Quarterly report pursuant to Section 13 or 15(d)

Company Overview and Operations (Details)

v3.22.1
Company Overview and Operations (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Derivative liability - hedge contracts $ 17,012,033  
Accounts payable 9,490,055  
Undistributed revenues 3,832,112  
Asset retirement obligations 4,532,844  
Accrued expenses 584,678  
Total liabilities 114,984,987  
Oil and gas properties, full cost method 80,782,053  
Accounts receivable 9,672,343  
Cash and equivalent 5,025,891  
long term debt 79,533,265  
Other assets 47,596  
Total assets 95,527,883  
Gain on disposition 19,457,104  
Total liabilities 40,505,292 $ 40,122,627
Total assets 69,088,217 $ 58,150,856
Ichor [Member]    
Derivative liability - hedge contracts 11,394,674  
Accounts payable 2,723,855  
Undistributed revenues 2,649,830  
Asset retirement obligations 2,002,178  
Accrued expenses 96,115  
Oil and gas properties, full cost method 55,920,606  
Accounts receivable 4,146,858  
Cash and equivalent 3,448,979  
long term debt 50,467,725  
Other assets 0  
Gain on disposition 5,817,934  
Total liabilities 69,334,377  
Total assets 63,516,443  
Elysium [Member]    
Derivative liability - hedge contracts 5,617,359  
Accounts payable 6,766,200  
Undistributed revenues 1,182,282  
Asset retirement obligations 2,530,666  
Accrued expenses 488,563  
Oil and gas properties, full cost method 24,861,447  
Accounts receivable 5,525,485  
Cash and equivalent 1,576,912  
long term debt 29,065,540  
Other assets 47,596  
Gain on disposition 13,639,170  
Total liabilities 45,650,610  
Total assets $ 32,011,440