Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Details 3)

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Summary of Significant Accounting Policies (Details 3) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Summary of Significant Accounting Policies        
Oil $ 9,518,232 $ 6,372,765 $ 24,460,736 $ 18,837,695
Natural gas and natural gas liquids 4,206,625 2,107,471 12,929,513 6,378,731
Settlements on Hedge Contracts (3,819,148) 1,134,927 (6,896,901) 5,547,192
Other income (225,048) 534,224 378,025 723,584
Total revenue $ 9,680,661 $ 10,149,387 $ 30,871,373 $ 31,487,202