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Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Oil and gas sales $ 47,651 $ 213,754
Royalty income 5,464 8,188
Total revenues 53,115 221,942
Operating expenses    
Lease operating expense 91,435 292,679
General and administrative 683,683 1,215,106
Depletion and depreciation 21,978 40,196
Accretion on asset retirement obligations 9,198 7,994
Total operating expenses (806,294) (1,555,975)
Loss from operations (753,179) (1,334,033)
Other income (expense)    
Foreign exchange loss (3,676) (3,310)
Other income 6,000 6,000
Finance expense (1,026) (1,182)
Change in fair value of warrant liability 23,334
Total other income (expense) 1,298 24,842
Net loss and comprehensive loss $ (751,881) $ (1,309,191)
Basic loss per common share $ (1.36) $ (2.71)
Diluted loss per common share $ (1.36) $ (2.71)
Weighted average number of common shares outstanding [1] 551,503 483,150
Weighted average number of common shares outstanding - Diluted [1] 551,503 483,150
[1] The number of shares has been restated to reflect the 4:1 reverse stock split effective on October 23, 2023 (Note 1). All historical share and per share amounts reflected in this report have been adjusted to reflect the reverse stock split (Note 1).