v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 37,423,185 $ 231,058
Prepaid expenses and other current assets 680,200
Total Current Assets 38,103,385 231,058
Non-current Assets    
Oil and natural gas properties, full cost method  17,512,053
Prepaid exploration costs and deposits 11,935,024 1,440,870
Property and equipment, net 16,896
Total Noncurrent Assets 29,463,973 1,440,870
Total Assets 67,567,358 1,671,928
Current Liabilities    
Accounts payable and accrued expenses 1,363,865 398,795
Total Current Liabilities 1,363,865 398,795
Total Liabilities 1,363,865 398,795
Stockholders’ Equity    
Preferred stock, $0.0001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025
Common stock, $0.0001 par value per share; 500,000,000 shares authorized; 43,730,194 and 19,074,158 shares issued and outstanding as of June 30, 2026 and December 31, 2025 4,373 1,907
Additional paid-in capital 76,217,135 5,640,713
Subscription receivable (90,000)
Accumulated deficit (10,018,015) (4,279,487)
Total Stockholders’ Equity 66,203,493 1,273,133
Total Liabilities and Stockholders’ Equity $ 67,567,358 $ 1,671,928