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ASSET RETIREMENT OBLIGATIONS
6 Months Ended
Jun. 30, 2026
Asset Retirement Obligation Disclosure [Abstract]  
ASSET RETIREMENT OBLIGATIONS

11.ASSET RETIREMENT OBLIGATIONS

 

The following is a reconciliation of the long term asset retirement obligations liability through June 30, 2026:

 

Asset retirement obligations – January 1, 2025  $1,099,311 
      
Accretion expense   7,197 
Estimated liabilities recorded   - 
Settlement of ARO obligation   (30,995)
      
Asset retirement obligations – December 31, 2025  $1,075,513 
      
Accretion expense   2,363 
Estimated liabilities recorded   - 
Settlement of ARO obligation   - 
      
Asset retirement obligations – June 30, 2026  $1,077,876