20-F/A Filing

CHELSEA OIL & GAS LTD. CIK: 1061288 FY 2017

Filing Information

Form Type	20-F/A
Accession Number	`0001062993-18-002415`
Period End Date	20171231
Filing Date	20180529
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	coglf-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 48 Cash Flow Statement 59 Stockholders Equity 12

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalents`	$463.55K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$121.62K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$15.12K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$15.34K	USD	Point-in-time
Accounts receivable	`TradeAndOtherCurrentReceivables`	$3.48K	USD	Point-in-time
Accounts receivable	`TradeAndOtherCurrentReceivables`	$6.53K	USD	Point-in-time
Current assets	`CurrentAssets`	$21.87K	USD	Point-in-time
Current assets	`CurrentAssets`	$18.60K	USD	Point-in-time
Restricted cash	`NoncurrentRestrictedCashAndCashEquivalents`	$187.10K	USD	Point-in-time
Restricted cash	`NoncurrentRestrictedCashAndCashEquivalents`	$172.70K	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipment`	$674.79K	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipment`	$787.28K	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipment`	$899.76K	USD	Point-in-time
Exploration and evaluation assets	`TangibleExplorationAndEvaluationAssets`	$1.08M	USD	Point-in-time
Exploration and evaluation assets	`TangibleExplorationAndEvaluationAssets`	$9.55M	USD	Point-in-time
Non-current assets	`NoncurrentAssets`	$1.95M	USD	Point-in-time
Non-current assets	`NoncurrentAssets`	$10.51M	USD	Point-in-time
Assets	`Assets`	$10.53M	USD	Point-in-time
Assets	`Assets`	$1.96M	USD	Point-in-time
Shareholder loans	`AmountsPayableRelatedPartyTransactions`	$4.55M	USD	Point-in-time
Shareholder loans	`AmountsPayableRelatedPartyTransactions`	$4.20M	USD	Point-in-time
Shareholder loans	`AmountsPayableRelatedPartyTransactions`	$3.88M	USD	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	$675.14K	USD	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	$822.65K	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$4.88M	USD	Point-in-time
Current liabilities	`CurrentLiabilities`	$5.37M	USD	Point-in-time
Decommissioning liabilities	`DecommissioningLiabilities`	$360.28K	USD	Point-in-time
Decommissioning liabilities	`DecommissioningLiabilities`	$366.52K	USD	Point-in-time
Decommissioning liabilities	`DecommissioningLiabilities`	$402.40K	USD	Point-in-time
Decommissioning liabilities	`DecommissioningLiabilities`	$390.90K	USD	Point-in-time
Common stock	`IssuedCapital`	$14.06M	USD	Point-in-time
Common stock	`IssuedCapital`	$14.06M	USD	Point-in-time
Common stock	`IssuedCapital`	$14.06M	USD	Point-in-time
Warrants	`Warrants`	-	USD	Point-in-time
Warrants	`Warrants`	$254.94K	USD	Point-in-time
Contributed surplus	`AdditionalPaidinCapital`	$431.69K	USD	Point-in-time
Contributed surplus	`AdditionalPaidinCapital`	$176.75K	USD	Point-in-time
Accumulated deficit	`RetainedEarnings`	$-6.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarnings`	$-16.07M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncome`	$-3.05M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncome`	$-2.23M	USD	Point-in-time
Shareholders' equity	`Equity`	$-3.81M	USD	Point-in-time
Shareholders' equity	`Equity`	$5.29M	USD	Point-in-time
