ended ~~September~~March 3031, 2017 and 2016, the Company accrued $377 and ~~2015~~$0, ~~are~~respectively, ~~summarized~~in asinterest ~~follows:~~expense.

	Three Months EndedSeptember 30,
	2016			2015
Revenue	$	Nil		$	Nil
Amortisation	$	580		$	579
Consulting	$	6,260		$	6,000
Contractors	$	116,567		$	-
Filing fees	$	4,256		$	13,259
Finder’s fee	$	-		$	-
Other costs	$	2,406		$	17,407
Professional fees:
-Accounting	$	-		$	-
-Auditor's fees	$	4,000		$	4,000
-Legal fees	$	38,000		$	11,843
-Investor Relations	$	-		$	12,583
-Set-up	$	-		$	12,900
Rental expense	$	780		$	3,275
Website costs	$	-		$	7,000
Total operating expenses	$	172,849			84,846
Net Income (Loss)	$	(268,985	)	$	(84,846	)

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $55,899, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

6During ~~Table~~the three months ended March 31, 2017 and 2016, the Company recorded a loss of ~~Contents~~$19,826 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $4,712 and $0, respectively, was accreted to the statement of operations.

~~For~~As ~~the~~of ~~three~~March ~~months~~31, ~~ended September 30~~2017, ~~2016~~principal webalance ~~had total operating expenses~~ of $~~172~~40,~~985 compared to $84~~000,~~846~~ ~~for~~accrued ~~the~~interest ~~three~~of ~~month period ended September 30~~$377, ~~2015.~~debt ~~The~~discount ~~184,139~~of ~~increase in operating expenses during the most recent period was primarily due to increased contactor fees~~$35,288 and ~~increased~~a ~~legal~~derivative ~~fees~~liability ~~resulting from the acceleration~~ of ~~our~~$75,725, ~~business~~was ~~and financing activities~~recorded.

~~Our~~17 ~~operating~~Table ~~results~~of ~~for the nine month periods ended September 30, 2016 and 2015 are summarized as follows:~~Contents

		Nine Months EndedSeptember 30,
		2016			2015
Revenue		$	Nil		$	Nil
Amortisation		$	1,738		$	1,738
Consulting		$	7,260		$	16,000
Contractors		$	250,330		$	-
Filing fees		$	10,437		$	15,006
Finder’s fee		$	24,970		$	-
Other costs		$	4,417		$	17,501
Professional fees:
	-Accounting	$	1,500		$	1,000
	-Auditor's fees	$	12,000		$	8,000
	-Legal fees	$	43,988		$	15,666
	-Investor Relations	$	-		$	12,582
	-Set-up	$	2,119		$	12,900
Rental expense		$	6,497		$	12,125
Website costs		$	-		$	7,000
Total operating expenses		$	365,256			119,517
Net Income (Loss)		$	(549,194	)	$	(119,517	)

Promissory Note #23

~~For~~On February 16, 2017, the ~~nine~~Company ~~months~~received ~~ended~~funding ~~September~~pursuant ~~30,~~to ~~2016~~a weconvertible ~~had~~promissory ~~total~~note ~~operating~~in ~~expenses~~the amount of $~~365~~25,~~256~~000. ~~compared~~The tonote ~~$119~~is unsecured,~~256~~ ~~for~~bears ~~the~~interest ~~nine~~at ~~month~~8% ~~period~~per ~~ended~~annum, ~~September~~and 30matures on February 16, ~~2015~~2018. ~~The~~This ~~increase~~note is convertible into the Company’s common stock at a variable conversion price equal to 50% of ~~$245,739~~the inlowest ~~operating~~closing ~~expenses~~bid ~~during~~price of the ~~most~~Company’s ~~recent~~common ~~period~~stock ~~was~~for ~~primarily~~the ~~due~~fifteen toprior ~~our~~trading ~~incurring~~days, ~~$250~~including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31,~~330~~ in2017 ~~contractors~~and ~~fees~~2016, the Company accrued $236 and $240,~~970~~ respectively, in ~~finder’s~~interest ~~fees~~expense.

~~Since~~Upon ~~inception~~the onholder’s ~~September~~option 14to convert becoming active, ~~2011~~the ~~until~~Company ~~September~~recorded ~~30,~~a ~~2016~~debt discount and derivative liability of $34,937, webeing ~~have~~the ~~earned~~fair novalue ~~revenues~~of ~~and~~the ~~incurred~~conversion afeature ~~cumulative~~which ~~net~~was ~~loss~~determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of ~~$957~~operations using the effective interest rate method over the term of the note or to the date of conversion,~~501~~ and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

~~Liquidity~~During the three months ended March 31, 2017 and ~~Capital~~2016, ~~Resources~~the Company recorded a loss of $12,391 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $2,945 and $0, respectively, was accreted to the statement of operations.

~~Working~~As ~~Capital~~of March 31, 2017, principal balance of $25,000, accrued interest of $236, debt discount of $22,055 and a derivative liability of $47,328, was recorded.

	AtSeptember 30, 2016			AtDecember 31, 2015
Current Assets	$	282,561		$	28,842
Current Liabilities	$	304,413		$	12,855
Working Capital (Deficit)	$	(21,852	)	$	15,987
Total Liabilities and Stockholders Equity	$	829,885		$	869,462

Promissory Note #24

7On ~~Table~~February 21, 2017, the Company received funding pursuant to a convertible promissory note in the amount of ~~Contents~~$25,000. The note is unsecured, bears interest at 8% per annum, and matures on February 21, 2018. This note is convertible into the Company’s common stock at a variable conversion price equal to 50% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days, including the day upon which a Notice of Conversion is received by the Company. During the three months ended March 31, 2017 and 2016, the Company accrued $208 and $0, respectively, in interest expense.

~~Cash~~Upon ~~Flows~~the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $34,918, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

	Nine Months EndedSeptember 30,
	2016		2015
Net cash used in operating activities	$	714,390	$	123,523
Net cash provided by (used in) investing activities	$	Nil	$	Nil
Net cash provided by financing activities	$	723,467	$	130,596
Increase (decrease) in cash and cash equivalents	$	9,077	$	7,073

During the three months ended March 31, 2017 and 2016, the Company recorded a loss of $12,410 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $2,603 and $0, respectively, was accreted to the statement of operations.

As ~~September~~of 30March 31, ~~2016~~2017, weprincipal ~~had~~balance ~~total current assets~~ of $~~282~~25,~~561~~000, ~~total~~accrued ~~and~~interest ~~current liabilities~~ of $~~304~~208,~~413,~~ ~~and~~debt ~~stockholders’~~discount ~~equity~~ of $~~829~~22,~~885.~~397 Byand ~~comparison,~~a asderivative ofliability ~~December 31, 2015, we had total current assets~~ of $2847,~~842~~328, ~~total~~was ~~and current liabilities of $12,855 and stockholders’ equity of $869,462~~recorded.

We18 ~~had~~Table ~~a working capital deficit~~ of $21,852 as at September 30, 2016 compared to available working capital of $15,987 as at December 31, 2015. The decrease in our working capital as at September 30, 2016 as compared to the period ended December 31, 2015 was due to the ongoing use of cash and accrual of liabilities in our ordinary course of business, which was only partially offset by net cash raised in our financing activities.Contents

~~Net~~Promissory ~~cash~~Note used in our operating activities during the nine months ended September 30, 2016 was $714,390, as compared to net cash used in operating activities of $123,523 for the nine months ended September 30, 2015.#25

WeOn ~~did~~February ~~not~~21, ~~use~~2017, ~~any~~the ~~net~~Company ~~cash~~received funding pursuant to a convertible promissory note in ~~investing~~the ~~activities~~amount ~~during~~of $25,000. The note is unsecured, bears interest at 8% per annum, and matures on February 21, 2018. This note is convertible into the ~~nine~~Company’s ~~month~~common ~~periods~~stock at a variable conversion price equal to 50% of the lowest closing bid price of the Company’s common stock for the fifteen prior trading days, including the day upon which a Notice of Conversion is received by the Company. During the three months ended ~~September~~March 3031, ~~2016~~2017 and ~~September 30~~2016, ~~2015~~the Company accrued $208 and $0, respectively, in interest expense.

