Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information and Geographic Data (Details)

v3.23.1
Business Segment Information and Geographic Data (Details) - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Estimated Revenues if Sales Target Achieved** $ 7,244,189 $ 5,920,117
Cost of goods 4,786,631 2,451,309
Lease operating costs 125,363 568,515
General and administrative 3,050,321 5,294,161
Stock based compensation 0 292,808
Accretion - ARO 31,382 35,066
Depreciation, depletion and amortization 231,148 499,769
Total operating expenses 8,224,845 9,141,628
Income (loss) from operations (980,656) (3,221,511)
Segment Assets 29,300,426 44,107,184
Corporate and unallocated assets 20,192,137 24,981,033
Total Consolidated Asssets 49,492,563 69,088,217
Oil and Gas Properties [Member]    
Estimated Revenues if Sales Target Achieved** 245,197 1,678,817
Cost of goods 0 0
Lease operating costs 125,363 568,515
General and administrative 828,479 2,585,003
Stock based compensation 0 0
Accretion - ARO 31,382 0
Depreciation, depletion and amortization 134,535 414,204
Total operating expenses 1,119,759 3,895,596
Income (loss) from operations (874,562) (2,216,779)
Segment Assets 3,148,445 18,393,576
Power Generation    
Estimated Revenues if Sales Target Achieved** 6,998,992 4,241,300
Cost of goods 4,786,631 2,451,309
Lease operating costs 0 0
General and administrative 2,221,842 2,709,158
Stock based compensation 0 0
Accretion - ARO 0 0
Depreciation, depletion and amortization 96,613 85,565
Total operating expenses 7,105,086 5,246,032
Income (loss) from operations (106,094) (1,004,732)
Segment Assets $ 26,151,981 $ 25,713,608