2021

2020

Cash Paid for Interest

$

469,638

$

306,333

Non-cash Investing and Financing Activities:

Non-cash Additions to Asset Retirement Obligations

$

6,117,709

$

9,508,484

Unsecured Convertible Note conversion

$

1,500,000

$

—

Purchases of oil and natural gas properties and deposits in accounts and notes payable, royalty suspense, and contingent payable to seller

$

290,325

$

2,569,863

Note payable issued - PIE Agreement (see Note 8)

$

147,686

$

—

Equipment purchased utilizing notes payable

$

199,226

$

—

Forgiveness of PPP loan

$

160,700

$

—

Shares and warrants issued for Secured Convertible Note

$

4,594,500

$

—