Annual report pursuant to Section 13 and 15(d)

Nature of Business and Going Concern (Details Narrative)

v3.21.1
Nature of Business and Going Concern (Details Narrative)
1 Months Ended 12 Months Ended
Feb. 04, 2020
May 10, 2019
integer
May 02, 2019
integer
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Loan amount       $ 33,600,000    
Stock based compensation       5,625,302 $ 951,533  
Accretion - asset retirement obligation       1,111,266    
Depreciation, depletion and amortization       13,513,735    
Change in fair value of derivatives       (5,485,573) 3,308,880  
Stockholders' deficit       (16,302,163) 8,666,855 $ 21,215,017
Long-term debt       111,753,164 99,592,928  
Accrued expenses       3,857,655 3,229,594  
Net loss       (63,988,245) (19,390,850)  
Impairment of oil and gas properties       37,500,000 $ 0  
Working capital deficiency       $ (35,000,000)    
Mid-Con Development, LLC [Member]            
Number of oil lease | integer     41      
Elysium Energy [Member]            
Acquisition description Elysium hedged 75% of the estimated oil and gas production associated with the newly acquired assets for 2020, 60% of the estimated production for 2021 and 50% of the estimated production for the period between January 2022 to July 2022. Theses hedges have a floor of $45 and a ceiling ranging from $52.70 to $56 for oil, and a floor of $2 and a ceiling of $2.425 for natural gas.          
Petrodome Louisiana Pipeline, LLC [Member]            
Area of oil and gas acquisition   765 acre        
Producing wells | integer   1        
Gas well | integer   6        
Petrodome Energy, LLC [Member]            
Producing wells | integer   1