Annual report pursuant to Section 13 and 15(d)

Relationship with and Ownership by Camber Energy, Inc (Details Narrative)

v3.21.1
Relationship with and Ownership by Camber Energy, Inc (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Jan. 08, 2021
Dec. 11, 2020
Feb. 15, 2021
Dec. 23, 2020
Dec. 31, 2020
Dec. 31, 2019
Repayments of related party debt         $ 31,433 $ 0
common stock, par value         $ 0.001 $ 0.001
Elysium Energy Holdings, LLC [Member]            
Proceeds from related party debt       $ 12,000,000    
maturity date       Dec. 11, 2022    
Issuance of promissory note , principal       $ 12,000,000    
Interest rate       10.00%    
promissory note issued to related party   6,000,000        
Securities Purchase Agreement [Member]            
Acquired Shares       26,274,510    
Cash payment       $ 10,900,000    
Cancelation of promissory notes       $ 9,200,000    
Minimum Ownership percentage       51.00%    
Feburary 3, 2020 [Member]            
Secured promissory note principal, amount         $ 20,869,218  
Subsequent Event [Member]            
Extinguishment of promissory note $ 18,900,000          
Subsequent Event [Member] | EMC Capital Partners [Member]            
Convertible Preferred Stock issued 1,890          
Acquired Shares 16,153,846          
Subsequent Event [Member] | Cancellation Agreement [Member]            
Repayments of related party debt $ 325,000          
Subsequent Event [Member] | Merger Agreement [Member]            
Minimum Ownership percentage     9.99%      
common stock, par value     $ 0.001      
Camber Energy, Inc [Member] | December 23, 2020 [Member]            
Acquired interest rate         51.00%  
Camber Energy, Inc [Member] | Subsequent Event [Member] | December 23, 2020 [Member]            
Convertible Preferred Stock issued 1,890          
Acquisition percentage upon outstanding common shares 62.00%