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INVESTMENT IN RELATED PARTY	9 Months Ended
Sep. 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 5 and 9), 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 and is the lender under the Company’s Senior Secured Convertible Note Agreement, as well as the lender of a portion of the Unsecured Convertible Notes issued by the Company (See Note 9). The investment was mutually terminated on August 19, 2021. The proceeds from the termination were applied to the outstanding balance of the Senior Secured Convertible Note Payable.

INVESTMENT IN RELATED PARTY

9 Months Ended

Sep. 30, 2021

3.       INVESTMENT IN RELATED PARTY

Concurrent with the acquisition and financing of the XTO properties (See Notes 5 and 9), 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 and is the lender under the Company’s Senior Secured Convertible Note Agreement, as well as the lender of a portion of the Unsecured Convertible Notes issued by the Company (See Note 9). The investment was mutually terminated on August 19, 2021. The proceeds from the termination were applied to the outstanding balance of the Senior Secured Convertible Note Payable.