Quarterly report pursuant to Section 13 or 15(d)

Relationship with and Ownership by Camber Energy, Inc (Details Narrative)

v3.21.2
Relationship with and Ownership by Camber Energy, Inc (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jan. 08, 2021
Dec. 11, 2020
Jul. 29, 2021
Feb. 15, 2021
Dec. 23, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Extinguishment of promissory note $ 18,900,000.0                
Additional shares of common stock     2,750,000            
Aggregate purchase price     $ 11,000,000            
Ownership shares issued and outstanding     73.00%            
Repayments of related party debt             $ 60,843 $ 0  
Common stock, par value             $ 0.001   $ 0.001
Loss on debt settlement             $ 926,531 $ 931,894  
Series C Redeemable Convertible Preferred Stock [Member]                  
Convertible preferred stock issued 1,890                
Loss on debt settlement $ (926,531)         $ 0      
Convertible preferred stock, amount 19,622,000                
Cancellation Agreement [Member]                  
Repayments of related party debt $ 325,000                
Merger Agreement [Member]                  
Minimum Ownership percentage       9.99%          
Common stock, par value       $ 0.001          
Series A preferred stock conversion description       Each share of Camber Series A Preferred Stock will convert into 890 shares of common stock          
Elysium Energy Holdings, LLC [Member]                  
Proceeds from related party debt         $ 12,000,000        
maturity date         Dec. 11, 2022        
Issuance of promissory note , principal         $ 12,000,000        
Interest rate         10        
promissory note issued to related party   6,000,000              
EMC Capital Partners [Member]                  
Convertible preferred stock issued 1,890                
Acquired Shares 16,153,846                
Securities Purchase Agreement [Member]                  
Acquired Shares         26,274,510        
Cash payment         $ 10,900,000        
Cancelation of promissory notes         $ 9,200,000        
Minimum Ownership percentage         51.00%        
Feburary 3, 2020 [Member]                  
Secured promissory note principal, amount             $ 20,869,218    
Camber Energy, Inc [Member] | December 23, 2020 [Member]                  
Convertible preferred stock issued 1,890                
Acquisition percentage upon outstanding common shares 62.00%                
Ownership interest after july transaction             73.00%