v3.26.1
ACQUISITION (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF ACQUISITION

The preliminary purchase price allocation is as follows:

 

Fair value of net assets acquired   
Fair value of net assets acquired    
Cash and cash equivalents  $6,951,006 
Accounts receivable   32,906 
Prepaid expenses - others   483,810 
Oil and gas properties, full cost method   1,362,248 
Refundable acquisition deposit   160,000 
Other assets   3,167 
Goodwill   12,986,150 
Total Assets Acquired   21,979,287 
Accounts payable and accrued liabilities   (193,266)
Other payables   (19,581)
Asset retirement obligation   (32,248)
Total Liabilities Assumed   (245,095)
Total Purchase Price  $21,734,192 
SCHEDULE OF PRO FORMA FINANCIAL INFORMATION

The following unaudited pro forma financial information presents the combined results of operations for the Company and AGIG for the years December 31, 2025, and 2024, respectively. The unaudited condensed consolidated pro forma results of operations are as follows:

 

         
    Year Ended
December 31,		 
    2025    2024 
Revenue  $623,534   $560,180 
Net loss  $(13,942,176)  $(30,022,391)