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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Oil and gas sales $ 146,270 $ 198,444
Lease operating expenses 411,133 573,770
Gross loss (264,863) (375,326)
Operating expenses:    
Professional services 540,544 407,765
Board of director fees 496,010 156,000
General and administrative 705,486 728,733
Total operating expenses 1,742,040 1,292,498
Loss from operations (2,006,903) (1,667,824)
Other income (expense):    
Other income 0 0
Interest expense (241,747) (224,077)
Gain on change in fair value of derivative liabilities 0 171,712
Total other income (expense) (241,747) (52,365)
Net loss $ (2,248,650) $ (1,720,189)
Loss per share:    
Basic (in dollars per share) $ (0.1) $ (0.09)
Diluted (in dollars per share) $ (0.1) $ (0.09)
Weighted average shares outstanding:    
Basic (in shares) 21,710,349 19,802,657
Diluted (in shares) 21,710,349 19,802,657