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Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash $ 2,053,074 $ 868,548
Accounts Receivable, Net of Allowance 0 7,077
Prepaid expenses 227,333 34,211
Total Current Assets 2,280,407 909,836
Oil and Gas Properties - full cost method    
Proved developed producing oil and gas properties, net 72,512 74,877
Total oil and gas properties, net 72,512 74,877
Equity method investment 22,652,026 15,830,538
Total Assets 25,004,945 16,815,251
Current Liabilities    
Accounts Payable 1,391,301 996,382
Accrued expenses and other current liabilities 1,235,345 67,397
Current taxes payable 3,000 3,000
Derivative Liability 32,272,761 93,981,234
Total Current Liabilities 34,902,407 95,048,013
Long-term debt - net of current portion 20,500,000 18,000,000
Asset Retirement Obligations 51,935 46,748
Total Liabilities 55,454,342 113,094,761
Stockholders' Deficit    
Preferred stock, Series C, 5,000 shares authorized of $0.001 par value, 3,806 shares issued and outstanding as of June 30, 2021, liquidation preference of $131,173,790 4 0
Common stock, 250,000,000 shares authorized of $0.001 par value, 84,955,966 and 25,000,000 shares issued and outstanding as of June 30, 2021 and December31, 2020 84,956 25,000
Additional Paid-in Capital 263,018,169 209,362,384
Accumulated Deficit (293,552,526) (311,612,946)
Total Stockholders' Deficit (30,449,397) (102,225,562)
Total liabilites and Stockholders Deficit 25,004,945 16,815,251
Series C Preferred Stock [Member]    
Stockholders' Deficit    
Temporary Equity, Value $ 0 $ 5,946,052