~~Net~~Upon ~~cash provided by financing activities in~~ the ~~nine~~holder’s ~~months~~option ~~ended~~to ~~September~~convert ~~30,~~becoming ~~2016 was $723~~active,~~467,~~ ~~compared~~the toCompany ~~net~~recorded ~~cash~~a ~~provided~~debt bydiscount ~~financing~~and ~~activities~~derivative liability of $~~130~~34,~~596~~918, inbeing the ~~nine~~fair ~~months~~value ~~ended~~of ~~September~~the ~~30,~~conversion ~~2015.~~feature ~~The~~which ~~difference~~was indetermined using the ~~cash~~Black-Scholes ~~provided~~valuation bymodel. ~~financing~~The ~~activities~~debt ~~during~~discount ~~the~~is ~~nine~~accreted ~~months~~to ~~ended~~the ~~September~~statement ~~30,~~of ~~2016~~operations ~~compared~~using to the ~~nine~~effective ~~months~~interest ~~ended~~rate ~~September~~method ~~30,~~over ~~2015~~the ~~was~~term ~~due~~of ~~primarily~~the ~~from~~note ~~our~~or ~~issuance subsequent~~ to ~~September~~the ~~30,~~date ~~2015~~ of 1conversion,~~100,000~~ ~~shares~~and ofthe ~~common~~derivative ~~stock~~liability atis ~~$0.50~~revalued ~~per~~at ~~share~~each ~~for~~reporting ~~acquisition~~date ofto ~~50%~~fair ~~working~~value. ~~interest~~Any inchange ~~West Bakken Energy Holdings, resulting~~ in ~~deemed~~fair ~~paid-in~~value ~~capital~~is ofcredited ~~$549,890,~~or ascharged ~~well~~to asthe ~~our~~statement ~~issuance~~ of ~~convertible~~operations ~~promissory~~in ~~notes~~the ~~for proceeds of $197,100~~period.

~~Going~~During ~~Concern~~the three months ended March 31, 2017 and 2016, the Company recorded a loss of $12,410 and $0, respectively, due to the change in value of the derivative liability during the period. During the three months ended March 31, 2017 and 2016, the debt discount of $2,603 and $0, respectively, was accreted to the statement of operations.

WeAs ~~have~~of ~~not~~March ~~attained~~31, ~~profitable~~2017, ~~operations~~principal ~~and~~balance ~~are~~of ~~dependent~~$25,000, ~~upon~~accrued ~~obtaining~~interest ~~financing~~of ~~to pursue any extensive acquisitions and activities. For these reasons~~$208, ~~our~~debt ~~auditors~~discount ~~stated in their report on our audited financial statements as~~ of ~~December 31~~$22,397 ~~2015~~and ~~that they have substantial doubt that we will be able to continue as~~ a ~~going~~derivative ~~concern~~liability ~~without~~of ~~further~~$47,328, ~~financing~~was recorded.

~~Limited~~Promissory ~~Operating~~Note ~~History; Need for Additional Capital~~#26

~~There~~On isMarch no16, ~~historical~~2017, ~~financial~~the ~~information~~Company ~~about~~received usfunding ~~upon~~pursuant ~~which~~ to ~~base~~a anconvertible ~~evaluation~~promissory ofnote ~~our~~in ~~performance~~the amount of $50,000. WeThe ~~are~~note anis ~~exploration~~unsecured, ~~stage~~bears ~~corporation~~interest ~~and~~at ~~have~~8% ~~not~~per ~~generated~~annum, ~~revenues~~and ~~from~~matures ~~operations~~on March 16, 2018. WeThis ~~cannot~~note ~~guarantee~~is weconvertible ~~will~~into bethe ~~successful~~Company’s incommon ~~our~~stock ~~business~~at ~~operations.~~a ~~Our~~variable ~~business~~conversion isprice ~~subject~~equal to ~~risks~~55% ~~inherent~~of inthe average of the ~~establishment~~three lowest closing bid price of athe ~~new~~Company’s ~~business~~common ~~enterprise,~~stock for the twenty prior trading days including ~~limited~~the ~~capital~~day ~~resources~~upon which a Notice of Conversion is received by the Company. ToDuring ~~become~~the ~~profitable~~three ~~and~~months ~~competitive,~~ended weMarch ~~will~~31, ~~need~~2017 toand ~~realize~~2016, ~~revenue~~the ~~from~~Company ~~our~~accrued ~~oil~~$164 and ~~gas~~$0, ~~sales~~respectively, in interest expense.

~~Plan~~Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of ~~Operation~~$77,717, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

WeDuring ~~are~~the anthree ~~exploration~~months ~~stage~~ended ~~company~~March ~~with~~31, no2017 ~~revenues~~ and a2016, ~~short~~the ~~operating~~Company ~~history.~~recorded ~~Our~~a ~~independent~~loss ~~auditor~~of ~~has~~$9,783 ~~issued~~and an$0, ~~audit~~respectively, ~~opinion~~due ~~which~~to ~~includes~~the achange ~~statement~~in ~~expressing~~value ~~substantial~~of ~~doubt~~the asderivative toliability ~~our~~during ~~ability~~the toperiod. ~~continue~~During asthe athree ~~going~~months ~~concern.~~ended ~~This~~March ~~means~~31, ~~that~~2017 ~~there~~and is2016, ~~substantial~~the ~~doubt~~debt ~~that~~discount weof ~~can~~$2,055 ~~continue~~and as$0, anrespectively, ~~on-going~~was ~~business~~accreted ~~for~~to the ~~next~~statement ~~twelve~~of ~~months unless we generate sufficient revenues~~operations.

8As ~~Table~~of March 31, 2017, principal balance of ~~Contents~~$50,000, accrued interest of $164, debt discount of $47,945 and a derivative liability of $87,500, was recorded.

~~There~~19 isTable ~~no assurance we will ever reach that point. In the meantime the continuation~~ of our company is dependent upon the continued financial support from our shareholders, our ability to obtain necessary equity financing to continue operations and the attainment of profitable operations.Contents

~~Our current cash balance as at September 30, 2016 is $9,293~~6. WeDERIVATIVE ~~will therefore require further capital to cover the expenses we will incur during the next twelve months.~~LIABILITIES

WeThe Company issued financial instruments in the form of convertible notes with embedded conversion features and uses the Black-Scholes model for valuation of the derivative instrument. Some of the convertible notes payable have ~~sold~~conversion rates, which are indexed to the market value of the Company’s stock price. During the three ended March 31, 2017 and 2016, the Company recorded derivative liabilities for embedded conversion features related to convertible notes payable of face value $1990,~~671~~820 and $0,~~382~~ inrespectively. ~~equity~~During ~~securities~~the three months ended March 31, 2017 and 2016, $78,363 and $0, respectively, of convertible notes payable principal and accrued interest was converted into common stock of the Company. For the three months ended March 31, 2017 and 2016, the Company performed a final mark-to-market ~~pay~~adjustment for ~~our~~the ~~start~~derivative liability related to the convertible notes of and the carrying amount of the derivative liability related to the conversion feature of $331,546 and $0, respectively, was re-upclassed ~~operations~~to ~~since~~additional ~~inception~~paid in capital on the date of conversion in the statement of shareholders’ equity. During the three months ended March 31, 2017 and 2016, the Company recognized a loss of $209,518 and $0, respectively, based on the change in fair value (mark-to market adjustment) of the derivative liability associated with the embedded conversion features in the accompanying statement of operations.

