|
FY2025
12 months to Dec 31, 2025
|
FY2024
12 months to Dec 31, 2024
|
FY2023
12 months to Dec 31, 2023
|
|
|---|---|---|---|
| Net loss | |||
| Impairment loss on oil and gas properties | |||
| Loss on disposition of proved resources | |||
| Depletion expense | |||
| Accretion of asset retirement obligations | |||
| Common stock issued for services and salaries | |||
| Accounts receivable | |||
| Prepaid expense | |||
| Accounts payable and accrued liabilities | |||
| Net cash provided by (used in) operating activities | |||
| Payments of loans payable - related party | |||
| Payments of loans payable – SBA PPP Loan | |||
| Proceeds for stock subscriptions payable | |||
| Net cash used in financing activities | |||
| Net change in cash | |||
| Cash - beginning of period | |||
| Cash - end of period | |||
| Cash paid for interest | |||
| Cash paid for taxes | |||
| Supplemental disclosure of non-cash investing activities: | |||
| ARO assumed from acquisitions | |||
| Change in estimate of ARO Asset and related liability | |||
| Capital expenditures on oil and natural gas properties included in accounts payable | |||
| Supplemental disclosure of non-cash financing activities: | |||
| Cash paid for interest | |||
| Common stock issued for acquisitions | |||
| Preferred stock issued for accrued compensation | |||
| ARO assumed from acquisitions | |||
| Change in estimate of ARO Asset and related liability | |||
| Common shares issued for accrued compensation | |||
| Common shares issued for acquisitions | |||
| Common shares issued upon conversion of Series A Preferred shares |
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