v3.26.1
ACQUISITION (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
SCHEDULE OF ACQUISITION

The purchase price allocation is as follows:

 

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 three and six months ended June 30, 2025 The unaudited condensed consolidated pro forma results of operations are as follows:

 

   Three Months Ended
June 30, 2025		   Six Months Ended
June 30, 2025		 
Revenue  $594,184   $696,529 
Net loss  $(3,867,794)  $(23,621,506)