- Definition

Exploration expenses (including prospecting) related to oil and gas producing entities and would be included in operating expenses of that entity. Costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property (sometimes referred to in part as prospecting costs) and after acquiring the property. Principal types of exploration costs, which include depreciation and applicable operating costs of support equipment and facilities and other costs of exploration activities, are: (i) Costs of topographical, geographical and geophysical studies, rights of access to properties to conduct those studies, and salaries and other expenses of geologists, geophysical crews, and others conducting those studies. Collectively, these are sometimes referred to as geological and geophysical or "G&G" costs. (ii) Costs of carrying and retaining undeveloped properties, such as delay rentals, ad valorem taxes on properties, legal costs for title defense, and the maintenance of land and lease records. (iii) Dry hole contributions and bottom hole contributions. (iv) Costs of drilling and equipping exploratory wells. (v) Costs of drilling exploratory-type stratigraphic test wells.

+ References + Details

Exploration and Evaluation Assets and Expenses - Schedule of Exploration and Evaluation Expenses (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	$ 271,345	$ 71,020	$ 377,757	$ 125,696
Personnel [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	135,234	36,942	174,549	49,272
Geological [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	22,873		22,873
Land management [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	93,384	33,167	157,931	72,235
Other [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	19,854	911	22,404	4,189
Berlin (Colombia) [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	78,136	56,498	116,158	79,842
Berlin (Colombia) [Member] \| Personnel [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	60,999	36,631	93,192	48,961
Berlin (Colombia) [Member] \| Geological [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	7,832		7,832
Berlin (Colombia) [Member] \| Land management [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	5,943	19,641	11,772	30,655
Berlin (Colombia) [Member] \| Other [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	3,362	226	3,362	226
Laguna Salada (Argentina) [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	54,956	9,747	71,823	31,091
Laguna Salada (Argentina) [Member] \| Personnel [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	35,972	154	39,533	154
Laguna Salada (Argentina) [Member] \| Geological [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	1,615		1,615
Laguna Salada (Argentina) [Member] \| Land management [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	14,218	8,921	26,249	28,626
Laguna Salada (Argentina) [Member] \| Other [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	3,151	672	4,426	2,311
Huemul (Argentina) [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	138,253	4,775	189,776	14,763
Huemul (Argentina) [Member] \| Personnel [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	38,263	157	41,824	157
Huemul (Argentina) [Member] \| Geological [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	13,426		13,426
Huemul (Argentina) [Member] \| Land management [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	73,223	4,605	119,910	12,954
Huemul (Argentina) [Member] \| Other [Member]
Schedule of Impairment of Mineral Properties [Line Items]
Exploration and Evaluation Expenses	$ 13,341	$ 13	$ 14,616	$ 1,652