Quarterly report pursuant to Section 13 or 15(d)

Going Concern (Details Narrative)

v3.21.2
Going Concern (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Company Overview and Operations            
Notes payable $ 4,700,000   $ 4,700,000      
Derivative liability 16,074,519   16,074,519   $ 893,458  
Term loan 30,700,000   30,700,000      
Revolving credit 5,665,000   5,665,000      
Stock based compensation     470,598      
Accretion - asset retirement obligation     438,225      
Depreciation, depletion and amortization 6,844,553   6,844,553      
Change in fair value of derivatives (3,425,097) $ (5,018,338) (16,401,270) $ 8,569,093    
Loss on financing settlements     2,774,341      
Stockholders' deficit (8,115,975) 10,020,811 (8,115,975) 10,020,811 $ (16,302,163) $ 8,666,855
Long-term debt 93,007,847   93,007,847      
Net income (loss)     (27,983,342) (14,275,646)    
Amortization of debt discount 1,261,618 $ 3,228,124 3,406,654 $ 6,005,728    
Working capital deficiency $ (60,000,000)   $ (60,000,000)