Oil and Gas Properties |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Aug. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Extractive Industries [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Oil and Gas Properties | Note 3 – Oil and Gas Properties
The following table summarizes the Company’s oil and gas activities by classification for the six months ended August 31, 2026:
The depletion recorded for production on proved properties for the three months ended August 31, 2026 and 2025, amounted to $9,513 and $9,013, respectively. The depletion recorded for production on proved properties for the six months ended August 31, 2026 and 2025, amounted to $11,576 and $23,582, respectively.
During the six months ended August 31, 2026 and 2025, there were no ceiling test write-downs of the Company’s oil and gas properties.
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