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Company Overview and Operations (Tables)
3 Months Ended
Mar. 31, 2024
Company Overview and Operations  
Schedule of total oil and gas reserves

Proceeds from sale (net of transaction costs)

 

$205,000

 

Reduction in oil and gas full cost pool (based on % of reserves disposed)

 

 

(1,038,900 )

ARO recovered

 

 

78,394

 

Loss on disposal

 

$(755,506 )

Proceeds from sale (net of transaction costs)

 

$751,450

 

Reduction in oil and gas full cost pool (based on % of reserves disposed)

 

 

(1,049,229)

ARO recovered

 

 

1,104,806

 

Cash bond recoverable (net of fees)

 

 

47,438

 

Gain on disposal

 

$854,465