Shareholders' equity	`Equity`	$5.97M	USD	Point-in-time
Shareholders' equity and liabilities	`EquityAndLiabilities`	$10.53M	USD	Point-in-time
Shareholders' equity and liabilities	`EquityAndLiabilities`	$1.96M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Royalty income	`Revenue`	$68.97K	USD	Annual
Royalty income	`Revenue`	$36.70K	USD	Annual
Royalty income	`Revenue`	$19.90K	USD	Annual
Total revenue	`GrossProfit`	$36.70K	USD	Annual
Total revenue	`GrossProfit`	$19.90K	USD	Annual
Total revenue	`GrossProfit`	$68.97K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$242.41K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$186.42K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$133.21K	USD	Annual
Depletion	`DepreciationExpense`	$112.48K	USD	Annual
Depletion	`DepreciationExpense`	$112.48K	USD	Annual
Depletion	`DepreciationExpense`	$112.48K	USD	Annual
Impairment	`DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	-	USD	Annual
Impairment	`DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	$9.35M	USD	Annual
Impairment	`DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	-	USD	Annual
Finance expense	`FinanceCosts`	$327.40K	USD	Annual
Finance expense	`FinanceCosts`	$302.24K	USD	Annual
Finance expense	`FinanceCosts`	$355.40K	USD	Annual
Expense reimbursements	`ExpenseReimbursements`	-	USD	Annual
Expense reimbursements	`ExpenseReimbursements`	$87.65K	USD	Annual
Expense reimbursements	`ExpenseReimbursements`	$79.23K	USD	Annual
Foreign exchange (gain) loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-37.62K	USD	Annual
Foreign exchange (gain) loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$125.52K	USD	Annual
Foreign exchange (gain) loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-68.59K	USD	Annual
Expenses total	`OperatingExpense`	$531.62K	USD	Annual
Expenses total	`OperatingExpense`	$9.94M	USD	Annual
Expenses total	`OperatingExpense`	$576.27K	USD	Annual
Net loss before tax	`ProfitLossBeforeTax`	$-9.92M	USD	Annual
Net loss before tax	`ProfitLossBeforeTax`	$-539.57K	USD	Annual
Net loss before tax	`ProfitLossBeforeTax`	$-462.65K	USD	Annual
Current income tax expense	`CurrentTaxExpenseIncome`	$3.37K	USD	Annual
Current income tax expense	`CurrentTaxExpenseIncome`	$5.05K	USD	Annual
Current income tax expense	`CurrentTaxExpenseIncome`	$2.14K	USD	Annual
Deferred income tax expense	`DeferredTaxExpenseIncome`	-	USD	Annual
Deferred income tax expense	`DeferredTaxExpenseIncome`	-	USD	Annual
Deferred income tax expense	`DeferredTaxExpenseIncome`	-	USD	Annual
Net income loss	`ProfitLoss`	$-542.94K	USD	Annual
Net income loss	`ProfitLoss`	$-467.69K	USD	Annual
Net income loss	`ProfitLoss`	$-9.93M	USD	Annual
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$-135.25K	USD	Annual
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$-1.17M	USD	Annual
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$827.68K	USD	Annual
Comprehensive loss	`ComprehensiveIncome`	$-9.10M	USD	Annual
Comprehensive loss	`ComprehensiveIncome`	$-678.18K	USD	Annual
Comprehensive loss	`ComprehensiveIncome`	$-1.64M	USD	Annual
Net loss per share (basic and diluted)	`BasicAndDilutedEarningsLossPerShare`	$-0.01	USD	Annual
Net loss per share (basic and diluted)	`BasicAndDilutedEarningsLossPerShare`	$-0.15	USD	Annual
Net loss per share (basic and diluted)	`BasicAndDilutedEarningsLossPerShare`	$-0.01	USD	Annual

