PROPERTY AND EQUIPMENT

6 Months Ended

Mar. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

	March 31, 2025			September 30, 2024
Oil and natural gas properties, at cost	$	10,892,639		$	10,600,489
Less: accumulated depletion		(434,061	)		(330,036	)
Oil and natural gas properties, net		10,458,578			10,270,453
Other property and equipment, at cost		18,505			18,505
Less: accumulated depreciation		(9,561	)		(7,710	)
Other property and equipment, net		8,944			10,795
Property and equipment, net	$	10,467,522		$	10,281,248

Depletion and depreciation expense was $50,157 and $17,976 for the three-month periods ended March 31, 2025 and 2024, respectively. Depletion and depreciation expense was $105,876 and $39,954 for the six-month periods ended March 31, 2025 and 2024, respectively