~~Our~~These ~~plan~~derivative ofliabilities ~~operation~~have ~~for~~been ~~the~~measured ~~next~~in ~~twelve~~accordance ~~months~~with isfair tovalue ~~pursue~~measurements, ~~acquisition~~as ofdefined ~~leases~~by ~~and/or~~ASC ~~existing~~820. ~~oil~~The ~~and~~valuation ~~gas~~assumptions ~~wells~~are ~~which~~classified ~~have~~within ~~potential~~Level ~~for~~3 ~~production, if revenues warrant~~inputs.

~~Total~~The ~~expenditures~~fair ~~over~~value of these derivatives was valued on the ~~next~~date 12of ~~months~~the ~~are~~issuances ~~therefore~~of the convertible notes using the Black-Scholes option pricing model with the following weighted average assumptions: (1) risk free interest rate 0.79% - 0.98%, (2) term of 0.50 – 1 year, (3) expected tostock bevolatility ~~approximately~~of ~~$120~~204% - 253%,~~000~~ (4) expected dividend rate of 0%, and (5) common stock price of $0.0014 - $0.0026.

~~Estimated~~The ~~Net~~fair ~~Expenditures~~value ~~During~~of these derivatives was valued on March 31, 2017 using the ~~Next~~Black-Scholes ~~Twelve~~option ~~Months~~pricing model with the following weighted average assumptions: (1) risk free interest rate 1.01%, (2) term of 0.5 -1 year, (3) expected stock volatility of 302%, (4) expected dividend rate of 0%, and (4) common stock price of $0.0015.

	$
Consulting fees		60,000
Filing fees		2,000
Professional fees		50,000
Other costs		8,000
Total		120,000

The following table represents the Company’s derivative liability activity for the embedded conversion features discussed above for the periods ending March 31, 2017 and March 31, 2016:

We have suffered recurring losses from operations. The continuation of our company is dependent upon our company attaining and maintaining profitable operations and raising additional capital as needed.

	March 31,			March 31,
	2017			2016
Balance, beginning of year	$	405,929		$	-
Initial recognition of derivative liability		990,820			-
Conversion of derivative instruments to Common Stock		(331,546	)		-
Mark-to-Market adjustment to fair value		209,518			-
Balance at end of period	$	1,274,721		$	-

~~The~~These ~~continuation~~instruments ofwere ~~our~~not ~~business~~issued iswith ~~dependent~~the ~~upon~~intent ~~obtaining~~of ~~further~~effectively ~~financing,~~hedging aany ~~successful~~future ~~program~~cash flow, fair value of ~~development,~~any ~~and~~asset, ~~finally,~~liability ~~achieving~~or aany ~~profitable~~net ~~level~~investment ofin ~~operations~~a foreign operation. The ~~issuance~~instruments ofdo ~~additional~~not ~~equity~~qualify ~~securities~~for byhedge usaccounting, ~~could~~and ~~result~~as insuch, aall ~~significant~~future ~~dilution~~changes in the ~~equity~~fair ~~interests~~value ofwill ~~our~~be ~~current~~recognized ~~stockholders.~~in ~~Obtaining~~earnings ~~commercial~~until ~~loans,~~such ~~assuming~~time ~~those~~as ~~loans~~the ~~would~~instruments beare ~~available~~exercised, ~~will~~converted ~~increase~~or ~~our liabilities and future cash commitments~~expire.

~~There are no assurances that we will be able to obtain further funds required for our continued operations~~7. WeRELATED ~~are~~PARTY pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become due. In such event, we will be forced to scale down or perhaps even cease our operations.TRANSACTIONS

WeParties are ~~not~~considered ~~aware~~to ofbe ~~any~~related ~~known~~if ~~trends,~~one ~~demands,~~party ~~commitments,~~has ~~events~~the ability to control or ~~uncertainties~~exercise ~~that~~significant ~~will~~influence ~~result~~over the other party in ormaking ~~that~~financial ~~are~~and ~~reasonably~~operating ~~likely~~decisions. A related party transaction is considered to ~~result~~be ina ~~our~~transfer ~~liquidity~~of ~~increasing~~resources or ~~decreasing~~obligations inbetween ~~any~~related ~~material~~parties, ~~way~~regardless of whether or not a price is charged.

~~Future~~The ~~Financings~~following entities have been identified as related parties:

We anticipate continuing to rely on equity sales of our common stock in order to continue to fund our business operations. Issuances of additional shares will result in dilution to our existing stockholders. There is no assurance that we will achieve any additional sales of our equity securities or arrange for debt or other financing to fund our planned business activities.

Ira Morris	- President, secretary, treasurer and director
George Drazenovic	- Greater than 10% stockholder
Rancho Capital Management Inc.	- Greater than 10% stockholder

920 Table of Contents

WeThe ~~presently~~following dobalances ~~not~~exist have any arrangements for additional financing for the expansion of our exploration operations, and no potential lines of credit or sources of financing are currently available for the purpose of proceeding with ~~our~~related ~~plan of operations.~~parties:

Critical Accounting Policies

	March 31,		December 31,
	2017		2016
Loan to related party	$	167,471	$	41,654

~~The~~During ~~principal~~the ~~accounting~~three ~~policies~~months ~~are~~ended ~~set~~March ~~out~~31, ~~below~~2017, ~~these~~the ~~policies~~Company ~~have~~advanced ~~been~~Rancho ~~consistently~~Capital ~~applied~~Management toInc. ~~the period presented~~$125, ~~unless otherwise stated:~~817.

~~Use~~Accrued ofexpenses ~~Estimates~~107,600 63,900

~~The~~On ~~preparation~~February of12, 2016, the ~~accompanying~~Company ~~financial~~entered ~~statements~~into ina ~~conformity~~Contractor Agreement with ~~accounting principles generally accepted in~~ the ~~United~~President ~~States~~ of ~~America~~the ~~requires~~Company for management toservices ~~make~~for ~~estimates~~the ~~and~~period ~~assumptions~~of ~~about~~one ~~future events~~year. ~~These~~Pursuant ~~estimates~~to ~~and~~ the ~~underlying~~agreement ~~assumptions affect~~ the ~~amounts~~President ofwould ~~assets~~receive ~~and~~a ~~liabilities~~signing ~~reported,~~bonus ~~disclosures about contingent assets and liabilities, and reported amounts~~ of ~~revenues and expenses. Such estimates include the valuation of unproved oil and gas properties~~$50,000 ~~deferred tax assets, asset retirement obligations~~ and legal contingencies. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors$5,000 ~~including~~per ~~the~~month ~~current~~beginning ~~economic~~February ~~environment~~2016, ~~which management believes~~ to be ~~reasonable~~paid ~~under~~in ~~the~~cash ~~circumstances. The Company adjusts such estimates~~ and ~~assumptions when facts and circumstances dictate. Illiquid credit markets~~stock, ~~volatile~~for ~~equity,~~services ~~foreign~~rendered ~~currency,~~plus ~~and~~reimbursement ~~energy~~of ~~markets have combined to increase~~ the ~~uncertainty~~Company's ~~inherent in such estimates and assumptions~~expenses. As ~~future~~of ~~events~~March ~~and~~31, ~~their effects cannot be determined with precision~~2017, ~~actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in~~ the ~~economic~~Company ~~environment~~accrued ~~will~~fees betotaling ~~reflected~~$90,800, inof ~~the~~which ~~financial~~$40,000 ~~statements~~has inbeen ~~future periods~~paid.

