INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Taxes
Net operating tax loss carryforwards	$ 26,907,258	$ 11,732,997
Bad debt reserves	535,033	0
Impairment of oil and gas assets	8,351,170	8,278,289
Unrealized loss	695	695
Derivative losses	5,712,723	3,791,126
Book tax depletion difference	10,771,641	9,125,130
Loss on financing settlements	127,156	0
Stock-based compensation	4,993,410	4,341,757
Intangible drilling costs	648,017	0
Loss from equity interests	4,386,760	0
Total deferred tax assets	62,433,863	37,269,994
Derivative gains	(121,947)	(121,947)
Bargain purchase and other gains	(10,836,356)	(9,760,490)
Total deferred tax liabilities	(10,958,303)	(9,882,437)
Deferred tax assets - before valuation allowance	51,475,560	27,387,557
Less valuation allowance	(51,475,560)	(27,387,557)
Deferred tax asset (liability) - net	$ 0	$ 0