v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues:    
Revenues $ 1,947,203 $ 2,262,339
Costs and Expenses:    
Oil and Gas Lease Operating 1,323,333 1,983,173
Severance Taxes 73,377 81,832
Impairment 27,250 400,719
Depreciation, Depletion, Amortization, and Accretion 259,438 308,523
Settlement of Asset Retirement Obligation (18,710) 0
General and Administrative 1,632,103 1,633,740
Credit Loss Expense 137,221 450,743
Legal and Accounting 446,593 582,413
Marketing 302,455 347,044
Total Costs and Expenses 4,183,060 5,788,187
Gain on Turnkey Drilling Programs 1,322,149 1,607,677
Loss from Operations (913,708) (1,918,171)
Other Income (Expense):    
Interest Expense (404,051) (304,873)
Interest Income 66,079 46,528
Gain on Sale of Assets 0 17,500
Total Other Expense (net) (337,972) (240,845)
Net Loss $ (1,251,680) $ (2,159,016)
Basic Loss Per Share (in Dollars per share) $ (0.01) $ (0.03)
Diluted Loss Per Share (in Dollars per share) $ (0.01) $ (0.03)
Weighted average number of common shares outstanding, basic and diluted (in Shares) 96,600,302 77,278,047
Weighted average number of common shares outstanding, basic and diluted (in Shares) 96,600,302 77,278,047
Oil and Gas [Member]    
Revenues:    
Revenues $ 1,926,442 $ 2,246,073
Management Service [Member]    
Revenues:    
Revenues $ 20,761 $ 16,266