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Balance Sheets - USD ($)
Oct. 31, 2024
Oct. 31, 2023
Current assets:    
Cash $ 285,945 $ 1,561,924
Prepaid expenses and other receivables 279,274 133,417
Total current assets 565,219 1,695,341
Oil and gas properties - not subject to amortization 11,119,119 9,947,742
Total assets 11,684,338 11,643,083
Current liabilities:    
Accounts payable and accrued liabilities 1,036,291 609,360
Asset retirement obligations – current 2,778 2,778
Convertible note, net of discounts 1,217,597
Due to operators 103,146 21,651
Promissory notes, net of discounts 742,852
Other current liabilities 454,966
Total current liabilities 2,590,699 1,851,386
Long-term liabilities:    
Asset retirement obligations, net of current portion 51,091 48,313
Total non-current liabilities 51,091 48,313
Total liabilities 2,641,790 1,899,699
Commitments and Contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 500,000 shares authorized; -0- shares issued and outstanding at October 31, 2024 and 2023, respectively
Common stock, $0.0001 par value; 24,500,000 shares authorized; 3,203,068 and 1,552,328 shares issued and outstanding as of October 31, 2024 and 2023, respectively 320 155
Stock subscription receivable (10,010) (10,010)
Additional paid-in capital 29,125,917 20,200,121
Accumulated deficit (20,073,679) (10,446,882)
Total stockholders’ equity 9,042,548 9,743,384
Total liabilities and stockholders’ equity 11,684,338 11,643,083
Related Party [Member]    
Current liabilities:    
Note payable - related party 135,000
Payable – related party $ 115,666