Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF STANDARDIZED MEASURE OF DISCOUNTED FUTURE NET CASH FLOWS (Details)

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SCHEDULE OF STANDARDIZED MEASURE OF DISCOUNTED FUTURE NET CASH FLOWS (Details) - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Extractive Industries [Abstract]      
Future cash inflows $ 95,454,352 $ 93,082,624  
Future production costs (49,218,382) (45,892,778)  
Future development costs (2,622,876) (1,867,485)  
Future income taxes  
Future net cash flows 43,613,094 45,322,361  
Discount of future net cash flows at 10% per annum``` (20,782,000) (27,929,984)  
Standardized measure of discounted future net cash flows $ 22,831,094 $ 17,392,377 $ 7,956,920