OIL AND GAS PROPERTIES |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Extractive Industries [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
OIL AND GAS PROPERTIES | NOTE 3 - OIL AND GAS PROPERTIES
During the three and six months ended June 30, 2025, the Company recorded depletion expense of $44,804 and $66,689, respectively. During the three and six months ended June 30, 2024, the Company recorded depletion expense of $28,107 and $63,085, respectively.
Geographical Information
The Company currently has properties in the United States. Revenues for the six months ended June 30, 2025 and long-lived assets (net of depletion, amortization, and impairments) as of June 30, 2024 are presented below:
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