REVENUE

9 Months Ended

Jun. 30, 2024

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 Operations.

As of June 30, 2024 and September 30, 2023, receivable from contracts with customers, included in trade and other receivables, were $2,983 and $48,165, respectively.

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

Three months ended June 30, 2024	Texas		New Mexico		Total
Crude oil	$	-	$	-	$	-
Natural gas		-		-		-
Revenue	$	-	$	-	$	-

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

Nine months ended June 30, 2024	Texas		New Mexico		Total
Crude oil	$	39,857	$	35,609	$	75,466
Natural gas		-		-		-
Revenue	$	39,857	$	35,609	$	75,466

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