v3.26.1
Income Taxes - Net Deferred Tax Liabilities (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
State net operating loss carryforwards $ 2,030,390 $ 358,224
Canadian net operating loss carryforwards 12,839,073 11,084,754
ARO 1,768,208 873,169
Lease Liabilities 87,015 114,196
Other 275,810 159,582
Unrealized derivatives 0 116,743
Gross deferred tax assets 17,000,496 12,706,668
Valuation allowance (13,258,688) (11,213,899)
Total net deferred tax assets 3,741,808 1,492,769
Deferred tax liabilities:    
Oil and gas property (14,184,652) (12,620,466)
Partnership (1,413,943) (1,528,368)
ROU Assets (60,811) (82,512)
Unrealized derivatives (937,987) 0
Gross deferred tax liabilities (16,597,393) (14,231,346)
Net deferred tax liability $ (12,855,585) $ (12,738,577)