Oil and Gas Properties |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Extractive Industries [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Oil and Gas Properties | Note 3 – Oil and Gas Properties
The following table summarizes the Company’s oil and gas activities by classification for the nine months ended November 30, 2025:
The depletion recorded for production on proved properties for the three months ended November 30, 2025 and 2024, amounted to $5,468 and $14,493, respectively. The depletion recorded for production on proved properties for the nine months ended November 30, 2025 and 2024, amounted to $29,050 and $54,014, respectively.
During the nine months ended November 30, 2025 and 2024, there were no ceiling test write-downs of the Company’s oil and gas properties.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||