20.00%

Morgan sold certain of its wellbore interest in its initial 2 wells to a third party for $5.6 million in cash in exchange for a net revenue interest of approximately 27% in these wells

Increased debt financing total amount

$ 10.5

Morgan EP, LLC (Details Narrative) - MORGAN E&P, LLC [Member] $ in Millions	1 Months Ended				3 Months Ended
	Feb. 29, 2024 USD ($)	Sep. 26, 2023 a	May 31, 2023 USD ($)	May 22, 2023 a	Mar. 31, 2024 USD ($)	Dec. 31, 2023
Acquisition of land \| a		1,100		4,747.52
Working interest received				20.00%
Cost of drilling					$ 8.2
Purchase and sale agreement description						Morgan sold certain of its wellbore interest in its initial 2 wells to a third party for $5.6 million in cash in exchange for a net revenue interest of approximately 27% in these wells
Senior debt financing amount			$ 10.0
Increased debt financing total amount	$ 10.5
Depletion & amortization cost of oil and gas properties					$ 0.7