SUPPLEMENTAL CASH FLOW DISCLOSURES

12 Months Ended

Dec. 31, 2022

Supplemental Cash Flow Information [Abstract]

SUPPLEMENTAL CASH FLOW DISCLOSURES [Text Block]

22. SUPPLEMENTAL CASH FLOW DISCLOSURES

Year ended December 31,		2022			2021
Supplementary cash flow information
Cash paid for interest	$	7,903,446		$	2,278,570
Cash paid for income taxes		-			-
Non-Cash Investing Activities
Property, plant and equipment non-cash accruals	$	43,487,444		$	15,752,315
Capitalized asset retirement obligations		110,480			217,471
Acquisition of oil and natural gas properties via share issuance		-			3,499,995
	$	43,597,924		$	19,469,781
Non-Cash Financing Activities
Redemption of Redeemable NCI via issuance of Redeemable NCI	$	100,727,774		$	14,095,702
Redemption of Redeemable NCI via issuance of Origination Member Units		15,581,968			1,192,893
Redemption of Redeemable NCI via oil and gas property disposition		542,584			-
Redemption of promissory notes vis equity issuance		-			6,775,000
	$	116,852,326		$	22,063,595
Changes in Operating Assets and Liabilities
Accounts receivable, net	$	(7,668,573	)	$	(12,675,672	)
Prepaid expenses		(540,223	)		(510,063	)
Accounts payable and accrued liabilities		4,699,365			19,986,246
Asset backed preferred instrument accrued interest		-			1,857,351
Asset retirement obligation settlements		(127,862	)		-
Operating lease asset		(235,564	)		-
Operating leases liability		103,302			9,542
	$	(3,769,555	)	$	8,667,404