~~Going~~On ~~concern~~February 1, 2017, the Company entered into a Contractor Agreement with the President of the Company for management services for the period of one year. Pursuant to the agreement the President would receive a signing bonus of $50,000 and $5,000 per month beginning February 2017, to be paid in cash and stock, for services rendered plus reimbursement of the Company's expenses. As of March 31, 2017, the Company accrued fees totaling $56,800, of which $0 has been paid. As of the date of this report, the Company has not issued any stock pursuant to the agreement.

~~The~~Prepaid ~~accompanying~~expenses ~~financial statements have been prepared assuming that the Company will continue as a going concern~~39,937 ~~which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As at September 30~~118, 2016 the Company has insufficient working capital, has accumulated losses from operations of $957,501 and has earned no revenues since inception. The Company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending December 31, 2016.788

ToDuring ~~carry~~the ~~out~~year ~~further~~ended ~~planned~~December ~~operations~~31, 2016, the Company ~~must~~entered ~~raise~~3 ~~additional~~contacts ~~funds~~with ~~through~~Rancho ~~additional~~Capital ~~equity~~for ~~and/or~~consulting ~~debt~~services ~~issuances.~~for ~~There~~total ~~can~~payment beof no$420,000. ~~assurance~~As ~~that~~of ~~this~~March ~~capital~~31, ~~will~~2017, ~~be available~~$382,521 ~~and~~has ifbeen itamortized isto ~~not,~~ the ~~Company~~statement ~~may~~of beoperations ~~forced~~ to ~~curtail~~consulting ~~or cease exploration and development activities~~fees. ~~The financial statements do not include any adjustments that might result from the outcome of this uncertainty.~~

~~Oil~~The ~~and~~following ~~natural~~transactions ~~gas~~were ~~properties~~carried out with related parties:

The Company follows the full-cost method of accounting for oil and gas properties. Accordingly, all costs associated with acquisition, exploration and development of oil and gas reserves, including directly related overhead costs, are capitalized.

	March 31,		March 31,
	2017		2016
Contractors	$	139,050	$	54,265

~~All~~During ~~capitalized~~the ~~costs~~three ofmonths ~~oil~~ended ~~and~~March ~~gas~~31, ~~properties~~2017, ~~including~~ the ~~estimated~~Company ~~future~~recorded ~~costs to develop proved reserves~~$78,850 ~~are amortized on the unit-of-production method using estimates of proved reserves. Investments~~ in ~~unproved~~consulting ~~properties~~fees ~~and~~to ~~major~~Rancho ~~development~~Capital ~~projects~~pursuant ~~are~~to ~~not amortized until proved reserves associated with~~ the ~~projects~~3 ~~can~~contracts beexecuted ~~determined or until impairment occurs. If the results of an assessment indicate that the properties are impaired, the amount of the impairment is included~~ in ~~loss from continuing operations before income taxes and the adjusted carrying amount of the unproved properties is amortized on the unit-of-production method~~2016.

~~The~~During ~~Company’s oil and gas property represents an investment in unproved properties. These costs are excluded from~~ the ~~amortized~~three ~~cost~~months ~~pool~~ended ~~until~~March ~~proved~~31, ~~reserves~~2017, ~~are found or until it is determined that~~ the ~~costs~~company ~~are~~accrued ~~impaired.~~fees ~~All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount~~ of ~~any~~$3,400 ~~impairment~~pursuant ~~is charged~~ to ~~expense~~the ~~since~~contract aexecuted ~~reserve~~in ~~base~~2016 ~~has~~and ~~not~~$56,800 ~~yet~~in ~~been~~fees ~~established.~~pursuant ~~Impairment requiring a charge~~ to ~~expense~~the ~~may~~contact bein ~~indicated through evaluation of drilling results~~2017, ~~relinquishing~~to ~~drilling~~Mr. ~~rights~~Ira orMorris ~~other~~for ~~information~~management services.

~~Currently, the Company has no economically recoverable reserves and no amortization base~~8. ~~The~~PREPAID ~~Company’s unproved oil and gas properties consist of capitalized exploration costs of $850,000 as of September 30, 2016.~~EXPENSES

10Prepaid ~~Table~~contracting expenses represent amounts paid in advance for future contractual benefits to be received. Contracting expenses paid in advance are recorded as a prepaid asset and then amortized to the statements of ~~Contents~~operations over the life of the contract using the straight-line method.

~~Limitation~~On onFebruary ~~Capitalized~~9, ~~Costs~~2016, the Company entered into a 5-year contracting arrangement with a related party for contracting services related to expertise in the petroleum industry. As compensation for contractor services the Company will pay the contractor fees of $180,000 annually in advance.

~~Under~~On ~~the~~April ~~full-cost method of accounting~~8, ~~we are required~~2016, at the ~~end~~Company ofentered ~~each~~into ~~fiscal quarter, to perform~~ a ~~test~~5-year tocontracting ~~determine~~arrangement ~~the~~with ~~limit~~a onrelated ~~the~~party ~~book~~for ~~value~~contracting ofservices ~~our oil and natural gas properties (the "Ceiling Test"). If the capitalized costs of our oil and natural gas properties, net of accumulated amortization and~~ related ~~deferred income taxes, exceed the "Ceiling", this excess or impairment is charged~~ to ~~expense~~expertise and ~~reflected~~experience ~~as additional accumulated depreciation, depletion and amortization or as a credit to oil and natural gas properties. The expense may not be reversed~~ in ~~future~~raising ~~periods, even though higher oil and natural gas prices may subsequently increase the Ceiling~~finance. ~~The~~As ~~Ceiling~~compensation is defined as the sum of: (a) the present value, discounted at 10 percent, and assuming continuation of existing economic conditions, of 1) estimated future gross revenues from proved reserves, which is computed using oil and natural gas prices determined as the unweighted arithmetic average of the first-day-of-the-month price for ~~each~~contractor ~~month~~services ~~within~~ the ~~12-month~~Company ~~period~~will ~~prior~~pay to the ~~end~~contractor offees ~~the reporting period (with consideration~~ of ~~price changes only to the extent provided by contractual arrangements including hedging arrangements pursuant to SAB 103)~~$120,000 ~~less~~annually ~~2) estimated future expenditures (based on current costs) to be incurred~~ in ~~developing and producing the proved reserves; plus (b) the cost of properties not being amortized (pursuant to Reg~~advance. S-X Rule 4-10 (c)(3)(ii)); plus (c) the lower of cost or estimated fair value of unproven properties included in the costs being amortized; net of (d) the related tax effects related to the difference between the book and tax basis of our oil and natural gas properties.

~~Cash~~On July 15, 2016, the Company entered into a 5-year contracting arrangement with a related party for contracting services related to expertise and ~~cash~~experience ~~equivalents~~in raising finance. As compensation for contractor services the Company will pay the contractor fees of $120,000 annually in advance.

