Quarterly report pursuant to Section 13 or 15(d)

Company Overview and Operations (Tables)

v3.23.1
Company Overview and Operations (Tables)
3 Months Ended
Mar. 31, 2023
Company Overview and Operations  
Schedule of Oil and gas reserves

Proceeds from sale

 

$ 3,590,000

 

Reduction in oil & gas full cost pool (based on % of reserves disposed)

 

 

(12,791,680 )

ARO recovered

 

 

239,975

 

Loss on disposal

 

$ (8,961,705 )