SEGMENTATION - Assets and liabilities (Details) - USD ($) |
Mar. 31, 2025 |
Dec. 31, 2024 |
Mar. 31, 2024 |
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SEGMENTATION | |||
Cash and cash equivalents | $ 1,033,596 | $ 1,053,744 | |
Property, plant and equipment, net | 4,481,609 | 3,809,742 | |
Oil and natural gas properties, net (full cost) | 652,296 | $ 790,093 | |
Single reportable segment | |||
SEGMENTATION | |||
Cash and cash equivalents | 1,033,596 | $ 127,078 | |
Property, plant and equipment, net | 4,481,609 | 3,807,981 | |
Oil and natural gas properties, net (full cost) | $ 652,296 | $ 776,816 |
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated depletion, of oil and gas properties subject to amortization accounted for under full cost method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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