2022 Form 10-K Financial Statement

#000149315223004359 Filed on February 13, 2023

View on sec.gov

Income Statement

Concept 2022 2021
Revenue $815.4K $106.9K
YoY Change 662.83% -88.35%
Cost Of Revenue $829.2K $75.40K
YoY Change 999.72% -89.94%
Gross Profit $49.27K $31.49K
YoY Change 56.46% -81.28%
Gross Profit Margin 6.04% 29.46%
Selling, General & Admin $2.796M $593.7K
YoY Change 371.0% 4.83%
% of Gross Profit 5675.66% 1885.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $105.5K $123.3K
YoY Change -14.4% 69.02%
% of Gross Profit 214.13% 391.39%
Operating Expenses $3.779M $731.8K
YoY Change 416.38% 4.5%
Operating Profit -$2.900M -$700.3K
YoY Change 314.15% 31.61%
Interest Expense $9.360K $11.12K
YoY Change -15.8% -133.25%
% of Operating Profit
Other Income/Expense, Net $185.6K -$38.34K
YoY Change -584.14% -165.68%
Pretax Income -$2.715M -$1.588M
YoY Change 70.95% -5.97%
Income Tax -$244.0K $0.00
% Of Pretax Income
Net Earnings -$2.715M -$1.588M
YoY Change 70.95% -5.97%
Net Earnings / Revenue -332.92% -1485.59%
Basic Earnings Per Share -$1.76 -$1.84
Diluted Earnings Per Share -$1.76 -$38.98K
COMMON SHARES
Basic Shares Outstanding 1.543M shares 679.0K shares
Diluted Shares Outstanding 385.8K shares

Balance Sheet

Concept 2022 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.301M $32.79K
YoY Change 9965.57% 345.52%
Cash & Equivalents $3.301M $25.81K
Short-Term Investments
Other Short-Term Assets $317.3K $58.77K
YoY Change 439.87% -98.5%
Inventory
Prepaid Expenses
Receivables $137.2K $16.50K
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.755M $108.1K
YoY Change 3374.91% -97.29%
LONG-TERM ASSETS
Property, Plant & Equipment $8.668M $10.08M
YoY Change -14.02% 98.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $145.0K $184.2K
YoY Change -21.26% -29.0%
Total Long-Term Assets $8.813M $10.27M
YoY Change -14.15% 92.06%
TOTAL ASSETS
Total Short-Term Assets $3.755M $108.1K
Total Long-Term Assets $8.813M $10.27M
Total Assets $12.57M $10.37M
YoY Change 21.15% 11.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.561M $403.0K
YoY Change 287.45% -42.81%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $142.5K $163.4K
YoY Change -12.77% 35.18%
Total Short-Term Liabilities $1.704M $697.9K
YoY Change 144.15% -81.01%
LONG-TERM LIABILITIES
Long-Term Debt $164.2K $74.34K
YoY Change 120.85% -57.45%
Other Long-Term Liabilities $236.4K $2.069M
YoY Change -88.57% 95.89%
Total Long-Term Liabilities $400.6K $2.144M
YoY Change -81.31% 74.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.704M $697.9K
Total Long-Term Liabilities $400.6K $2.144M
Total Liabilities $2.104M $2.841M
YoY Change -25.94% -42.09%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.46M $7.532M
YoY Change
Total Liabilities & Shareholders Equity $12.57M $10.37M
YoY Change 21.15% 11.16%

Cashflow Statement

Concept 2022 2021
OPERATING ACTIVITIES
Net Income -$2.715M -$1.588M
YoY Change 70.95% -5.97%
Depreciation, Depletion And Amortization $105.5K $123.3K
YoY Change -14.4% 69.02%
Cash From Operating Activities -$2.024M -$968.1K
YoY Change 109.06% -17670.6%
INVESTING ACTIVITIES
Capital Expenditures $1.686M -$335.3K
YoY Change -602.86% 93.84%
Acquisitions
YoY Change
Other Investing Activities $1.442M
YoY Change -45451.26%
Cash From Investing Activities -$1.686M $1.107M
YoY Change -252.32% -728.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.985M 86.68K
YoY Change 7958.04% -50.3%
NET CHANGE
Cash From Operating Activities -$2.024M -968.1K
Cash From Investing Activities -$1.686M 1.107M
Cash From Financing Activities $6.985M 86.68K
Net Change In Cash $3.275M 225.4K
YoY Change 1352.64% 5863.76%
FREE CASH FLOW
Cash From Operating Activities -$2.024M -$968.1K
Capital Expenditures $1.686M -$335.3K
Free Cash Flow -$3.710M -$632.9K
YoY Change 486.23% -454.58%

