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RELATED PARTIES | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of transactions between related parties [abstract] |
RELATED PARTIES | 17. RELATED PARTIES Key management personnel includes the Board of Directors and executive officers of the Company. Key management personnel compensation is comprised of the following: SCHEDULE OF KEY MANAGEMENT PERSONNEL COMPENSATION
|  | 2023 |  |  | 2022 |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |
Short-term employee benefits |  | $ | 1,689 |  |  | $ | 781 |
Share-based payments |  |  | 670 |  |  |  | 257 |
Key management personnel compensation |  | $ | 2,359 |  |  | $ | 1,038 |
The Company purchased $486 of oil and gas assets from a related party for the year ended December 31, 2023. All transactions with related parties were conducted on terms equivalent to arm’s length transactions and in accordance with the Company’s normal business practices including repayment terms.

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