XML 46 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Acquisition of oil gas and properties (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Accounts payable, trade $ 1,937,743 $ 1,025,585
Note payable - current 1,301,618 96,704
Asset retirement obligations 15,364,217 5,788,280
Inventory of oil in tanks 531,309 476,305
Fair Value of Assets Acquired [Member]    
Accounts receivables 1,308,748 100,208
Oil and natural gas properties 10,878,430 10,397,821
Inventory of oil in tanks 438,320 147,297
Deposits 0 378,000
Equipment and gathering lines 0 109,200
Total Assets Acquired 12,625,498 11,132,526
Fair Value of Liability Assumed [Member]    
Accounts payable, trade 1,861,433 20,455
Note payable - current 0 378,000
Royalty suspense 0 1,185,587
Asset retirement obligations 5,117,939 9,508,484
Total liabilities assumed 6,979,372 11,092,526
Total consideration $ 5,646,126 $ 40,000