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23600 usd
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6984711 usd
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InterestPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Nature Of Operations
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<p id="xdx_80D_eus-gaap--NatureOfOperations_zGfLY2kWS0K6" style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><b>1.</b> <span style="text-transform: uppercase"><b><span id="xdx_828_zr3ORYMYHu19">BACKGROUND</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt"><span style="text-transform: uppercase"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">Permex Petroleum Corporation (the “Company”) was incorporated on <span id="xdx_908_edei--EntityIncorporationDateOfIncorporation_dd_c20211001__20220930_zIAKg6dAnUMg" title="Date of incorporation">April 24, 2017</span> under the laws of British Columbia, Canada and maintains its head office at Suite 925, 2911 Turtle Creek Blvd, Dallas, Texas, 75219. Its registered office is located at 10<sup>th</sup> floor, 595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5. The Company is primarily engaged in the acquisition, development and production of oil and gas properties in the United States. The Company’s oil and gas interests are located in Texas and New Mexico, USA. The Company is listed on the Canadian Securities Exchange (the “CSE”) under the symbol “OIL” and on the OTCQB under the symbol “OILCF”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">On October 26, 2022, the Company’s board of directors approved a reverse stock split of the Company’s issued and outstanding common stock at a 1 for 60 ratio, which was effective November 2, 2022. The par value and authorized shares of common stock were not adjusted as a result of the reverse stock split. All issued and outstanding common stock, options, and warrants to purchase common stock and per share amounts contained in the financial statements have been retroactively adjusted to reflect the reverse stock split for all periods presented.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"> </p>
CY2022 dei Entity Incorporation Date Of Incorporation
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CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
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CY2022 us-gaap Use Of Estimates
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<p id="xdx_842_eus-gaap--UseOfEstimates_zMmXDrMSEQde" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"><b><span id="xdx_86E_zMc2Jcjb5Nz9">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements and the reported amount of revenue and expenses during the reporting period. Management evaluates these estimates and judgments on an ongoing basis and bases its estimates on experience, current and expected future conditions, third-party evaluations and various other assumptions that management believes are reasonable under the circumstances.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify">Significant estimates have been used by management in conjunction with the following: (i) petroleum and natural gas reserves; (ii) the fair value of assets when determining the existence of impairment factors and the amount of impairment, if any; (iii) the costs of site restoration when determining asset retirement obligations; (iv) income taxes receivable or payable; (v) the useful lives of assets for the purposes of depreciation; (vi) general credit risk associated with receivables and other assets; and (vii) share-based payments. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify"> </p>
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ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.9656 pure
CY2022 OILCF Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Option Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsOptionGranted
10.17
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
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CY2021 OILCF Expected Income Tax Recovery At Statutory Rates
ExpectedIncomeTaxRecoveryAtStatutoryRates
-188000 usd
CY2021 OILCF Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageGrantDateFairValue
9.48
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
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CY2021 OILCF Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirationsWeightedAverageGrantDateFairValue
13.46
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
208333 shares
CY2021Q3 OILCF Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageGrantDateFairValue
9.42
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
888763 shares
CY2022 OILCF Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageGrantDateFairValue
12.91
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1097096 shares
CY2022Q3 OILCF Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageGrantDateFairValue
12.12
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
1097096 shares
OILCF Gain On Fair Value Adjustment Of Warrants
GainOnFairValueAdjustmentOfWarrants
178509 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-2714616 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1253242 usd
CY2022 OILCF Expected Income Tax Recovery At Statutory Rates
ExpectedIncomeTaxRecoveryAtStatutoryRates
-407000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-244000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-137000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-42000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-7000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
32000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
59000 usd
CY2022 OILCF Permanent Differences
PermanentDifferences
103000 usd
CY2021 OILCF Permanent Differences
PermanentDifferences
1000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
53000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
11000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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675000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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401000 usd
CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 OILCF Expected Income Tax Recovery
ExpectedIncomeTaxRecovery
-651000 usd
CY2021 OILCF Expected Income Tax Recovery
ExpectedIncomeTaxRecovery
-338000 usd
CY2022 OILCF Deferred Income Tax Recovery
DeferredIncomeTaxRecovery
651000 usd
CY2021 OILCF Deferred Income Tax Recovery
DeferredIncomeTaxRecovery
338000 usd
CY2022Q3 OILCF Deferred Tax Assets Non Capital Loss Carryforwards
DeferredTaxAssetsNonCapitalLossCarryforwards
1342000 usd
CY2021Q3 OILCF Deferred Tax Assets Non Capital Loss Carryforwards
DeferredTaxAssetsNonCapitalLossCarryforwards
780000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
74000 usd
CY2021Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
9000 usd
CY2022Q3 OILCF Financing Fees
FinancingFees
216000 usd
CY2021Q3 OILCF Financing Fees
FinancingFees
38000 usd
CY2022Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1484000 usd
CY2021Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
809000 usd
CY2022Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1484000 usd
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
809000 usd
CY2022Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
801000 usd
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
140000 usd
CY2022 OILCF Income Tax Expratiin Date Non Capital Losses
IncomeTaxExpratiinDateNonCapitalLosses
