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Condensed Interim Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues        
Oil and gas sales $ 122,827 $ 27,815 $ 246,042 $ 75,466
Royalty income 3,079 3,055 6,645 8,519
Other operating income 170,000 170,000
Total revenues 295,906 30,870 422,687 83,985
Operating expenses        
Lease operating expense 92,496 63,449 520,764 154,884
General and administrative 977,543 361,219 2,238,951 1,044,902
Depletion and depreciation 50,157 17,976 105,876 39,954
Accretion on asset retirement obligations 14,971 9,198 29,942 18,396
Gain on settlement of trade payables (184,089)
Total operating expenses (1,135,167) (451,842) (2,711,444) (1,258,136)
Loss from operations (839,261) (420,972) (2,288,757) (1,174,151)
Other income (expense)        
Foreign exchange gain (loss) (220) 3,617 21,885 (59)
Other income 2,000 8,000
Interest expense (473,656) (769,637) (1,026)
Loss on debt extinguishment (105,349)
Total other income (expense) (473,876) 5,617 (853,101) 6,915
Net loss and comprehensive loss $ (1,313,137) $ (415,355) $ (3,141,858) $ (1,167,236)
Basic loss per common share $ (2.38) $ (0.75) $ (5.70) $ (2.12)
Diluted loss per common share $ (2.38) $ (0.75) $ (5.70) $ (2.12)
Weighted average number of common shares outstanding - basic 551,503 551,503 551,503 551,503
Weighted average number of common shares outstanding - diluted 551,503 551,503 551,503 551,503