~~Cash~~On ~~and~~February ~~equivalents~~9, ~~include~~2017, ~~investments~~the ~~with~~Company ~~initial~~terminated ~~maturities~~all ofcontractor ~~three~~agreements ~~months~~with orRancho ~~less.~~Capital ~~The~~Management ~~Company~~Inc, ~~maintains~~and ~~its~~therefore, ~~cash~~the ~~balances~~contracted atannual ~~credit-worthy~~fees ~~financial~~of ~~institutions~~$420,000 ~~that~~due ~~are~~to ~~insured~~be bypaid ~~the~~in ~~Federal~~2017 ~~Deposit~~were ~~Insurance~~not ~~Corporation~~prepaid ~~("FDIC") up~~ to ~~$250,000~~the contractor.

~~Prepaid~~As ~~Expenses~~of December 31, 2016, the Company recorded prepaid expenses of $420,000, of which $382,521 has been amortized to the statement of operations to consulting fees as of March 31, 2017.

~~Prepaid~~21 ~~contracting~~Table ~~expenses represents amounts paid in advance for future contractual benefits to be received. Contracting expenses paid in advance are recorded as a prepaid asset and then amortized to the statements~~ of ~~operations over the life of the contract using the straight-line method.~~Contents

~~On February~~ 9~~, 2016, the Company entered into a 5 year contracting arrangement with a related party for contracting services related to expertise in the petroleum industry~~. AsSTOCKHOLDER’S ~~compensation for contractor services the Company will pay the contractor fees of $180,000 annually in advance.~~EQUITY

OnCommon February 9, 2016, the Company entered into a 12 month contracting arrangement with a related party. As compensation for services the Company will pay the contractor fees of $2,500 a month, payable $900 in cash and $1,600 with common stock of the company valued at 50% of market at the date of conversion. The contractor was entitled to cash compensation of $25,000 upon signing.Stock

On ~~April~~September 830, ~~2016~~2011, the Company ~~entered~~issued ~~into~~132,000,000 ashares 5of ~~year~~common ~~contracting~~stock ~~arrangement~~to ~~with~~the adirectors ~~related~~of ~~party~~the ~~for~~Company ~~contracting~~at ~~services~~a ~~related~~price toof ~~expertise and experience in raising finance~~$0.00017 Asper ~~compensation~~share, for ~~contractor services the Company will pay the contractor fees of~~ $~~120~~22,000 ~~annually in advance~~.

On ~~July~~September 1510, ~~2016~~2012, the Company ~~entered~~issued ~~into~~19,872,000 afree 5trading ~~year~~shares ~~contracting~~of ~~arrangement~~common ~~with~~stock aat ~~related~~$0.0025 ~~party~~per ~~for~~share ~~contracting services related~~ to ~~expertise~~a ~~and~~total ~~experience~~of in46 ~~raising~~stockholders ~~finance. As compensation~~ for ~~contractor~~consideration ~~services the Company will pay the contractor fees~~ of $~~120~~49,~~000 annually in advance~~680.

On ~~August~~September 19, ~~2016~~2013, the ~~Company~~Director ~~entered~~then ~~into~~approved a sixty new, for one ~~year~~old ~~contracting~~share ~~arrangement~~in ~~with~~a anforward ~~unrelated~~split ~~party~~of ~~for~~the ~~contracting~~Company's ~~services~~outstanding ~~related~~shares toof ~~expertise~~common stock. All share and ~~experience~~per share data in ~~raising~~the ~~finance.~~accompanying Asfinancial ~~compensation~~statements ~~for~~and ~~contractor~~footnotes ~~services~~has ~~the~~been ~~Company~~adjusted ~~will~~retrospectively ~~pay~~for the ~~contractor~~effects ~~fees~~ of ~~$50,000~~the ~~annually~~stock ~~in advance~~split.

~~Intellectual~~On ~~Properties~~September 9, 2013, the Company entered into a share cancellation/return to treasury agreement with Mr. George Drazenovic, the Company's president; wherein Mr. Drazenovic agreed to the cancellation and return to treasury of 108,000,000 shares of common stock of our company for $1.

~~The~~On September 27, 2014, the Company ~~has~~initiated ~~adopted~~a private placement for the ~~provisions~~sale of ~~ASC 350-50~~300,000 ~~Website~~units ~~Development~~at ~~Costs~~$0.5 ~~All~~per ~~costs~~unit. ~~incurred~~Each ~~during~~unit ~~the~~comprised ~~planning~~of ~~phase~~1 share of acommon ~~website~~stock ~~are~~and ~~expensed~~1 asnon-transferrable ~~research~~share purchase warrant. Each warrant has an exercise price of $1 per share and ~~development~~expire on January 1, 2017.

11On ~~Table~~July 22, 2015, the Company initiated a private placement for the sale of ~~Contents~~50,000 units at $1 per unit. Each unit comprised of 1 share of common stock and 1 non-transferrable share purchase warrant. Each warrant has an exercise price of $1.50 per share and expire on January 1, 2017.

~~Costs~~On ~~incurred~~August in13, 2015, the ~~development~~Company ~~stage,~~initiated ~~including~~a private placement for the ~~purchase~~sale of a27,027 ~~domain~~units ~~name,~~at ~~are~~$1.85 ~~capitalized~~per unit. Each unit comprised of 1 share of common stock and ~~reviewed~~1 ~~annually~~non-transferrable ~~for~~share ~~impairment~~purchase warrant. Each warrant has an exercise price of $2.00 per share and expire on January 1, 2017.

~~Expenses~~On ~~subsequent~~September to1, 2015, the ~~launch~~Company ~~will~~initiated bea ~~expensed~~private asplacement ~~research~~for ~~and~~the ~~development~~sale ~~expenses~~of 39,063 units at $1.28 ~~The~~per ~~Company~~unit. ~~will~~Each ~~expense~~unit ~~upgrades~~comprised of 1 share of common stock and ~~revisions~~1 tonon-transferrable ~~its~~share ~~website~~purchase aswarrant. ~~incurred~~Each warrant has an exercise price of $1.50 per share and expire on January 1, 2017.

~~Once~~On October 1, 2015, the ~~website~~Company isinitiated ~~available~~a private placement for ~~use~~the sale of 103,000 ~~the~~units ~~asset~~at ~~will~~$1.03 beper ~~amortized~~unit. ~~over~~Each ~~its~~unit ~~useful~~comprised ~~life~~of on1 ashare ~~straight~~of ~~line~~common ~~basis,~~stock ~~estimated~~and to1 benon-transferrable 3share ~~years,~~purchase warrant. Each warrant has an exercise price of $1.50 per share and isexpire ~~tested~~on ~~for~~January ~~impairment~~1, ~~annually~~2017.

~~Accounts~~On ~~payable~~October ~~and~~15, ~~accrued~~2015, ~~liabilities~~the Company initiated a private placement for the sale of 250,000 units at $1 per unit. Each unit comprised of 1 share of common stock with no warrants attached.

~~Accounts~~On ~~payable~~August ~~and~~1, ~~accrued~~2016, ~~liabilities~~the ~~are~~Company ~~carried~~entered atinto ~~amortized~~a ~~cost~~debt ~~and~~settlement ~~represent~~agreement ~~liabilities~~with ~~for~~Rancho ~~goods~~Capital ~~and~~Management ~~services~~Inc. ~~provided~~Pursuant to this agreement, the Company ~~prior~~issued toan ~~the~~aggregate ~~end~~ of ~~the~~50,000,000 ~~financial~~common ~~year~~shares ~~that~~at ~~are~~a ~~unpaid~~price ~~and~~of ~~arise~~$0.001 ~~when the Company becomes obliged~~ to ~~make~~settle ~~future~~$50,000 ~~payments~~owed inon ~~respect of~~ the ~~purchase~~Contractor ofagreement ~~these~~dated ~~goods~~April ~~and~~15, ~~services~~2016.

