REVENUE

3 Months Ended

Dec. 31, 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 December 31, 2024 and September 30, 2024, receivables from contracts with customers, included in trade and other receivables, were $45,420 and $26,873, respectively.

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

Three months ended December 31, 2024	Texas		New Mexico		Total
Crude oil	$	123,215	$	-	$	123,215
Natural gas		-		-		-
Revenue from contracts with customers	$	123,215	$	-	$	123,215

Three months ended December 31, 2023	Texas		New Mexico		Total
Crude oil	$	29,624	$	18,027	$	47,651
Natural gas		-		-		-
Revenue from contracts with customers	$	29,624	$	18,027	$	47,651