Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
SCHEDULE OF DERIVATIVE LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS

We measure certain financial instruments at fair value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows at March 31, 2021 and December 31,2020.

 

March 31, 2021   Level 1     Level 2     Level 3     Total  
Derivative liabilities     —       —       371,514       371,514  
ARO liabilities     —       —       3,746,828       3,746,828  
                                 
December 31, 2020                                
Derivative liabilities     —       —       183,798       183,798  
ARO liabilities     —       —       3,624,133       3,624,133