XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues    
Oil and gas sales $ 123,215 $ 47,651
Royalty income 3,566 5,464
Total revenues 126,781 53,115
Operating expenses    
Lease operating expense 428,268 91,435
General and administrative 1,274,526 683,683
Depletion and depreciation 55,719 21,978
Accretion on asset retirement obligations 14,971 9,198
Gain on settlement of trade payables (197,207)
Total operating expenses (1,576,277) (806,294)
Loss from operations (1,449,496) (753,179)
Other income (expense)    
Foreign exchange gain (loss) 22,105 (3,676)
Other income 6,000
Interest expense (295,981) (1,026)
Loss on debt extinguishment (105,349)
Total other income (expense) (379,225) 1,298
Net loss and comprehensive loss $ (1,828,721) $ (751,881)
Basic loss and comprehensive loss per common share $ (3.32) $ (1.36)
Diluted loss and comprehensive loss per common share $ (3.32) $ (1.36)
Weighted average number of common shares outstanding - Basic 551,503 551,503
Weighted average number of common shares outstanding - Diluted 551,503 551,503