| Summary of oil and gas activities by classification and geographical cost |
|
|
| December 31, 2019
|
|
| Adjustments
|
|
| Impairments
|
|
| December 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proved developed producing oil and gas properties
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States cost center
|
| $
| 76,532,985
|
|
| $
| 27,319,089
|
|
| $
| (22,500,000
| )
|
| $
| 81,352,074
|
|
| Accumulated depreciation, depletion and amortization
|
|
| (7,608,544
| )
|
|
| (9,039,777
| )
|
|
| -
|
|
|
| (16,648,321
| )
|
| Proved developed producing oil and gas properties, net
|
| $
| 68,924,441
|
|
| $
| 18,279,312
|
|
| $
| (22,500,000
| )
|
| $
| 64,703,753
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Undeveloped and non-producing oil and gas properties
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States cost center
|
| $
| 56,168,428
|
|
| $
| 6,040,841
|
|
| $
| (15,000,000
| )
|
| $
| 47,209,269
|
|
| Accumulated depreciation, depletion and amortization
|
|
| (5,350,753
| )
|
|
| (4,405,833
| )
|
|
| -
|
|
|
| (9,756,586
| )
|
| Undeveloped and non-producing oil and gas properties, net
|
| $
| 50,817,675
|
|
| $
| 1,635,008
|
|
| $
| (15,000,000
| )
|
| $
| 37,452,683
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Oil and Gas Properties, Net
|
| $
| 119,742,116
|
|
| $
| 19,914,320
|
|
| $
| (37,500,000
| )
|
| $
| 102,156,436
|
|
|
|
| December 31, 2018
|
|
| Adjustments
|
|
| Impairments
|
|
| December 31, 2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proved developed producing oil and gas properties
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States cost center
|
| $
| 81,936,721
|
|
| $
| (5,403,736
| )
|
| $
| -
|
|
| $
| 76,532,985
|
|
| Accumulated depreciation, depletion and amortization
|
|
| (604,735
| )
|
|
| (7,003,809
| )
|
|
| -
|
|
|
| (7,608,544
| )
|
| Proved developed producing oil and gas properties, net
|
| $
| 81,331,986
|
|
| $
| (12,407,545
| )
|
| $
| -
|
|
| $
| 68,924,441
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Undeveloped and non-producing oil and gas properties
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| United States cost center
|
| $
| 51,973,719
|
|
| $
| 4,194,709
|
|
| $
| -
|
|
| $
| 56,168,428
|
|
| Accumulated depreciation, depletion and amortization
|
|
| (1,480,813
| )
|
|
| (3,869,940
| )
|
|
| -
|
|
|
| (5,350,753
| )
|
| Undeveloped and non-producing oil and gas properties, net
|
| $
| 50,492,906
|
|
| $
| 324,769
|
|
| $
| -
|
|
| $
| 50,817,675
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Oil and Gas Properties, Net
|
| $
| 131,824,892
|
|
| $
| (12,082,776
| )
|
| $
| -
|
|
| $
| 119,742,116
|
|
|