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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
OIL AND GAS REVENUE $ 115,805 $ 204,390 $ 263,490 $ 434,414
EXPENSES OF OPERATIONS        
Lease operating expense and severance tax 142,203 101,714 305,233 215,400
General and administrative expense 355,747 716,615 713,554 1,046,434
Depreciation and depletion 28,107 44,941 63,085 91,896
Total operating expenses 526,057 863,270 1,081,872 1,353,730
Loss from operations (410,252) (658,880) (818,382) (919,316)
OTHER INCOME, NET        
Interest income 28,241 44,135 59,455 74,635
Other income 292,926 314,364 654,142 648,475
Total other income 321,167 358,499 713,597 723,110
Net (loss) income before taxes (89,085) (300,381) (104,785) (196,206)
Income tax expense    
Net (loss) income $ (89,085) $ (300,381) $ (104,785) $ (196,206)
Basic net income ( loss) per common share $ (0.01) $ (0.03) $ (0.01) $ (0.02)
Diluted net income ( loss) per common share $ (0.01) $ (0.03) $ (0.01) $ (0.02)
Basic weighted average number of common shares outstanding 10,906,353 10,896,996 10,906,353 10,659,076
Diluted weighted average number of common shares outstanding 10,906,353 10,896,996 10,906,353 10,659,076