| SCHEDULE OF CHANGE IN ASSET RETIREMENT OBLIGATIONS |
SCHEDULE
OF CHANGE IN ASSET RETIREMENT OBLIGATIONS
| |
|
Canadian properties |
|
|
United States properties |
|
|
Total |
|
| Asset retirement obligations, December 31, 2020 |
|
$ |
2,711,909 |
|
|
$ |
912,224 |
|
|
$ |
3,624,133 |
|
| Plugging liability at Twin Lakes |
|
|
— |
|
|
|
132,000 |
|
|
|
132,000 |
|
| Accretion expense |
|
|
290,367 |
|
|
|
26,506 |
|
|
|
316,873 |
|
| Disposition |
|
|
(1,824,339 |
) |
|
|
— |
|
|
|
(1,824,339 |
) |
| Foreign currency translation |
|
|
8,360 |
|
|
|
— |
|
|
|
8,360 |
|
| Asset retirement obligations, December 31, 2021 |
|
$ |
1,186,297 |
|
|
$ |
1,070,730 |
|
|
$ |
2,257,027 |
|
| Accretion expense |
|
|
35,636 |
|
|
|
6,842 |
|
|
|
42,478 |
|
| Foreign currency translation |
|
|
17,749 |
|
|
|
— |
|
|
|
17,749 |
|
| Asset retirement obligations, March 31, 2022 |
|
$ |
1,239,682 |
|
|
$ |
1,077,572 |
|
|
$ |
2,317,254 |
|
|