EVALUATED PROPERTIES (Details Narrative) |
6 Months Ended | 12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Jul. 06, 2021
USD ($)
|
May 01, 2020
a
|
Aug. 06, 2019
USD ($)
|
Jun. 30, 2021
USD ($)
|
Dec. 31, 2019
USD ($)
|
Apr. 08, 2021
USD ($)
|
Dec. 31, 2020
USD ($)
|
Jul. 27, 2020
USD ($)
a
|
Sep. 30, 2019
USD ($)
|
Aug. 15, 2019
USD ($)
|
|
| Increased working interest | 50.00% | |||||||||
| Oil and gas | a | 28,000 | |||||||||
| Proposed amount on OCD | $ 35,100 | |||||||||
| TLSAU [Member] | ||||||||||
| Area of Land | a | 4,880 | |||||||||
| Blue Sky [Member] | ||||||||||
| Business combination, description | The total purchase price of the property was $2,000,000 (CND), with $1,000,000 of that total due initially. The additional $1,000,000 was contingent on the future price of WTI crude. At the time WTI price exceeded $50/bbl, the Company would pay an additional $750,000 (CND). In addition, at the time WTI price exceeded $57/bbl the Company would pay an additional $250,000 (CND) (for a cumulative contingent total of $1,000,000 The price of WTI crude exceeded $50/bbl on January 6, 2021, and exceeded $57/bbl on February 8, 2021. The additional payments due were netted with the accounts receivable balance from previous Joint Interest Billing statements from BSR. The total USD value of the addition was $787,250, using prevailing exchange rates on the respective dates. Included in the terms of the agreement, the Company also funded their portion of the Alberta Energy Regulator (“AER”) bond fund requirement ($621,999), necessary for the wells to continue in production after the acquisition. Additional funds ($399,564 USD) remain in the other current asset balance for future payments from BSR, related to the acquisition. | |||||||||
| Settlement Agreement [Member] | ||||||||||
| Reserves forfeited percentage | 56.00% | 56.00% | ||||||||
| Full cost pools reserves forfeited | $ 943,820 | |||||||||
| Net property balance | $ 10,175,456 | $ 10,175,456 | ||||||||
| Property write down value | $ 5,648,994 | |||||||||
| Settlement Agreement [Member] | Moon Company [Member] | ||||||||||
| Area of Land | a | 3,800 | |||||||||
| NOACK [Member] | Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] | ||||||||||
| Principal payment | $ 400,000 | |||||||||
| Deposits | $ 380,000 | $ 20,000 | ||||||||
| Proceeds from sale of intangible assets | $ 375,000 | |||||||||
| Accounts receivable, sale | $ 25,000 | $ 25,000 | ||||||||
| Gain (loss) on sale of properties | $ 400,000 | |||||||||
| Remitted a cash payment | 8,995 | |||||||||
| Outstanding property tax | $ 16,005 | |||||||||
| Vermilion Energy Inc [Member] | ||||||||||
| Increased working interest | 100.00% |