with expiration dates ranging from 2037 to 2042 and 2037 to 2041
CY2021 us-gaap Acquisition Costs
AcquisitionCosts
3699215 usd
CY2022 us-gaap Development Costs
DevelopmentCosts
1676668 usd
CY2021 us-gaap Development Costs
DevelopmentCosts
9403 usd
CY2022 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
1676668 usd
CY2021 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
3708618 usd
CY2022 us-gaap Results Of Operations Revenue Other
ResultsOfOperationsRevenueOther
815391 usd
CY2021 us-gaap Results Of Operations Revenue Other
ResultsOfOperationsRevenueOther
46703 usd
CY2022 us-gaap Production Costs
ProductionCosts
829194 usd
CY2021 us-gaap Production Costs
ProductionCosts
59671 usd
CY2022 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
99855 usd
CY2021 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
52439 usd
CY2022 OILCF Results Of Operations Expenses From Oil And Gas Producing Activities
ResultsOfOperationsExpensesFromOilAndGasProducingActivities
113658 usd
CY2021 OILCF Results Of Operations Expenses From Oil And Gas Producing Activities
ResultsOfOperationsExpensesFromOilAndGasProducingActivities
65407 usd
CY2022 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
-113658 usd
CY2021 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
-65407 usd
CY2020Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
3706360
CY2020Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
740180
CY2020Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
3829723 boe
CY2021 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
-88263
CY2021 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
38640
CY2021 srt Proved Developed And Undeveloped Reserve Net Energy Period Increase Decrease
ProvedDevelopedAndUndevelopedReserveNetEnergyPeriodIncreaseDecrease
-81823 boe
CY2021 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
5408560
CY2021 srt Proved Developed And Undeveloped Reserves Purchases Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace
2859590
CY2021 srt Proved Developed And Undeveloped Reserve Improved Recovery Energy
ProvedDevelopedAndUndevelopedReserveImprovedRecoveryEnergy
5885158 boe
CY2021 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
2826290
CY2021 srt Proved Developed And Undeveloped Reserves Sales Of Minerals In Place
ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace
618650
CY2021 srt Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
2929398 boe
CY2021 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
947
CY2021 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
1410
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
1182 boe
CY2021Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
6199420
CY2021Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
3018350
CY2021Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
6702478 boe
CY2022 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
48320
CY2022 srt Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
-5613
CY2022 srt Proved Developed And Undeveloped Reserve Net Energy Period Increase Decrease
ProvedDevelopedAndUndevelopedReserveNetEnergyPeriodIncreaseDecrease
47385 boe
CY2022 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
10670
CY2022 srt Proved Developed And Undeveloped Reserves Production
ProvedDevelopedAndUndevelopedReservesProduction
11567
CY2022 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
12598 boe
CY2022Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
6237070
CY2022Q3 srt Proved Developed And Undeveloped Reserves Net
ProvedDevelopedAndUndevelopedReservesNet
3001170
CY2022Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
6737265 boe
CY2020Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
549390
CY2020Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
82430
CY2020Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
563128 boe
CY2021Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
587450
CY2021Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
411910
CY2021Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
656102 boe
CY2022Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
1153870
CY2022Q3 srt Proved Developed Reserves Volume
ProvedDevelopedReservesVolume
864770
CY2022Q3 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
1297998 boe
CY2020Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
3156970
CY2020Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
657750
CY2020Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
3266595 boe
CY2019Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
5611970
CY2019Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
2606440
CY2019Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
6046377 boe
CY2022Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
5083200
CY2022Q3 srt Proved Undeveloped Reserve Volume
ProvedUndevelopedReserveVolume
2136400
CY2022Q3 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
5439267 boe
CY2021Q3 us-gaap Area Of Land
AreaOfLand
1246 acre
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
589481000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
355958000 usd
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
91630000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
69683000 usd
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
71700000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
71700000 usd
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
113873000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
57206000 usd
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
312278000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
157369000 usd
CY2022Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
167549000 usd
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
84100000 usd
CY2022Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
144729000 usd
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
73269000 usd
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
73269000 usd
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
20797000 usd
CY2021 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
62682000 usd
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
125927000 usd
CY2022 OILCF Previously Estimated Development Cost Incurred
PreviouslyEstimatedDevelopmentCostIncurred
-1674000 usd
CY2021 OILCF Previously Estimated Development Cost Incurred
PreviouslyEstimatedDevelopmentCostIncurred
1751000 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
88333000 usd
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
32573000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
10077000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
1498000 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
-49000 usd
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
13000 usd
CY2022 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-911000 usd
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
21339000 usd
CY2022 OILCF Increase Decrease In Timing Of Future Production
IncreaseDecreaseInTimingOfFutureProduction
3099000 usd
CY2021 OILCF Increase Decrease In Timing Of Future Production
IncreaseDecreaseInTimingOfFutureProduction
2580000 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
26387000 usd
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
19187000 usd
CY2022Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
144729000 usd
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
73269000 usd

Files In Submission

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