Commitments and Contingencies |
9 Months Ended |
|---|---|
Nov. 30, 2025 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Note 6 – Commitments and Contingencies
Office Lease
In September 2018, the Company moved to the offices of International Western Oil (“IWO”) in Weatherford, TX that is being rented on a month-to-month sublease basis at rate of $950 per month from IWO. During the three and nine months ended November 30, 2025 and three and nine month ended November 30, 2024, the Company incurred $2,850 for three months, and $8,550 for nine months, respectively, of rent expense under this lease that is included in lease operating expenses on the condensed consolidated statements of operations.
Leasehold Drilling Commitments
The Company’s oil and gas leasehold acreage is subject to expiration of leases if the Company does not drill and hold such acreage by production or otherwise exercises options to extend such leases, if available, in exchange for payment of additional cash consideration.
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