REVENUE

9 Months Ended

12 Months Ended

Jun. 30, 2023

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

REVENUE

3. REVENUE

Revenue from contracts with customers is presented in “Oil and gas sales” on the Consolidated Statements of Loss.

As of June 30, 2023 and September 30, 2022, receivable from contracts with customers, included in trade and other receivables, were $52,201 and $56,639, respectively.

The following table present our revenue from contracts with customers disaggregated by product type and geographic areas.

Three months ended June 30, 2023	Texas		New Mexico		Total
Crude oil	$	113,471	$	42,230	$	155,701
Natural gas		1,015		-		1,015
Revenue	$	114,486	$	42,230	$	156,716

Three months ended June 30, 2022	Texas		New Mexico		Total
Crude oil	$	205,861	$	36,562	$	242,423
Natural gas		16,334		-		16,334
Revenue	$	222,195	$	36,562	$	258,757

Nine months ended June 30, 2023	Texas		New Mexico		Total
Crude oil	$	417,050	$	116,285	$	533,335
Natural gas		8,124		-		8,124
Revenue	$	425,174	$	116,285	$	541,459

Nine months ended June 30, 2022	Texas		New Mexico		Total
Crude oil	$	445,769	$	84,809	$	530,578
Natural gas		46,666		-		46,666
Revenue	$	492,435	$	84,809	$	577,244

3. REVENUE

Revenue from contracts with customers is presented in “Oil and gas sales” on the Consolidated Statement of Loss and Comprehensive Loss.

As of September 30, 2022 and September 30, 2021, receivable from contracts with customers, included in trade and other receivables, were $56,639 and $nil, respectively.

The following table present our revenue from contracts with customers disaggregated by product type and geographic areas.

Year ended September 30, 2022	Texas		New Mexico		Total
Crude oil	$	621,275	$	140,236	$	761,511
Natural gas		53,880		-		53,880
Revenue from contracts with customers	$	675,155	$	140,236	$	815,391

Year ended September 30, 2021	Texas		New Mexico		Total
Crude oil	$	44,425	$	-	$	44,425
Natural gas		2,278		-		2,278
Revenue from contracts with customers	$	46,703	$	-	$	46,703