Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 4,047,773	$ 13,036,950
Note and other receivable	951,760	7,095
Prepaid expenses	175,647	164,391
Deferred financing costs	1,019,222
Current assets – discontinued operations		322,655
Total current assets	6,194,402	13,531,091
Property and equipment:
Oil and natural gas properties, successful efforts method of accounting including $30,397,183 at March 31, 2024 and $28,705,404 at December 31, 2023 excluded from amortization	30,754,390	28,705,404
Less: Accumulated depreciation, depletion and amortization
Total property and equipment, net	30,754,390	28,705,404
Deposits on E&P assets	9,000,000
Operating lease assets	396,011	155,253
Deferred transaction costs	186,534	108,956
Noncurrent assets – discontinued operations		3,182,307
Total assets	46,531,337	45,683,011
Current liabilities:
Accounts payable and accrued expenses	8,486,571	5,374,494
Operating lease liabilities, current	162,829	41,890
Total current liabilities	8,649,400	5,416,384
Long-term liabilities:
Operating lease liabilities, long-term	218,069	93,816
Total long-term liabilities	218,069	93,816
Total liabilities	8,867,469	5,510,200
Commitments and contingencies (Note 10)
Stockholders’ equity:
Common stock; $0.01 par value; 500,000,000 shares authorized and 10,815,329 shares issued and outstanding at March 31, 2024; 500,000,000 shares authorized and 9,826,719 shares issued and outstanding at December 31, 2023	108,153	98,267
Additional paid-in capital	125,446,282	118,927,814
Accumulated deficit	(87,890,961)	(78,853,677)
Total stockholders’ equity	37,663,868	40,172,811
Total liabilities and stockholders’ equity	46,531,337	45,683,011
Series D Preferred Stock [Member]
Stockholders’ equity:
Preferred stock value	194	206
Series E Preferred Stock [Member]
Stockholders’ equity:
Preferred stock value	$ 200	$ 200