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EXCEL - IDEA: XBRL DOCUMENT - Royal Energy Resources, Inc.Financial_Report.xls
10-Q - Royal Energy Resources, Inc.form10q.htm
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v2.4.0.6
Organization and Summary of Significant Accounting Policies (Details Narrative) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended 88 Months Ended
Mar. 31, 2006
Aug. 31, 2005
Nov. 30, 2012
Nov. 30, 2011
Aug. 31, 2012
Aug. 31, 2011
Aug. 31, 2010
Aug. 31, 2009
Aug. 31, 2008
Aug. 31, 2007
Aug. 31, 2006
Nov. 30, 2012
Jul. 21, 2005
Accumulated deficit during development stage                         $ 28,995
Deficit accumulated during the development stage     3,346,823   3,302,519             3,346,823  
Net loss   7,739 44,304 58,875 126,252 270,417 501,055 1,723,711 467,712 95,813 80,825 3,317,828  
Sale of common stock for cash 65,000 32,000     7,500     3,600 413,172 80,070 120,500    
Sale of common stock for cash, shares 650,000                        
Federal Deposit Insurance Corporation insured amount     250,000                 250,000  
Net revenues from proved oil and natural gas properties, discounted rate     10.00%                 10.00%  
Minimum [Member]
                         
Company is currently attempting to secure financing amount in Europe     5,000,000                    
Maximum [Member]
                         
Company is currently attempting to secure financing amount in Europe     $ 10,000,000