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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 742,087 $ 217
Joint interest billing receivable 7,940 0
Prepaid assets and other current assets 75,000 23,750
Total current assets 825,027 23,967
Noncurrent assets:    
Property and equipment, net 54,378 0
Oil and gas property, unproved, full cost 1,311,003 145,791
Total noncurrent assets 1,365,381 145,791
Total assets 2,190,408 169,758
Current liabilities:    
Accounts payable and accrued expenses 186,421 270,250
Accounts payable and accrued expenses - related parties 203,484 228,668
Interest payable - related parties 83,817 77,563
Advances from related parties 0 628,550
Note payable - related party 0 65,000
Derivative liability 275,120 145,041
Convertible note payable 1,210,000 1,210,000
Total current liabilities 2,091,465 2,625,072
Asset retirement obligation 918 918
Total liabilities 3,265,839 2,783,218
Commitments and contingencies
Stockholders' deficit:    
Preferred stock, 10,000,000 shares authorized:Series A convertible preferred stock, $0.001 par value, 2,000,000 shares authorized and 0 shares issued and outstanding 0 0
Common stock, $0.001 par value, 65,000,000 shares authorized and 21,612,326 and 18,824,106 shares issued and outstanding, respectively 21,612 18,824
Additional paid-in capital 5,479,066 2,739,634
Accumulated deficit (6,576,109) (5,371,918)
Total stockholders' deficit (1,075,431) (2,613,460)
Total liabilities and stockholders' deficit 2,190,408 169,758
Convertible Credit Line Payable, Related Party [Member]    
Current liabilities:    
Convertible note payable 132,623 0
Convertible credit line payable – related party, net of discount $11,100 0 157,228
Secured Senior Secured Convertible Note [Member]    
Current liabilities:    
Senior secured convertible notes payable, related party, net of discount of $146,504 $ 1,173,456 $ 0