~~Earnings~~During ~~per~~the ~~share~~year ended December 31, 2016, the holders of convertible notes converted a total of $254,837 of principal and interest into 49,525,831 shares of our common stock.

~~Our~~During ~~company~~the ~~computes~~three ~~loss~~months ~~per~~ended ~~share~~March in31, ~~accordance with "ASC-260"~~2017, ~~"Earnings per Share" which requires presentation of both basic and diluted earnings per share on~~ the ~~face~~holders of ~~the~~convertible ~~statement~~notes ofconverted ~~operations.~~a Intotal ~~periods~~ of ~~losses~~$78,363 ~~basic~~of principal and ~~diluted~~interest ~~loss~~into ~~per share are the same~~104,715,617 asshares ~~the effect~~ of ~~stock~~our ~~warrants~~common ~~and convertible debt on loss per share is anti-dilutive~~stock.

~~Basic~~As ~~loss~~of ~~per~~March ~~share~~31, is2017, ~~computed~~6,000,000,000 ~~by dividing net loss available to~~ common ~~shareholders by the weighted average number of outstanding common~~ shares, ~~during~~par ~~the~~value ~~period~~$0.0001, ~~Diluted~~were ~~loss~~authorized ~~per~~(6,000,000,000 ~~share gives effect to all dilutive potential common~~ shares ~~outstanding~~as ~~during the period. Dilutive potential shares consist~~ of ~~dilutive~~March ~~shares~~31, ~~issuable~~2016), ~~upon the exercise~~ of ~~outstanding~~which ~~stock~~249,879,538 ~~warrants~~shares ~~using~~were ~~the~~issued ~~treasury-stock method~~ and ~~convertible~~outstanding ~~debt~~(145,163,921 ~~computed~~shares ~~using~~ as~~-if~~ ~~converted~~of ~~method.~~December ~~Dilutive~~31, ~~loss per share excludes all potential common shares if their effect is anti-dilutive~~2016).

~~Income~~22 ~~taxes~~Table of Contents

~~Income~~Treasury taxes are accounted for in accordance with ASC Topic 740, “Income Taxes.” Under the asset and liability method, deferred tax assets and liabilities are recognized for the future consequences of differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases (temporary differences). Deferred tax assets and liabilities are measured using tax rates expected to apply to taxable income in the years in which those temporary differences are recovered or settled. Valuation allowances for deferred tax assets are established when it is more likely than not that some portion or all of the deferred tax assets will not be realized.Stock

~~Recent~~Retirement ~~Accounting~~of ~~Pronouncements~~Treasury Stock

~~Management~~On ~~does~~September ~~not~~9, ~~anticipate~~2013, ~~that~~ the ~~recently~~Company ~~issued~~retired ~~but~~108,000,000 ~~not~~shares ~~yet~~of ~~effective~~common ~~accounting~~stock. ~~pronouncements~~These ~~will~~retired ~~materially~~shares ~~impact~~are now included in the Company’s ~~financial~~pool ~~condition~~of authorized but unissued shares.

~~Off-Balance Sheet Arrangements~~Warrants

WeThe ~~have~~Company nohas ~~significant~~reserved ~~off-balance~~519,090 ~~sheet~~shares ~~arrangements~~of ~~that~~common ~~have~~stock oras ~~are~~of ~~reasonably~~December ~~likely~~31, to2016, ~~have~~for athe ~~current~~exercise orof ~~future~~warrants ~~effect~~to onnon-employees, ~~our~~of ~~financial~~which ~~condition~~519,090 ~~changes~~are inexercisable. ~~our~~These ~~financial~~warrants ~~condition,~~could ~~revenues~~potentially ordilute ~~expenses,~~basic ~~results~~earnings ofper ~~operations,~~share ~~liquidity,~~in ~~capital~~future ~~expenditures~~years. orThe ~~capital~~warrants ~~resources~~exercise ~~that~~prices ~~are~~and ~~material~~expiration todates ~~our~~are ~~stockholders.~~as follows:

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Exercise	Number
Price	of		Expiration
$	Shares		Date
1.5		103,000	January 1, 2017
1		300,000	January 1, 2017
1.5		39,063	January 1, 2017
2		27,027	January 1, 2017
1.5		50,000	January 1, 2017
		519,090

As aof ~~“smaller~~March ~~reporting~~31, ~~company”~~2017, ~~we are not required to provide~~ the ~~information~~Company ~~required~~has byno ~~this~~exercisable ~~Item~~stock warrants.

~~Item 4~~10. ~~Controls~~INCOME ~~and Procedures~~TAXES

~~Management's~~A ~~Report~~reconciliation onof ~~Disclosure~~income ~~Controls~~tax ~~and~~expense ~~Procedures~~to the amount computed at the statutory rates is as follows:

12 Table of Contents

	March 31,
	2017			2016
Operating profit (loss) for the three months ended March 31	$	(1,323,560	)	$	(106,484	)
Average statutory tax rate		34	%		34	%
Expected income tax provisions	$	(450,010	)	$	(36,205	)
Unrecognized tax gains (loses)		(450,010	)		(36,205	)
Income tax expense	$	-		$	-

WeThe ~~maintain~~Company ~~disclosure~~has ~~controls~~net ~~and~~operating ~~procedures~~losses ~~that~~carried ~~are~~forward ~~designed to ensure that information required to be disclosed in our reports filed under the Securities Exchange Act~~ of ~~1934,~~approximately ~~as amended~~$3, ~~is recorded~~000,537 processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, and that such information is accumulated and communicated to our management, including our president (our principal executive officer, principal financial officer and principal accounting officer) to allow for ~~timely~~tax ~~decisions~~purposes ~~regarding~~which ~~required~~will ~~disclosure.~~expire In designing and evaluating our disclosure controls and procedures, our management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and our management is required to apply its judgment in ~~evaluating~~2027 ~~the~~if ~~cost-benefit~~not ~~relationship~~utilized ~~of possible controls and procedures~~beforehand.

As of the end of our quarter covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our president (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures11. Based on the foregoing, our president (our principal executive officer, principal financial officer and principal accounting officer) concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this quarterly report.COMMITMENTS

~~Our~~On ~~management~~February ~~identified~~1, 2017, the ~~following~~Company ~~material~~entered ~~weaknesses~~into ina ~~our~~twelve-month ~~internal~~contracting ~~control~~arrangement ~~over~~with ~~financial~~Ira ~~reporting,~~Morris. ~~which~~As ~~are~~compensation ~~indicative~~for ofservices, ~~many~~the ~~small~~Company ~~companies~~will ~~with~~pay ~~small~~the ~~staff:~~contractor ~~(i)~~fees ~~inadequate~~of ~~segregation~~$5,000 ofa ~~duties~~month, ~~and~~payable ~~effective~~$3,400 ~~risk~~in ~~assessment;~~cash and ~~(ii)~~$1,600 ~~insufficient~~with ~~written~~common ~~policies~~stock ~~and~~of ~~procedures~~the ~~for~~company ~~accounting~~valued ~~and~~at ~~financial~~50% ~~reporting~~of ~~with~~market ~~respect~~at to the ~~requirements~~date ~~and~~of ~~application~~conversion. ofThe ~~both~~contractor USwas ~~GAAP~~entitled ~~and~~to ~~SEC~~cash ~~guidelines~~compensation of $50,000 upon signing.

