EVALUATED PROPERTIES (Details Narrative) |
12 Months Ended | ||||||||||||||||||||||||
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Jul. 06, 2021
USD ($)
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Dec. 02, 2020
USD ($)
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May 01, 2020
a
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Aug. 06, 2019
USD ($)
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Apr. 15, 2019
USD ($)
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Nov. 02, 2018
USD ($)
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Sep. 17, 2018
USD ($)
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Jun. 29, 2018
a
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Jun. 08, 2018 |
Jun. 01, 2018
USD ($)
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Jun. 01, 2018
CAD ($)
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May 09, 2018
USD ($)
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Dec. 31, 2020
USD ($)
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Dec. 31, 2019
USD ($)
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Feb. 16, 2022 |
Feb. 22, 2021 |
Jul. 27, 2020
USD ($)
a
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Feb. 28, 2020
USD ($)
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Jan. 02, 2020
USD ($)
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Sep. 30, 2019
USD ($)
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Aug. 15, 2019
USD ($)
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Apr. 25, 2019
USD ($)
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Jan. 15, 2019
USD ($)
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Dec. 31, 2018
USD ($)
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Jun. 01, 2018
CAD ($)
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| Proceeds from 2nd NOACK sale | $ 375,000 | ||||||||||||||||||||||||
| Oil and Gas, Developed Acreage, Gross | a | 28,000 | ||||||||||||||||||||||||
| Debt instrument face amount | $ 500,000 | ||||||||||||||||||||||||
| Increased working interest | 50.00% | 28.00% | 28.00% | ||||||||||||||||||||||
| Acquisition Note [Member] | |||||||||||||||||||||||||
| Debt instrument face amount | $ 750,000 | ||||||||||||||||||||||||
| Debt interest rate | 9.00% | 15.00% | |||||||||||||||||||||||
| Debt instrument description | extend the maturity date for a period six months with 10 days’ notice to Blue Sky, in the event the Company pays 25% of the principal amount of the Acquisition Note at the time of extension | ||||||||||||||||||||||||
| Blue Sky [Member] | |||||||||||||||||||||||||
| Percentage of working interest acquired | 3.00% | 80.00% | |||||||||||||||||||||||
| Purchase price | $ 1,096,216 | $ 1,428,581 | |||||||||||||||||||||||
| Cash payment | 782,441 | $ 1,022,400 | |||||||||||||||||||||||
| Debt instrument face amount | $ 313,775 | ||||||||||||||||||||||||
| Cash payment for working interest acquired | $ 150,000 | ||||||||||||||||||||||||
| Business combination, description | The total purchase price of the property was $2,000,000 (CAD), 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. In addition, at the time WTI price exceeded $57/bbl the Company would pay an additional $250,000 (for a cumulative contingent total of $1,000,000). Note that WTI crude prices did not exceed those price thresholds until 2021, so the contingent $1,000,000 will not be recorded until 2021. Included in the terms of the agreement, the Company also funded their portion of the Alberta Energy Regulator (“AER”) bond fund requirement ($599,851 USD), necessary for the wells to continue in production after the acquisition. Additional funds ($385,336 USD) remain in the other current asset balance for future payments to BSR, related to the acquisition | ||||||||||||||||||||||||
| Proceeds from secured royalty interest | $ 602,404.84 | ||||||||||||||||||||||||
| Blue Sky [Member] | Acquisition Note [Member] | |||||||||||||||||||||||||
| Debt instrument face amount | $ 406,181 | ||||||||||||||||||||||||
| Settlement Agreement [Member] | |||||||||||||||||||||||||
| Reserves forfeited percentage | 56.00% | ||||||||||||||||||||||||
| Net property balance | $ 10,175,456 | ||||||||||||||||||||||||
| Property write down value | $ 5,648,994 | ||||||||||||||||||||||||
| Amended and Restated Loan Agreement [Member] | |||||||||||||||||||||||||
| Cash payment for working interest acquired | $ 1,530,000 | ||||||||||||||||||||||||
| Loan Agreement [Member] | |||||||||||||||||||||||||
| Debt instrument face amount | $ 200,000 | $ 200,000 | $ 50,000 | $ 1,000,000 | $ 125,000 | ||||||||||||||||||||
| Debt interest rate | 12.00% | 12.00% | 10.00% | 0.00% | 10.00% | 4.00% | 12.00% | ||||||||||||||||||
| Debt default percentage | 19.00% | 19.00% | |||||||||||||||||||||||
| Moon Company [Member] | Settlement Agreement [Member] | |||||||||||||||||||||||||
| Area of land | a | 3,800 | ||||||||||||||||||||||||
| TLSAU [Member] | |||||||||||||||||||||||||
| Area of land | a | 4,880 | ||||||||||||||||||||||||
| NOACK [Member] | Purchase and Sale Agreement [Member] | FlowTex Energy L.L.C. [Member] | |||||||||||||||||||||||||
| Proceeds from 2nd NOACK sale | 375,000 | ||||||||||||||||||||||||
| Deposit | $ 380,000 | $ 20,000 | |||||||||||||||||||||||
| Receivable for the sale | $ 25,000 | 25,000 | |||||||||||||||||||||||
| Debt payment principal | $ 400,000 | ||||||||||||||||||||||||
| Gain on sale of properties | $ 400,000 | ||||||||||||||||||||||||
| Remitted a cash payment | 8,995 | ||||||||||||||||||||||||
| Outstanding property tax | $ 16,005 | ||||||||||||||||||||||||
| NOACK [Member] | Crossroads Petroleum L.L.C. [Member] | |||||||||||||||||||||||||
| Leasehold net revenue interest, percentage | 83.00% | ||||||||||||||||||||||||
| Assets working interest | 100.00% | ||||||||||||||||||||||||
| Proceeds from 2nd NOACK sale | $ 375,000 | ||||||||||||||||||||||||
| Deposit | $ 260,000 | $ 115,000 | |||||||||||||||||||||||
| Receivable for the sale | $ 120,000 | ||||||||||||||||||||||||
| Payments for previous acquisitions forfeited | $ 255,000 | ||||||||||||||||||||||||
| SUDS [Member] | |||||||||||||||||||||||||
| Acquired field, description | The SUDS Field is a 2604-acre lease located in Creek County, 36 miles Southwest of Tulsa, Oklahoma. The field was first discovered in 1918 by SOHIO Oil Company utilizing over 100 wells with the primary objective to produce from the Dutcher Sands at an average well depth of 3,100 ft | ||||||||||||||||||||||||
| TLSAU [Member] | |||||||||||||||||||||||||
| Acquired field, description | TLSAU is located 45 miles from Roswell, Chaves County, New Mexico. The last independent reserve report prepared by MKM Engineering on December 31, 2020, reflects approximately 98,250 barrels of proven oil reserves remaining for the 100% working interest | ||||||||||||||||||||||||
| Luseland, Hearts Hill and Cuthbert Fields [Member] | |||||||||||||||||||||||||
| Assets working interest | 25.00% | ||||||||||||||||||||||||
| Acquired field, description | The Canadian Properties currently encompass 64 sections, with 240 oil and 12 natural gas wells currently producing on the properties. Additionally, there are several idle wells with potential for reactivation and 34 sections of undeveloped land (approximately 21,760 acres) | ||||||||||||||||||||||||
| Oil and Gas, Developed Acreage, Gross | a | 41,526 | ||||||||||||||||||||||||
| Vermilion Energy Inc [Member] | |||||||||||||||||||||||||
| Increased working interest | 100.00% | ||||||||||||||||||||||||