v3.25.4
OIL AND GAS PROPERTIES
9 Months Ended
Sep. 30, 2025
Extractive Industries [Abstract]  
OIL AND GAS PROPERTIES

NOTE 8 - OIL AND GAS PROPERTIES

 

During the three and nine months ended September 30, 2025, the Company recorded depletion expense of $40,027. During the three and nine months ended September 30, 2024, the Company recorded no depletion expense. 

 

During the three and nine months ended September 30, 2025, the Company recorded impairment expense of $198,950. During the three and nine months ended September 30, 2024, the Company recorded no impairment expense. 

 

Geographical Information

 

Substantially all of the Company’s revenue and long lived assets are located in Texas.