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The Company’s asset retirement obligation transactions during the years ended December 31, 2023 and 2022 are summarized in the table below. (Details) - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]    
Asset retirement obligations, beginning of period $ 25,000,740 $ 20,640,599
Liabilities assumed in acquisitions 72,000 502,539
Revisions 2,303,938 2,660,653
Liabilities settled (964,274) (160,957)
Accretion expense 1,756,023 1,357,906
Asset retirement obligation, end of period 28,168,427 25,000,740
Less current portion included in Accrued Expenses 700,000
Asset retirement obligation, long-term $ 27,468,427 $ 25,000,740