v3.26.1
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Income:      
Royalty income $ 76,283 $ 135,006 $ 199,435
Operating Expenses:      
Professional fees 22,712 12,399 28,740
Office and sundry 505 389 799
Consulting fees 46,640 115,562 180,097
Transfer agent fees 2,400 2,527 2,374
Oil & gas properties expense 27,888 25,907 22,689
Total operating expenses 100,145 156,784 234,699
Other income (expense):      
Interest income 3,138 5,093 4,861
Other income 33,633 724
Interest expense (380) (509) (618)
Foreign exchange gain (loss) 2,308 (4,329) 4,702
Change in fair value of derivative liability (19,791) (875) (683)
Total other income (expense) (14,725) 33,013 8,987
Net income (loss) before taxes (38,587) 11,235 (26,277)
Income tax benefit (expense) 0 0 0
Net income (loss) (38,587) 11,235 (26,277)
Other comprehensive loss      
Foreign currency translation adjustment (1,047) (1,838) (769)
Comprehensive income (loss) $ (39,634) $ 9,397 $ (27,046)
Earnings per common share (Note 3)      
Basic $ (0.00) $ 0.00 $ (0.00)
Diluted $ (0.00) $ 0.00 $ (0.00)
Weighted average number of shares outstanding:      
Basic 20,085,119 20,085,119 20,085,119
Diluted 20,085,119 20,085,119 20,085,119