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-542.94K	USD	Annual
Net loss	`ProfitLoss`	$-467.69K	USD	Annual
Net loss	`ProfitLoss`	$-9.93M	USD	Annual
Depletion	`AdjustmentsForDepreciationAndAmortisationExpense`	$112.48K	USD	Annual
Depletion	`AdjustmentsForDepreciationAndAmortisationExpense`	$112.48K	USD	Annual
Depletion	`AdjustmentsForDepreciationAndAmortisationExpense`	$112.48K	USD	Annual
Impairment	`AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	$9.35M	USD	Annual
Impairment	`AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	-	USD	Annual
Impairment	`AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss`	-	USD	Annual
Interest on shareholder loans	`AdjustmentsForInterestExpense`	$295.57K	USD	Annual
Interest on shareholder loans	`AdjustmentsForInterestExpense`	$319.93K	USD	Annual
Interest on shareholder loans	`AdjustmentsForInterestExpense`	$346.31K	USD	Annual
Accretion on decommissioning obligations	`AdjustmentsForIncreaseDecreaseInAccretionOnDecommissioningObligations`	$11.70K	USD	Annual
Accretion on decommissioning obligations	`AdjustmentsForIncreaseDecreaseInAccretionOnDecommissioningObligations`	$10.49K	USD	Annual
Accretion on decommissioning obligations	`AdjustmentsForIncreaseDecreaseInAccretionOnDecommissioningObligations`	$10.54K	USD	Annual
Unrealized foreign exchange (gain) loss	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$-125.52K	USD	Annual
Unrealized foreign exchange (gain) loss	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$37.62K	USD	Annual
Unrealized foreign exchange (gain) loss	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$68.59K	USD	Annual
Operating cashflow before working capital movements	`CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital`	$-62.35K	USD	Annual
Operating cashflow before working capital movements	`CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital`	$-33.62K	USD	Annual
Operating cashflow before working capital movements	`CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital`	$-174.66K	USD	Annual
Change in non-cash working capital	`IncreaseDecreaseInWorkingCapital`	$-47.80K	USD	Annual
Change in non-cash working capital	`IncreaseDecreaseInWorkingCapital`	$49.03K	USD	Annual
Change in non-cash working capital	`IncreaseDecreaseInWorkingCapital`	$-55.08K	USD	Annual
Total cash used in operating activities	`CashFlowsFromUsedInOperatingActivities`	$14.17K	USD	Annual
Total cash used in operating activities	`CashFlowsFromUsedInOperatingActivities`	$-223.69K	USD	Annual
Total cash used in operating activities	`CashFlowsFromUsedInOperatingActivities`	$-7.27K	USD	Annual
Decrease in restricted cash	`CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents`	$20.55K	USD	Annual
Decrease in restricted cash	`CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents`	$-14.39K	USD	Annual
Decrease in restricted cash	`CashFlowsFromUsedInDecreaseIncreaseInRestrictedCashAndCashEquivalents`	$2.16K	USD	Annual
Total cash provided by (used in) financing activities	`CashFlowsFromUsedInFinancingActivities`	$20.55K	USD	Annual
Total cash provided by (used in) financing activities	`CashFlowsFromUsedInFinancingActivities`	$-14.39K	USD	Annual
Total cash provided by (used in) financing activities	`CashFlowsFromUsedInFinancingActivities`	$2.16K	USD	Annual
Net exploration and evaluation expenditure	`PaymentsForExplorationAndEvaluationExpenses`	$93.38K	USD	Annual
Net exploration and evaluation expenditure	`PaymentsForExplorationAndEvaluationExpenses`	$141.96K	USD	Annual
Net exploration and evaluation expenditure	`PaymentsForExplorationAndEvaluationExpenses`	-	USD	Annual
Total cash provided by (used in) investing activities	`CashFlowsFromUsedInInvestingActivities`	-	USD	Annual
Total cash provided by (used in) investing activities	`CashFlowsFromUsedInInvestingActivities`	$-141.96K	USD	Annual
Total cash provided by (used in) investing activities	`CashFlowsFromUsedInInvestingActivities`	$-93.38K	USD	Annual
Increase (decrease) in cash	`IncreaseDecreaseInCashAndCashEquivalents`	$-98.50K	USD	Annual
Increase (decrease) in cash	`IncreaseDecreaseInCashAndCashEquivalents`	$-345.10K	USD	Annual
Increase (decrease) in cash	`IncreaseDecreaseInCashAndCashEquivalents`	$-222.00	USD	Annual
Foreign exchange gain (loss) on cash denominated in a foreign currency	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	-	USD	Annual
Foreign exchange gain (loss) on cash denominated in a foreign currency	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$-7.78K	USD	Annual
Foreign exchange gain (loss) on cash denominated in a foreign currency	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$3.18K	USD	Annual
Cash, beginning of year	`CashAndCashEquivalents`	$463.55K	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalents`	$121.62K	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalents`	$15.12K	USD	Point-in-time
Cash, beginning of year	`CashAndCashEquivalents`	$15.34K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalents`	$463.55K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalents`	$121.62K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalents`	$15.12K	USD	Point-in-time
Cash, end of year	`CashAndCashEquivalents`	$15.34K	USD	Point-in-time
Cash interest received	`CashInterestReceived`	$3.08K	USD	Annual
Cash interest received	`CashInterestReceived`	$3.87K	USD	Annual
Cash interest received	`CashInterestReceived`	$2.60K	USD	Annual
Taxes paid	`IncomeTaxesPaidRefund`	$5.05K	USD	Annual
Taxes paid	`IncomeTaxesPaidRefund`	$-2.14K	USD	Annual
Taxes paid	`IncomeTaxesPaidRefund`	$-3.37K	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of year	`Equity`	$-3.81M	USD	Point-in-time
Balance, beginning of year	`Equity`	$5.29M	USD	Point-in-time
Balance, beginning of year	`Equity`	$5.97M	USD	Point-in-time
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$-135.25K	USD	Annual
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$-1.17M	USD	Annual
Foreign currency translation adjustment	`GainsLossesOnExchangeDifferencesOnTranslationNetOfTax`	$827.68K	USD	Annual
Loss for the year	`ProfitLoss`	$-542.94K	USD	Annual
Loss for the year	`ProfitLoss`	$-467.69K	USD	Annual
Loss for the year	`ProfitLoss`	$-9.93M	USD	Annual
Balance, end of year	`Equity`	$-3.81M	USD	Point-in-time
Balance, end of year	`Equity`	$5.29M	USD	Point-in-time
Balance, end of year	`Equity`	$5.97M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.