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Condensed Interim Consolidated Statements of Loss
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2022
USD ($)
$ / shares
shares
Sep. 30, 2021
USD ($)
$ / shares
shares
Revenues            
Oil and gas sales $ 156,716 $ 258,757 $ 541,459 $ 577,244 $ 815,391 $ 46,703
Royalty income 303 17,965 18,140 47,813 63,068 37,922
Total revenues 157,019 276,722 559,599 625,057 878,459 84,625
Operating expenses            
Production         829,194 59,671
Lease operating expense 235,511 135,467 762,668 332,346
General and administrative 788,659 1,053,070 3,014,307 2,067,042 2,796,395 496,381
Depletion and depreciation 37,286 73,093 120,459 161,988 105,503 60,479
Accretion on asset retirement obligations 7,994 8,238 23,982 24,714 55,030 19,907
Foreign exchange gain (loss) 3,310 (22,337) 7,690 (13,723) (7,429) 24,301
Forfeiture of reclamation deposit         50,165
Loss on disposal of property and equipment         613,457
Total operating expenses (1,072,760) (1,247,531) (3,929,106) (2,572,367) (3,778,693) (1,324,361)
Loss from operations (915,741) (970,809) (3,369,507) (1,947,310) (2,900,234) (1,239,736)
Other income (expense)            
Interest income 108 108 2 5,895
Other income 6,000 4,000 18,000 16,000 24,000
Forgiveness of loan payable 7,900 7,900 7,800
Finance expense (1,026) (2,598) (2,208) (27,246) (30,586) (13,506)
Gain on settlement of warrant liability (930) (930)
Change in fair value of warrant liability 136 72,838 22,570 152,869 178,509
Total other income 6,148 82,140 39,400 149,525 185,618 (13,506)
Net loss and comprehensive loss (909,593) (888,669) (3,330,107) (1,797,785) (2,714,616) (1,253,242)
Deemed dividend arising from warrant modification (543,234) (543,234)
Net loss attributable to common stockholders $ (1,452,827) $ (888,669) $ (3,873,341) $ (1,797,785)
Other comprehensive income            
Foreign currency translation adjustment         142,889
Comprehensive loss         $ (2,714,616) $ (1,110,353)
Loss per common share, basic | $ / shares $ (0.74) $ (0.46) $ (1.99) $ (1.27) $ (1.76) $ (1.84)
Loss per common share, diluted | $ / shares $ (0.74) $ (0.46) $ (1.99) $ (1.27) $ (1.76) $ (1.84)
Gain on settlement of warrant liability $ 930 $ 930
Weighted average number of common shares outstanding, basic | shares 1,964,147 [1] 1,932,604 [1] 1,943,118 [1] 1,411,734 [1] 1,543,021 678,958
Weighted average number of common shares outstanding, diluted | shares [1] 1,964,147 1,932,604 1,943,118 1,411,734    
[1] The number of shares has been restated to reflect the 60:1 reverse stock split (Note 1)