v3.6.0.2

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
OPERATING ACTIVITIES
Net loss attributable to common stockholders	$ (3,120,103)	$ (2,995,105)
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation, depletion, amortization and accretion	164,672	762,948
Gain on disposition of asset		(44,100)
Asset impairment	425,000
Issuance of shares and warrants for services	313,437
Issuance of shares with convertible promissory note	49,753
Equity based compensation	264,589	650,568
Gain on disposition of assets	(24,502)
Changes in:
Accounts receivable, trade	(43,131)	18,179
Prepaids	(661)	11,658
Accounts payable and accrued liabilities	691,557	(69,627)
Net cash (used in) operating activities	(1,279,389)	(1,665,479)
INVESTING ACTIVITIES
Additions to oil and gas properties	(268,498)	(171,192)
Additions to non oil and gas properties		(9,539)
Loans to affiliates, net of repayments		22,000
Proceeds from sale of mineral interest		30,000
Additions to other assets	(37)	39,188
Net cash (used in) investing activities	(268,535)	(89,599)
FINANCING ACTIVITIES
Sale of shares and exercise of options	659,277	1,922,500
Shareholder cash contribution	200,000
Repayment of notes payable	(35,506)	(444,173)
Proceeds from notes payable	426,000
Net cash provided by financing activities	1,249,771	1,478,327
NET CHANGE IN CASH	(298,153)	(276,751)
CASH, Beginning	428,204	636,542
CASH, Ending	130,051	359,791
SUPPLEMENTAL SCHEDULE OF CASH FLOW INFORMATION:
Issuance of shares for debt	2,000	20,000
Transfer of property for debt		393,795
Subscription receivable		53,038
Beneficial conversion on feature of preferred stock	56,988
Deemed dividend for beneficial conversion feature of preferred stock	(56,988)
Beneficial conversion feature on convertible promissory note	(39,278)
Issuance of Shares with convertible promissory note	49,752
Interest paid	65,114	71,170
Income taxes paid

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T-REX OIL, INC. 10-Q