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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:    
Net Income (Loss) $ (7,672,128) $ 9,373,648
Adjustments to Reconcile Net Income (Loss) to Net Cash    
Stock-Based Compensation 2,289,237 1,672,823
Amortization of Right of Use Assets 287,956 135,234
Depreciation, Depletion and Amortization 2,061,474 1,429,788
Accretion of Asset Retirement Obligation 1,277,141 1,009,107
Loss on Dersivatives 1,319,401 93,740
Settlement on or Purchases of Derivative Instruments (87,042) (244,805)
Loss on XTO Final Settlement 1,448,363
PIE-Related Expense 1,399,030
Change in Operating Assets and Liabilities:    
Accounts Receivable (1,572,038) 304,009
Inventory, Oil in Tanks (292,057) (567,477)
Prepaids, Current 911,416 (45,362)
Accounts Payable 194,438 (2,464,573)
Accrued Expenses (3,732,113) 1,480,826
Other Long-Term Assets and Liabilities (942,916) (117,185)
Net Cash Provided By (Used In) Operating Activities (5,957,231) 14,907,166
Cash Flows From Investing Activities:    
Acquisition of Oil and Natural Gas Properties (2,094,419) (2,205,000)
Additions to Oil and Natural Gas Properties (5,596,535) (1,502,900)
Purchase of Other Fixed Assets (179,514) (307,787)
Cash Paid for Right of Use Assets (427,711) (135,244)
Sinking Fund Deposit 2,779,000 (640,000)
Net Cash Provided By (Used In) Investing Activities (5,519,179) (4,790,931)
Cash Flows From Financing Activities:    
Principal Payments of Debt (1,933,198) (1,384,167)
Proceeds from Bridge Loans from Related Parties 10,000,000
Proceeds from Warrant Exercises 2,500,000 3,389,903
Net Cash Provided By (Used In) Financing Activities 10,566,802 2,005,736
Net Change in Cash (909,608) 12,121,971
Cash - Beginning of Period 11,944,442 3,611,871
Cash - End of Period 11,034,834 15,733,842
Supplemental Cash Flow Information:    
Cash Paid for Interest $ 398,033 $ 292,022