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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Oil and gas sales $ 270,627 $ 3,839
Lease operating expenses 573,770 15,652
Gross loss (303,143) (11,813)
Operating expenses:    
Professional services 407,765 96,916
Board of director fees 156,000 192,000
General and administrative 692,937 725,832
Gain on settlement of accounts payable 0 (120,250)
Total operating expenses 1,256,702 894,498
Loss from operations (1,559,845) (906,311)
Other income (expense):    
Interest expense (194,416) (131,117)
Gain (loss) on change in fair value of derivative liabilities 171,712 (33,310)
Total other income (expense) (22,704) (164,427)
Net loss $ (1,582,549) $ (1,070,738)
Loss per share:    
Basic (in dollars per share) $ (0.08) $ (0.06)
Diluted (in dollars per share) $ (0.08) $ (0.06)
Weighted average shares outstanding:    
Basic (in shares) 19,802,657 18,329,925
Diluted (in shares) 19,802,657 18,329,925