Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information and Geographic Data (Details)

v3.22.1
Business Segment Information and Geographic Data (Details) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Estimated Revenues if Sales Target Achieved** $ 5,920,117 $ 10,494,079
Cost of goods 2,451,309 0
Lease operating costs 568,515 4,746,016
General and administrative 5,294,161 1,121,235
Stock based compensation 292,808 273,750
Accretion - ARO 35,066 $ 142,366
Depreciation, depletion and amortization 499,769  
Total operating expenses 9,141,628  
Income (loss) from operations (3,221,511)  
Segment Assets 44,107,184  
Corporate and unallocated assets 24,981,033  
Total Consolidated Asssets 69,088,217  
Oil and Gas Properties [Member]    
Estimated Revenues if Sales Target Achieved** 1,678,817  
Cost of goods 0  
Lease operating costs 568,515  
General and administrative 2,585,003  
Stock based compensation 292,808  
Accretion - ARO 35,066  
Depreciation, depletion and amortization 414,204  
Total operating expenses 3,895,596  
Income (loss) from operations (2,216,779)  
Segment Assets 18,393,576  
Corporate and unallocated assets 0  
Total Consolidated Asssets 0  
Power Generation    
Estimated Revenues if Sales Target Achieved** 4,241,300  
Cost of goods 2,451,309  
Lease operating costs 0  
General and administrative 2,709,158  
Stock based compensation 0  
Accretion - ARO 0  
Depreciation, depletion and amortization 85,565  
Total operating expenses 5,246,032  
Income (loss) from operations (1,004,732)  
Segment Assets 25,713,608  
Corporate and unallocated assets 0  
Total Consolidated Asssets $ 0