Annual report pursuant to Section 13 and 15(d)

PLAN OF MERGER AND Investment in Unconsolidated ENTITY (Details Narrative)

v3.20.2
PLAN OF MERGER AND Investment in Unconsolidated ENTITY (Details Narrative)
2 Months Ended 12 Months Ended
Jun. 25, 2020
USD ($)
Feb. 03, 2020
USD ($)
$ / shares
Feb. 03, 2020
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
Mar. 31, 2020
USD ($)
Days
$ / shares
Mar. 31, 2019
USD ($)
Ownership percentage       25.00% 25.00%  
Current assets       $ 1,132,660 $ 1,132,660 $ 8,170,965
Total assets       9,695,218 9,695,218 8,582,672
Total liabilities       $ 2,070,431 2,070,431 2,407,616
Net income         $ (3,856,299) $ 16,643,153
Maximum [Member]            
Ownership percentage       51.00% 51.00%  
Elysium Energy LLC [Member]            
Ownership percentage   25.00% 25.00% 25.00% 25.00%  
Current assets       $ 4,000,000 $ 4,000,000  
Total assets       37,700,000 37,700,000  
Total liabilities       34,000,000 34,000,000  
Net assets       3,700,000 $ 3,700,000  
Total revenues       4,000,000    
Net income       $ 3,800,000    
Elysium Energy LLC [Member] | Subsequent Event [Member]            
Ownership percentage 30.00%          
Viking Plan Of Merger Agreement [Member]            
Percentage of post-closing capitalization to be received   80.00%        
Viking Plan Of Merger Agreement [Member] | Elysium Energy LLC [Member]            
Ownership percentage   25.00% 25.00%      
Investment in subsidiary   $ 5,000,000        
Viking Plan Of Merger Agreement [Member] | Elysium Energy LLC [Member] | Subsequent Event [Member]            
Investment in subsidiary $ 4,200,000          
Percentage of additional ownership interest acquired 5.00%          
Securities Purchase Agreement [Member]            
Principal amount   $ 5,000,000 $ 5,000,000      
Securities Purchase Agreement [Member] | 10.5% Secured Promissory Note [Member]            
Debt termination payment percentage of principal         115.50%  
Conversion price (in dollars per share) | $ / shares   $ 0.24 $ 0.24      
Average common stock trading price for debt conversion | $ / shares         $ 0.55  
Consecutive business days | Days         15  
Interest rate   10.50% 10.50%      
Securities Purchase Agreement [Member] | 10.5% Secured Promissory Note [Member] | Viking Energy Group Inc [Member]            
Maximum ownership percentage of common stock for debt conversion       4.99% 4.99%  
Securities Purchase Agreement [Member] | 10.5% Secured Promissory Note [Member] | Viking Energy Group Inc [Member] | Maximum [Member]            
Maximum ownership percentage of common stock for debt conversion       9.99% 9.99%  
Securities Purchase Agreement [Member] | 10.5% Secured Promissory Note [Member] | Viking Energy Group Inc [Member] | Elysium [Member]            
Ownership interest       75.00% 75.00%  
Securities Purchase Agreement [Member] | 10.5% Secured Promissory Note [Member] | Viking Energy Group Inc [Member] | Ichor Energy Holdings LLC [Member]            
Ownership interest       100.00% 100.00%  
Securities Purchase Agreement [Member] | June 2020 Secured Note [Member] | Subsequent Event [Member]            
Principal amount $ 4,200,000          
Interest rate 10.50%          
Securities Purchase Agreement [Member] | Secured Notes [Member] | Subsequent Event [Member]            
Principal amount $ 9,200,000          
Securities Purchase Agreement [Member] | Series C Preferred Stock [Member]            
Principal amount   $ 5,000,000 $ 5,000,000      
Number of shares issed (in shares) | shares     525      
Stock issuance dicount percentage     5.00%      
Face value per share | $ / shares   $ 10,000 $ 10,000      
Redemption amount   $ 5,775,000 $ 5,775,000