INVESTMENT IN RELATED PARTY	6 Months Ended
Jun. 30, 2021
Investment In Related Party
INVESTMENT IN RELATED PARTY	3. INVESTMENT IN RELATED PARTY Concurrent with the acquisition and financing of the XTO properties (See Notes 7 and 11), the Company made an investment in Energy Evolution Fund LP, an affiliate of Energy Evolution Ltd, a related party, in the amount of $1,250,000. The Energy Evolution Fund, LP is a hedge fund focused on global petroleum and sustainable energy. The investment in related party is accounted for as an investment in an equity security and recorded at historical cost. The investment was mutually terminated on August 19, 2021 (See Note 17).

INVESTMENT IN RELATED PARTY

6 Months Ended

Jun. 30, 2021

3. INVESTMENT IN RELATED PARTY

Concurrent with the acquisition and financing of the XTO properties (See Notes 7 and 11), the Company made an investment in Energy Evolution Fund LP, an affiliate of Energy Evolution Ltd, a related party, in the amount of $1,250,000. The Energy Evolution Fund, LP is a hedge fund focused on global petroleum and sustainable energy. The investment in related party is accounted for as an investment in an equity security and recorded at historical cost. The investment was mutually terminated on August 19, 2021 (See Note 17).