CURRENT LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2026

Current Liabilities

SCHEDULE OF ACCOUNTS PAYABLE

Accounts Payable Ageing Al Shola Gas	June 30, 2026		December 31, 2025
1-30 days		228,600		350,210
31-60 days		101,333		137,972
61-90 days		100,845		95,294
+90 days		572,422		574,995
Total		1,003,201		1,158,471

SUMMARY OF OUTSTANDING CONVERTIBLE NOTES AND ACCRUED INTEREST

A summary of these outstanding convertible notes and accrued interest as of June 30, 2026, is summarized below:

Debt & Interest Payable

																	Cumulative Repayments								Cumulative Conversions												Total Balance Remaining
Lender	Date of Issue		Maturity Date		Initial Interest Rate (%)			Default Interest Rate (%)			Original Principal Amount		Total Default Interest/Fees Incurred Since Issuance (Before Repayments and Conversions)		Total Interest Accrued Since Issuance (Before Repayments and Conversions)		Principal Repayments		Default Interest Repayments		Accrued Interest Repayments		Total Repayments		Principal Converted		Default Interest and Fees converted		Accrued Interest Converted		Total Amount Converted		Conversion Price per share		Total Number of Common Shares Issued		Principal Outstanding		Default Interest (Default Principal) outstanding		Accrued Interest Outstanding		Total Balance Remaining
											$		$		$		$		$		$		$		$		$		$		$		$				$		$		$		$
RB Capital Partners Inc.		August 3, 2022		August 3, 2024		7	%		-			1,100,000		-		301,249		-		-		-		-		-		-		-		-		-		-		1,100,000		-		301,249		1,401,249
RB Capital Partners Inc.		March 17, 2023		March 17, 2025		7	%		-			200,000		-		43,895		57,705		-		-		57,705		-		-		-		-		-		-		142,295		-		43,895		186,190
Jefferson Street Capital LLC		May 23, 2023		February 23, 2024		6.5	%		15	%		220,000		138,963		34,416		-		-		-		-		220,000		36,509		16,486		272,995		-		13,524,647		-		102,454		17,930		120,384
Sky Holdings Ltd		June 16, 2023		December 16, 2023		7	%		-			550,000		-		106,051		-		-		-		-		77,000		-		35,863		112,863		0.0375		3,009,680		473,000		-		70,188		543,188
Lorlev 26 Irrevocable Trust		December 20, 2023		December 20, 2024		-			-			100,000		-		29,000		100,000		-		20,000		120,000		-		-		-		-		-		-		-		-		9,000		9,000
Exchange Listing LLC		February 6, 2024		August 6, 2024		10	%		20	%		35,000		-		15,712		-		-		-		-		-		-		-		-		-		-		35,000		-		15,712		50,712
Jefferson Street Capital LLC		May 21, 2024		February 21, 2025		10	%		15	%		71,500		44,769		18,906		-		-		-		-		71,500		44,769		1,500		117,769		-		61,995,097		-		-		17,406		17,406
J.J. Astor & Co		September 20, 2024		June 30, 2025		0	%		16	%		405,000		37,462		84,317		323,963		37,462		-		361,425		-		-		-		-		-		-		81,037		-		84,317		165,354
Total												2,681,500		221,195		633,546	481,668			37,462		20,000		539,130		368,500		81,278		53,849		503,627		-		78,529,424		1,831,332		102,454		559,697		2,493,483

SCHEDULE OF OTHER PAYABLES CURRENT

Other Payables Current	June 30, 2026		December 31, 2025
Payable Al Shola Gas		8,980,000		7,875,000
Other Payables current		89,858		90,456
Total Other Payables Current	$	9,069,858	$	7,965,456

SCHEDULE OF OTHER CURRENT LIABILITIES

Other Current Liabilities	June 30, 2026		December 31, 2025
Value Added Tax (VAT) Payable		40,919		-
Accrued Interest on Convertible note		559,697		495,185
Payroll Liabilities		259,451		231,518
Provision for Audit & Review fee		52,000		90,000
Provision for Legal & Professional Charges		62,500		-
Corporate Tax payable		204,959		165,109
Total		1,179,526		981,812