Segment Reporting |
9 Months Ended |
|---|---|
Nov. 30, 2025 | |
| Segment Reporting [Abstract] | |
| Segment Reporting | Note 7 – Segment Reporting
The Company has one reportable segment, which encompasses the ownership and investment in oil and natural gas properties in the state of Texas. The segment’s revenues are derived from the Company’s interests in the sales of crude oil and natural gas.
The Company’s chief executive officer function as the chief operating decision maker (“CODM”) and manage the Company’s business activities as a single operating segment.
The accounting policies of the one reportable segment are identical to those described for the consolidated Company. The CODM uses condensed consolidated net income (loss), as reported in the unaudited condensed consolidated statement of operations, to measure segment profitability, assess performance, and manage strategic capital resource allocations. The measure of segment assets is reported as “Total assets” on the unaudited condensed consolidated balance sheets. The significant expense categories regularly provided to and reviewed by the CODM are those presented in the unaudited condensed consolidated statements of operations.
|