SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jul. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of disaggregation of revenue

	Three Months Ended July 31,
	2022		2021
Base overriding royalties	$	(4,402,501)	$	16,645,464
Bonus royalties		(10)		10,910,823
Fee royalties		1,462		187,749
Total royalty income (loss)	$	(4,401,049)	$	27,744,036

	Six Months Ended July 31,
	2022		2021
Base overriding royalties	$	3,829,720	$	22,284,617
Bonus royalties		5,722,317		14,483,164
Fee royalties		242,403		378,422
Total royalty income	$	9,794,440	$	37,146,203