v3.26.1
OIL AND NATURAL GAS PROPERTIES (Tables)
9 Months Ended
Jul. 31, 2026
Extractive Industries [Abstract]  
SCHEDULE OF OIL AND NATURAL GAS PROPERTIES

The following tables summarize the Company’s oil and gas activities.

 

  

As of

July 31, 2026

  

As of

October 31, 2025

 
         
Oil and gas properties – not subject to amortization  $13,145,432   $12,143,122 
Accumulated impairment   -    - 
Less: accumulated depreciation of asset retirement cost   (8,074)   - 
Oil and gas properties – not subject to amortization, net  $13,137,358   $12,143,122 
SCHEDULE OF ASSET RETIREMENT OBLIGATIONS

The following table reconciles the Company’s asset retirement obligations for the nine months ended July 31, 2026:

 

         
Balance at October 31, 2025   $ 56,647  
Liabilities incurred – December 2025 Novacor Acquisition     124,201  
Liabilities incurred – Alberta wells     38,120  
Liabilities settled     -  
Accretion expense     10,257  
Revisions in estimated cash flows     -  
Foreign currency translation     (3,633 )
Balance at July 31, 2026     225,592  
Less current portion     (14,990 )
Asset Retirement Obligations, net of current portion   $ 210,602