Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net income	$ 25,997,329	$ 3,647,008
Adjustments to reconcile net income to net cash provided by operating activities:
Depletion, depreciation, amortization, and accretion	4,898,988	5,175,865
Loss on derivative contracts	1,124,547	6,417,123
Gain on sale of oil and gas properties	(221,642)	0
Settlement paid on derivative contracts	(1,396,697)	(2,488,702)
Settlement of asset retirement obligation	(118,260)	0
Stock-based compensation expense	836,949	738,789
Deferred income tax expense (benefit)	439,857	(651,606)
Changes in assets and liabilities:
Accounts receivable	(5,472,585)	(3,558,519)
Prepaid income taxes and other current assets	(205,717)	(6,920)
Accounts payable, royalties payable and other accrued liabilities	1,511,652	3,237,559
Income taxes payable	2,021,246	1,016,153
Net cash provided by operating activities	29,415,667	13,526,750
Cash flows from investing activities:
Additions to unproved oil and gas properties	(226,439)	(140,498)
Additions to proved oil and gas properties	(5,528,037)	(3,479,386)
Additions to gathering system properties	(129,985)	(199,801)
Additions to land, buildings and property and equipment	(13,258)	(5,745)
Proceeds from sale of oil and gas properties	200,000	0
Prepaid drilling costs	0	379
Net cash used in investing activities	(5,697,719)	(3,825,051)
Cash flows from financing activities:
Buyback of common shares	(6,234,879)	(2,377,181)
Exercise of stock options	747,112	0
Dividends	(4,422,720)	0
Net cash used in financing activities	(9,910,487)	(2,377,181)
Effect of currency rates on cash, cash equivalents and restricted cash (Deprecated 2022)	(48,272)	(1,257)
Increase in cash, cash equivalents and restricted cash	13,759,189	7,323,261
Cash, cash equivalents and restricted cash, beginning of period	27,065,423	13,836,771
Cash, cash equivalents and restricted cash, end of period	40,824,612	21,160,032
Supplemental cash flow disclosures:
Income taxes paid	7,626,000	1,164,025
Interest paid	50,872	78,980
Non-cash investing and financing activities:
Change in unproved properties accrued in accounts payable and accrued liabilities	0	(65,000)
Change in proved properties accrued in accounts payable and accrued liabilities	(194,391)	(18,150)
Change in gathering system accrued in accounts payable and accrued liabilities	12,882	16,225
Asset retirement obligation asset additions and adjustments	$ 10,821	$ (29,853)