Schedule of Oil and Gas Properties |
Schedule of Oil and Gas Properties
| |
SASB | | |
Cendere | | |
Total | |
December
31, 2020 | |
$ | 1,236,954 | | |
$ | 987,519 | | |
$ | 2,224,473 | |
Expenditures | |
| 66,122 | | |
| - | | |
| 66,122 | |
Depletion | |
| (188,446 | ) | |
| (227,240 | ) | |
| (415,686 | ) |
Change
in ARO estimate | |
| (459,601 | ) | |
| 5,305 | | |
| (454,296 | ) |
December
31, 2021 | |
| 655,029 | | |
| 765,584 | | |
| 1,420,613 | |
Beginning Balance | |
| 655,029 | | |
| 765,584 | | |
| 1,420,613 | |
Expenditures | |
| 13,202,574 | | |
| - | | |
| 13,202,574 | |
Depletion | |
| (66,568 | ) | |
| (145,193 | ) | |
| (211,761 | ) |
Change
in ARO estimate | |
| (1,011,016 | ) | |
| (5,562 | ) | |
| (1,016,578 | ) |
Foreign
currency translation change | |
| (2,011,190 | ) | |
| - | | |
| (2,011,190 | ) |
September
30, 2022 | |
$ | 10,768,829 | | |
$ | 614,829 | | |
$ | 11,383,658 | |
Ending Balance | |
$ | 10,768,829 | | |
$ | 614,829 | | |
$ | 11,383,658 | |
|