SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details Narrative) |
12 Months Ended | |||
---|---|---|---|---|
May 29, 2020
USD ($)
|
Dec. 31, 2022 |
Dec. 31, 2020
USD ($)
|
Dec. 31, 2020
CAD ($)
|
|
Property, Plant and Equipment [Line Items] | ||||
Payment of contingent consideration liability | $ 1,000,000 | $ 1,000,000 | ||
West texas intermediate terms description | 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). | At the time WTI price exceeded $50/bbl, the Company would pay an additional $750,000 CAD. In addition, at the time WTI price exceeded $57/bbl the Company would pay an additional $250,000 CAD (for a cumulative contingent total of $1,000,000 CAD). The price of WTI crude exceeded $50/bbl on January 6, 2021 and exceeded $57/bbl on February 8, 2021 | At the time WTI price exceeded $50/bbl, the Company would pay an additional $750,000 CAD. In addition, at the time WTI price exceeded $57/bbl the Company would pay an additional $250,000 CAD (for a cumulative contingent total of $1,000,000 CAD). The price of WTI crude exceeded $50/bbl on January 6, 2021 and exceeded $57/bbl on February 8, 2021 | |
Discount of future net cash flows interest rate | 10.00% | |||
Blue Sky Resources Ltd [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Proceeds from prevailing exchange rates | $ 787,250 | $ 787,250 | ||
Utikuma Field [Member] | ||||
Property, Plant and Equipment [Line Items] | ||||
Assets acquired, percentage | 50.00% | |||
Purchase price | $ 678,765 | |||
Asset retirement obligation | $ 906,146 |