WeOn ~~plan~~February to9, ~~take~~2017, ~~steps to enhance and improve~~ the ~~design~~Company ofterminated ~~our~~all ~~internal~~contractor ~~control~~agreements ~~over~~with ~~financial~~Rancho ~~reporting.~~Capital ~~During~~Management ~~the period covered by this quarterly report on Form 10-Q~~Inc, weand ~~have not been able to remediate the material weaknesses identified above. To remediate such weaknesses~~therefore, ~~we hope to implement~~ the ~~following~~contracted ~~changes~~annual ~~during~~fees ~~our~~of ~~fiscal year ending December 31~~$420,000 ~~2015:~~were ~~(i)~~not ~~appoint~~prepaid ~~additional qualified personnel~~ to address inadequate segregation of duties and ineffective risk management; and (ii) adopt sufficient written policies and procedures for accounting and financial reporting. The remediation efforts set out in (i) and (ii) are largely dependent upon our securing additional financing to cover the ~~costs of implementing the changes required~~contractor. ~~If we are unsuccessful in securing such funds, remediation efforts may be adversely affected in a material manner.~~

~~Changes~~12. inSUBSEQUENT ~~Internal Control~~EVENTS

During the period covered by this report there were no changes in our internal control over financial reporting that materially affected, or are reasonably likely to materially affect, our internal control over financial reportingNone.

1323 Table of Contents

~~PART~~ITEM II2. –MANAGEMENT'S ~~OTHER~~DISCUSSION ~~INFORMATION~~AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION

~~Item~~FORWARD-LOOKING ~~1. Legal Proceedings~~STATEMENTS

WeThis ~~know~~Management's Discussion and Analysis of noFinancial ~~material~~Condition and Results of Operations (MD&A) contains forward-looking statements that involve known and unknown risks, ~~existing~~significant oruncertainties ~~pending~~and ~~legal~~other ~~proceedings~~factors ~~against~~that may cause our ~~company~~actual results, ~~nor~~levels ~~are~~of weactivity, ~~involved~~performance asor aachievements ~~plaintiff~~to inbe materially different from any ~~material~~future ~~proceeding~~results, levels of activity, performance or ~~pending~~achievements ~~litigation~~expressed, or implied, by those forward-looking statements. ~~There~~You ~~are~~can noidentify ~~proceedings~~forward-looking instatements ~~which~~by ~~any~~the use of ~~our~~the ~~directors~~words may, ~~officers~~will, orshould, ~~affiliates~~could, expects, plans, anticipates, believes, estimates, predicts, intends, potential, proposed, or continue or the negative of those terms. These statements are only predictions. In evaluating these statements, you should consider various factors which may cause our actual results to differ materially from any ~~registered~~forward-looking ~~beneficial~~statements. ~~shareholder~~Although we believe that the exceptions reflected in the forward-looking statements are reasonable, iswe ancannot ~~adverse~~guarantee ~~party~~future results, levels of activity, performance or ~~has~~achievements. aTherefore, ~~material~~actual ~~interest~~results ~~adverse~~may differ materially and adversely from those expressed in any forward-looking statements. We undertake no obligation to ~~our~~revise ~~interest~~or update publicly any forward-looking statements for any reason.

~~Item~~RESULTS ~~1A.~~OF ~~Risk Factors~~OPERATIONS

AsWorking ~~a “smaller reporting company” we are not required to provide the information required by this Item.~~Capital

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

	March 31, 2017			December 31, 2016
Current Assets	$	218,183		$	160,441
Current Liabilities		1,589,630			618,816
Working Capital (Deficit)	$	(1,371,447	)	$	(458,375	)

OnCash August 3, 2016 we issued 50,000,000 shares in a private placement at the price of $0.001 for aggregate proceeds of $50,000. We issued these securities to one (1) accredited investor without general solicitation pursuant to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended. Flows

On September 2016, we issued 3,501,297 shares upon conversion.of convertible promissory notes in the amount of $87,500. We issued these securities to one (1) accredited investor without general solicitation pursuant to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.

	March 31, 2017			March 31, 2016
Cash Flows (used in) Operating Activities	$	(817,858	)	$	(174,979	)
Cash Flows (provided by) Investing Activities		0			0
Cash Flows (provided by) Financing Activities		828,633			175,000
Net Increase in Cash During Period	$	10,775		$	21

~~Item~~Results 3.for ~~Defaults~~the ~~Upon~~Three ~~Senior~~Months ~~Securities~~Ended March 31, 2017 Compared to the Three Months Ended March 31, 2016

~~None.~~Operating Revenues

~~Item~~The 4.Company’s ~~Mine~~revenues ~~Safety~~for ~~Disclosures~~the three months ended March 31, 2017 and March 31, 2017 were $0 and $0, respectively.

~~Not~~Operating ~~applicable.~~Expenses

~~Item~~Operating 5expenses for the three months ended March 31, 2017, and March 31, 2016, were $323,936 and $88,559, respectively. ~~Other~~Operating ~~Information~~expenses consisted primarily of consulting fees. professional fees, general and administrative expenses and preparing reports and SEC filings relating to being a public company. The increase was primarily attributable to an increase in consulting and legal fees.

~~None.~~24 Table of Contents

14Net ~~Table~~Loss offrom ~~Contents~~Operations

~~Item~~The 6Company’s net loss from operations for the three months ended March 31, 2017 and 2016 was $323,936 and $88,559, respectively. ~~Exhibits~~The increased loss is due to an increase in operating expenses.

Exhibit Number		Description
(3)		Articles of Incorporation and Bylaws
3.1		Articles of Incorporation (incorporated by reference to our Registration Statement on Form S-1 filed on March 20, 2012)
3.2		Bylaws (incorporated by reference to our Registration Statement on Form S-1 filed on March 20, 2012)
3.3		Certificate of Amendment (incorporated by reference to our Current Report on Form 8-K filed on September 20, 2013)
(10)		Material Contracts
10.1		Share Cancellation to Treasury Agreement (incorporated by reference to our Current Report on Form 8-K filed on September 20, 2013)
10.2		Lease Assignment Agreement between our company and West Bakken Energy Holdings, Ltd. (incorporated by reference to our Current Report on Form 8-K filed on March 5, 2014)
10.3		Master Services Consulting Agreement dated September 16, 2015 (incorporated by reference to our Current Report on Form 8-K filed on September 21, 2015)
10.4		Contractor Agreement between our company and Rancho Capital Management Inc. dated February 9, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.5		Contractor Agreement between our company and Rancho Capital Management Inc. dated April 8, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.6		Debt Settlement Agreement between our company and Rancho Capital Management Inc. dated April 15, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.7		Debt Settlement Agreement between our company and Rancho Capital Management Inc. dated August 1, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
(31)		Rule 13a-14 (d)/15d-14d) Certifications
31.1*		Section 302 Certification pursuant to the Sarbanes-Oxley Act of 2001 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
(32)		Section 1350 Certifications
32.1*		Section 906 Certification pursuant to the Sarbanes-Oxley Act of 2001 of the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
(101)*		Interactive Data File
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

Other Income (Expense):

~~______________~~Other income (expense) for the three months ended March 31, 2017 and 2016 were $(999,624) and $(17,925) respectively. Other income (expense) consists of change of fair value on derivative valuation and interest expense associated with convertible debentures. The gain or loss on derivative valuation is directly attributable to the change in fair value of the derivative liability. Interest expense is primarily attributable the initial interest expense associated with the valuation of derivative instruments at issuance and the accretion of the convertible debentures over their respective terms. The increase expense is due to an increase in convertible notes issued and loss in the fair value of derivative liabilities.

*Net ~~Filed~~Profit ~~herewith.~~(Loss)

15Net ~~Table~~profit of(loss) ~~Contents~~for the three months ended March 31, 2017 and 2016, was $(1,323,560) and $(106,484) respectively.

~~SIGNATURES~~Liquidity and Capital Resources

~~Pursuant~~As toof ~~the~~March ~~requirements~~31, of2017, the ~~Securities~~Company ~~Exchange~~had ~~Act~~a cash balance and asset total of ~~1934~~$10,775 ~~the~~and ~~registrant~~$1,068,762 ~~caused~~respectively, ~~this~~compared ~~report~~with to$0 beand ~~signed~~$1,011,599 onof ~~its~~cash ~~behalf~~and bytotal ~~the~~assets, ~~undersigned~~respectively, ~~thereunto~~as ~~duly~~of ~~authorized~~December 31, 2016. The increase in assets was due to an increase in loans to related parties.

	BLACK STALLION OIL AND GAS, INC.
	(Registrant)
Dated: December 2, 2016	By:	/s/ Ira Morris
		Ira Morris
		President, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

As of March 31, 2017, the Company had total liabilities of $1,589,630 compared with $618,816 as of December 31, 2016. The increase in total liabilities was primarily attributed to the addition of promissory notes.

16The overall working capital decreased from $(458,375) deficit at December 31, 2016 to $(1,371,447) at March 31, 2017.

Cash Flow from Operating Activities

During the three months ended March 31, 2017, cash used in operating activities was $(817,858) compared to $(174,979) for the three months ended March 31, 2016.

Cash Flow from Investing Activities

During the three months ended March 31, 2017 cash used in investing activities was $0 compared to $0 for the three months ended March 31, 2016.

Cash Flow from Financing Activities

During the three months ended March 31, 2017, cash provided by financing activity was $828,633 compared to $175,000 for the three months ended March 31, 2016.

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Quarterly Developments

None.

Subsequent Developments

None.

Going Concern

We have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern without further financing.

Future Financings

We will continue to rely on equity sales of our common shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders. There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.

Off-Balance Sheet Arrangements

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

Critical Accounting Policies

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. A complete summary of these policies is included in the notes to our financial statements. In general, management's estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

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Inflation

The amounts presented in the financial statements do not provide for the effect of inflation on our operations or financial position. The net operating losses shown would be greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement costs or by using other inflation adjustments.

Recently Issued Accounting Pronouncements

The Company has reviewed recently issued accounting pronouncements and noted no pronouncements that would have a material impact on its results of operations or financial position.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are a non-accelerated filer and a smaller reporting company, as defined in Rule 12b-2 of the of the Securities Exchange Act of 1934, and as such, are not required to provide the information under this item.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) promulgated under the Securities Exchange Act of 1934 (the "Exchange Act"), that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms and that such information is accumulated and communicated to our Company’s officers, as appropriate to allow timely decisions regarding required disclosure. We carried out an evaluation, under the supervision and with the participation of our Company’s officers, of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2017. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses in our internal control over financial reporting identified in our Annual Report on Form 10-K for the year ended December 31, 2016, that was filed with the SEC on May 4, 2017, the Company’s officers concluded that our disclosure controls and procedures are ineffective.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting, as defined in Rule 13a-15(f) promulgated under the Exchange Act, during the quarter ended March 31, 2017 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We know of no material, existing or pending legal proceedings against our company, nor are we involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which our director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our interest.

ITEM 1A. RISK FACTORS

Our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 includes a detailed discussion of our risk factors.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

1. Quarterly Issuances:

On January 6, 2017, the holder of a convertible note converted a total of $7,500 of principal and $84 of interest into 5,995,130 shares of our common stock.

On January 19, 2017, the holder of a convertible note converted a total of $6,000 of principal and $84 of interest into 5,531,055 shares of our common stock.

On January 31, 2017, the holder of a convertible note converted a total of $5,000 of principal and $85 of interest into 4,843,314 shares of our common stock.

On February 13, 2017, the holder of a convertible note converted a total of $5,000 of principal and $94 of interest into 5,660,278 shares of our common stock.

On February 16, 2017, the holder of a convertible note converted a total of $7,000 of principal and $141 of interest into 7,934,611 shares of our common stock.

On February 22, 2017, the holder of a convertible note converted a total of $5,000 of principal and $104 of interest into 6,004,835 shares of our common stock.

On February 28, 2017, the holder of a convertible note converted a total of $5,000 of principal and $111 of interest into 6,814,247 shares of our common stock.

On March 8, 2017, the holder of a convertible note converted a total of $5,000 of principal and $119 of interest into 8,532,420 shares of our common stock.

On March 14, 2017, the holder of a convertible note converted a total of $5,250 of principal and $132 of interest into 8,970,548 shares of our common stock.

On March 16, 2017, the holder of a convertible note converted a total of $5,000 of principal and $130 of interest into 8,550,685 shares of our common stock.

On March 22, 2017, the holder of a convertible note converted a total of $5,000 of principal and $196 of interest into 8,660,274 shares of our common stock.

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On March 22, 2017, the holder of a convertible note converted a total of $3,750 of principal and $104 of interest into 6,442,603 shares of our common stock.

On March 21, 2017, the holder of a convertible note converted a total of $6,000 of principal and $237 of interest into 10,394,521 shares of our common stock.

On March 29, 2017, the holder of a convertible note converted a total of $6,000 of principal and $241 of interest into 10,401,096 shares of our common stock.

These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The holders represented their intention to acquire the securities for investment only and not with a view towards distribution. The investors were given adequate information about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock.

2. Subsequent Issuances:

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBSEQUENT EVENTS

None.

ITEM 5. OTHER INFORMATION

None.

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ITEM 6. EXHIBITS

Exhibit Number		Description
-3		Articles of Incorporation and Bylaws
3.1		Articles of Incorporation (incorporated by reference to our Registration Statement on Form S-1 filed on March 20, 2012)
3.2		Bylaws (incorporated by reference to our Registration Statement on Form S-1 filed on March 20, 2012)
3.3		Certificate of Amendment (incorporated by reference to our Current Report on Form 8-K filed on September 20, 2013)
-10		Material Contracts
10.1		Share Cancellation to Treasury Agreement (incorporated by reference to our Current Report on Form 8-K filed on September 20, 2013)
10.2		Lease Assignment Agreement between our company and West Bakken Energy Holdings, Ltd. (incorporated by reference to our Current Report on Form 8-K filed on March 5, 2014)
10.3		Master Services Consulting Agreement dated September 16, 2015 (incorporated by reference to our Current Report on Form 8-K filed on September 21, 2015)
10.4		Contractor Agreement between our company and Rancho Capital Management Inc. dated February 9, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.5		Contractor Agreement between our company and Rancho Capital Management Inc. dated April 8, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.6		Debt Settlement Agreement between our company and Rancho Capital Management Inc. dated April 15, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
10.7		Debt Settlement Agreement between our company and Rancho Capital Management Inc. dated August 1, 2016 (incorporated by reference to our Current Report on Form 8-K filed on August 30, 2016)
-31		Rule 13a-14 (d)/15d-14d) Certifications
31.1*		Section 302 Certification pursuant to the Sarbanes-Oxley Act of 2001 of the Principal Executive Officer
31.2*		Section 302 Certification pursuant to the Sarbanes-Oxley Act of 2001 of the Principal Financial Officer
-32		Section 1350 Certifications
32.1*		Section 906 Certification pursuant to the Sarbanes-Oxley Act of 2001 of the Principal Executive Office, Principal Financial Officer and Principal Accounting Officer
(101)*		Interactive Data File
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BLACK STALLION OIL AND GAS, INC.
	(Registrant)

Dated: May 15, 2017	By:	/s/ Ira Morris
		Ira Morris
		President, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

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